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Author Topic: Is bitcoin money?  (Read 22171 times)

Offline marshmellow

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Re: Is bitcoin money?
« Reply #15 on: September 29, 2018, 12:33:17 AM »
Very good statement from you. Indeed, the function of Bitcoin is actually the same as ordinary money. But Bitcoin tends to be universal. Any currency can buy Bitcoin. For that, bitcoin itself can be exchanged for any currency. It can be used directly as a means of payment or transact with other people. because it's the goal of Bitcoin like that.

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Re: Is bitcoin money?
« Reply #15 on: September 29, 2018, 12:33:17 AM »

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Offline Elaine99M

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Re: Is bitcoin money?
« Reply #16 on: September 29, 2018, 01:30:46 AM »
Definitely no. It is only a digital currency created as a replacement of money, which is use as a mode of payment in buying commodities, paying bills and services. Bitcoin cannot be called as money because it has no physical appearance and it is not regulated by governments.

Offline desanti

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Re: Is bitcoin money?
« Reply #17 on: September 29, 2018, 01:47:08 AM »
bitcoin is a digital currency but can be exchanged with fiat and bitcoin currencies can also be said as a tool for investment that we can take at any time when we feel it is profitable. besides that bitcoin has the same puncture as money that can be used as a payment tool to hire employees in a company. that is why bitcoin is often referred to as electronic money. so I think bitcoin is an asset and bitcoin is a currency

Offline gribble

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Re: Is bitcoin money?
« Reply #18 on: September 29, 2018, 02:02:56 AM »
bitcoin is in the form of digital currency and its function is the same as banknotes and can be used as payment for employing Kariawan by companies that are allowed by only a few countries besides that bitcoin can be an investment asset that can be profitable

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Offline comer

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Re: Is bitcoin money?
« Reply #19 on: September 29, 2018, 02:14:10 AM »
Partly of it is money, but most of the bitcoin uses for today's ecosystem is more about on investment. It is something which has value and a great prospect to earn huge money. The evolution of bitcoin was cause by investors that believe the coin is a tool/product that that represent investment that would give huge return of money in the long term action. I myself believe that the cling to the investment side of bitcoin was a good outcome of its usability in the community.
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Offline obito uciha

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Re: Is bitcoin money?
« Reply #20 on: September 29, 2018, 02:16:12 AM »
in my opinion, bitcoin is not like a dollar or something. As I know, bitcoin has the same function for a bitcoin transaction as for example digital gold where prices can change at any time ..

Offline Ahmad Arwanj

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Re: Is bitcoin money?
« Reply #21 on: September 29, 2018, 02:23:18 AM »
this makes people think why people like to choose bitcoin, the answer is easy because bitcoin has special features compared to other currencies. Because prices have a fast change, that's why bitcoin is an influential cripto ..

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Re: Is bitcoin money?
« Reply #21 on: September 29, 2018, 02:23:18 AM »


Offline TingTong

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Re: Is bitcoin money?
« Reply #22 on: September 29, 2018, 05:49:45 AM »
Though bitcoin has no formation like dollar, euro, pound , we can say it money .Actually we can use bitcoins as other currencies , but in general we don’t want to do that .May be its extreme volatility is responsible for that .For this voladility , people won’t want to take their salaries in the form of bitcoins .But the function of bitcoins is as same as money .
Yea bitcoin is money.  If you need money you can easily convert it in your country money.

Offline densuj

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Re: Is bitcoin money?
« Reply #23 on: September 29, 2018, 05:53:01 AM »
The purpose of bitcoin is for money but in the reality bitcoin is considered as digital comodities, bitcoin is still not popular to be money and be used by all of people around the world. Maybe it will takes couples year later for bitcoin to be money, however bitcoin is just the beginning in the world and we know must there are processing until bitcoin to be money.

Offline Garuda

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Re: Is bitcoin money?
« Reply #24 on: September 29, 2018, 06:45:31 AM »
The function of bitcoin is the same as money. Bitcoin can be used to make payments. Even if your country has accepted and legalized bitcoin as payment, you can also take salary in the form of bitcoin. But this is actually the digital currency and not all payment can use this. This is a great currency for investment actually.
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Re: Is bitcoin money?
« Reply #25 on: September 29, 2018, 08:00:16 AM »
For me, bitcoin is money, but now, it's only available on the internet but I can convert bitcoin to fiat, and I can buy something. I think bitcoin can be real money in the future especially if all countries can accept bitcoin as a new payment system. I guess that we will see this in the future especially if all people can easily access and use bitcoin without worry about breaking the law.

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Re: Is bitcoin money?
« Reply #26 on: September 29, 2018, 10:19:31 AM »
In my opinion, Bitcoin is full-value money.  Because in many countries, people pay in stores.  Buying home appliances.  Bitcoin and cryptocurrency have long been beginning to change this world.

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Re: Is bitcoin money?
« Reply #27 on: September 29, 2018, 02:39:12 PM »
Though bitcoin has no formation like dollar, euro, pound , we can say it money .Actually we can use bitcoins as other currencies , but in general we don’t want to do that .May be its extreme volatility is responsible for that .For this voladility , people won’t want to take their salaries in the form of bitcoins .But the function of bitcoins is as same as money .


Of course , bitcoin is digital money. It is fiod for investment. But at several countries ban bitcoin. Bitcoin will be money at the future. I believe it.

Offline Munareal

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Re: Is bitcoin money?
« Reply #28 on: September 29, 2018, 04:20:47 PM »
Bitcoin is not a legal tender but people still use it to make payment and purchases. It is the internet money

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Re: Is bitcoin money?
« Reply #29 on: September 30, 2018, 03:41:45 PM »
Though bitcoin has no formation like dollar, euro, pound , we can say it money .Actually we can use bitcoins as other currencies , but in general we don’t want to do that .May be its extreme volatility is responsible for that .For this voladility , people won’t want to take their salaries in the form of bitcoins .But the function of bitcoins is as same as money .


I think Bitcoin is currency, It is not money. Maybe at the coming It will be money.
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