Is bitcoin money?

[pationex]

Actually Bitcoin is a different currency with any currency here. Bitcoin has a lot of features compared to fiat money like dollars, rupiah, euros, pounds. We can use Bitcoin in all countries in the world, so he is different from other currencies. On the other hand, when trading using Bitcoin, it will be more economical than having to use a third party like a bank in a transaction.

[debra]

Bitcoin it self also includes money, but digital money. Bitcoin can be used as digital money anywhere and anytime in the world. Bitcoin can also be exchanged for prices with fiat money, whether it is exchanged into dollars, euros, pounds or Rupiah. The trade will remain the same and cannot be changed. Bitcoin is the same function as Gold, but is different in the world.

[Alpha]

It is money in terms of doing transaction of exchange from crypto to goods. Money is the means of peoples paying system and we can do it through crypto(Bitcoin) specially those countries that recognized bitcoin.

[nagato]

Bitcoin coins are not the same as what you mentioned above, but bitcoin has the same function for transaction media but bitcoin has a graph that benefits its users .

[diygirl]

Bitcoin money is universal money and is used by all the world community as internasiolan digital money. So Bitcoin functions almost the same as dollars, which can be exchanged for all types of currencies in each country. But the advantage of Bitcoin is that the increase will occur every year, while the dollar is not like that, depending on the country that uses it.

[dominoes]

It is not money in actual thinking but it is a digital money. Bitcoin can be use in any payment as long as the stores, companies, malls adopted cryptocurrency. The government did not yet totally recognized this new form of business that can be done through internet connection.

[gribble]

I think, bitcoin is not money but bitcoin is a digital currency. But it has the same puncture as money. because bitcoin can be used to trade on bittrex for profit. besides that, bitcoin can also be used as a payment tool to hire employees in a company. and that is why bitcoin is often referred to as electronic currency. and will be more popular in the future

[jbc081475]

Of course,Bitcoin can also be called as money because this has been used by many payments and billing transaction but this currency is different from dollars,Euro,Yen etc.

[Sabarhati]

indeed the same as the bitcoin currency with cash, but only slightly different because the bitcoin currency can be exchanged in any currency and the price is also up and down this is why many people want their salary to use bitcoin currency .

[@Royale]

Although Bitcoin is created as a form of digital currency, it is definitely not a money. In September 2015, the Commodity Futures Trading Commission (CFTC) in the United States officially designated Bitcoin as a commodity. In my own opinion, i still believe that bitcoin is an asset. It is a very interesting investment choice to store for a future immense wealth.

[Quart]

It is a digital currency, but It is not fiat. It will become the payment instrument and it brings a simplicity in paying or transaction system. Bitcoin sometimes has a similar function like money, but it is not real money (fiat).

[Stavr1992]

Definitely it can be said that bitcoin is money. For him actively bought and sold real estate, cars. I think that Bitcoin’s development will not stop there and it will go further.

[diygirl]

Bitcoin is digital money for all groups of people and all countries in the world. So we can buy Bitcoin in any form of currency. So the conclusion is that bitcoin is international money in the form of digital. Its function is the same as the dollar. But the difference is the higher price of Bitcoin than the dollar.

[Gedang goreng]

Of course ... Bitcoin is a digital form of money, which is very useful for users.

[Mut-coin]

Bitcoin in my opinion is a means of payment and money in particular. Now bitcoin as the main crypto currency, which keeps all the altcoyins.