Bitcoin Forum

Hi, is it correctly labelled digital currency, virtual currency or cryptocurrency ? Which label will prevail ? Thanks

 cryptocurrency or digital currency.

We should get away from the virtual currency label. It makes it sound like an in game currency from one of the big mmorpg games. Personally i prefer crypto currency since it is cryptography that makes it all work. 

Is the Internet a network of networks, or a global inter-network routing protocol stack, or is it just the Internet?

Crypto seems to roll off the tongue a bit better ?

I would prefer digital or crypto, not virtual.

Currency.

all of the above

funny how things goes on when a new thing starts, you get to name it for the next generations.

i remember that topic about the mining where people were arguing about how confusing it is and minors should be called validators since that's what they do.
 I myself remember having a lot of troubles understanding wtf mining at first was and connecting the dots with the validation process of the transactions

I agree crypto seems to sound the best so either that or digital!

I prefere digital. Everyone knows what "digital" is (no they actualy do not know but they think they do so it's cool).

Crypto is too much "secret" and virtual is : "what's that, MMO money?"

And makes you sound like a retard trying to be technical.


Bitcoin can be used as digital currency /end thread

But isn't it easier just to say 'crypto' and not 'digital currency' ? 
2 syllables vs 6 syllables is a wide gap( almost the gap between Brazil and Germany !).

People need to learn what a virtual currency is.
Bitcoin is a digital currency.

virtual:
gives the mindset that its fake, EG virtual reality=fake reality

digital:
mindset that its computer based, but doesnt limit it away from other types of digital currency EG FIAT online bank, facebook credits

cryptographic currency:
describes bitcoin but doesnt roll off the tongue

crypto-currency:
mindset that its 'cryptic' (mysterious, puzzling, secretive)

crypto:
mindset that its 'cryptic' (mysterious, puzzling, secretive), but rolls off the tongue

coin:
mindset that its physical

professionally i prefer cryptographic currency, but you have never seen me say on these forums, where i try to stick to laymans. so i say crypto-currency, or crypto.

Cryptographically signed valuable trade-able right...  ;) 

internet: compuglobalhypermeganet :D
bitcoin: decentralisticcryptographicallysignedledger :D

Bitcoin is NOT 'VIRTUAL' currency. That does matter. But how to name it - 'digital' or 'crypto' currency - it's up to you

Your question is really asking us to define what the definition of "is" is. Regardless of if you define bitcoin as a digital currency, as a crypto currency or as anything else, as long as you understand the underlying fundamentals of how bitcoin operates you will be set :)

I liked when it was referred to as a cryptocurrency.

"What's in a name? that which we call a rose. By any other name would smell as sweet"


Why so much discussion about what bitcoin should be called? What matter is what it is

Another idea: "digital gold".  (Gold is usually not described as a _____ currency)

Distributed crypto-currency. "Distributed" is important to be clear that there is no central government or organisation backing the currency, but is usually inferred.

It's not specific, though. A private currency like Amazon Coins is digital.

"Crypto" is accurate. Being based on cryptography is one of the defining attributes of this kind of currency. And words like "secret" or "private" aren't necessarily bad.

Simply. Bitcoin is a cryptocurrency, which use for algorithm SHA-256.

hang on, what about "CryptoCoin" ? is that better than "CryptoCurrency" ? cheers

I preferred as a cryptocurrency.. 8)

Imagine we called a rose an ass though - "awww, these asses smell great hon!"


I get your/Shakespeare's point, but if I'm describing it to someone for the first time:

"Cryptocurrency" for a) people familiar with math/tech/etc. that may have an idea of what cryptography is.  
b) people I think may not understand right away but might be intrigued solely based on the sound of "crypto".
"Digital currency" for people who aren't a or b, or that I don't know well - at least to start with some frame of reference.

cryptocurrency

Crypto- does SOUND the best to me as well.

Crypto currency and digital currency suits perfectly. In future it will be called digital currency ..

Won't be too long before another branch of virtual currency is branch off.

Bitcoin: PoW cryptocurrency.