Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
I agreed on this matter, as long as bitcoin being used as payment in online it is considered as money like usd, euro and ¥ which means it shows bitcoin is like a real currency/money.
The only difference is that we cannot hold bitcoins physically and apart from that there is not much difference between bitcoins and real money as we can spend it anywhere we want like real money so bitcoin is definitely a money to me.
Correct, as long as I can use it even on a daily basis and trade anywhere and anytime in the world then I will also consider bitcoin as money or even better than money. The only thing I could think about money's advantage about bitcoin is acceptability though bitcoin is not legalize in our country we can still easily exchange it to our currency and use it like just an ordinary money. I also feel much safer in bitcoins than carrying bulky wallets or atm cards that always an eye catcher for thieves.
I agree with you as long as i can feed off it daily it is money for me and also the part about thieves is also correct how are thieves able to steal your bitcoins? unless you know everything in your head there is no chance they would be able to get in your online wallet.
Same thing goes for me if you can feed on it i would consider it money it actually is money if you have invested in it and if you are trying to earn it it also is money because if you cash them out and spend it you actually made money.
Bitcoin is money because you can buy a lot of things with it just like you can with cash money. So i think that bitcoin will stay high in value because there are a lot of things you can do with it.
Show Posts
