Bitcoin is something radically new. Nothing like Bitcoin has been possible until now. I would go so far as to consider it sui generis; "in its own class".  This makes it important to understand what Bitcoin actually is before we try to describe it to others.

We're getting a good handle on the code, and of course on Bitcoin's function and utility, but what words should we use to describe Bitcoin itself? There has been some debate in other threads [mostly my doing] over how it is like/not like money, cash, dollars, etc. I'd like to start this thread by focusing on the term "money", and play Devil's avocate by asking for your best arguments that Bitcoin IS money.

My legal dictionary states "In usual and ordinary acceptation it [money] means gold, silver, or paper money, used as circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate." [cites omitted]

Wikipedia says "Money is any object that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally, a standard of deferred payment." [cited omitted]

Webster's Online Dictionary defines money as:

• 1. The most common medium of exchange; functions as legal tender; "we tried to collect the money he owed us".
• 2. Wealth reckoned in terms of money; "all his money is in real estate".
• 3. The official currency issued by a government or national bank; "he changed his money into francs".
• 4. A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by the sovereign authority as a medium of exchange in financial transactions between citizens and with government; also, any number of such pieces; coin.
• 5. Any written or stamped promise, certificate, or order, as a government note, a bank note, a certificate of deposit, etc., which is payable in standard coined money and is lawfully current in lieu of it; in a comprehensive sense, any currency usually and lawfully employed in buying and selling.
• 6. In general, wealth; property; as, he has much money in land, or in stocks; to make, or lose, money.

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I maintain that per these definitions, Bitcoin cannot possibly be described as "money". And further, I think that those who do describe Bitcoin as "money" are doing this community a disservice.

But that is just my point of view. Are there any that can convincingly argue otherwise, that Bitcoin IS money?

That is why only a few people win on the long run when gambling because the higher you won so is your bet due to being tempted on your wining streak without even noticing that you're on the losing streak already so it's better to quit gambling once you've won already but that too is very hard to figure out because of the temptation we feel when winning.

For me the only benefits that gambling can give is the fun and enjoyment,coz i dont really believe in luck of playing and bettings..i use to try gamble wayback but seems like its just a waste of money,u will win aometimes.but losses many times.so why gamble when u knew that stake of loasing is more than winnings.

Bitcoin is alive!!! It has been proclaimed dead many times yet bitcoin continue to survive. Despite all the challenges and negative issue thrown to bitcoin, still bitcoin stands firm. It shakens a bit but not falter. Thus could only prove that no one can control bitcoin and that bitcoin is unstoppable! It will survive more than my lifetime.

We have the same thought. I think bitcoin can't end the world poverty but it might be lessen. We know that poor people have don't have enough money to get internet or gadgets to access bitcoin because even their daily food is a problem. I think bitcoin can only help to develop the economy of that country because it can lessen the unemployment rate.

Everyone have the same purpose mostly in making money instantly in gambling.
That is the most attractive factor , you cannot avoid about that too right? Really a simple way to live this short life.
But they are mostly did not responsible too , and just creates a lot more problem.

Most people can be affected this way, but some people are benefited from gambling, like OP. If you start gambling trying to learn and worring less about money you can improve your mental skills. Gambling is very tempting, if you are able to pass a personal test like that (temptation), you are able to pass for almost any difficult and situation in your life.

It is weird but I find this a lot, some people think that bitcoin is like the currencies that you get in those RPG games and treat it as if it is not real when in fact most of the transactions around the world are digital like, bank transfers, paypal, paying bills from your phone, credit card purchases and others.

When prices are going down hold the coins you have in wallet and buy the new one as much as you can because sooner the prices will go high and give you blow of profit so that you will feel proud on your decision of holding and buying new ones and remember one thing buy low sell high this make successful profiteer.

I just thought about a little theory. When I usually tell friends or people in general about cryptocurrencies and that they need to inform themselves about the subject the feedback is 90% positive. People realize that cryptocurrencies is the next "big thing". So back to my theory. In recent days there were a lot of discussions about Jamie Dimon CEO of JP Morgan spreading FUD. So if he actually gets people aware of crypto even by bad publicity won't it be positive for the market despite causing a price drop by panic sellers. So do you think even bad news about crypto in the wider media will drive the market up in the long run because it makes people aware?

Gambling is wrong or not, it depend on your view, your goverment and your culture. At my country, Gambling is the most cause lead to social evil like steal, rob, kidnap,... So if it's bad at that community , it will be prohibited by the goverment and you can be busted if you're gambling. Sex and gambling are the most cause lead to Social Evil at 3rd countries if you guys don't know about it.