Bitcoin Forum
July 04, 2024, 06:40:01 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Is Bitcoin money ?  (Read 1337 times)
Slark
Legendary
*
Offline Offline

Activity: 1862
Merit: 1004


View Profile
October 30, 2016, 09:40:32 PM
 #41

This question is asked all the time. To be frank we can waste time trying to prove one point  or another, but what is the point?
I have another question: "Is gold money or property?" I think it is both. And with bitcoin is the same.
BTC can be classified as commodity, currency, money - and in fact is - by various government or financial institutions in the US.

You want to know some more about money vs. currency debate? This video is for you - Money vs Currency - Hidden Secrets Of Money Ep 1 - Mike Maloney:

https://www.youtube.com/watch?v=DyV0OfU3-FU
Chronobank
Sr. Member
****
Offline Offline

Activity: 1081
Merit: 251


Formerly known as Chronobank, now Chrono.tech


View Profile WWW
October 30, 2016, 09:44:17 PM
 #42

In my opinion, Bitcoin is a good means of payment. But, unfortunately, to get the cash I have to exchange Bitcoins to Fiat. Once Bitcoin will like paper and / or a digital money and as soon as I can buy a "loaf of bread" for Bitcoins, then I can say with confidence that Bitcoin is real money. At the moment, Bitcoin is a commodity like gold or silver.

Farma
Legendary
*
Offline Offline

Activity: 2590
Merit: 1001


Leading Crypto Sports Betting & Casino Platform


View Profile
October 30, 2016, 09:53:41 PM
 #43

I feel that the classification bitcoin included into money. I classify based bitcoin greatest usefulness. current users of bitcoin, mostly using bitcoin as a means of transaction, because so many advantages of bitcoin in terms of transactions, such as transactions quickly and anonymously. although many people who also use bitcoin as a tool for investment, however I would classify it as a bitcoin money on the internet

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
TriggerX
Hero Member
*****
Offline Offline

Activity: 826
Merit: 1000


View Profile
October 30, 2016, 10:43:19 PM
 #44

Yeah! I believe it is as for it's not really a commodity because we can't physically have a bitcoin. It's treated as money and as a form of currency and can be used to pay for things, which is why I classify Bitcoin as money.

Hi!
agamasrori
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
October 31, 2016, 02:34:42 AM
 #45

Yeah! I believe it is as for it's not really a commodity because we can't physically have a bitcoin. It's treated as money and as a form of currency and can be used to pay for things, which is why I classify Bitcoin as money.
Yes ofcourse, all people here use bitcoin such money. Bitcoin is realy good to be currency becouse it no need pishycal, so we do not have to worry if some one try to steal our money in street or in the crowd. Becouse we are the only one who can control our money.


              ▄
            ▄███▄
          ▄███████▄
   ▄▄▄    █
█████████
   ███
    ███████████▄
██    ████    ████████▄
      ████    ██████████
  ████    ████▀██████████
  ████    ██▀   ▀█████████▄
      █████       █████████▄
      ███▀         ▀████████
  ██████▀           ▀███████
  █████▀             ▀█████
   ████ █▄▄▄     ▄▄▄█ ████
    ███ ▀███████████▀ ███
     ▀▀█▄ █████████ ▄█▀▀
        ▀▀▄▄ ▀▀▀ ▄▄▀▀
●●
●●
●●
●●
●●
●●
|●  facebook
●  reddit
●  ann thread
|
█ ██
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██

██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
██ █
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!