Is Bitcoin Money or Currency

[onyok]

mon·ey (noun)

- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
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cur·ren·cy read as ˈkərənsē (noun)

-a system of money in general use in a particular country.

So, is bitcoin money or currency?

As far as i know money is the general term of any type of currency, or simply like a tree money is the body and the currency is the branches.. And also currency is the money used by the particular country or place to know the differences and distinctive of different countries regarding to thier kind of money. So don't be confused about that two words.

[1714822022]

1714822022

[1714822022]

1714822022

[1714822022]

1714822022

[dominional]

Is Bitcoin Money or Currency: it depend on the user either you want to make it money or currency. It can be use for exchange and transaction and a means of exchange. It can also be sold and it can be used to buy good and service

[dominional]

Is Bitcoin Money or Currency: it depend on the user either you want to make it money or currency. It can be use for exchange and transaction and a means of exchange. It can also be sold and it can be used to buy good and service

[richardfisk]

It is hard to say about this idea. People want bitcoin to become a currency which accepted around the world. However, most of them only hold bitcoin for a long term profit without spending a single penny. So how can bitcoin become money when people consider it as an investment ? Right now, it is obvious that bitcoin is useful for people to put their money in because it can give us a huge profit in the future

[sharm2121]

People are right it is both currency and money, because currency become money and bitcoin is also money, then why we need to argue with this, this both will result into money and cryptoCURRENCY!

[NyLymZbl]

Currency is a paper money, or the physical money. While money is a store of value which has a purchasing power. Just like fiat, bitcoin has a value and you can use it as a medium of exchange, but its not paper, rather a digital currency. However, it is not recognized by the bank a currency. So i think its another type of money, but in a form of digital or electronic money.

[MiXxe]

People are right it is both currency and money, because currency become money and bitcoin is also money, then why we need to argue with this, this both will result into money and cryptoCURRENCY!

I actually see no difference between this two. What I believe in is that, it is both a form of investment  and also, can be used as a currency. I must stand with this because these are ways how I use it. No need to quarrel about bitcoin. Let us just support it and be mindful of the possible changes that may happen. Bitcoin is a means of change in economic status.

[breathlessz]

People are right it is both currency and money, because currency become money and bitcoin is also money, then why we need to argue with this, this both will result into money and cryptoCURRENCY!

I actually see no difference between this two. What I believe in is that, it is both a form of investment  and also, can be used as a currency. I must stand with this because these are ways how I use it. No need to quarrel about bitcoin. Let us just support it and be mindful of the possible changes that may happen. Bitcoin is a means of change in economic status.

right, bitcoin has both functions. but nowadays because not many countries are using it, so btc is mostly used as an investment tool because of that fantastic price increase, so many bitcoiner that utilize for get profit

[soenaderecho10]

People are right it is both currency and money, because currency become money and bitcoin is also money, then why we need to argue with this, this both will result into money and cryptoCURRENCY!

I actually see no difference between this two. What I believe in is that, it is both a form of investment  and also, can be used as a currency. I must stand with this because these are ways how I use it. No need to quarrel about bitcoin. Let us just support it and be mindful of the possible changes that may happen. Bitcoin is a means of change in economic status.

right, bitcoin has both functions. but nowadays because not many countries are using it, so btc is mostly used as an investment tool because of that fantastic price increase, so many bitcoiner that utilize for get profit

For me bitcoin money and currency is defferent because currency is a paper money or fiat money that using people in every country and buy for daily needs and bitcoin is a material that can invest but bitcoin is virtual currency and many people invest it because of the excellent price but bitcoin money and currency is both money.

[mariaana]

Bitcoin is both money and currency. Money is tangible assets acceptable in any exchange in the form of various currency. Bitcoin is money in digital currency that is acceptable in countries that the state regulations accepts and can be converted to different fiat currency used as money. Bitcoin is the money in the digital world.

[21millionsbtc]

Bitcoin is an asset u can term it as an asset with definite value for long-term growth we cant term it as a currency because of speculations and volatility so more than currency it is an asset

[Kambala07]

Bitcoin is money in acceptable digital currency in countries that accept state regulations and can be converted to different fiat currencies used as money. Bitcoin is money in the digital world.

Currency is banknotes, or physical money. While money is a store of value that has purchasing power. Just like fiat, bitcoin has value and you can use it as a medium of exchange

[i_iz_vins]

mon·ey (noun)

- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
---


cur·ren·cy read as ˈkərənsē (noun)

-a system of money in general use in a particular country.

So, is bitcoin money or currency?

currency refers to the money that a country is using and they are almost similar to money. Currency is used as a money and bitcoin is used like that. Although it is a currency,people use it as money to pay bills or something. Just like how dollar is used.

[ryzaadit]

For me Bitcoin its Asset Digital, no one can replace money but bitcoin can change the payment system. So the payment will be very easy & faster than bank transfer. The problem its with using Visa/Bank account we still have some chance to get phising attack and other think. Bitcoin will change the Payment Gateway at future.

[Kalm]

Bitcoin is digital currency.  So it any time to use and any where to use. So it reach the all country. It useful to all country people. it connect the other country people. So people will be share more information. It good future currency. Bitcoin is any time to increase.  But it not money.
Money is change the country ways. Money is important for the country growth. It will not change the price. It change the price country ways. If country will be growth money will be growth. Money is part of the all country. Coming future bitcoin will be use all country.

[Ngajim]

In my opinion Bitcoin is money also currency,because Bitcoin is an investment and they only want to earn more money from holding it.Bitcoin is money in the digital world, so bitcoin is both money or currency

[poli.isk]

bitcoin is money and currency. only it is on the Internet, we can not touch them and see, but they are, it's modern money

[Ghayoor]

It is hard to say about this idea. People want bitcoin to become a currency which accepted around the world. However, most of them only hold bitcoin for a long term profit without spending a single penny. So how can bitcoin become money when people consider it as an investment ? Right now, it is obvious that bitcoin is useful for people to put their money in because it can give us a huge profit in the future

bitcoin is a digital currency and it work same like real money its price is also very high then any other currency.

[Tomborneque_1102]

For me, Bitcoin is a currency that can only be used over the Internet. it has a value that can be traded to a real Money. that means you can also it use to buy something on the Internet.  so we can safely assume that Bitcoin is the Internet's Money. but not in the real World.

[ironman2014]

Bitcoin in both, it is the thing, that makes my life better and easier in the hard reality of my area and neighbourhood. So BTC for life