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Harry Hood
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November 02, 2015, 10:32:00 PM |
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I think soon it will be real money. But could take some all people to understand the feature
It's not real money now? Because I can really buy something with it. How do you define "real money"? |
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chennan
Legendary
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Activity: 1316
Merit: 1004
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November 03, 2015, 01:23:08 AM |
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I feel bitcoin is more 'real' than normal fiat money. Which can be tinkered with and produced with quantitative easing endlessly.
Bitcoin is constant and transparent, unlike government money, we have no idea how many new banknotes are printed everyday.
This is why I believe that any PoW coin out there that has limited supply is better than fiat in every way imaginable... people have been lead to believe that there NEEDS to be a third party to control the money supply and print out money when they seem fit, which is the biggest ruse placed on humanity since, well, ever. |
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RealBitcoin
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November 03, 2015, 01:27:37 AM |
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There's a consistent theme that I see popping up on here that I find rather fascinating, and that is the way that many posters perceive BTC.
What do I mean? People doing things with BTC that they'd never, ever dream of doing with their dollars - gambling as an 'investment', or gambling at all, pouring coins into bullshit investment schemes run by totally anonymous showers of shit, lending on here to shambolic morons, asking the question 'where do I get free coins?'
Considering how much of a pain up the arse it can be to obtain coins and keep them safe and their future potential, I find it bizarre that there's such an extreme disconnect. I would've thought it should be at the opposite end of the scale but that's clearly not the case for many.
Why do you think this attitude has developed and where do you stand yourself?
Yes bitcoin is real money, i consciously know this. However unconsciously its hard to get used to it. I was born in the pre bank era, and always used toilet paper cash. Its so new to me. |
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yurinov
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Activity: 98
Merit: 10
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November 03, 2015, 07:48:33 AM |
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yes, you can trade bitcoin to real money so maybe it is more of an asset?
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RealBitcoin
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November 03, 2015, 09:01:59 AM |
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yes, you can trade bitcoin to real money so maybe it is more of an asset?
Not really. Some people say its a commodity because lack of spending and its nature to store value. But I disagree, it is both. Because it can store value, but its totally spendable, after more people accept it. Bitcoin is real money! |
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owm123
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November 03, 2015, 09:03:18 AM |
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Not really. I cant still buy groceries in my local supermarket with it.
Also, I always have to be connected to the internet to make transactions. This is not required with cash. Also, unlike cash, bitcoin is not anonymous.
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owm123
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November 03, 2015, 09:04:42 AM |
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yes, you can trade bitcoin to real money so maybe it is more of an asset?
Not really. Some people say its a commodity because lack of spending and its nature to store value. But I disagree, it is both. Because it can store value, but its totally spendable, after more people accept it. Bitcoin is real money! How it is really money? I can use my dollars in a wallet without any internet, nodes or anything. I can pay someone when there is no electricity, nor any internet connection. |
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enthus
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November 03, 2015, 09:11:56 AM |
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yes of course why would it not be 'real money'  |
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teddy5145
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November 03, 2015, 09:18:22 AM |
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For me bitcoin is more like a 'secondary money' Because im still relying on fiat while i collect bitcoin mainly for hoby and having my own pocket money  Bitcoin is great with his anonymity and other stuff But i can't fully rely on bitcoin yet Maybe in the future where bitcoin is being used worlwide i will consider it to be my 'real money' |
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RealBitcoin
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November 03, 2015, 09:21:01 AM |
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yes, you can trade bitcoin to real money so maybe it is more of an asset?
Not really. Some people say its a commodity because lack of spending and its nature to store value. But I disagree, it is both. Because it can store value, but its totally spendable, after more people accept it. Bitcoin is real money! How it is really money? I can use my dollars in a wallet without any internet, nodes or anything. I can pay someone when there is no electricity, nor any internet connection. There is the answer. But I doubt you will lose the internet, its become a basic thing nowadays. |
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trinaldao
Copper Member
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Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
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November 03, 2015, 09:28:42 AM |
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of course yesss you can buy a ton piza with 1bitcoin it's a real money with real value  |
INVALID BBCODE: close of unopened tag in table (1)
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Bud Spencer
Newbie
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Activity: 42
Merit: 0
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November 03, 2015, 10:44:11 AM |
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Bitcoin is definately real money! If someone is still not convinced, well just think about this. You can buy it, sell it or even turn it into paypal or even to your bank account.
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OrientA
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November 03, 2015, 03:38:33 PM |
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According to European High Court, bitcoin is a kind of currency, not goods, so there is no VAT to pay.
We can use bitcoin to buy goods. So it is money.
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thejaytiesto
Legendary
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Activity: 1358
Merit: 1014
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November 03, 2015, 04:16:13 PM |
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I think it has all the good features of gold, like a limited supply and a big network effect (with tremendous potential to go x1000 times what it is now compared to gold) and has all the features of the 21th century that gold will never have (easy of transportation, worldwide transactions, programmable). Basically is the best form of money we've ever seen.
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omahapoker
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November 03, 2015, 04:55:17 PM |
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Not really. I cant still buy groceries in my local supermarket with it.
Also, I always have to be connected to the internet to make transactions. This is not required with cash. Also, unlike cash, bitcoin is not anonymous.
Well just because you cant buy stuff with BTC in your local town, doesnt mean it is not possible. My barber shop around the corner accepts bitcoins, lots of small pubs and shops as well. Even a travel agent here accepts BTC. |
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trinaldao
Copper Member
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Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
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November 04, 2015, 04:55:59 AM |
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I think it has all the good features of gold, like a limited supply and a big network effect (with tremendous potential to go x1000 times what it is now compared to gold) and has all the features of the 21th century that gold will never have (easy of transportation, worldwide transactions, programmable). Basically is the best form of money we've ever seen.
agree with you bitcoin is so special like gold but in my opinion bitcoin is better than gold, it's a super currency , we will see the logo of bitcoin anywhere in the world |
INVALID BBCODE: close of unopened tag in table (1)
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_Miracle
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November 04, 2015, 05:26:41 AM |
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It is real to me.
It was a little more fun once my mining gear was paid for to buy stuff with it (fluffy Overstock down comforter :-).
Now I buy and spend and save
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There 'used' to be more truth in forums than anywhere else. Twitter: @cryptobitchicks Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?" INTJ-A
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Snorek
Legendary
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Activity: 1400
Merit: 1001
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November 04, 2015, 05:34:22 AM |
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Not really. I cant still buy groceries in my local supermarket with it.
Also, I always have to be connected to the internet to make transactions. This is not required with cash. Also, unlike cash, bitcoin is not anonymous.
Well just because you cant buy stuff with BTC in your local town, doesnt mean it is not possible. My barber shop around the corner accepts bitcoins, lots of small pubs and shops as well. Even a travel agent here accepts BTC. Have they accept BTC officially? Or it is to avoid taxes on FIAT payment? May I ask where are you from? It is funny because when I talked with my hairdresser about bitcoin last time, she has no idea what that is. And no restaurant or pub in my city is not bitcoin friendly so far (not that I am aware of any). |
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goinmerry
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Activity: 2940
Merit: 1083
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November 04, 2015, 05:41:44 AM |
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It is real to me  I have been using it for some time now. Creating some real cash using this kind of currency. Thanks to bitcoin and for the one who introduced me to this kind of money. |
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gripflierGO
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November 04, 2015, 12:48:31 PM |
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It is real to me I have been using it for some time now. Creating some real cash using this kind of currency. Thanks to bitcoin and for the one who introduced me to this kind of money. Yeah it has become a real money for me over a period of time. I have been using bitcoins to convert it to fiat currency, I can recharge my mobile phone using bitcoins and I can also make online transfers which is very convinient, cheap and time saving, So basically bitcoins is taking care of my all daily stuff so I believe it is a real money for me. |
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