MTBTT
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January 03, 2016, 01:08:49 PM |
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Yap its real...i can buy a thing with btc and find money in btc.. Thanks for the founder of btc with my little satoshi, I can not use my bitcoin as real money. So, I save my bitcoin to bigger in value. May be in 25 years bitcoin will become 1 satoshi = 1USD. Then I will use my bitcoin as real money. too much for your words, you will not be able to wait that long, is currently earning for 0.001 btc is very easy, you don't need to wait 25 years to get 1 satoshi = 1 usd and you can spend your bitcoin now as usual, without having to wait 25 years again
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Emersonnets
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Activity: 126
Merit: 100
The trouble is you think you have time.
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January 03, 2016, 02:13:59 PM |
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It's as real to me as real money. It's a currency so yes it's real. As long as you can spend it and earn it as well, and you can do the same stuff with it as fiat then it should be as real to you as that.
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BeGoods
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Activity: 1372
Merit: 1008
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January 03, 2016, 02:15:27 PM |
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For me yes in fact it helps to me to pay our bills like monthly payment for internet, electricity and for apartment. And also use it for buying foods and stuffs. bitcoins is really fast to withdraw just like a normal Atm debit card That you can withdraw it into fiat instantly..
What bills are you paying with Bitcoin and how are you doing it? Are you transferring the money to your bank account first or are you paying directly with Bitcoin. Where are you located, in what country? Do you earn your bitcoin through faucets, work or gambling. Please let us know. if you pay with fiat money, its means not bitcoin which plays an important role, because the fiat money that you give if no fiat money what are you still able to pay bills
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FerrariF50
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January 03, 2016, 02:37:43 PM |
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Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context,[1][2][3] or is easily converted to such a form. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, sometimes, a standard of deferred payment.[4][5] Any item or verifiable record that fulfills these functions can be considered money. -Wikipedia. So yeah, it is a verifiable record that is accepted as payment, so bitcoin is money
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Ryananda
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January 03, 2016, 03:03:26 PM |
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I gather bitcoin just to earn money because it is very easy. Bitcoin that I can will definitely be my transfer to my bank savings and I do not let linger long in bitcoin wallet. I prefer to do it
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adicted
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January 03, 2016, 03:21:51 PM |
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Yap its real...i can buy a thing with btc and find money in btc.. Thanks for the founder of btc with my little satoshi, I can not use my bitcoin as real money. So, I save my bitcoin to bigger in value. May be in 25 years bitcoin will become 1 satoshi = 1USD. Then I will use my bitcoin as real money. 1 satoshi = 1 USD seems too good to be true and kinda impossible to happen. I don't think you'll have to wait that happen to consider bitcoin as real money. If your little satoshis grow and you earned good amount of BTC, you will definitely spend it and treat it as a real money
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zabisux
Sr. Member
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Activity: 401
Merit: 250
Presale is live!
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January 03, 2016, 05:08:11 PM |
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What does it take to count as real money. It became real money over time.
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AtheistAKASaneBrain
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January 03, 2016, 05:13:04 PM |
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Yap its real...i can buy a thing with btc and find money in btc.. Thanks for the founder of btc with my little satoshi, I can not use my bitcoin as real money. So, I save my bitcoin to bigger in value. May be in 25 years bitcoin will become 1 satoshi = 1USD. Then I will use my bitcoin as real money. 1 satoshi = 1 USD seems too good to be true and kinda impossible to happen. I don't think you'll have to wait that happen to consider bitcoin as real money. If your little satoshis grow and you earned good amount of BTC, you will definitely spend it and treat it as a real money It is real money already and has been since the first transactions. Bitcoin has all the properties of sound money and as soon as people start accepting it then it's considered money, there's no need to wait to call it money.
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biscuit76
Newbie
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January 03, 2016, 09:34:02 PM |
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yessir. I can directly purchase physical products with it.
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ajun96
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January 04, 2016, 12:02:45 AM |
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It's as real to me as real money. It's a currency so yes it's real. As long as you can spend it and earn it as well, and you can do the same stuff with it as fiat then it should be as real to you as that.
yeah right, as long as bitcoin could be used to buy other goods and used as fiat money, it can be called real money, that's what I see in wikipedia lol
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Amph
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January 04, 2016, 08:03:31 AM |
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What does it take to count as real money. It became real money over time.
only the usage as i see it, if more people use it acquire value over time, and it can be seen as a real money but only if the value is givìen by the people and not by a central autorithy like it happen for fiat, it can be seen as a true real money
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jerowacik
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Merit: 1000
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January 04, 2016, 08:08:57 AM |
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It's as real to me as real money. It's a currency so yes it's real. As long as you can spend it and earn it as well, and you can do the same stuff with it as fiat then it should be as real to you as that.
yeah right, as long as bitcoin could be used to buy other goods and used as fiat money, it can be called real money, that's what I see in wikipedia lol yap absolutely right. as long as you can buy the goods of this world, the media referred to as real money payment.
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sirohige
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January 04, 2016, 08:23:39 AM |
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of course yess!!!! for me bitcoin is real money,, i can buying everything with bitcoin, also i can upgrade some skill at my game
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jethrorn99
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January 04, 2016, 10:52:05 AM |
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If it could be used for buying, selling things, then i would say it's real money, even it doesn't have a physical form.
In wikipedia, Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context, or is easily converted to such a form.
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flagpara
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January 04, 2016, 10:56:42 AM |
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No it's not, for the very simple reason I'm not paid in btc.
It's just a temporary transformation of money, not a true form of currency for me. Not until i get an income of it at least ^^
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Coin0fMisery
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January 04, 2016, 12:18:58 PM |
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Yes it is, but i cant spend it anywhere so it is also as an investment for me. But i treat it as money.
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goinmerry
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January 04, 2016, 12:51:07 PM |
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Yes it is, but i cant spend it anywhere so it is also as an investment for me. But i treat it as money.
You can spend it by exchanging it with fiat. That is the problem for now. Few are accepting bitcoin as payment through their stores. But some big companies now do. Like for our country it can be used for paying electric bills.
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krunox123
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January 04, 2016, 02:19:32 PM |
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TBH, I still consider Bitcoin as virtual money since I cannot access my wallet anytime I want to when I am offline or not connected to the internet or do not have access to my PC. IMO, fiat is just a piece of paper to me.
Just my 2 cents.
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Life sucks.
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blackmachinegun
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January 04, 2016, 03:51:07 PM |
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I gather bitcoin just to earn money because it is very easy. Bitcoin that I can will definitely be my transfer to my bank savings and I do not let linger long in bitcoin wallet. I prefer to do it
Gold also can do as you mentioned, the core of the real money is not like that, I think you're not using bitcoin like real money, by spending it to purchase goods or any
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afriezalie
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January 04, 2016, 03:58:02 PM |
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For me, bitcoin is a virtual money because it doesn't have physical form like fiat. But in other time I can say that bitcoin is real money depend on what situation I'm faced with. For example, when I buy goods and I pay with bitcoin without convert my bitcoin into fiat. I think bitcoin is real money in that case.
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