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Zaun
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January 26, 2016, 09:21:05 AM |
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Of course bitcoin is real money to me. Because you can Bitcoin exchange for real money so why not.
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Nameless Coin
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January 26, 2016, 09:41:08 AM |
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I think bitcoin is real money, it is increasingly used.
it is no currency of course, I think this will become bitcoin in the future.
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Karartma1
Legendary
 Offline
Activity: 2310
Merit: 1422
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January 26, 2016, 10:23:33 AM |
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Yesterday I bought gold with BTC and yes now I can definitely say that BTC is real money. When used on the internet it does not give that "real" taste but then when used in the real world is just amazing what we have achieved here.
Gold?  Wooohhh I want that.. How you do it? Kindly please tell me how cause there are also some friends of mine who wants to invest some of their bitcoin through gold. They say it is the precious metal that will stay at a high price even in the future. Gold Gold Gold. I bought a gold coin from a friend of mine: we agreed on the price and we made the transaction. If you want to buy virtual gold that can be redeemed later on you could try vaultoro. |
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knowhow
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January 27, 2016, 12:05:26 AM |
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Well its one way to use your bitcoin buying gold,but i wouldnt trade my bitcoins vs gold as i believe bitcoin value will be much more over the years and maybe crossing the gold value.
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vrm86
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January 27, 2016, 12:25:07 AM |
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For me it's more like a gold: it has certain value, but I am not using BTC in daily basis transactions. Bitcoin has still long way to go to become everyday payment mean for masses.
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Karpeles
Legendary
Offline
Activity: 1162
Merit: 1000
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January 27, 2016, 01:07:24 AM |
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Wikipedia always has the answer for everything:
"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. 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.Any item or verifiable
record that fulfills these functions
can be considered money."
Too easy to see that BTC fullfills all requeriments above, so BTC is money
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vrm86
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January 27, 2016, 01:13:36 AM |
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Wikipedia always has the answer for everything:
"(...) Any item or verifiable
record that fulfills these functions
can be considered money."
This makes the space for discussion, as there could be everyone's own perception of money term, to be described in this thread  |
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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January 27, 2016, 04:59:50 AM |
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Wikipedia always has the answer for everything:
"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. 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.Any item or verifiable
record that fulfills these functions
can be considered money."
Too easy to see that BTC fullfills all requeriments above, so BTC is money
Great. So wikipedia did have an answer for this. I guess that says everything. On the old days they just use silver copper or gold. And that is money too. Soil can be a money too if it is used as an unit for exchange or make it valuable. |
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Rizky Aditya
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January 27, 2016, 05:06:48 AM |
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A significant amount of money. That is the definition if real money from google and it is completely bullshit. Bitcoin is real money.
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vrm86
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January 27, 2016, 06:07:19 AM |
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Soil can be a money too if it is used as an unit for exchange or make it valuable.
No, it cant. Payment mean must operate with something that is hard (or impossible) to obtain another way than receiving payment. You can't get as much Bitcoins, gold, silver or secured bank notes as you want with practically no effort. With soil, you can. |
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diodio5
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January 27, 2016, 06:12:31 AM |
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Soil can be a money too if it is used as an unit for exchange or make it valuable.
No, it cant. Payment mean must operate with something that is hard (or impossible) to obtain another way than receiving payment. You can't get as much Bitcoins, gold, silver or secured bank notes as you want with practically no effort. With soil, you can. hmm. I think that's maybe yes maybe no,, while the soil or an object is vworth and has a value, I think it was worth mentioning money, |
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joinal
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January 27, 2016, 06:15:42 AM |
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Soil can be a money too if it is used as an unit for exchange or make it valuable.
No, it cant. Payment mean must operate with something that is hard (or impossible) to obtain another way than receiving payment. You can't get as much Bitcoins, gold, silver or secured bank notes as you want with practically no effort. With soil, you can. if your mind like that. I can mention that. animals are included money? because he is worth and can also be exchanged. false analogy |
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vrm86
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January 27, 2016, 06:25:12 AM |
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Soil can be a money too if it is used as an unit for exchange or make it valuable.
No, it cant. Payment mean must operate with something that is hard (or impossible) to obtain another way than receiving payment. You can't get as much Bitcoins, gold, silver or secured bank notes as you want with practically no effort. With soil, you can. hmm. I think that's maybe yes maybe no,, while the soil or an object is vworth and has a value, I think it was worth mentioning money, Theoretically it depends on amount - soil has some value, but you would need huge amounts to pay for everything you need. Maybe truck of soil is worth few bucks (I am afraid that transportation is far more expensive), but it makes no sense to use this as a payment if your mind like that. I can mention that. animals are included money? because he is worth and can also be exchanged. false analogy
Soil is everywhere around us, if you have the wish you can go outside with shovel and obtain amount whatever you like to, thus nobody will exchange this for anything more valuable. Is it as easy to get any animal? Do you can go outside and get as many cows, chickens as you want? I don't say that soil can not be exchanged, but it has such low value that make no sense to use it as a daily payment mean. |
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cjmoles
Legendary
Offline
Activity: 1176
Merit: 1017
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January 27, 2016, 03:09:47 PM |
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Soil can be a money too if it is used as an unit for exchange or make it valuable.
No, it cant. Payment mean must operate with something that is hard (or impossible) to obtain another way than receiving payment. You can't get as much Bitcoins, gold, silver or secured bank notes as you want with practically no effort. With soil, you can. Well, actually, I think it all depends on "local" supply and demand. Some places a pair of old jeans is worth hundreds of dollars on one side of a fence but that same pair of old jeans can be found in a charity box on the other side of that fence. I've seen many things act as currency in different micro-economies around the world, cigarettes, noodles, soaps, shells, beetles, dung....yes, even chickens and cows! Think about it....location is important when measuring value: In Latin America, way back in the day, gold was abundant until the Spaniards came and carried it away. |
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nejibens
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January 27, 2016, 03:15:09 PM |
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Yes Bitcoin is real money to me because i can use it to make deals and trades easily just like fiat and other currencies
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Pollak
Full Member
Offline
Activity: 182
Merit: 100
Pollak
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January 27, 2016, 03:53:05 PM |
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Ofcourse Bitcoin is real money to me. I can pay with it I can buy something with it.
So why it is no real money to me. Ofcourse its not cash. But you can exchange it in cash later.
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eeaweeaws
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January 27, 2016, 04:28:32 PM |
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Ofcourse Bitcoin is real money to me. I can pay with it I can buy something with it.
So why it is no real money to me. Ofcourse its not cash. But you can exchange it in cash later.
yes i agree. bitcoin is real money to me because bitcoin is online digital currency but i can change anywhere ,anytime ,any currency for me own currency change. |
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akosimakulit
Member
Offline
Activity: 98
Merit: 10
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January 27, 2016, 05:03:51 PM |
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When I'm started reading on bitcoin I've learned more and used it.For me it's a real currency.
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Kevin77
Legendary
Offline
Activity: 1652
Merit: 1057
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January 27, 2016, 07:50:11 PM |
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Ofcourse Bitcoin is real money to me. I can pay with it I can buy something with it.
So why it is no real money to me. Ofcourse its not cash. But you can exchange it in cash later.
Now bitcoins has become proper currecy because it is using worldwide. It is real cash for me because I am doing my all transactions in BTC. Many people using it daily for their transactions. BTC already taken the place of real money in day to day life and helps to make online payments more easier. |
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commandrix
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January 27, 2016, 07:53:24 PM |
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I see Bitcoin as "real money" in the sense that it is not difficult for me to buy gift cards with it, and then use those gift cards to buy stuff like I normally would. Plus I can send and receive transactions with someone anywhere on Earth at the other end. That's something you can't do with Paypal, BTW -- it still doesn't operate in a lot of countries.
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