zander09
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August 17, 2017, 06:34:10 AM |
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Well it was born to be money! So, it's gonna be money for sure.!
Yeah bitcoin is money, because you can pill bills through bitcoin, you can load your sim, you can cash out money in remittance, of course bitcoin is money. Money in technology that can be a real money in real life. |
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Schuyler
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August 17, 2017, 06:56:43 AM |
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Well it was born to be money! So, it's gonna be money for sure.!
Yeah bitcoin is money, because you can pill bills through bitcoin, you can load your sim, you can cash out money in remittance, of course bitcoin is money. Money in technology that can be a real money in real life. Definitely. Even i do not touch it physically but for me it is still money . Many people consider bitcoin as a form of money,tresure it because it helps a lot. We pay bills online, pay for purchases via credit card and receive direct deposits to our bank accounts all digitally. These transactions are all encrypted using the same coding techniques as Bitcoin. |
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Metalord
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August 17, 2017, 06:57:43 AM |
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Virtual money. BTC
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DoublerHunter
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August 17, 2017, 09:47:17 AM |
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have to agree on this. bitcoin is money. future money.  Yeah, it could possibly the future money because it is very advanced and there is a lot of people that using and planning to invest in bitcoin so in the next year we can see store or even malls that will start to accept bitcoin also because they needed to do that so they can adjust and attract new customers from the community of bitcoin. |
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E-shipper
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August 17, 2017, 09:53:07 AM |
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Bitcoin is a new kind of money, or it will be even more correct to say this is the kind of investment with which you can make purchases or pay bills. This is the future of electronic currencies.
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nexus99
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August 17, 2017, 10:03:53 AM |
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This is a pretty interesting article on the topic http://www.huffingtonpost.com/max-keiser/is-bitcoin-money_b_2849031.html"According to Aristotle, for something to be considered money, is has to fulfill four characteristics: 1) It must be durable. It can’t fade, corrode. 2) It must be portable. It has to be ‘dense’ so that you can take it with you when you travel to the market. 3) It must be divisible or, ‘fungible.’ This means that if you break it up into smaller pieces each smaller piece when you add them up will equal the value of the original piece. 4) It must have intrinsic value. This means it must have value whether or not it’s used as money per se". According to all of the above, Bitcoin is indeed money. But I have a gut feeling that there is still more to it than that. Money should be acknowledged on a governmental level too, Btc doesn't fulfill this |
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Cazkys
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August 17, 2017, 05:21:59 PM |
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Why make it so complicated? It’s money for some, it’s currency for others, and it’s something else for the rest. Let’s try not to overthink it so much. Bitcoin is what we make of it. If you use Bitcoin as money, then its money. If it’s something you see as an asset, then it’s an asset. If it’s just something with no intrinsic value but with exchange value then it’s just something with no intrinsic value but with exchange value. Bitcoin has grown bigger and has expanded and is now being used by different with different purposes. Bitcoin is what we make of it.
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douglock
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August 19, 2017, 01:03:33 AM |
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Why make it so complicated? It’s money for some, it’s currency for others, and it’s something else for the rest. Let’s try not to overthink it so much. Bitcoin is what we make of it. If you use Bitcoin as money, then its money. If it’s something you see as an asset, then it’s an asset. If it’s just something with no intrinsic value but with exchange value then it’s just something with no intrinsic value but with exchange value. Bitcoin has grown bigger and has expanded and is now being used by different with different purposes. Bitcoin is what we make of it.
I agree with you. Why do we need to spend so much time to think what bitcoin is and how it can be money. Instead of that, we can make bitcoin even greater than money. It depends on how we think bitcoin is and what purposes you use bitcoin for. For me, bitcoin is not just a kind of money but also a place to invest your money and the future of our technology |
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Glorypaasa
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August 19, 2017, 01:11:13 AM |
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Yup i think bitcoin is money or simply means sideline or work? becuase bitcoin will give us a opportunity to have a money to buy any stuff or to pay the bills . but im a newbie so idont get any money from bitcoin but for now im just earn a bitcoin for my future .  |
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hitlab
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August 19, 2017, 02:27:39 AM |
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Money is basically the network effect of trust that makes something the medium of exchange. If you have bitcoins now, you are confident that you can buy something useful with bitcoins in the future. This makes bitcoin money. You can buy a wide range of goods and services with bitcoin currently. It is not yet a widely used currency but it still fits the definition of money.
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Sifat33
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Merit: 250
Honesty is the best policy
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August 19, 2017, 02:49:40 AM |
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Yes Bitcoin is money for me.Bitcoin is a online money.Bitcoin is very useful for me.There are many online shop accept Bitcoin for payment.If you invest bitcoin you can get more interest.Bitcoin is a very good way for earning.Bitcoin is very important for me.
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nrvasquez
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August 19, 2017, 02:53:57 AM |
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Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
yes. I thought so. Because they have the same transaction system. And this bitcoin difference is faster and transparent because it uses blcokchain technology. |
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Sniper150
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August 19, 2017, 03:01:03 AM |
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Yes, bitcoin is money, it is another type of cryptocurrency that we could also exchange in a real money or fiat. Bitcoin is something like gold, it could also be mine. Bitcoin is decentralized currency unlike fiat we couldn't hold it by our hand. Bitcoin is money because I've already earn bitcoin here int this forum by joining in signature campaign, then I would rather trade this bitcoin or wait for a while.
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OrangeII
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August 19, 2017, 03:02:13 AM |
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Yes Bitcoin is money for me.Bitcoin is a online money.Bitcoin is very useful for me.There are many online shop accept Bitcoin for payment.If you invest bitcoin you can get more interest.Bitcoin is a very good way for earning.Bitcoin is very important for me.
Not just for you, but we all also think that bitcoin is very important. Even more so that bitcoin has a high price. Well, for me bitcoin can mean money, but it can not, because it's like a trading tool, or an investment when viewed from its ever-volatile price. |
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ethereumhunter
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August 19, 2017, 11:54:24 AM |
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bitcoin is not yet become money in real life but if the government make regulations about bitcoin, then bitcoin can be new currency. bitcoin for now is for online money which we can use to buy something in internet. but there any offline store that is accepting bitcoin as payment but its not too many and only in a few places in all over the world.
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Proton2233
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August 19, 2017, 12:03:48 PM |
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bitcoin is not yet become money in real life but if the government make regulations about bitcoin, then bitcoin can be new currency. bitcoin for now is for online money which we can use to buy something in internet. but there any offline store that is accepting bitcoin as payment but its not too many and only in a few places in all over the world.
It seems to me that it is still too early to call bitcoin money. He is still only in its infancy. People kept their coins, and therefore, offers of sale of goods with bitcoins too few. The main turnover of bitcoins is on the currency markets. Maybe someday trade performance will equal, with these revolutions? |
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maokoto
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August 19, 2017, 12:05:47 PM |
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Well, at the very least, if it isn't money you can easily convert them to money. They are a very liquid asset. But it is true that not many regular people would accept them as a payment.
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xamxam
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August 19, 2017, 12:45:00 PM |
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I think so, thats the reason why i joined on the bitcoin forum sooner i can catch the moon using bitcoin. Just kidding.
as i understand on it bitcoin is a source of income that bring yourself in a good way. Just trust and be wise if you earned bitcoin
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bebejhen
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August 19, 2017, 01:00:10 PM |
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As of now, I don't think if I have enough knowledge about bitcoin but in my own opinion I think that bitcoin is not consider as money yet but it can turn into a money. It looks like it's a thing like gold or whatever some things that you need to sell before it becomes money.
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ReindeerOnMe
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August 19, 2017, 01:02:30 PM |
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Well, at the very least, if it isn't money you can easily convert them to money. They are a very liquid asset. But it is true that not many regular people would accept them as a payment.
The fact that people accept them as a payment, we can say that it is also considered as a money by most of the people. But the thing about this Digital currency is that only a few stores accept them. Even there is a lot of bitcoin users, still there small population of stores that accepts them because they are so volatile. |
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