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NelfiNovita
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October 23, 2017, 05:08:39 AM |
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Well depends what you consider "money". If you can buy something with it then for me its as real as printed paper.
bitcoin can also be used as an online payment tool, as well as long-term and short-term investments, much more if you want to learn more. |
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macchiato
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October 23, 2017, 05:13:38 AM |
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Bitcoin is electronic money. It can be used directly for transactions in countries who recognize bitcoin as medium of exchange. In contrary to what I said, it is still "money" even in countries which do not recognize it as one because there are existing wallets and apps that convert bitcoin into local currency. Thus, it's money after all.
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chayskie04
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October 23, 2017, 05:14:33 AM |
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Yes i rather consider bitcoin as a real money even bitcoin is not accepted by the government, it is still can be used to pay all your expenses at your home and bitcoin has been a good advantages to me because when i started to use bitcoin i have bought many things that important to me.
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Souldream
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October 23, 2017, 05:20:51 AM
Last edit: October 26, 2017, 01:45:16 PM by Souldream |
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Bitcoin is an electronic currency. I think It is a Money making Machine. we are not able to use Bitcoin in our daily purpose.
so it is not wise to say that BTC is a money. Its need to be established more and I think it is not possible that BTC will replace the place of money.
Of course bitcoin is a money , you can use bitcoin to any transaction like pay bills, exchange into currency, online payment and many more. And also Bitcoin is big help for our expenses in our daily needs , so as for me to the my friends over there,bitcoin is money and we can use that in many ways thats why it is a money. |
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Distinctin
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October 23, 2017, 05:24:41 AM |
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Yes i rather consider bitcoin as a real money even bitcoin is not accepted by the government, it is still can be used to pay all your expenses at your home and bitcoin has been a good advantages to me because when i started to use bitcoin i have bought many things that important to me.
Bitcoin is money as it has its value but it cannot be a money like real money or regulated by the government, bitcoin was created with an opposite concept of a real currency because it's decentralized and the supply is limited. When it's get more popular the value will just increase and investors like that because it means money. |
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doomistake
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October 23, 2017, 05:27:27 AM |
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There are only one particular response in this thread and 1 concern to reply the question on the title.Is bitcoins use for payment for an medium of exchange?yes is the response proper for that reason bitcoins is income just like usd and other fiat currencies about the globe.
Yes there is no doubt that it’s a digital currency and it work same like other currency you can buy things and you can also pay bills and you can exchange this with other currency so bitcoin is totally currency and you can learn a lot of things here as well you can trade here also and the good thing is bitcoin is now available almost everywhere. I'm afraid not, because not all of the store or whatever establishments out there are accepting bitcoin right now as a payment, but there are few who are accepting bitcoin, meaning that it could really happen in the near future, as of now, all we could do is to convert our bitcoin into fiat in order to buy the things that we want and need. Bitcoin is a digital currency, correct, but if you are thinking that it is an actual "money" like fiat, then you are wrong. Bitcoin and fiat do have a huge difference, bitcoin is way more advantage and has a lot of usage than fiat. Bitcoin is expensive than fiat, easy to earn, and worthy to spend your time on it. |
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GOODNESS
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October 23, 2017, 05:40:48 AM |
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Bitcoin is a digital currency which plays its role of been used for trade and investment. Money is a legal tender generally accepted for buying,selling,investment and exchange in international market. Bitcoin goes a long way in playing the characteristics of a money , where transactions are carried out and payment is made for such transactions. Whether we see it as money or not, it is playing nothing less than the role money is playing, and what ever plays the role of what a legal tender does, it also have the value that is accorded to money, so what do you address it as MONEY.
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Sidas_Crew669
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October 23, 2017, 05:45:24 AM |
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Yes Bitcoin is a form of digital money that has a really bright future ahead. It provides us fast and cheap online transactions. Demand for Bitcoin is increasing among the people and one day it will be as popular as fiat money .
Money is money, whether digital or physical, as long as you can buy things from it and it is accepted as a valid form of acceptance in exchange of things, then it is money and bitcoin of course is real money, no second thoughts on this. Basically indeed bitcoin is not the money, because it is bitcoin done into cyberspace and could not be issued. But there is one thing that makes a bitcoin can be a currency amount and interest is because most people who want to use the bitcoin as currency. So, bitcoin can be synchronised with the money because it would all be better off if everyone likes it and use it. |
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weblouartisan
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Lets Go Adab
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October 23, 2017, 06:02:09 AM |
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Yes Bitcoin is a form of digital money that has a really bright future ahead. It provides us fast and cheap online transactions. Demand for Bitcoin is increasing among the people and one day it will be as popular as fiat money .
Money is money, whether digital or physical, as long as you can buy things from it and it is accepted as a valid form of acceptance in exchange of things, then it is money and bitcoin of course is real money, no second thoughts on this. Basically indeed bitcoin is not the money, because it is bitcoin done into cyberspace and could not be issued. But there is one thing that makes a bitcoin can be a currency amount and interest is because most people who want to use the bitcoin as currency. So, bitcoin can be synchronised with the money because it would all be better off if everyone likes it and use it. Bitcoin is really a currency and it is depending on the person on how they were going to use it. Some of the investors become interested on bitcoins because of its value that is consistently increasing and it was good investment for your future. |
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quarkyplum
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October 23, 2017, 06:13:05 AM |
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There are only one particular response in this thread and 1 concern to reply the question on the title.Is bitcoins use for payment for an medium of exchange?yes is the response proper for that reason bitcoins is income just like usd and other fiat currencies about the globe.
Yes there is no doubt that it’s a digital currency and it work same like other currency you can buy things and you can also pay bills and you can exchange this with other currency so bitcoin is totally currency and you can learn a lot of things here as well you can trade here also and the good thing is bitcoin is now available almost everywhere. That's right! You must to know we can use Bitcoin to exchange anything because we can use it to exchange to FIAT. And then, from FIAT, you can buy anything, it like Gold, an asset can exchange to money. But, the interesting point of Bitcoin is you can use it for online payment. Almost transaction created in this forum are using Bitcoin to payment, as my salary from signature campaign. |
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Sskapollo7
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October 23, 2017, 06:41:47 AM |
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Indirectly yes but it is a digital type of currency /money
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saira0j
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October 23, 2017, 07:49:30 AM |
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Bitcoin is a digital asset designed by its inventor, Satoshi Nakamoto, to work as a currency. ... Economists define money as a store of value, a medium of exchange, and a unit of account and agree that bitcoin has some way to go to meet all these criteria.
Anyone who like to help us to manage our bitcointalk announcement page ??Please contact us in our telegram handle @BoonTech.
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asebaby
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October 23, 2017, 07:52:02 AM |
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Bitcion is a world worldwide cryptocurrency and digital payment system called the first decentralized digital currency,and because it is accepted by vendors and merchants as payment and also used for investment Bitcoin is been regarded as money
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DoublerHunter
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October 23, 2017, 07:54:26 AM |
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Bitcion is a world worldwide cryptocurrency and digital payment system called the first decentralized digital currency,and because it is accepted by vendors and merchants as payment and also used for investment Bitcoin is been regarded as money
Even at the first place, bitcoin is a money because people use it to transact and that is the main purpose of bitcoin is to have a decentralized currency system that will give people more affordable way to transfer money with an extra security that you cannot be traced down by the other people and you don't need to fill some personal information just to use it. |
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Jembut Ireng
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October 23, 2017, 07:56:38 AM |
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Yes right, I think bitcoin is money so worthy of being a global currency, I'm sure someday many countries will legalize bitcoin for transactions and the government immediately took taxes from bitcoin.
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Distinctin
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October 23, 2017, 10:22:48 AM |
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Yes right, I think bitcoin is money so worthy of being a global currency, I'm sure someday many countries will legalize bitcoin for transactions and the government immediately took taxes from bitcoin.
I hope they can do that, bitcoin is decentralized and if a person is smart enough they can always make ways to hide their transaction and their identity. They would easy launder money with bitcoin therefore the government has to come up with a great policy that will prevent people from using bitcoin in illegal activities. |
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Bluestreet
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October 23, 2017, 10:28:30 AM |
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Yes bitcoin is a money. Bitcoins is a digital currency called cryptocurreny. It comes in existence in 2009 via a group of Japanese under the name satoshi nakamoto. Initially people exchange it with small goods and currencies.. Later on its price started increasing. Now the prices of bitcoins are skyrocketting. Its now not only money but became an investment too. Many big names, companies and huge investment banks are taking interest in bitcoins. Bitcoins become a hot talk of the town. Not eveb a whole but even the fraction of bitcoins are valuable. It allows the user to even produce it via mining.. By mining they can generate a fraction of bitcoin. Bitcoins is a modified version of money in eradication of digitalisation.
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tyronecoinbit
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October 23, 2017, 10:30:59 AM |
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Bitcion is a world worldwide cryptocurrency and digital payment system called the first decentralized digital currency,and because it is accepted by vendors and merchants as payment and also used for investment Bitcoin is been regarded as money
As what you've said, bitcoin is being accepted by vendors and merchants so therefore bitcoin can be considered as money. Even if it is a digital currency, it can still be considered as money because we can buy stuffs or pay bills out of bitcoin. |
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Strught85
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October 24, 2017, 06:07:28 PM |
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I believe correct now bitcoins are more of an asset then cash. To me it isn't going to make a difference what type my paying energy is in wiether it truly is in gold bitcoins or sticks. I am just anxious for the worth and how considerably it will boost so I use Bitcoin as I think it has the greatest price then any other form of asset.
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DrYe5
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October 24, 2017, 06:46:04 PM |
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I believe correct now bitcoins are more of an asset then cash. To me it isn't going to make a difference what type my paying energy is in wiether it truly is in gold bitcoins or sticks. I am just anxious for the worth and how considerably it will boost so I use Bitcoin as I think it has the greatest price then any other form of asset.
Yes, bitcoin is money. Virtual money, which due to its colossal development can start a great thing. In my opinion, over the next few years, in some countries, it will be possible to partially replace the currency. I warmly support him. |
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