Is Bitcoin money?

[Abdul Wasay]

Bitcoin is of course the main recipe of making money.The reason behind this is the amount we get from 1 Bitcoin is approximately 6000 us dollar which is the only way that you may take that much reward and if u buyed it in 2013 and saved your Bitcoin so that person is at least a millionaire this power to collect money is not allowed lifetime and do not know how much more price will increase in future.

[STERLING98333]

According to wikipedia it cannot be money as it does not prefer payments in all countries and also the value of bitcoin is not stable...But in my opinion bitcoin is a digital currency which has been recently started approx 10 years and it may be used as an major currency world wide in future..

[ArnoldChippy]

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

Yes bitcoin is the first digital currency, introduced though out the world, Bitcoin is in fact created as currency, specially for online purposes, but in future we can expect that bitcoin will also be use in offline shops.  In fact in modern time the use of online currency is increasing from time to time. I am sure that very soon bitcoin will be the most popular currency of the world and will be use for everything for which we are using fiat currency in present time.

[HollowIP]

Because price is rising bitcoin is fail as payment system since fees are high, I would call bitcoin as and asset and wealth storage like gold rather than money

[Lewoll]

Things that can be given to get something is trading or exchanging things for profit so money is our thing to give so we can get what we need and so as Bitcoin.
Bitcoin is money that can be used for payment for local or international, remittances, credits,  services and so on.
Yes, Bitcoin is money and it is more than a money

[MARAI NAZ]

Because price is rising bitcoin is fail as payment system since fees are high, I would call bitcoin as and asset and wealth storage like gold rather than money

According to me a lot of people see bitcoin as a money and also a reason is that they use bitcoin for a lot of works that they fulfills all their needs with the help of bitcoin and also that’s why everyone call bitcoin money. Bitcoin is like a treasure if someone use bitcoin as a money not for getting information etc.

[sana gull]

Things that can be given to get something is trading or exchanging things for profit so money is our thing to give so we can get what we need and so as Bitcoin.
Bitcoin is money that can be used for payment for local or international, remittances, credits,  services and so on.
Yes, Bitcoin is money and it is more than a money

Yeah I think bitcoin can be used as a money because not only some people but also a lot of people use bitcoin for getting profit and gaining money the simple thing is using bitcoin as a online business but we need to get the real treasure from bitcoin I mean to get a lot of real information from it and know the world business etc things.

[webdevmastery]

It depends on the perspective of a person on how he/she looks at the use of bitcoins. I am working on bounty campaigns and i take at as a sideline as the value of bitcoins is increasing consistently there is no doubt that everyone will be attracted and start to invest.

[Baggong]

Bitcoin is not money but more precisely we say commodity, we must know that money has a fixed value, fully controlled by the central bank and can be used legally, while bitcoin is decentralized and can not be controlled.

[Webberson]

Money is a currency maintained by a state or other entity which can guarantee its value.
Now what is currency?
Currency is money or other items used to facilitate transactions.
Going by these two definitions, money is a currency AND currency is money.
Putting bitcoin in this context, actually satisfies the fact that bitcoin is a form of money.

[nova 727]

Bitcoin is not a money it is used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value​😉😉😉

[Predator25]

I believe that the statement: "bitcoin is new kind of money" passes the duck test.

Bitcoins function as money (they're a unit of account, a medium of exchange, and a store of value), and if PayPal started allowing Bitcoin transactions tomorrow I'm certain they'd treat them as Just Another Currency.

If you like, call it a commodity, but I think all you'll accomplish is confusing potential users who might think they'll end up getting pork-bellies delivered to their porch if they don't get rid of their bitcoins.

Yes ofcourse bitcoin is money. It is a digital currency. And needs to access through internet and also with the help of you gadgets. You can earn here thorugh joining ina a signature campaing or by investing.

[JohnnyBrown]

Yes but its somehow different from money because traditional money is in the form of paperbills or coins.. but I believe in  our modern ages it is what we called the new generation of money that is ccepted around the world.

[Ayaancool]

I am agreeing with this argument, bitcoin can't be treated as a money. For a money it should have a constant and stable value.Bitcoin is a crypto currency. Which its value has been fluctuation in every moment of time. Wikipedia is needed to change their definition of money.

[logicgate]

I believe that the statement: "bitcoin is new kind of money" passes the duck test.

Bitcoins function as money (they're a unit of account, a medium of exchange, and a store of value), and if PayPal started allowing Bitcoin transactions tomorrow I'm certain they'd treat them as Just Another Currency.

If you like, call it a commodity, but I think all you'll accomplish is confusing potential users who might think they'll end up getting pork-bellies delivered to their porch if they don't get rid of their bitcoins.

Yes ofcourse bitcoin is money. It is a digital currency. And needs to access through internet and also with the help of you gadgets. You can earn here thorugh joining ina a signature campaing or by investing.

Yes bitcoin is basically the modern form of money and nowadays it can be used also as investment and more of it bitcoin can be so beneficial it give you eases to earn a lot while sitting at home and one can easily shop from every popular online store in world and in first world countries shops are accepting it as payment and this gives benefits in both ways it has dual nature and promising quality that gives profit.

[tom101]

I agree bitcoin has lots of use nowadays, as long as bitcoin is accepted and being used by many people I consider it as money. 

[Bustart]

Bitcoin is not a money it is used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value​😉😉😉

I'm sorry mate but I am not agree of your thoughts that bitcoin is not a money. Correct me if I'm wrong but I say bitcoin is money in such a way that people used it as payment for sold or being bought goods or products. Speaking of money, well this is of course not in fiat a form but this is just a digitized money  which being used by people specially the businessman or an investors as an exchanged for any transactions they made.

[bitbob82]

Yes but its somehow different from money because traditional money is in the form of paperbills or coins.. but I believe in  our modern ages it is what we called the new generation of money that is ccepted around the world.

Bitcoin is money and in fact the only difference is that bitcoin is online money while fiat can online be use as for offline purposes, we can also expect that in future bitcoin will also be use in our local shops also. But it is depending on the number of bitcoin users, if the number of bitcoin users will increase then it will take comparatively low time. Because shopkeeper also need to have good knowledge about bitcoin so that they can also understand the importance of bitcoin.

[faycel96]

I agree bitcoin has lots of use nowadays, as long as bitcoin is accepted and being used by many people I consider it as money. 

yes of course Bitcoin is real money for the Internet . People can buy and sell anything with Bitcoin . People buy coffee with Bitcoin at local shops. Others get paid in Bitcoin and use it to shop online.

[rainbow169]

To use bitcoin as money it needs to be widely accepted by merchant, the current entry barriers and high fee is preventing it from being a day to day clearing currency. It's more like gold, it has perceived value and could be used as a value storage.