Bitcoin Forum
November 25, 2017, 11:57:30 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 [104] 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 »
  Print  
Author Topic: Is Bitcoin money?  (Read 101283 times)
YayProto
Jr. Member
*
Offline Offline

Activity: 42


View Profile
November 04, 2017, 12:45:33 PM
 #2061

It's not money. It's something in what millions is believe.
1511611050
Hero Member
*
Offline Offline

Posts: 1511611050

View Profile Personal Message (Offline)

Ignore
1511611050
Reply with quote  #2

1511611050
Report to moderator
1511611050
Hero Member
*
Offline Offline

Posts: 1511611050

View Profile Personal Message (Offline)

Ignore
1511611050
Reply with quote  #2

1511611050
Report to moderator
Join ICO Now Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511611050
Hero Member
*
Offline Offline

Posts: 1511611050

View Profile Personal Message (Offline)

Ignore
1511611050
Reply with quote  #2

1511611050
Report to moderator
1511611050
Hero Member
*
Offline Offline

Posts: 1511611050

View Profile Personal Message (Offline)

Ignore
1511611050
Reply with quote  #2

1511611050
Report to moderator
1511611050
Hero Member
*
Offline Offline

Posts: 1511611050

View Profile Personal Message (Offline)

Ignore
1511611050
Reply with quote  #2

1511611050
Report to moderator
tengek37
Full Member
***
Offline Offline

Activity: 182


Crypterium - Digital Mobile Cryptobank For Everyon


View Profile
November 04, 2017, 12:56:36 PM
 #2062

Review of its function as a medium of exchange.
I think Bitcoin can be interpreted as money.
 Smiley

zhopas
Member
**
Offline Offline

Activity: 84


View Profile
November 04, 2017, 01:18:59 PM
 #2063

    Bitcoin is something radically new. Nothing like Bitcoin has been possible until now. I would go so far as to consider it sui generis; "in its own class".  This makes it important to understand what Bitcoin actually is before we try to describe it to others.

    We're getting a good handle on the code, and of course on Bitcoin's function and utility, but what words should we use to describe Bitcoin itself? There has been some debate in other threads [mostly my doing] over how it is like/not like money, cash, dollars, etc. I'd like to start this thread by focusing on the term "money", and play Devil's avocate by asking for your best arguments that Bitcoin IS money.

    My legal dictionary states "In usual and ordinary acceptation it [money] means gold, silver, or paper money, used as circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate." [cites omitted]

    Wikipedia says "Money is any object that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally, a standard of deferred payment." [cited omitted]

    Webster's Online Dictionary defines money as:
    • 1. The most common medium of exchange; functions as legal tender; "we tried to collect the money he owed us".
    • 2. Wealth reckoned in terms of money; "all his money is in real estate".
    • 3. The official currency issued by a government or national bank; "he changed his money into francs".
    • 4. A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by the sovereign authority as a medium of exchange in financial transactions between citizens and with government; also, any number of such pieces; coin.
    • 5. Any written or stamped promise, certificate, or order, as a government note, a bank note, a certificate of deposit, etc., which is payable in standard coined money and is lawfully current in lieu of it; in a comprehensive sense, any currency usually and lawfully employed in buying and selling.
    • 6. In general, wealth; property; as, he has much money in land, or in stocks; to make, or lose, money.
    [links omitted]
    [/list]

    I maintain that per these definitions, Bitcoin cannot possibly be described as "money". And further, I think that those who do describe Bitcoin as "money" are doing this community a disservice.

    But that is just my point of view. Are there any that can convincingly argue otherwise, that Bitcoin IS money?






    For me, bitcoin is a kind of money because it is where we can use to buy things. Bitcoin can help each of people to earn. Bitcoin is a new kind of money where they can called virtual currency or crypto currency.

    [ cashaa ]  Blockchain FX Payments Platform
    ▬▬▬▬▬▬▬ CAS Token Sale November 6th ▬▬▬▬▬▬▬
    RavenHood
    Member
    **
    Offline Offline

    Activity: 98


    View Profile
    November 04, 2017, 02:15:49 PM
     #2064

    In the currency world, bitcoin is money or in the online world, bitcoin is also considered as money.  Because you can buy the things that you want and need by bitcoin, if the online markets accept bitcoin as a payment. Now many companies are accepting bitcoin and exchanging your bitcoin into real money.

    Crafts12
    Member
    **
    Offline Offline

    Activity: 112

    World's First Reverse Merchant Processor


    View Profile
    November 04, 2017, 02:20:40 PM
     #2065

    Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.

    Yes. It doesn't matter what nation-states think bitcoin is.

    All we're doing is saying bitcoin as something else other than its economic reality.
    Yes bitcoin is money because it is a virtual currency and currency means money. It can also be used now in buying things that you want but only for those shop who accept bitcoin as a payment. I consider bitcoin as a money because I can convert it into fiat whenever I want so that I can easily used it. It was serves as a medium of exchange and it has a value like what we have in our fiat currency but for now bitcoin was just in the virtual world.

    Sidas_Crew669
    Sr. Member
    ****
    Offline Offline

    Activity: 420


    Spectiv VR Crowdsale: 12/08/17


    View Profile
    November 04, 2017, 02:38:59 PM
     #2066

    bitcoin is not money but asset like gold. not worth if use bitcoin for buy a things.
    buy bitcoin invest bitcoin why buy money for money if bitcoin is money?
    But gold is money as well, maybe people do not use it like that anymore but that is not important gold was used as money for a lot longer than any fiat currency and if people do not adopt bitcoin then it is very likely that gold makes a huge comeback when the fiat system collapses.
    Gold is not money, it is an asset and you can convert it to money. Money is FIAT, Gold has value but you can not call it is money. Money can use to payment but we can not use Gold to that. Therefore, you need to know the difference between FIAT and asset.
    yes gold is an asset that is now starting to decline demand because of the bitcoin
    and gold must be exchanged with money first so it can be used in terms of purchase transactions
    I agree with you gold is an asset but bitcoin is money too and i think this is more money to us that in real life money because some people almost made this their daily job and are earning a lot from it.

    exactly once, if you already understand and understand about the bitcoin main step then is to be done is an investment. For if you could do a good investment with great returns then you can get in a long time. But keep in mind before doing the analysis then you should also know and understand about the disadvantages and the advantages that you can get, but one thing you must do is to always update or analysis about the growth of the bitcoin.
     


                  ▄▄████████████▄▄             
              ▄███▀▀▀░░░░░░░░░░▀▀▀███▄▄        
           ▄██▀▀░░░░░░░░░░░░░░░░░░░░░▀██▄      
         ▄██▀░░░░░░░░░░░░░░░░░░░░░░░░░░▀███    
       ▄██▀░░░░░░░░░░░░░░░▄▄▄▄▄█████████████▄  
      ▄██░░░░░░░░░░░▄▄█████████░░░░░░░░░░░░▀█▌ 
     ▐██░░░░░░░░▄█████▀▀▀▀▀▀▀▀▀████▄░░░░░░░░▀█▌
    ▐██░░░░░░▄███▀▀███████████████▀▀██▄░░░░░░██▌
    ████▄░░▄██▀███████▄██████▄████████▀██▄░░░▐██
    ██░▀████▀██████████████████████████████▄░░██
    ██░░░▀██▄█████████████████████████▄██▀▀██▄██
    ██▌░░░░▀███▄████████▀▀▀▀███████▄██▀░░░░░▀███
    ▐██░░░░░░░▀███▄▄███████████▄▄██▀▀░░░░░░░░██▌
     ▐██░░░░░░░░░░▀▀████████████▀░░░░░░░░░░░▄█▌
      ▀██▄▄▄▄▄▄▄▄▄████████▀▀▀░░░░░░░░░░░░░░▄█▌ 
       ▀███▀▀▀▀▀▀░░░░░░░░░░░░░░░░░░░░░░░░▄██▀  
         ▀██▄░░░░░░░░░░░░░░░░░░░░░░░░░░▄██▀    
           ▀███▄░░░░░░░░░░░░░░░░░░░░▄▄██▀      
              ▀████▄▄░░░░░░░░░░▄▄▄███▀         
                  ▀▀▀██████████▀▀▀             

        
                             [ Website ]                    
        
    AndriyPilipyak
    Member
    **
    Offline Offline

    Activity: 84


    View Profile
    November 04, 2017, 02:40:18 PM
     #2067

    its better-bcc is digital asset)
    rommil
    Jr. Member
    *
    Offline Offline

    Activity: 50


    View Profile
    November 04, 2017, 02:59:14 PM
     #2068

    I don't think that bitcoin is real money. It worth a lot and have some different structure inside of it. We dont name platinum as money, right?
    rube08
    Full Member
    ***
    Offline Offline

    Activity: 182



    View Profile
    November 04, 2017, 03:06:50 PM
     #2069

    Bitcoin is a digital asset as of right now with speculation that it would eventually be used in everyday transactions in exchange for goods and services.  Just think if bitcoin eventually replaces fiat cash with only 21 million in circulation, just think what the value of 1 bitcoin could be!

    Lukas Tarantas
    Jr. Member
    *
    Offline Offline

    Activity: 42


    View Profile
    November 04, 2017, 03:21:07 PM
     #2070

    I think next year most countries will make bitkoyn a full-fledged means of payment.
    fishbonez11
    Full Member
    ***
    Offline Offline

    Activity: 126


    View Profile
    November 04, 2017, 03:32:34 PM
     #2071

      Webster's Online Dictionary defines money as:
      • 1. The most common medium of exchange; functions as legal tender; "we tried to collect the money he owed us".
      • 2. Wealth reckoned in terms of money; "all his money is in real estate".
      • 3. The official currency issued by a government or national bank; "he changed his money into francs".
      • 4. A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by the sovereign authority as a medium of exchange in financial transactions between citizens and with government; also, any number of such pieces; coin.
      • 5. Any written or stamped promise, certificate, or order, as a government note, a bank note, a certificate of deposit, etc., which is payable in standard coined money and is lawfully current in lieu of it; in a comprehensive sense, any currency usually and lawfully employed in buying and selling.
      • 6. In general, wealth; property; as, he has much money in land, or in stocks; to make, or lose, money.
      [links omitted]
      [/list]


      I think bitcoin will pass as money with Webster's first definition. Though it is not "most common" yet, it functions as a medium of exchamge already. Maybe it can also pass the second and sixth definition of bitcoin as wealth. You can call bitcoin as a commodity if you like, because I don't actually understand the reason for all of this play of words for bitcoin. I suggest if we can all use the definition of bitcoin itself for uniformity? Here is what Wikipedia says about it:

      Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator.
      Tasleem Raza
      Newbie
      *
      Offline Offline

      Activity: 6


      View Profile
      November 04, 2017, 04:03:42 PM
       #2072

      Yes, It is a kind of money because we can buy product and we can exchange from other currencies.
      It is not like banknotes but it is a worldwide digital currency.
      daarul50
      Hero Member
      *****
      Offline Offline

      Activity: 714


      ★Bitvest.io★ Play Plinko or Invest!


      View Profile WWW
      November 05, 2017, 07:03:28 PM
       #2073

      Bitcoin is a digital asset as of right now with speculation that it would eventually be used in everyday transactions in exchange for goods and services.  Just think if bitcoin eventually replaces fiat cash with only 21 million in circulation, just think what the value of 1 bitcoin could be!
      I agree if bitcoin is said to be a digital asset, why? because there are still many countries that have not acknowledged its existence so bitcoin be an asset that if collected and later all the countries admit it then we who have collected bitcoin from now only just enjoy it.



      .
      .BITVEST DICE.
      HAS BEEN RELEASED!


      ▄████████████████████▄
      ██████████████████████
      ██████████▀▀██████████
      █████████░░░░█████████
      ██████████▄▄██████████
      ███████▀▀████▀▀███████
      ██████░░░░██░░░░██████
      ███████▄▄████▄▄███████
      ████▀▀████▀▀████▀▀████
      ███░░░░██░░░░██░░░░███
      ████▄▄████▄▄████▄▄████
      ██████████████████████

      ▀████████████████████▀
      ▄████████████████████▄
      ██████████████████████
      █████▀▀█▀▀▀▀▀▀██▀▀████
      █████░░░░░░░░░░░░░████
      █████░░░░░░░░░░░░▄████
      █████░░▄███▄░░░░██████
      █████▄▄███▀░░░░▄██████
      █████████░░░░░░███████
      ████████░░░░░░░███████
      ███████░░░░░░░░███████
      ███████▄▄▄▄▄▄▄▄███████

      ██████████████████████
      ▀████████████████████▀
      ▄████████████████████▄
      ███████████████▀▀▀▀▀▀▀
      ███████████▀▀▄▄█░░░░░█
      █████████▀░░█████░░░░█
      ███████▀░░░░░████▀░░░▀
      ██████░░░░░░░░▀▄▄█████
      █████░▄░░░░░▄██████▀▀█
      ████░████▄░███████░░░░
      ███░█████░█████████░░█
      ███░░░▀█░██████████░░█
      ███░░░░░░████▀▀██▀░░░░
      ███░░░░░░███░░░░░░░░░░

      ██░▄▄▄▄░████▄▄██▄░░░░
      ████████████▀▀▀▀▀▀▀██
      █████████████░█▀▀▀█░███
      ██████████▀▀░█▀░░░▀█░▀▀
      ███████▀░▄▄█░█░░░░░█░█▄
      ████▀░▄▄████░▀█░░░█▀░██
      ███░▄████▀▀░▄░▀█░█▀░▄░▀
      █▀░███▀▀▀░░███░▀█▀░███░
      ▀░███▀░░░░░████▄░▄████░
      ░███▀░░░░░░░█████████░░
      ░███░░░░░░░░░███████░░░
      ███▀░██░░░░░░▀░▄▄▄░▀░░░
      ███░██████▄▄░▄█████▄░▄▄

      ██░████████░███████░█
      ▄████████████████████▄
      ████████▀▀░░░▀▀███████
      ███▀▀░░░░░▄▄▄░░░░▀▀▀██
      ██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
      ██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
      ██░▀▀░░░░░░█░░░░░██░██
      ██░░░▄▄░░░░█░██░░░░░██
      ██░░░▀▀░░░░█░░░░░░░░██
      ██░░░░░▄▄░░█░░░░░██░██
      ██▄░░░░▀▀░░█░██░░░░░██
      █████▄▄░░░░█░░░░▄▄████
      █████████▄▄█▄▄████████

      ▀████████████████████▀




      Rainbot
      Daily Quests
      Faucet
      dancingnancy
      Hero Member
      *****
      Offline Offline

      Activity: 594



      View Profile
      November 05, 2017, 07:13:46 PM
       #2074

      For me bitcoin is a kind of
      money because we can use
      it as a payment in the internet.
      Bitcoin is a online digital currency.

      I do think and believe that bitcoin is a real money because we can transact with it anytime, anywhere as long as we are transacting with the people who are accepting bitcoins. And I've been using it already for paying my internet bills all of the sudden and I really liked it a lot. Because of bitcoin, my life is now easier.
      Bitcoin can be considered as a valid currency once it's accepted almost everywhere if the demand for it is high then it will automatically become a common method of payment among traders and buyers. The above points are only in terms of digital transactions not in terms of real medium of exchange.



                                               ▄
                       ▄▄████████▄▄         ▄▄██
       ▄▄           ▄██▀▀        ▀▀██▄    ▄███▀
       ▀███▄▄     ▄█▀                ▀█▄▄█████▀
        ▀██████▄▄█▀                ▄▄███████▀
         ▐█████████▄           ▄▄███████████
           ▀█████████▄▄      ▄█████████████
             ▀██████████    ███████████████
              ▐▀█████████  █████████████▀ ▐▌
              ▐▌ ▀▀██████ ▐███████████▀   ▐▌
              ▐▌      ▀██ ▐█████████▀     ▐▌
               █        ▀  ██████         █
               ▐█          ▐█████▄       █▌
                ▀█▄         ▀██████▄   ▄█▀
                  ▀█▄         ▀█████▌▄█▀
                    ▀██▄▄       ▀▄▄██▀
                      ▀▀████████▀▀
      T
      ....ANGEL TOKEN....


                                               ▄
                       ▄▄████████▄▄         ▄▄██
       ▄▄           ▄██▀▀        ▀▀██▄    ▄█▀█▀ 
       ▀█▀█▄▄     ▄█▀                ▀█▄▄█  ▄█▀ 
        ▀█  ▀▀█▄▄█▀                ▄▄██░   █▀   
         ▐▄▄  ░░░▀█▄           ▄▄█▀▀░░░   ▄█     
           ▀█▄ ░░░▒▒█▄▄      ▄██▒▒▒▒▒░    █     
             ▀▄▄ ░░▒▒▒▓█    ██▒▒▒▒▒▒░   ▄▄█     
              ▐▀█▄░░▒▒▓██  █▓▒▒▒▒▒▒░  ▄█▀ ▐▌     
              ▐▌ ▀▀█▒▓███░▐█▓▒▒▒▒░░ ▄█▀   ▐▌     
              ▐▌      ▀██ ▐█▓▓▒▒▄▄▄█▀     ▐▌     
               █        ▀  █▓█▀▀█         █     
               ▐█          ▐▄▓░ █▄       █▌     
                ▀█▄         ▀█▒░ ▀█▄   ▄█▀       
                  ▀█▄         ▀█▄▄▄█▌▄█▀         
                    ▀██▄▄       ▀▄▄██▀           
                       ▀▀████████▀▀             

      buyinbtc
      Hero Member
      *****
      Offline Offline

      Activity: 784


      ★Bitvest.io★ Play Plinko or Invest!


      View Profile
      November 05, 2017, 07:17:56 PM
       #2075

      It's not money. It's something in what millions is believe.

      What is it then if it's not money? I mean technically maybe it is not money, but it can be used as money. At least it is easier to teach newbies about bitcoin, they can easilly understand what money is.



      .
      .BITVEST DICE.
      HAS BEEN RELEASED!


      ▄████████████████████▄
      ██████████████████████
      ██████████▀▀██████████
      █████████░░░░█████████
      ██████████▄▄██████████
      ███████▀▀████▀▀███████
      ██████░░░░██░░░░██████
      ███████▄▄████▄▄███████
      ████▀▀████▀▀████▀▀████
      ███░░░░██░░░░██░░░░███
      ████▄▄████▄▄████▄▄████
      ██████████████████████

      ▀████████████████████▀
      ▄████████████████████▄
      ██████████████████████
      █████▀▀█▀▀▀▀▀▀██▀▀████
      █████░░░░░░░░░░░░░████
      █████░░░░░░░░░░░░▄████
      █████░░▄███▄░░░░██████
      █████▄▄███▀░░░░▄██████
      █████████░░░░░░███████
      ████████░░░░░░░███████
      ███████░░░░░░░░███████
      ███████▄▄▄▄▄▄▄▄███████

      ██████████████████████
      ▀████████████████████▀
      ▄████████████████████▄
      ███████████████▀▀▀▀▀▀▀
      ███████████▀▀▄▄█░░░░░█
      █████████▀░░█████░░░░█
      ███████▀░░░░░████▀░░░▀
      ██████░░░░░░░░▀▄▄█████
      █████░▄░░░░░▄██████▀▀█
      ████░████▄░███████░░░░
      ███░█████░█████████░░█
      ███░░░▀█░██████████░░█
      ███░░░░░░████▀▀██▀░░░░
      ███░░░░░░███░░░░░░░░░░

      ██░▄▄▄▄░████▄▄██▄░░░░
      ████████████▀▀▀▀▀▀▀██
      █████████████░█▀▀▀█░███
      ██████████▀▀░█▀░░░▀█░▀▀
      ███████▀░▄▄█░█░░░░░█░█▄
      ████▀░▄▄████░▀█░░░█▀░██
      ███░▄████▀▀░▄░▀█░█▀░▄░▀
      █▀░███▀▀▀░░███░▀█▀░███░
      ▀░███▀░░░░░████▄░▄████░
      ░███▀░░░░░░░█████████░░
      ░███░░░░░░░░░███████░░░
      ███▀░██░░░░░░▀░▄▄▄░▀░░░
      ███░██████▄▄░▄█████▄░▄▄

      ██░████████░███████░█
      ▄████████████████████▄
      ████████▀▀░░░▀▀███████
      ███▀▀░░░░░▄▄▄░░░░▀▀▀██
      ██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
      ██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
      ██░▀▀░░░░░░█░░░░░██░██
      ██░░░▄▄░░░░█░██░░░░░██
      ██░░░▀▀░░░░█░░░░░░░░██
      ██░░░░░▄▄░░█░░░░░██░██
      ██▄░░░░▀▀░░█░██░░░░░██
      █████▄▄░░░░█░░░░▄▄████
      █████████▄▄█▄▄████████

      ▀████████████████████▀




      Rainbot
      Daily Quests
      Faucet
      joebrook
      Sr. Member
      ****
      Offline Offline

      Activity: 308


      ★Bitvest.io★ Play Plinko or Invest!


      View Profile
      November 05, 2017, 07:23:16 PM
       #2076

      Review of its function as a medium of exchange.
      I think Bitcoin can be interpreted as money.
       Smiley
      As long as bitcoins can be used to make purchases of products and services online, I will consider it as money as well, Bitcoin is also an investment asset because it's value is always rising making those who hold them richer just like gold.



      BITVEST DICE
      HAS BEEN RELEASED!


      ▄████████████████████▄
      ██████████████████████
      ██████████▀▀██████████
      █████████░░░░█████████
      ██████████▄▄██████████
      ███████▀▀████▀▀███████
      ██████░░░░██░░░░██████
      ███████▄▄████▄▄███████
      ████▀▀████▀▀████▀▀████
      ███░░░░██░░░░██░░░░███
      ████▄▄████▄▄████▄▄████
      ██████████████████████
      ▀████████████████████▀
      ▄████████████████████▄
      ██████████████████████
      █████▀▀█▀▀▀▀▀▀██▀▀████
      █████░░░░░░░░░░░░░▄███
      █████░░░░░░░░░░░░▄████
      █████░░▄███▄░░░░██████
      █████▄▄███▀░░░░▄██████
      █████████░░░░░░███████
      ████████░░░░░░░███████
      ███████░░░░░░░░███████
      ███████▄▄▄▄▄▄▄▄███████
      ██████████████████████
      ▀████████████████████▀
      ▄████████████████████▄
      ███████████████▀▀▀▀▀▀▀
      ███████████▀▀▄▄█░░░░░█
      █████████▀░░█████░░░░█
      ███████▀░░░░░████▀░░░▀
      ██████░░░░░░░░▀▄▄█████
      █████░▄░░░░░▄██████▀▀█
      ████░████▄░███████░░░░
      ███░█████░█████████░░█
      ███░░░▀█░██████████░░█
      ███░░░░░░████▀▀██▀░░░░
      ███░░░░░░███░░░░░░░░░░
      ▀██░▄▄▄▄░████▄▄██▄░░░░
      ▄████████████▀▀▀▀▀▀▀██▄
      █████████████░█▀▀▀█░███
      ██████████▀▀░█▀░░░▀█░▀▀
      ███████▀░▄▄█░█░░░░░█░█▄
      ████▀░▄▄████░▀█░░░█▀░██
      ███░▄████▀▀░▄░▀█░█▀░▄░▀
      █▀░███▀▀▀░░███░▀█▀░███░
      ▀░███▀░░░░░████▄░▄████░
      ░███▀░░░░░░░█████████░░
      ░███░░░░░░░░░███████░░░
      ███▀░██░░░░░░▀░▄▄▄░▀░░░
      ███░██████▄▄░▄█████▄░▄▄
      ▀██░████████░███████░█▀
      ▄████████████████████▄
      ████████▀▀░░░▀▀███████
      ███▀▀░░░░░▄▄▄░░░░▀▀▀██
      ██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
      ██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
      ██░▀▀░░░░░░█░░░░░██░██
      ██░░░▄▄░░░░█░██░░░░░██
      ██░░░▀▀░░░░█░░░░░░░░██
      ██░░░░░▄▄░░█░░░░░██░██
      ██▄░░░░▀▀░░█░██░░░░░██
      █████▄▄░░░░█░░░░▄▄████
      █████████▄▄█▄▄████████
      ▀████████████████████▀




      Rainbot
      Daily Quests
      Faucet
      luigidosado
      Member
      **
      Offline Offline

      Activity: 70


      View Profile
      November 06, 2017, 02:09:06 PM
       #2077

      I don't consider bitcoin as a money, but a form of currency. Though it can be used as a medium for exchange, it does not fit the definition for money. It does not have exact value where in it depends on the situation of the market. But bitcoin can be exchanged for money.

      netflixnchill
      Jr. Member
      *
      Offline Offline

      Activity: 30


      View Profile
      November 06, 2017, 02:15:57 PM
       #2078

      We can say that Bitcoin is not money, that we exchange bitcoin of cash, but we all know that bitcoin functions like money does.
      Bitcoin is a used for purchasing and buying stuff like what money does.
      Eroanwan
      Member
      **
      Offline Offline

      Activity: 90


      View Profile
      November 06, 2017, 02:18:02 PM
       #2079

      Bitcoin is worth more than money so i think that bitcoin is better but you can't really buy anything with bitcoin so i think that it is better to make bitcoin and then convert it into usd to buy anything you want.
      zikabra
      Full Member
      ***
      Offline Offline

      Activity: 196


      Crypterium - Digital Mobile Cryptobank For Everyo


      View Profile
      November 06, 2017, 02:22:46 PM
       #2080

      I don't think that bitcoin is real money. It worth a lot and have some different structure inside of it. We dont name platinum as money, right?
      Wrong. It's not money only because your government told you so. If your government decide it is money then it will become money, right?
      Speaking of platinum and other metals as money, there were times when gold and silver were used as money and someone decided to use iron and paper instead.

      Pages: « 1 ... 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 [104] 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 »
        Print  
       
      Jump to:  

      Sponsored by , a Bitcoin-accepting VPN.
      Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!