Bitcoin Forum
November 17, 2017, 05:56:53 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 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 »
  Print  
Author Topic: Is Bitcoin money?  (Read 98728 times)
olliepearl
Jr. Member
*
Offline Offline

Activity: 37

Any store can buy, sell, and accept Crypto


View Profile
November 14, 2017, 08:29:55 AM
 #2221

Bitcoin can consider as a digital money. It can convert to a real money. Which is we can use it to buy what we want and can sustain our daily needs. Bitcoin is so popular in online world and it has a high price in online marketing. This is our source of income that has an equivalent exchanged of money.

1510941413
Hero Member
*
Offline Offline

Posts: 1510941413

View Profile Personal Message (Offline)

Ignore
1510941413
Reply with quote  #2

1510941413
Report to moderator
A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1510941413
Hero Member
*
Offline Offline

Posts: 1510941413

View Profile Personal Message (Offline)

Ignore
1510941413
Reply with quote  #2

1510941413
Report to moderator
NightWatchHKG
Newbie
*
Offline Offline

Activity: 8


View Profile
November 14, 2017, 08:32:04 AM
 #2222

Anything can be considered "money" if it has intrinsic value!  What gives something value.... what people are willing to pay for it.. Supply and demand.
reynilynedago
Member
**
Offline Offline

Activity: 98

"Proof-of-Asset Protocol"


View Profile
November 14, 2017, 08:34:57 AM
 #2223

    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?





    Of course yes bitcoin is money we all know that this is a digital currency but if you convert it into real money  it will called money because you can use this to buy anything  .

    | World Fintech Startups | Microsoft Azure Partner | $1,5 M Raised During pre-ICO |
         BANKEX - Proof-of-Asset Protocol     
    | WHITE PAPER | BLOGSLACKTELEGRAMBITCOINTALKGITHUBTWITTERYOUTUBEFACEBOOK |☰
    amwer
    Newbie
    *
    Offline Offline

    Activity: 14


    View Profile
    November 14, 2017, 08:41:32 AM
     #2224

    Bitcoin is like money. Bitcoin is compared to the tone. All the money is made in betting. Money is available when selling bitcoin.
    rafajunior99
    Sr. Member
    ****
    Offline Offline

    Activity: 420



    View Profile
    November 14, 2017, 09:34:47 AM
     #2225

    Maybe everyone already knows that Bitcoin is a digital currency, because Bitcoin can shop online and also buy electric tokens and more. Maybe Bitcoin will one day become a world currency that makes everyone easy.

    ██
    █║█
    ║║║
    ║║║
    █║█
    ██
    'BTC MULTI-WALLET SOON'
    ▬▬▬ Download WHITEPAPER ▬▬▬

                        ▄██▄
                      ▄██████▄
                    ▄██████████
                  ▄██████████▀   ▄▄
                ▄██████████▀   ▄████▄
              ▄██████████▀    ████████▄
             ██████████▀      ▀████████
             ▀███████▀   ▄███▄  ▀████▀   ▄█▄
        ▄███▄  ▀███▀   ▄███████▄  ▀▀   ▄█████▄
      ▄███████▄      ▄██████████     ▄█████████
      █████████    ▄██████████▀    ▄██████████▀
       ▀█████▀   ▄██████████▀    ▄██████████▀
         ▀▀▀   ▄██████████▀    ▄██████████▀
              ██████████▀    ▄██████████▀
              ▀███████▀      █████████▀
                ▀███▀   ▄██▄  ▀█████▀
                      ▄██████▄  ▀▀▀
                      █████████
                       ▀█████▀
                         ▀▀▀
    e i d o o
    ██

    ███▀▀
    ▐▐▌
    ▐▌
    ▐▌
    ▐▐▌
    ███▄▄
    ▀▀███
    ▐▌▌
    ▐▌
    ▐▌
    ▐▌▌
    ▄▄███
    VasilyBelogla
    Newbie
    *
    Offline Offline

    Activity: 6


    View Profile
    November 14, 2017, 09:57:47 AM
     #2226

    Its actually online money. It is not the money you have like in banks and in your pocket. Everything with bitcoin is online so if you do not have internet you would not access them.

    It is money, but its not like our currency's because its different.
    AngeIH0neyBeer
    Newbie
    *
    Offline Offline

    Activity: 9


    View Profile
    November 14, 2017, 01:52:14 PM
     #2227

    For me personally Indeed bitcoin is cash really it's a digital forex whenever we use in many transaction that means we use it as our cash for exchange for services in order to buy things on the market where they accepting bitcoins. But we are able to also exchange bitcoin for money we know that bitcoin cost a thousand dollars and that is lots of money.
    syarifudin
    Full Member
    ***
    Offline Offline

    Activity: 174



    View Profile
    November 14, 2017, 02:18:29 PM
     #2228

    This bitcoin money is not in the form of money coins or paper,but money Bitcoin is true there is in the internet world.
    Bitcoin is the digital currency,heard the word digital certainly does not exist in the real world but we can see it and true money Bitcoin is in the digital world (internet).
    and I think this Bitcoin money will be very popular in the future because of its technology-based system and In the future rich will be many people who have technology so will many people who use Bitcoin.

    denzkilim
    Member
    **
    Offline Offline

    Activity: 70

    Return of the Spider Goat.


    View Profile
    November 14, 2017, 02:29:40 PM
     #2229

    Bitcoin is already called "money" and it is already a money, Almost all over the world bitcoin is already used as money and can be traded for cash and can be used to pay people for their tasks done like doing campaigns.  Smiley

    Chienna
    Full Member
    ***
    Offline Offline

    Activity: 126


    View Profile
    November 14, 2017, 02:36:21 PM
     #2230

      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?

      Yes it is, bitcoin is money because you can spend it. People accept things and can buy things through money. Bitcoin is one of their uses have those things so bitcoin is one of the kind of money that people can use.





      [ Globitex ] Linking Digital Currency to Global Trade
      ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ⇩⇩⇩ Download WHITEPAPER ⇩⇩⇩ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
      ▅▅▅▅▅▅▅▅▅▅▅▅  FacebookTwitterLinkedInReddit  ▅▅▅▅▅▅▅▅▅▅▅▅

      cokkapaga
      Hero Member
      *****
      Offline Offline

      Activity: 730


      "Proof-of-Asset Protocol"


      View Profile
      November 14, 2017, 02:38:12 PM
       #2231

      bitcoin like money, but this is for the cryptocurrency
      not all country accepted bitcoin for the payment, we hope someday bitcoin for the payment in the world.

      | 
       
      50
      | 




                             ▄
                 ▄▄▄▄▄▄███████
      ▄▄▄▄█████  █████████████
      █████████  █████████████
      █████████  █████████████
      █████████  █████████████
      █████████  █████████████
      █████████  █████████████

      █████████  █████████████
      █████████  █████████████
      █████████  █████████████
      █████████  █████████████
      █████████  █████████████
      ▀▀▀▀█████  █████████████
                 ▀▀▀▀▀▀███████
                             ▀
      | 
       
      $1,5 M
      |


              ▄▄▄█████████▄▄▄
            ▄█████▀▀███▀▀█████▄
          ▄███▀     ███     ▀███▄
         ████       ███       ████
        ███▀                   ▀███
       ███▀                     ▀███
      ▄██▀       █████████       ▀██▄
      ███                         ███
      ███        █████████        ███
      ███                         ███
      ▀██▄       █████████       ▄██▀
       ███▄                     ▄███
        ███▄                   ▄███
         ████       ███       ████
          ▀███▄     ███     ▄███▀
            ▀█████▄▄███▄▄█████▀
              ▀▀▀█████████▀▀▀
       
      |
       
      <>
      <>
      <>
      <>
       
      GITHUB
      TWITTER
      YOUTUBE
      FACEBOOK
      Cangkeman Wae
      Member
      **
      Offline Offline

      Activity: 62

      Spectiv VR Crowdsale: 12/08/17


      View Profile
      November 14, 2017, 03:10:11 PM
       #2232

      yes right, I think bitcoin is the same as money, what can be bought with money also can we replace with bitcoin. but bitcoin value is better than fiat because bitcoin stock can not be manipulated.

                       SpectivVR                                                Crowdsale: 12/08 - 12/29
      VR Streaming Platform & Attention Markets                  [ Website ]
      BitcoinTalk  |  Slack  |  Twitter  |  LinkedIn  |  Medium  |  Facebook  |  Instagram
      family934
      Jr. Member
      *
      Online Online

      Activity: 41


      View Profile
      November 14, 2017, 03:21:21 PM
       #2233

      yes right, I think bitcoin is the same as money, what can be bought with money also can we replace with bitcoin. but bitcoin value is better than fiat because bitcoin stock can not be manipulated.
      yes off course bitcoin is a crypto currency and it is easily converted to any other currency if you want. Bitcoin is not acceptable directly in most areas still but you can convert bitcoin to your desire currency through some local exchanges and can used easily and also it is more possible that in future bitcoin will start accepted in various shops and hotels etc.

      Imperalta09
      Jr. Member
      *
      Offline Offline

      Activity: 54


      View Profile
      November 14, 2017, 03:35:13 PM
       #2234

      I do not consider gold to be money.  You can't go and buy most goods and services with gold.  Gold is a commodity, dollars are money.

      Bitcoin is a virtual currency.  It has more in common with paypal than it does with dollars or with gold.  I wouldn't really call it money until it is more widely accepted as payment for goods and services.

      I agree, 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. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. And considering bitcoin as money is not surprising but it is really not in that area. But what is important is that bitcoin has value that is very useful in many selected sites, industry and others.
      zhopas
      Member
      **
      Offline Offline

      Activity: 70


      View Profile
      November 14, 2017, 03:41:56 PM
       #2235

        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?






         yes bitcoin is one of the kind of money that existing in this world. Bitcoin is different from others because it is crypto currency which means you can't hold it. It is a money where can spend through online, you can also spend it in some place by convert it into local currency. In short, the answer is bitcoin is a money.

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

        Activity: 443



        View Profile
        November 14, 2017, 03:44:29 PM
         #2236

        bitcoin like money, but this is for the cryptocurrency
        not all country accepted bitcoin for the payment, we hope someday bitcoin for the payment in the world.

        You mean bitcoin is like money but it could be only use mostly online because not all of the store in the real world accepts bitcoin?(correct me if I'm wrong).
        That is what we are all hoping that would happen in the near future, but right now, it is too good to be true since bitcoin have different issues on different countries around the world. There are countries who banned bitcoin because of their people who misuse bitcoin, like buying illegal drugs online and illegal firearms, they are taking the advantages of bitcoin to do bad things that is why as the Government solution on this, they have banned bitcoin.




                  ▄▄█████▌▐█████▄▄
               ▄█████████▌    ▀▀▀███▄
             ▄███████████▌  ▄▄▄▄   ▀██▄
           ▄█████████████▌  ▀▄▄▀     ▀██▄
          ▐██████████████▌  ▄▄▄▄       ▀█▌
         ▐███████████████▌            ▀█▌
         ████████████████▌  ▀▀▀█         ██
        ▐████████████████▌  ▄▄▄▄         ██▌
        ▐████████████████▌  ▀  ▀         ██▌
         ████████████████▌  █▀▀█         ██
         ▐███████████████▌  ▀▀▀▀        ▄█▌
          ▐██████████████▌  ▀▀▀▀       ▄█▌
           ▀█████████████▌  ▀▀█▀     ▄██▀
             ▀███████████▌  ▀▀▀▀   ▄██▀
               ▀█████████▌    ▄▄▄███▀
                  ▀▀█████▌▐█████▀▀
        ▬◉▬
        ▬◉▬
        ▬◉▬
        ▬◉▬
        ▬◉▬
        ▬◉▬
        ▬◉▬
        ▬◉▬
             ▄▄▄
         ▄▄█████████▄▄
          ▀▀▀▀▀▀▀▀▀▀▀
           █▌▐█ █▌▐█
           █▌▐█ █▌▐█
         ▄███████████▄
        ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄






        ▄█████████████▄
        ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
        ███████████████
        ██▀▀█▀▀████████
        ▀█████████████▀
        HimJum2
        Newbie
        *
        Offline Offline

        Activity: 4


        View Profile
        November 14, 2017, 03:53:39 PM
         #2237

        BITCOIN is a currency like money.Actually,it is better than money.It is a modern cryptocurrency.We can use bitcoin like we used to do with money.Rather we can invest bitcoin,hold bitcoin,sell them,trade them,do shop by them etc etc and so on.But it is not legal in many countries.
        BeautifuldoII
        Newbie
        *
        Offline Offline

        Activity: 6


        View Profile
        November 14, 2017, 03:56:37 PM
         #2238

        Keeping bitcoin for any longterm expense is a good idea you can really have a great profit, bitcoin price is volatile but it by no means go truly down so, i think your greatest risk is what if bitcoin price falls or it crashed sinced it did'nt occur let's say it all of a sudden happen, are you still gonna hold your bitcoin or going to let go of them? It is the same to another cash too not just in bitcoin and you are the only one that may solution that so have fun with your decisions.
        Lonthe
        Jr. Member
        *
        Offline Offline

        Activity: 45

        Spectiv VR Crowdsale: 12/08/17


        View Profile
        November 14, 2017, 04:02:13 PM
         #2239

        Yes right, I think bitcoin is the same function as money, can be used to buy or transactions, although bitcoin has not legalized the country but I'm sure with strong community and users will have no effect.

        Spectiv: VR Video Streaming | Website | Crowdsale: December 8th
        bristlefront
        Jr. Member
        *
        Offline Offline

        Activity: 42


        View Profile
        November 14, 2017, 04:10:28 PM
         #2240

        Yes it is money that could be a good source of income. Some people buy stuffs or services online by using bitcoin with their identity secured. It is a cryptocurrency meaning it is a money that has an anonymous state.

        Pages: « 1 ... 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 »
          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!