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Author Topic: Is Bitcoin money?  (Read 112184 times)
vidprab5
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November 27, 2017, 12:12:44 PM
 #2381

No, it is an investment that can be traded for money, so its worth money, it isn't money.  It is an odd thing because it does have potential to actual become currency or money but it isn't there yet.  What could make it change when larger companies start accepting Bitcoin as a method of payment, then it will be money.
Yes bitcoin is virtual currency and that is why it is treated against bitcoin at hundred and eighty degrees. You can’t say bitcoin as money because they both have different worlds. Money is physical and it is being used all over the world while bitcoins are just using online for making transactions and earning much money. These both different planets can’t be compared and hence they are contrary.

dragonbhai
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November 27, 2017, 12:14:48 PM
 #2382

Of course bitcoin can be said to be money and also as a digital asset. Bitcoin can also be invested which means also bitcoin is money. Bitcoin is used by everyone just as much as money.
Bitcoin is virtual currency, and can be defined as a source of physical currencies. Bitcoin is dominated and use as a payment processor like so many fields. Using Bitcoin the currency of the internet will do so much activity not only virtual worlds, but also in our real worlds also.
ethlover128
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November 27, 2017, 12:31:47 PM
 #2383

yes, im using it to pay bills so it is. simple as that 😊
Bitcoin is more of an asset then money. It's better to spread your money over assets anyway. It doesn't matter what it is as long as it's worth something and has values then maybe if you make good choices you can even profit over it.
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November 28, 2017, 05:29:33 AM
 #2384

I believe it's the opposite. Bitcoincash may be the gold coin that's really lifeless y now fter tcgold appeared. People are again hyping an additional bitcoin fake so bcc is actually from the scene. All of these btc replicates doesn't remain a chance using the unique and they're just likely to die quickly and get delisted.abb
I think they will not gonna be strong as bitcoin but right now we have to acknowledge their success especially bitcoin cash.
I have invested only in bitcoin and other altcoins except bitcoin's fork so my confidence are on the coins I have invested.

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Mazda17
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November 28, 2017, 05:41:15 AM
 #2385

Yes of cours bitcoin is a money but it'a virtual money. However you have the possibility to convert your bitcoins in real money so that's good and so you can consider bitcoins as a real money.
The opinion is aus and I agree with your opinion.
Anyone can think of bitcoin as real money if you have the confidence to change bitcoin as real money, that's the real keyword.
jubayerjb25
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November 28, 2017, 05:49:31 AM
 #2386

Real money is issued, printed and controlled by government of respective country and government but bitcoin is completely different because it is neither printed nor issued by any central government. So, bitcoin is digital currency that we can  only spend in online and Real money is currency that we can only spend in physical world. That's why I think, Both Bitcoin and real money are same in a sense but bitcoin is replacing paper currency day by day.
MiF
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November 28, 2017, 05:57:53 AM
 #2387

I believe it's the opposite. Bitcoincash may be the gold coin that's really lifeless y now fter tcgold appeared. People are again hyping an additional bitcoin fake so bcc is actually from the scene. All of these btc replicates doesn't remain a chance using the unique and they're just likely to die quickly and get delisted.abb
I think they will not gonna be strong as bitcoin but right now we have to acknowledge their success especially bitcoin cash.
I have invested only in bitcoin and other altcoins except bitcoin's fork so my confidence are on the coins I have invested.


Yes, I agree because bitcoin is too strong that can change lives forever but it really depend on the person if how she/he goona do to change it. Bitcoin is a cash, it is not like gold because if bitcoin is like a gold then the value of it will never increase, it will still remain for the years pass by. Bitcoin is a money from the internet were you able to use to purchase something online. It is a money from the internet that can really help you to pay your bills online and many more.

Gaff
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November 28, 2017, 06:08:14 AM
 #2388

I believe it's the opposite. Bitcoincash may be the gold coin that's really lifeless y now fter tcgold appeared. People are again hyping an additional bitcoin fake so bcc is actually from the scene. All of these btc replicates doesn't remain a chance using the unique and they're just likely to die quickly and get delisted.abb
I think they will not gonna be strong as bitcoin but right now we have to acknowledge their success especially bitcoin cash.
I have invested only in bitcoin and other altcoins except bitcoin's fork so my confidence are on the coins I have invested.


Bitcoin is a money that can really change lives forever. It is very strong that can really help other people on anything. Bitcoin is a money in the internet were you able to purchase something you really wanted online. It is used too to pay your bills by the help of bitcoin. Bitcoin really help secure your future and I really adore bitcoin for being like that. I am really thankful of bitcoin because it can really help other people who was really need this.
BitPlace
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November 28, 2017, 06:22:29 AM
 #2389

Yes of cours bitcoin is a money but it'a virtual money. However you have the possibility to convert your bitcoins in real money so that's good and so you can consider bitcoins as a real money.
The opinion is aus and I agree with your opinion.
Anyone can think of bitcoin as real money if you have the confidence to change bitcoin as real money, that's the real keyword.

Yes it is really a money, A money from the internet that can really helps you to secure your future. It really helps you to change your lives forever. It helps you to pay your bills through online and you can purchase something that you really need online. Bitcoin has many uses. That was really all I can say about bitcoin and I think I must thank bitcoin because having bitcoin is really nice that it really helps us through our financial use.
Ashishsaha
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November 28, 2017, 06:24:46 AM
 #2390

Gold is a product, but many of its value can not be called money. Similarly, Bitcoin is a lot of its products but it can not be used as money.
Basically Bitcoin is a virtual medium. It can actually be called a product or a means of online transaction.
guxu219
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November 28, 2017, 06:32:06 AM
 #2391

Bitcoin functions like money, it can be earned because you can work for it and get paid using it, and it can be used to buy things like how money is used. Also, you can use it for gambling the same with money. But, the thing about bitcoin is it is best when there is internet unlike money that we can use regularly.
Bitcoin is a crypto currency and it is easily changeable to any other currency. So if anyone want to used bitcoin for buying something then I will tell him that bitcoin is not accepting directly now in mostly places you need to convert bitcoin in to your desire currency.
coolstory
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November 28, 2017, 08:08:08 PM
 #2392

I believe it's the opposite. Bitcoincash may be the gold coin that's really lifeless y now fter tcgold appeared. People are again hyping an additional bitcoin fake so bcc is actually from the scene. All of these btc replicates doesn't remain a chance using the unique and they're just likely to die quickly and get delisted.abb
I think they will not gonna be strong as bitcoin but right now we have to acknowledge their success especially bitcoin cash.
I have invested only in bitcoin and other altcoins except bitcoin's fork so my confidence are on the coins I have invested.


Yes, I agree because bitcoin is too strong that can change lives forever but it really depend on the person if how she/he goona do to change it. Bitcoin is a cash, it is not like gold because if bitcoin is like a gold then the value of it will never increase, it will still remain for the years pass by. Bitcoin is a money from the internet were you able to use to purchase something online. It is a money from the internet that can really help you to pay your bills online and many more.

If bitcoin is not totally legal in your country, bitcoin can't be equal to money becasue you always spend extre effort to turn your bitcoin into money. If it's legal in your country, you can always get money from exchanges without dobuts. Then it becomes money.
daarul50
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November 28, 2017, 10:21:46 PM
 #2393

I say bitcoin is money. Why? because we can turn the bitcoin into money, and obviously we can use the money as a legitimate transaction tool, although now many shops that already provide payment facilities using bitcoin. With that, I say once again that bitcoin is money.
We do not need to doubt again about bitcoin because there are many countries that allow us to transact with bitcoin.
NikitaSkublov0202
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November 28, 2017, 11:54:34 PM
 #2394

bitcoin is data
tientien22
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November 29, 2017, 12:00:38 AM
 #2395

Bitcoin is money, as I think bitcin is currently the most valuable money
Bitcoin gives players a lot of fun and shows you how strong the bitcoin is in the currency market Cool Cool Cool
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November 29, 2017, 04:00:43 AM
 #2396

Money is equal to bitcoin, because you can convert bitcoin to money and money to bitcoin. Loosing bitcoin is scary because you invest your money for it.
theybuild
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December 01, 2017, 11:01:55 AM
 #2397

Bitcoin is not like any ordinary money. As a matter of fact, its noted as a cryptocurrency that is meant for virtual trading, buying, selling and investments. Its value is unmanipulated or corrupted by the government.
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December 01, 2017, 12:46:49 PM
 #2398

Bitcoin is money for the Internet. It is a scarce digital commodity used as money by millions around the world. People buy coffee with Bitcoin at local shops. Others get paid in Bitcoin and use it to shop online. Friends use it to settle with whoever paid for dinner. Workers send Bitcoin back home to help family, regardless of where they live.
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December 01, 2017, 12:51:46 PM
 #2399


Bitcoin is actually a decentralised blockchain platform and not exactly a currency or money. It doesn't come in the form of paper or actual coin, on the contrary it's digital and can only be found online.
Although anyone can trade or invest in Bitcoin people consider it as an actual currency. Anyone can participate on this platform and benefit or profit from it.

Bitcoin has impacted the world on a very large scale, so large that most countries around the world are regulating it, but countries like China, Russia or Bolivia have decided to ban Bitcoin.
Many people have also adopted Bitcoin to carry out daily transactions, as its more secure and efficient in many ways. If you look at it from this perspective then yes, Bitcoin one day can be classed as a global currency.

Does Bitcoin have the potential and capabilities to replace the common world currencies known as Fiat? I would say not yet. Because it doesn't satisfy everyone just yet and they see it as a volatile coin with limits.

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December 01, 2017, 12:56:58 PM
 #2400

It is a good question that I need a good answer I read them
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