kristensoto
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December 14, 2017, 02:23:56 AM |
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of course bitcoin can be used as money for payments, however not much countries accept bitcoin for payments so it is very limited, but in general bitcoin can be transfer into money by trading on exchanges and use in real life.
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Kez1817
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December 14, 2017, 02:31:52 AM |
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Bitcoin is not literally a money but it can also use as exchange of good like a real money.Bitcoin is a virtual currency that yoy need to exchage first in dollar or peso before it become a money.
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ritik01
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December 14, 2017, 03:21:38 AM |
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My belief is that Bitcoin is a new type of money. Just as gold is not wealth but works as a wealth, silver is not wealth but it reduces money, but it does not work as currency even if it is not cash. Bitcoin is a money.
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Karakyli
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December 14, 2017, 04:33:11 AM |
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Bitkoyn simply does not invest in the definition of money in connection with his outdated formulation. When the concept of money was defined, the digital currency did not exist. Therefore, digital money was not included. I think that over time, the concept of money will be revised taking into account the emerging digital types of money and everything will fall into place. Bitcoin, like the other crypto currency, now performs all the functions of money, being both a measure of value, and a repository of value, performing the function of a payment facility and so on. Therefore, there is no doubt that bitcoin and other crypto currency is a new kind of digital money.
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lilinatation
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December 14, 2017, 04:39:07 AM |
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Here the definition of a money, after you can choose if it's a money or not : something generally accepted as a medium of exchange, a measure of value, or a means of payment.
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Bianxee
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December 14, 2017, 07:03:50 AM |
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bitcoin has a function like money, but is used in the digital world. bitcoin can be used as a payment but is limited due to legality issues. today bitcoin is more often used as a commodity, which is traded and has a high price.
Money, according to the dictionary is generally accepted as medium of exchange. On the other hand, bitcoin is a digital form of currency and is no doubt to be used as a mode if payment. Therefore, yes, bitcoin can be considered as money as well.
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AlaitisalKhayr
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December 14, 2017, 07:08:58 AM |
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Many people are use bitcoin as currency and investment today. We can buy thing using bitcoin in many various online shop and service. Bitcoin is money that we can use to purchase goods but we better save it as investment.
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Dmitry.Vastov
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December 14, 2017, 07:15:23 AM |
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Yes bitcoin is one type of virtual money, which is control by using Internet and also convert into real currency. Bitcoin is declared as legal in many country and widely use for various propose. Many people using bitcoin for buying their daily needs like cloth, food, and other important stuff. Bitcoin is also use as a trading tool like real money. You doesn't need to pay any tax when you income money through bitcoin. It is world first Decentralized digital currency and it has include more benefits than real money.
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sarjilcse
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December 14, 2017, 07:16:05 AM |
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Yah sure..i agree with your terms..
But doesn't matter what nation think about bitcoin..yes btc is online crypto currency which is we can called ut money.. now a days btc have gained popularity over the world..i think one day most of the country accept bitcoin as a online payment !!
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SangkuniBird
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December 14, 2017, 07:22:23 AM |
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In my opinion, bitcoin for me is money because I can use it to pay and buy online while at home and they can give it away for free, rather than buying in a store away from my house if I can buy it online I can do other work at home , so that's why I can say that bitcoin is money.
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martina14
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December 14, 2017, 07:29:24 AM |
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Bitcoin is money! bitcoin is huge than money, in not longer of a wek or 2 bitcoin will reach the top of having 20.000USD per bitcoin which is really huge, here in the philippines that 20,000 USD is wworth more than 1 million pesos which you can afford to buy a housse in just a single BTC
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Deubila
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December 14, 2017, 07:34:37 AM |
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bitcoin is a valuable commodity. They are used for monetary exchange. And their value does not change but many people wonder if bitcoin is money? , every bitcoin transaction we pay a large amount of money
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Kasabus
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December 14, 2017, 07:35:07 AM |
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Many people are use bitcoin as currency and investment today. We can buy thing using bitcoin in many various online shop and service. Bitcoin is money that we can use to purchase goods but we better save it as investment.
It's both money an investment, in fact better than the real money because the money that we know inflate it's value in the long run but bitcoin does the opposite. Like what we have seen this year, the value has increase almost %1,000 and that is just amazing, and we are happy holding bitcoin even for a long period of time.
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Sallysakky
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Kawa
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December 14, 2017, 07:38:40 AM |
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Bitcoin is already an investment asset like gold. Of course u can buy, for example, a house for Bitcoins. But it's to big commissions due to high price, so it's not for everyday purchases.
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9jaflick
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December 14, 2017, 07:45:23 AM |
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Some persons are already taking bitcoin as their primary investment asset, this is happening among the youths that are starting their first invest journey. But one thing is for such, life is all about risk likewise your investment. Always trade and invest wisely.
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Drakula
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December 14, 2017, 09:17:56 AM |
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Bitcoin is Electronic Cryptocurrency .It Is Like Another money for me.
Yes, Bitcoin is a digital cryptocurrency and internet dependent; aside from that fact, Bitcoin has value just like money, and I agree on what you have said that it is another type of money; but if you want to be an official money, you can do cash out.
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pragna
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December 14, 2017, 09:36:44 AM |
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It is not solid money, its a digital currency and it can be into solid money by different transaction. The people who are connected with BTC they believe it and doing there business and different government make it legal to their country because people can not want to handle solid cash. They dont have enough time to go bank and take cash and carry it. So they use it as a currency and make their life easier. In this sense it is money
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Gladz29
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December 14, 2017, 09:59:12 AM |
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bitcoins are just like shells or furs in ancient times - of course they are not banknotes or coins, but it's money, because they have all the functions of money
Yes, for me bitcoin is money. Because the value of bitcoin is so high than dollar. So I consider that bitcoin is money. Someday all we used bitcoin for paying bills, buy our needs, using pay if we go shopping. So bitcoin for me is money.
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freedomgo
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December 14, 2017, 11:21:39 AM |
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bitcoins are just like shells or furs in ancient times - of course they are not banknotes or coins, but it's money, because they have all the functions of money
Yes, for me bitcoin is money. Because the value of bitcoin is so high than dollar. So I consider that bitcoin is money. Someday all we used bitcoin for paying bills, buy our needs, using pay if we go shopping. So bitcoin for me is money. Eventually when bitcoin will get more popular it will attract more users and more businesses will take the opportunity to the big market. As long as the government will not ban bitcoin and will regulate it for the benefits of the majority of users we will see a great future ahead, it might be too early to tell now but I'm confident there will be more good news in the future so let's keep investing now.
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atileture
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December 14, 2017, 05:40:12 PM |
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Bitcoin is money Digital one.
if you country accept bitcoin will be money or need to go other country to be accepted
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