Is Bitcoin money?

[beej]

In a temporary form like it is now, bitcoin is definitely considered to be digital money.
It's a currency which is volatile in sense of value as it shifts from time to time but btc
can purchase, invest and be traded. It's a commodity and an asset as well, since it
evolved throughout the years it acquired it's modern reputable market price.
Now I believe this is where it all gets interesting and confusing to some, because
bitcoin is radically all of it. Just like gold's value and stature, bitcoin is as good as money.

[1715653288]

1715653288

[Alexnelepa92]

Not everyone appreciates the value of bitcoin to this day. I think we all know that bitcoin regarded as digital currency that can be used all over the world, although not all countries have accepted it. They don't even consider it a money.
Yes, it may not be popular as paper money but almost popular, and currently uses the entire globe.

[Ivy41]

Btc is money. Thou it is kinda different from currencies such as dollar and pounds. This is because it's a new type. Btc and its kinds are called cryptocurrencies

[FrenchCoffeezS]

For me btc is like a money in the poker but its not a chips is more like a money when you win at jockpot round. All comments are very satisfied but btc is like a the job that I very wishful time investment.

[RNGfight]

Bitcoin can be exchanged with the French currency, so it can be used as a coin, but there is a fundamental difference between the currency and the currency. The money can be added, but the amount of bitcoin is certain.

[danielnamit]

Yes, although bitcoin is just an asset and digital money for some of people, you can exchange bitcoin in your country's currency inorder for you to use it in buying your wants. Like here in the Philippines that bitcoin is not yet legal, we need to exchange btc into php before using it in transacations.

[bavian]

For me btc is like a money in the poker but its not a chips is more like a money when you win at jockpot round. All comments are very satisfied but btc is like a the job that I very wishful time investment.

If you're comparing Bitcoin as a jackpot win so it means really hard to win with Bitcoin because that how jackpot is ?

[dknight456]

Is that true? If it is then bitcoin as a mode of payment will quickly bloom in the asian countries. First Japan, then now Philippines. That is quite promising for the wide acceptance of bitcoin. More and more bitcoin will be known for its capability similar to what a fiat money is.

[Batang Hambog]

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.

+1 agreed.  It's a commodity, a digital store of value.

Yes! Definitely yes. We all know that bitcoin is a digital money and there are so many cryptos like bitcoin that are actually considered as money to in a digital world. Either it is a money it is also be a source of income to anyone who has eagerness to earn and to know it how. Maybe i am thinking that it is on their perseverance to do what they want. Pursuing one's goal is not easy but if you have hardwork nothing is impossible.

[yokai21]

the symmetric sympre is the bitcoin because the bitcoin has exceeded the money because of its very high value due to the large number of investors so its steady increase and maybe someday bitcoin is used in the philippines as a substitute.

[VazLorde]

bitcoin is coin, but in virtual form which can be bought / sold with original currency

[zdrmay]

How to say. Bitcoin is a peer-to-peer payment system that uses the same unit for accounting transactions and the data transfer protocol of the same name. In other words, it's crypto currency, digital gold, as they are called. But just going to the store to pay for products bitkoinami while you can not. Definitely, bitcoin is the future. Therefore, everything is still ahead.

[ibhk]

bitcoin is a digital currency that is not tied to a bank or government and allows its users to shop without revealing their identity. These coins are created by users who "mine" their currency by lending computing power to verify other user transactions. They accept bitcoin instead. These coins can also be bought and sold by exchanging local currency.

[shritin1707]

Yes. At the time of its invention in 2009, Bitcoin was the greatest form of money the world had ever seen.Since that time, many other brands have emerged, some with minor improvements. But they all share the same basic properties of the original. So now we can just say that “cryptocurrency” is the best form of money, and this includes Bitcoin.These new currencies are in essence digital cash and digital gold. Many experts predict this new money will obsolete all other lesser forms of money which includes fiat currency.Cryptocurrency behaves like cash because unlike checks or credit cards there is no trusted intermediary participating in the transaction. It behaves like Gold because its supply is mathematically guaranteed and immune to centralized manipulation and control.So is Bitcoin money? Yes, it’s the best form of money ever created.

[Bountyhunter01]

Yes of course,  bilcoin is money. But only digital money. It can be change any country's currency with the help of internet.

[AmericanFoodfox]

+1is it because it cause a time and investment also but we are using here a code. A thousand of code that bitcoin has and its very hard to get this encryption but were using mining rigs for the miner and it cost days to get points.

[odranoel]

For me bitcoin is another form of money, let me say like check in can be change into a cash or any currency prescribed by the country its own or there own currency

[Coyoteerex09]

For me bitcoin is more like an investment that you cannot hold. Just like the stock in stocks exchange. Yes it is money but only in the digital world. We can earn from it but we cannot have it in our hands.

[moonordoom]

Yes, bitcoin is money. We all know that bitcoin is convertible to fiat so there's no need to argue whether bitcoin is money or not.  We can at least convert bitcoin into fiat so that we could buy everything need.

[Malooka]

obviously bitcoin is money because all people used it liked real money and in future bitcoin used as a national currency in so many country.