meliodas
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May 16, 2017, 04:08:37 PM |
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Bitcoin is money that us for me. I get to use it like money which I can buy something or sell something in exchange of Bitcoin. Though everybody else have its different versions of definition that is either by self, dictionary, or in legal terms.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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channingwilmer
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May 16, 2017, 05:21:32 PM |
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It's not Money and hopefully never turn into Money. The way it Works is much better compared with Money.
IN some aspect, we can still consider bitcoin as a type of money, an online money. Moreover, many platforms and stores have accepted Bitcoin as a payment method. No matter how you want Bitcoin not to become money, it is now being turned into a real type of money i think there is no doubt about that bitcoin is money, as we can see that bitcoin is now using for online shopping, and most of the online shops accept bitcon for shopping. even in some places people have the facilities to use bitcoin for shopping in fat shops. therefore we can say that bitcoin is money and we even do not need to convert it in to other fiat currency while using it. I disagree with you. Bitcoin is not money. Bitcoin is much more than money. It functions as a payment system and a good investment object. But, if you greatly simplify, you can call it money. I agree that. Bitcoin is technology and money which helps us to protect ourself and become anonymous. Moreover, we will join the decentralized system and no one can find us anymore. We do not need to pay tax while using Bitcoin and we can order illegal stuffs on the internet whenever we want |
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Vikingr
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May 16, 2017, 05:44:27 PM |
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It's not Money and hopefully never turn into Money. The way it Works is much better compared with Money.
IN some aspect, we can still consider bitcoin as a type of money, an online money. Moreover, many platforms and stores have accepted Bitcoin as a payment method. No matter how you want Bitcoin not to become money, it is now being turned into a real type of money i think there is no doubt about that bitcoin is money, as we can see that bitcoin is now using for online shopping, and most of the online shops accept bitcon for shopping. even in some places people have the facilities to use bitcoin for shopping in fat shops. therefore we can say that bitcoin is money and we even do not need to convert it in to other fiat currency while using it. I disagree with you. Bitcoin is not money. Bitcoin is much more than money. It functions as a payment system and a good investment object. But, if you greatly simplify, you can call it money. Yes, bitcoin is not exactly ordinary money. With him you can earn very well and pay off on the Internet, but there is a risk of using such money. Actually bitcoin is the advanced form of money as like in the past gold was money and then fiat came as advanced form of money and replaced gold for purchases in the same way I am seeing that bitcoin is establishing over the world and a day will come when everywhere bitcoin will be used. |
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asdalani
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May 17, 2017, 11:07:43 PM |
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I don’t like to compare Bitcoin to regular cash because Bitcoin is only a tool that could be used to get more cash in pretty much any type of situation.
Bitcoin won’t be money unless the people within the IMF decide to put the coin into their Currency list and promote it as well.
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Restmand
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May 18, 2017, 01:25:00 AM |
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I don’t like to compare Bitcoin to regular cash because Bitcoin is only a tool that could be used to get more cash in pretty much any type of situation.
Bitcoin won’t be money unless the people within the IMF decide to put the coin into their Currency list and promote it as well.
i dont agree with you, for me everything that has a value , can be converted, can be use to buy something is actually a money, we cannot see it , we cannot hold it but still we can use it to buy our goods and pay our bills, in the online bitcoin wallet that we have been using we can pay our bills directly but it has a fee also but a little bit compared to the amount that needed to be pay. |
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xSkylarx
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May 18, 2017, 02:02:20 AM |
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I totally agree that bitcoin is money we could use it as payment right so for me it is totally money,
As long as we could use it as payment and it has some value that is corresponding to our Fiat then it is money,
That is just my own opinion.
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unisilver
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May 18, 2017, 03:39:28 AM |
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I totally agree that bitcoin is money we could use it as payment right so for me it is totally money,
As long as we could use it as payment and it has some value that is corresponding to our Fiat then it is money,
That is just my own opinion.
bitcoin is money the only difference of it from cash is that it is a digital money. from the word it self "digital money" we must and could conclude that it is money. we can buy and purchase things using bitcoin.. moreover, if we will rad the definition of wikipedia of money is that "Money is any item or verifiable record that is generally accepted as payment for goods and services...." source: https://en.wikipedia.org/wiki/Moneyso bitcoin is money. |
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zarintasnim
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May 18, 2017, 03:41:49 AM |
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Bitcoin is virtual currency. We can't use bitcoin like that money. Bitcoin has 0% use value but 100% exchange value. Now days we cannot buy food in bitcoin. No body know what happen in future. Maybe we buy some food in future with bitcoin.
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Sadlife
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May 18, 2017, 03:57:32 AM |
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Bitcoin is money but it's much more better than cash it is decentralized that no debts, tax or banks can control it unlike most of altcoins now a days.
It survive and gain great value in the market it has even good value than gold.
This days you can buy clothes, gadgets gift cards and use it as payment in goods and services.
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Dontme
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May 18, 2017, 04:02:24 AM |
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Ofcourse bitcoin is a money as we know that it is a digital money. And bitcoin is already used for many transactions like buying materials online, we use it also for gumbling, some people are having a job online to have a bitcoin salary and also some people are using bitcoin for transportation. Bitcoin really is a money.
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LegendOF45
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May 18, 2017, 05:42:03 AM |
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Ofcourse bitcoin is a money as we know that it is a digital money. And bitcoin is already used for many transactions like buying materials online, we use it also for gumbling, some people are having a job online to have a bitcoin salary and also some people are using bitcoin for transportation. Bitcoin really is a money.
Yes true, bitcoin can we use to buy anything, so we can say bitcoin is money, the modern transaction currently leaves us hanging with a system that is fast, cheap and safe, for transactions bitcoin better than real money. |
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Casabrandy
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May 18, 2017, 06:06:26 AM |
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Ofcourse bitcoin is a money as we know that it is a digital money. And bitcoin is already used for many transactions like buying materials online, we use it also for gumbling, some people are having a job online to have a bitcoin salary and also some people are using bitcoin for transportation. Bitcoin really is a money.
Yes true, bitcoin can we use to buy anything, so we can say bitcoin is money, the modern transaction currently leaves us hanging with a system that is fast, cheap and safe, for transactions bitcoin better than real money. indeed it is a money a better version of real ones or cash, a better transaction in an instant,with a convenient wallets, capable of being a bank and a possibility to earn . Bitcoin offers features best suit in managing our money |
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akija
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May 18, 2017, 09:42:40 AM |
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Yes since You can convert Your Btc Into real cash and can also use them to exchange or buy , sale products and services . It is Indeed a Money .
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Sifat33
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Activity: 283
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Honesty is the best policy
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May 18, 2017, 09:47:41 AM |
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I thik yes BTCitcoin is mony.Bit coin is online mony.Many online payment I pay with Bitcoin.It is very useful and easy to use.
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DoublerHunter
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May 18, 2017, 10:09:53 AM |
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I thik yes BTCitcoin is mony.Bit coin is online mony.Many online payment I pay with Bitcoin.It is very useful and easy to use.
Bitcoin is one of the popular online payment method as of now based in our country because all of the online sellers that i saw in the internet prefer bitcoin rather than banking or thru remittance and their reason is they want bitcoin because of its growing rate and also faster transaction rather than any payment method that they know. |
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mad3
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May 18, 2017, 12:09:21 PM |
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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.
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shine1123
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May 18, 2017, 12:33:19 PM |
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For me yes, bitcoin is a money. Because i can earn money with bitcoin, bitcoin is like my second job though. And yes, you also can use bitcoin as the payment too, it works like money.
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Faith Joy
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May 18, 2017, 12:38:41 PM |
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Yes bitcoin is a money but it is an electronic money. Actually there are stores that accept Bitcoin as payment just like starbucks they are now accepting bitcoin in change of there products. And I believe soon bitcoin will be accepted on the market it is like a debit electronic money to be used on the market.
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Kisanaq
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May 18, 2017, 12:51:49 PM |
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I think the bitcoin is money even better than money, with bitcoin transactions we can send and receive money around the world faster and cheaper than real money.
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deisik
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May 18, 2017, 12:59:25 PM
Last edit: May 18, 2017, 04:07:42 PM by deisik |
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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 All your points are debatable First, gold is not money only in the established sense of the word. It is not used as money (i.e. as a means of payment), so it is not money, as simple as it gets. Nevertheless, it could be said that gold is money in retirement, and likely only temporary one. Many governments (especially those of developing countries like India or China) are hoarding gold like there's no tomorrow. Why are they doing that? Because they know that if shit hits the fan, no one will give a single fuck about their currencies but everyone will like their gold. And then gold will shine again as an international money. Further, I don't think that Bitcoin is like PayPal. Yes, it is a payment system, but you don't transfer dollars or whatever with it, it is an integral part of Bitcoin as such, so there is no valid and plausible reason to say that it is like PayPal just because it is a payment system in its own right. Otherwise, I could just as easily claim that cash is like PayPal (since it is also a payment system in and of itself) |
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