Is Bitcoin money?

[oscarrsm]

Bitcoin will become money when 2-way crypto bankomats will spread everywhere in your country

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[Olatunjex]

Yes,  it's money in this part of the world. It can be exchange to fiat anytime you wish to

[klarafranko]

There is a need to sharpen strategic focus.

As I read on https://topbrokers.com : ''cryptocurrency, at its most basic is a form of online currency which is virtual and cannot be converted into physical currency''.
For me the main word in this sentence is ''currency''.
Nowadays BTC is a virtual  currency. Money is also a currency. So, BTC is a currency like money.

[hyunee]

Yes. I believe bitcoin is a money. Since it is a currency which we also use for different transaction and could also use for trading, investing and everything that is business related. I think if we use that with these things we can consider is a money. As well as this is a type of currency which is online currency.

[Distinctin]

Yes. I believe bitcoin is a money. Since it is a currency which we also use for different transaction and could also use for trading, investing and everything that is business related. I think if we use that with these things we can consider is a money. As well as this is a type of currency which is online currency.

It has a value so it's a money, we can trade it and buy online using bitcoin so there is no difference with money.
Bitcoin is valuable because we also consider it as our investment and we are happy seeing it the value growing, this would continue of course and we will earn enough profits that could change our lives.

[dansmith_99]

Bitcoin is a currency in my opinion. I think people will recognize it as a currency as the world starts to understand and adopt it.

[stanisl]

It is a fairly new engineering, and with a lot of elements that need to have to be far better defined. But for me it is distinct the reality that Bitcoin is funds. In addition to getting decentralized, and having a far more productive issuance than centralized currencies, there are thousands of individuals employing Bitcoin each and every working day, be it to store price, or to pay payments and get items.

[FRJ]

Bitcoin is better than money.Bitcoin is a modern currency.As it is not legal in many coyntries,it's taxfree.The price of bitcoin is very much higher than money.The price is rising day by day.You can invest BTC and get a huge profit.So,it can be said that BTC is oviously better than money.And it's security system is also better than bank as well as money.

[Questat]

Bitcoin is a currency in my opinion. I think people will recognize it as a currency as the world starts to understand and adopt it.

Eventually they will have the interest to understand and adopt on it when big merchants are adopting bitcoins.
It's not easy to understand bitcoin when they are interested on it because information are free to access and it's very simple to understand.
For now, we should be happy with the progress and for sure it will be a mainstream in the future.

[ongels]

My own idea about bitcoin, Its a money that is used in digital world, It has no form unlike paper money that could easily scratch. In its historical background bitcoin is used in a black market to process illegal transactions, but as the time goes by, It was rapidly influence the mass because of some special features about it, then they found out that it brings good opportunity to everybody, so they tend to do something to earn money using btc.

[Marble777]

+1 agree that it is not money.  However, if it was a pure commodity then it would necessarily require some (even minimal) use value, beyond an exchange value.  Right now bitcoins have a 0% use-value and a 100% exchange value (eg, if they could not be exchanged for something else, they would merely be taking up space on our harddrives and are inherently useless, like random chunks of data).

But even if Bitcoin's exchange rate does not mean that bitcoin is not money, if I think Bitcoin can also be used to buy some of the things we want, maybe not many companies are currently developing their business to make payments with Bitcoin. But that's just my assumption, correction if I'm wrong, because we all also learn together.

[milandres0207]

We all know that bitcoin is a crypto currency and we can use it online or digital payment. Perhaps, it is a kind of money i think because of some characteristic of money that bitcoin have. otherwise we can use bitcoin like what money can do in some cases. But if we compare it physically, big description of the two are difference.

[heleng05]

I think that Bitcoin is money, because I usually pay and buy online using this Bitcoin. and sometimes it gives you more time to work on what you want to do at home

[Mr.John19]

I think money is better the cash one reason why the bitcoin is not already adapting few countries in this world and we need to change the bitcoin to real money buy anything, the real money has many purpose to buy more than the bitcoin, I wish that someday that the bitcoin will be legal in nationwide so that we don’t have to changes it to the real money.

[shritin1707]

yeah bitcoin is money but a new kinda of a money whose price keeps on changing.Actually you can compare it with gold because in both case the price keeps on changing and yeah you can spend bitcoin in normal shop,you can pay your bills with that,you can travel with that,you can buy games with that and lot more. basically i am trying to say is bitcoin can be spend like money,money whose price keeps on changing

[DoublerHunter]

We all know that bitcoin is a crypto currency and we can use it online or digital payment. Perhaps, it is a kind of money i think because of some characteristic of money that bitcoin have. otherwise we can use bitcoin like what money can do in some cases. But if we compare it physically, big description of the two are difference.

Bitcoin is money and nothing can change that but the special thing in bitcoin that the physical money doesn't have is the volatility of the bitcoin because of the volatility the price of bitcoin is keep going up and it is why we should invest a little bit of our money in bitcoin to earn some more money and we should have a great knowledge in financial literacy to balance things.

[notyours]

Bitcoin is money so we can not handle it. Bitcoins are a series of numbers up to 100 million and each piece is important. And if you have 1 Bitcoins you also have 5,500 $ worth of money. We can also buy it on Fiat Moneys so it is also a money in the form of the internet.

[4U]

Yes and that's why is called cryptocurrency. It offers more cash than what you get in dollars. No doubt that is at the top of all the currencies in the world right now and it just replace US dollars. To me, it's so precious that Ican treat btc more than just a money.

It's the best crypto currency but it won't replace dollar, they are not in competition because we need fiat to own bitcoin and we need to convert
bitcoin to fiat to spend our money in this world. Let's be more realistic here, bitcoin looks good but it has a limitation.

Yes I agree with you it’s a digital currency that’s why its called crypto but this currency is different then any other currency because its only available online through internet and is price is also high than any other currency in some Europe countries bitcoin has a credit card as well this currency also teach you a lot of things about trade, mining etc.

[elewton]

I think it is a kind of asset. Because Its price is very high now ($5500 per 1 coin). People won't call it Money. Maybe people treat it like gold, diamond or stock. 

[gkosyak]

I think it is a kind of asset. Because Its price is very high now ($5500 per 1 coin). People won't call it Money. Maybe people treat it like gold, diamond or stock. 

and at the same time the price is rising rapidly