Bitcoin Forum
April 28, 2024, 03:50:00 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 [125] 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 »
  Print  
Author Topic: Is Bitcoin money?  (Read 112091 times)
kristensoto
Full Member
***
Offline Offline

Activity: 490
Merit: 100



View Profile
December 14, 2017, 02:23:56 AM
 #2481

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.

1714276200
Hero Member
*
Offline Offline

Posts: 1714276200

View Profile Personal Message (Offline)

Ignore
1714276200
Reply with quote  #2

1714276200
Report to moderator
1714276200
Hero Member
*
Offline Offline

Posts: 1714276200

View Profile Personal Message (Offline)

Ignore
1714276200
Reply with quote  #2

1714276200
Report to moderator
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Kez1817
Member
**
Offline Offline

Activity: 909
Merit: 17

www.cd3d.app


View Profile
December 14, 2017, 02:31:52 AM
 #2482

       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.

ritik01
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
December 14, 2017, 03:21:38 AM
 #2483

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.
Karakyli
Full Member
***
Offline Offline

Activity: 280
Merit: 100


View Profile
December 14, 2017, 04:33:11 AM
 #2484

Bitkoyn simply does not invest in the definition of money in connection with his outdated formulation.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.
lilinatation
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
December 14, 2017, 04:39:07 AM
 #2485

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.
Bianxee
Member
**
Offline Offline

Activity: 217
Merit: 10


View Profile
December 14, 2017, 07:03:50 AM
 #2486

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.

   ⚡⚡ PRiVCY ⚡⚡   ▂▃▅▆█ ✅ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project ● ☞ ✅ Best privacy crypto-market! ● █▆▅▃▂
    Own Your Privacy! ─────────────────║ WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer ║─────────────────
   ✯✯✯✯✯                 ✈✈✈[Free Airdrop - Starts 9th June]✅[Tor]✈✈✈ ║───────────║ Wallet ➢ ✓ Windows  |  ✓ macOS  |  ✓ Linux
AlaitisalKhayr
Newbie
*
Offline Offline

Activity: 39
Merit: 0


View Profile
December 14, 2017, 07:08:58 AM
 #2487

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.
Dmitry.Vastov
Hero Member
*****
Offline Offline

Activity: 840
Merit: 520



View Profile
December 14, 2017, 07:15:23 AM
 #2488

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.
sarjilcse
Member
**
Offline Offline

Activity: 252
Merit: 10


View Profile
December 14, 2017, 07:16:05 AM
 #2489

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 !!
SangkuniBird
Member
**
Offline Offline

Activity: 108
Merit: 100



View Profile
December 14, 2017, 07:22:23 AM
 #2490

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. Kiss
martina14
Full Member
***
Offline Offline

Activity: 1190
Merit: 111



View Profile
December 14, 2017, 07:29:24 AM
 #2491

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

Deubila
Member
**
Offline Offline

Activity: 252
Merit: 10


View Profile
December 14, 2017, 07:34:37 AM
 #2492

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
Kasabus
Hero Member
*****
Offline Offline

Activity: 2814
Merit: 576


View Profile
December 14, 2017, 07:35:07 AM
 #2493

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.

████████████████████████
.
.SPORTS..
███████▄███▄▄
█████████▀▀████▄▄
▄███▄▄███████▀▀████▄▄
███▀█████▄███████▀▀███▄
████████████▄▄█████████
█████████░▀▀████▄▄████▀
████████████████████
█████████░▄▄████▀▀████▄
████████████▀▀█████████
███▄█████▀███████▄▄███▀
▀███▀▀███████▄▄████▀
█████████▄▄████▀▀
███████▀███▀▀
.
.bets.io.
████████████████████████
.
..CASINO..
Sallysakky
Member
**
Offline Offline

Activity: 119
Merit: 14

Kawa


View Profile
December 14, 2017, 07:38:40 AM
 #2494

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.

Tongue
9jaflick
Sr. Member
****
Offline Offline

Activity: 728
Merit: 254



View Profile
December 14, 2017, 07:45:23 AM
 #2495

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.
Drakula
Full Member
***
Offline Offline

Activity: 421
Merit: 105


View Profile
December 14, 2017, 09:17:56 AM
 #2496

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.
pragna
Full Member
***
Offline Offline

Activity: 1582
Merit: 101


View Profile
December 14, 2017, 09:36:44 AM
 #2497

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
Gladz29
Full Member
***
Offline Offline

Activity: 238
Merit: 101



View Profile
December 14, 2017, 09:59:12 AM
 #2498

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.
freedomgo
Legendary
*
Offline Offline

Activity: 3080
Merit: 1144



View Profile
December 14, 2017, 11:21:39 AM
 #2499

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.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
atileture
Member
**
Offline Offline

Activity: 258
Merit: 57


View Profile
December 14, 2017, 05:40:12 PM
 #2500

Bitcoin is money Digital one.

if you country accept bitcoin will be money or need to go other country to be accepted 
Pages: « 1 ... 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 [125] 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!