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Author Topic: Is Bitcoin money?  (Read 112095 times)
dakilangisajaja
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February 11, 2018, 01:38:29 PM
 #3061

Yes bitcoin in Money Because of It We have money and can make money using bitcoin so a big help say like I'm hard.
HiramMayBill
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February 11, 2018, 01:40:31 PM
 #3062

Bitcoin is a currency, and now only a few merchants accept it, and I think it will be accepted by most businesses in the future.
pluMmet
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February 11, 2018, 01:47:21 PM
 #3063

Yes I guess bitcoin is money, just a digital currency alley not is physically and can only be in use by means of online and use the internet, do not like the real that we could touch and without the need to use the internet.
And I think that the digital currency is one of a picture of the future of technological progress
rxthree
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February 11, 2018, 02:04:32 PM
 #3064

no doubt about this we are already using bitcoin as currency not only for online purpose but in physical shops also. although the physical shops are not to much but hope that their number is increasing and very soon the number of bitcoin shops will increase and then we will be able to bitcoin in our local shops, but i think still there is some more time is require for it.
tikong
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February 11, 2018, 02:07:03 PM
 #3065

I believe that Bitcoin is new kind of money.and anything that can be exchange to fiat cash is money Bitcoin has taken a special role in the current era which is a special role in the poverty alleviation center.it's virtual.It is a new investment center that earns money but uses the internet, Just like everything else, the money will be the same.
Pansamantala
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February 11, 2018, 02:38:25 PM
 #3066

To be fair, Satoshi Nakamoto's original intentions for bitcoin's creation was for it to serve as the official currency of the internet abd potentially the future, as of now butcoin still serves this purpose but mostly people are converting their monies to bitcoins in order to gain profit. So in other words bitcoin had become an asset. It is not wrong however as it helps bitcoin's growth and development as well as securing bitcoin's bright future either as a currency or as an asset.
Granslam
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February 11, 2018, 03:24:28 PM
 #3067

For me, at a certain level, it could be considered as a currency. I mean, Satoshi Nakamoto himself, tge man behind this genius invention intended bitcoin to be the "Currency of the Internet." So i think it is only fair for bitckin to be recognized as a currency even now that it has seen the market as an asset for investment and not for being a currency.
Kahoy01
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February 11, 2018, 03:45:47 PM
 #3068

It is intended by Satoshi Nakamoto to be the official currency of the internet, and here we are using it as a way to earn income. However, I think it's just fine considering that because of bitcoin investment bitcoin had grew and survived the tides of the time and the market. So it's up for the user to decide whether they would intend it to be a currency or as an asset depending on how they use it.

Vermilion-
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February 11, 2018, 03:58:35 PM
 #3069

Bitcoin is no money in tangible form, but the function and use bitcoin same as real money,even with bitcoin we can make a good deal for payments such as paying bills and electricity bills, etc. as well as grocery shopping our day, but it all depends on a country where we are because we know there are some countries that prohibit about the existence of bitcoin, other than that bitcoin is able to create a good business opportunity in trading or investing.
egaunic20
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February 11, 2018, 04:07:47 PM
 #3070

Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. The name is also associated with the open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the US Treasury calls the bitcoins of a decentralized currency. Unlike most common currencies, bitcoin does not depend on trusting major publishers.
Tuesto
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February 11, 2018, 06:17:24 PM
 #3071

Hi  everyone. They are utilised not only as payment. For regular individuals, they're considered only as payment. For that economy of the country - it is really an important device. Bitcoin doesn't have the capabilities of supporting the economic climate. Therefore, it cannot be called full-fledged money meaning that is available now
ogtejiri
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February 11, 2018, 07:43:49 PM
 #3072

Yes, bitcoin is money but it is a digital currency unlike the physical paper note/ coin money that one can hold, feel and spend
harbin55
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February 15, 2018, 08:43:02 AM
 #3073

Yes the bitcoin in the cryptocurrency are also money. Just like the local currencies you can used it in all means or kinds of commercial transactions like buying some stuffs and etc.
The unique from bitcoin is they provide instant investment since the value is always increases in the market.
Sean25pogi
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February 15, 2018, 06:35:26 PM
 #3074

Yes. Bitcoin is money. The difference of it on the money that we are using longtime ago is it is intangible.
Bitcoin is the currency when it comes to the world of internet wher high technology exist while the money that we are using long time ago until now is can be touch or it is tangible.
Elsonbol
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February 15, 2018, 07:47:16 PM
 #3075

BTC is money because it is now a financial system. we can cash out it on ATM machine with card or cardless through conversion to fiat money. the best thing about it is we have the opportunity to buy it when the price fell down and sell when it gets higher in short or long period of time.
JohnnieTheDealer
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February 15, 2018, 07:54:01 PM
 #3076

According to bitcoin.com, and under my opinion, yes, Bitcoin is as real money as the FIAT:

Bitcoin is money for the Internet. It is a scarce digital commodity used as money by millions around the world. People buy coffee with Bitcoin at local shops. Others get paid in Bitcoin and use it to shop online. Friends use it to settle with whoever paid for dinner. Workers send Bitcoin back home to help family, regardless of where they live.
MaskOffFuture
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February 15, 2018, 08:08:43 PM
 #3077

BTC is money because it is now a financial system. we can cash out it on ATM machine with card or cardless through conversion to fiat money. the best thing about it is we have the opportunity to buy it when the price fell down and sell when it gets higher in short or long period of time.

Bitcoin is not direct money but it's almost very close to fiat money. You can sell and cash it out in lots of place in the world. Most of the people knows about it and they don't miss it.
Estreal
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February 15, 2018, 08:28:20 PM
 #3078

 It is a scarce digital commodity used as money by millions around the world. It's been used as a means of payment in some countries.Bitcoin is a virtual currency. It doesn’t exist in the kind of physical form that the currency & coin we’re used to exist in.So I would say since Bitcoin is used as means of payment though not generally accepted.
playful69
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February 16, 2018, 03:58:56 PM
 #3079

Bitcoin refers to two things: bitcoin is a payment network similar to Mastercard or paypal, and bitcoins (the currency) are the medium of exchange on the bitcoin payment network. bitcoin is a global currency, which is traded person to person without any need for a bank in the middle.

Bitcoin may be the best form of money we have ever used.
russella31
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February 17, 2018, 01:51:13 AM
 #3080

Of course, bitcoin is money. There is money in bitcoin. When you buy bitcoin it would grow like a tree. It's like a tree money. Provided that you invest in the right program and surely you will gain profit.
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