Bitcoin Is Not Really A Good Money

[Aztek]

There maybe some flaws you can see in bitcoin but it does not generalize that it is not a good money at all. If all of us would base the meaning of being good money to its transaction hassles and vulnerability then no one would be happy to invest in bitcoin. Bitcoin has a lot to offer for us in this community. It's a step by step process in order to perfect something.

It is true that there is a lot of things in bitcoin that should a development in the future. In the simple matters bitcoin is not that perfect, yet we are a vital factor for it to develop and to become a better currency in the future. It depends on us on how we are going to used bitcoin as a number one option on transaction specifically on trading, investments or daily transaction that could somehow makes bitcoin more popular on people to used it as a mode of transaction.

[kevpantof]

There maybe some flaws you can see in bitcoin but it does not generalize that it is not a good money at all. If all of us would base the meaning of being good money to its transaction hassles and vulnerability then no one would be happy to invest in bitcoin. Bitcoin has a lot to offer for us in this community. It's a step by step process in order to perfect something.

It is true that there is a lot of things in bitcoin that should a development in the future. In the simple matters bitcoin is not that perfect, yet we are a vital factor for it to develop and to become a better currency in the future. It depends on us on how we are going to used bitcoin as a number one option on transaction specifically on trading, investments or daily transaction that could somehow makes bitcoin more popular on people to used it as a mode of transaction.

Nothing is perfect; we just go for what are better or rather better suits us. We are an important factor but don't you think bitcoin has attracted us first towards itself. It provided us with new ways of transaction and become our source of income. BTCs have that much followers because of its extraordinary features. We can be replaced but BTC can't be.

[Matcuda]

Bitcoin has small incomes, but they can be corrected in the future. In addition, it provides an opportunity for unemployed people to earn without having special skills. This is good money.

[andreibi]

Bitcoin as this moment is not a good means to pay for stuff. Store of value? Currently yeah, but it wouldn't last long if people start to realize what is Bitcoin really good for.

[Chyton]

First of all I know that Bitcoin was designed to be the next digital cash, but some years after that it's not feasible to be the mass adopted digital cash. Bitcoin is becoming our digital gold not money. In my opinion, Bitcoin will never be our digital cash because of it's deflationary design.
A good cash need to be inflated at a controlled rate while Bitcoin is capped at 21 Million that means Bitcoin is getting more scarce everyday, not so much different from gold eh? And Bitcoin is more practical to store and liquidize than gold.

[noictib]

Bitcoin as this moment is not a good means to pay for stuff. Store of value? Currently yeah, but it wouldn't last long if people start to realize what is Bitcoin really good for.

Yeah , i agree because here in my city no one shops are accepting bitcoin and also saying that if anything like bitcoin is exists than that is scam only because it is totally a useless concept to store MONEY in the online with some words.
Well here bitcoin is good money for each other among the bitcoiners and we can easily expect that how much we are making with the bitcoin after payment because its value will increase time to time and we will make money in offline ( by storing in Wallet and doing nothing ).
So we need to educate the people about this thing legimately , so that they can understand its value in real ways  and can make use of btc and other cryptocurrency and make it more valuable in public place to use bitcoin .

[yrreg ger]

I think it is based on the experience of the user. They think that bitcoin is not a good money because of being cashless/crypto-currecny which is possible to disapper that cause of losing money. And the otherside is gooe because it is helpful to the other, it is the source ot income by the other because of investing, trading and benefits of volatile price of each crypto-currency. It is normal to make a mistakes because this will the one reason why we survive and have a better life.

[Fundalini]

Bitcoin leans toward the investment side rather than as a money for transactions. Ironically, it is a currency but it has done a terrible job thus far. I takes to many processing to buy stuffs, isn't enough popular to be accepted by many stores and transaction cost and time are at a below acceptable level.  So unless they fix that block size capacity and then be more accessible,  bitcoin would never be a good money.

[Lubang Bawah]

This is the opinion of those who have not gained profit from bitcoin so say it. for me bitcoin is the best money because its value is always up compared to the price of all commodities.

[FLoving]

I think it is based on the experience of the user. They think that bitcoin is not a good money because of being cashless/crypto-currecny which is possible to disapper that cause of losing money. And the otherside is gooe because it is helpful to the other, it is the source ot income by the other because of investing, trading and benefits of volatile price of each crypto-currency. It is normal to make a mistakes because this will the one reason why we survive and have a better life.

It is very much depending on the customer how bitcoins are to him. If he is earning good money with bitcoins, indeed he is never ever going to consider bitcoins bad money. I don’t think so bitcoins have anything that can put them in the category of bad money. It is much better than traditional ones.

[fedoralite]

I think it is based on the experience of the user. They think that bitcoin is not a good money because of being cashless/crypto-currecny which is possible to disapper that cause of losing money. And the otherside is gooe because it is helpful to the other, it is the source ot income by the other because of investing, trading and benefits of volatile price of each crypto-currency. It is normal to make a mistakes because this will the one reason why we survive and have a better life.

It is very much depending on the customer how bitcoins are to him. If he is earning good money with bitcoins, indeed he is never ever going to consider bitcoins bad money. I don’t think so bitcoins have anything that can put them in the category of bad money. It is much better than traditional ones.

The problem is there are people who's been trying their luck on hyips and get scammed and for this they see bitcoins is not good since they had bad experiences upon using this but if they are good player on this industry they will surely find it more convenient and a good source of profits if they will explore it up.

[Ejanend]

I think it is based on the experience of the user. They think that bitcoin is not a good money because of being cashless/crypto-currecny which is possible to disapper that cause of losing money. And the otherside is gooe because it is helpful to the other, it is the source ot income by the other because of investing, trading and benefits of volatile price of each crypto-currency. It is normal to make a mistakes because this will the one reason why we survive and have a better life.

A lot of people has the different thinking about bitcoin and for me bitcoin is not just the money but it is more than that because it keeps your money and your investments save then how can someone say that bitcoin is not the money we can buy things and can pay our bills using bitcoin in addition to it is best payment service because of the cheaper and faster transaction so it is better than money for money now.

[cluit]

There maybe some flaws you can see in bitcoin but it does not generalize that it is not a good money at all. If all of us would base the meaning of being good money to its transaction hassles and vulnerability then no one would be happy to invest in bitcoin. Bitcoin has a lot to offer for us in this community. It's a step by step process in order to perfect something.

It is true that there is a lot of things in bitcoin that should a development in the future. In the simple matters bitcoin is not that perfect, yet we are a vital factor for it to develop and to become a better currency in the future. It depends on us on how we are going to used bitcoin as a number one option on transaction specifically on trading, investments or daily transaction that could somehow makes bitcoin more popular on people to used it as a mode of transaction.

Nothing is perfect; we just go for what are better or rather better suits us. We are an important factor but don't you think bitcoin has attracted us first towards itself. It provided us with new ways of transaction and become our source of income. BTCs have that much followers because of its extraordinary features. We can be replaced but BTC can't be.

Exactly! Bitcoin is no doubt a very good source of income for many of us. I think the one who think this thing that Bitcoin is not a good money, they actually are unaware of all the wonders which Bitcoin is and will bring in the coming days. Bitcoin in my point of view will be the most valuable money in future.

[karmamiu]

There maybe some flaws you can see in bitcoin but it does not generalize that it is not a good money at all. If all of us would base the meaning of being good money to its transaction hassles and vulnerability then no one would be happy to invest in bitcoin. Bitcoin has a lot to offer for us in this community. It's a step by step process in order to perfect something.

It is true that there is a lot of things in bitcoin that should a development in the future. In the simple matters bitcoin is not that perfect, yet we are a vital factor for it to develop and to become a better currency in the future. It depends on us on how we are going to used bitcoin as a number one option on transaction specifically on trading, investments or daily transaction that could somehow makes bitcoin more popular on people to used it as a mode of transaction.

Nothing is perfect; we just go for what are better or rather better suits us. We are an important factor but don't you think bitcoin has attracted us first towards itself. It provided us with new ways of transaction and become our source of income. BTCs have that much followers because of its extraordinary features. We can be replaced but BTC can't be.

Exactly! Bitcoin is no doubt a very good source of income for many of us. I think the one who think this thing that Bitcoin is not a good money, they actually are unaware of all the wonders which Bitcoin is and will bring in the coming days. Bitcoin in my point of view will be the most valuable money in future.

                         It is just because the developer is really brilliant he saw that it is still not enough and there are some problems from transferring money from one place to another so he developed a virtual currency that has multi-purpose. Even though it is not yet perfect or not even at the bound of perfection, so many developers are trying to developed new ways or methods or even projects that could help and be beneficial to bitcoin itself.

[xSkylarx]

Bitcoin is not a really good money because it will not help you to pay your things on a daily basis and bitcoin is more like a good investment for long term because bitcoin is not a completely a money but also an investment which is preferrable rather than using it as a money.

[syaripudin]

Currently, many people who want to do activities dibitcoin that alone can be used as evidence that bitcoin currency is good enough money. not to mention the many investors who want to invest dibitcoin. so I guess you're wrong if you say that bitcoin is not good money. bitcoin is helpful to meet the needs in terms of the economy of my life. right now I have started trading in dibitcoin I do that because I am very confident that actually bitcoin can improve in terms of economy of my life for the future. and really bitcoin is a gift I get.

[goldade]

Bitcoin is not real money because of simple fact acceptance the way dollar is not real money to the man on the street of China trying to make a living for himself. In the outside world bitcoin might not be real money, but over here, that is the main currency to be used as a medium of exchange and even anything other than bitcoin for services to be rendered or rendered is purely a waste of time.

[marjoree]

Bitcoin is powerful enough this days and maybe gold and silver will be left out and they will be just a jewelry. Think of what will happen with bitcoin in the future it will be soon known by the whole world and extend more since its value gets higher every year

[tiptopgemdotcom]

This is the opinion of those who have not gained profit from bitcoin so say it. for me bitcoin is the best money because its value is always up compared to the price of all commodities.

Dont underestimate opinions of other members. Bitcoin prices always have ups and downs. As a digital money we can list many good reasons but let's dont ignore the cons of bitcoin..

[Gotomoon]

Bitcoin is powerful enough this days and maybe gold and silver will be left out and they will be just a jewelry. Think of what will happen with bitcoin in the future it will be soon known by the whole world and extend more since its value gets higher every year

I believe bitcoin has a bright future and yes it is powerful these days. Soon there will be a merchant that bitcoin will serve as a real money. Somehow, by buying things online we can say it can serves as a good money online because we can use it to purchase online. Moreover, bitcoin has not stopping from there because we can serve it as an investment also.