Are you OK with Bitcoin being called a token?

[bamboylee]

Isn't bitcoin a token technically? It is a reward given to the miners for maintaining, inserting blocks into the blockchain. But we can use it as a currency because we can buy things and services thru it. So, it does not matter if they call it token or coin. It is still bitcoin to us.

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[Yanisumin]

Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp? 

I don't even care if it was called a sushi because in the end of the day what matters is what it can offer and what its potential inside. The name will represent its outside but even whatever what we're calling it in the end of the day those who will believe will believe. And those people won't judge it by a mere name in my opinion.

[iram1011]

Until Bitcoin is called Bitcoin, I don't care which word follows it.

There won't be any effect. So relax!

[carlosmg]

Isn't bitcoin a token technically? It is a reward given to the miners for maintaining, inserting blocks into the blockchain. But we can use it as a currency because we can buy things and services thru it. So, it does not matter if they call it token or coin. It is still bitcoin to us.

From what I know, token is something you use to represent something else, and which would be used for you to redeem this something else.

Currency is something you use to exchange for anything else.

[btc_angela]

Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp? 

I don't care whatever you called it, as long as it serves my purpose I don't see any problem with that. I haven't heard anyone here in the forum calling bitcoin a token though. The world token only existed in the altcoins. As long as bitcoin serves my purpose like having it converted to "physical" fiat and I can do whatever I want, I guess its OK with me. Don't make things complicated here, just focus on building your "token" and try to accumulate as you can.

[KuromaYoichi]

Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp? 

It doesn't matter to me whether people call it token or digital gold or something else because i know what that person mean. People who are new to crypto in general don't know the difference between bitcoin and other token so it's understandable to be wrong. What matter is the value of bitcoin itself.

[kafeelniazi]

It's okay to me when people call bitcoin is called with token or whatever. Bitcoin gives me profit and all that matters. I'm happy with it.

yes it does not matter to change the name of bitcoin, we only want money, and we only offend bitcoin when its price made us lost ( I hope this ain't gonna happen)

[Caesar-Giulius]

I am alright with people calling Bitcoin as a token. Frankly speaking to me, Bitcoin is in many forms. BTC might be an asset to someone, gold to another person and etc.

[Cloud27]

The first time I heard the word bitcoin, it stuck in my mind that bitcoin is a type of currency. That is why I considered bitcoin as a currency not a token. They can call it whatever they want, but I prefer bitcoin be called a currency. A word token to me is not a currency, it is a thing entitled to exchange it for a particular product.

[super5star]

The way they call it doesn't change what Bitcoin is. The problem is that it brings confusion for the average user. Calling it a currency, a digital currency or a cryptocurrency tells them more what it's all about.

Yes it is admissible and it can be said as token because it is token to the high profit and high earning. It is token to the global marketing and it allow us to shop everywhere in world yes it is a token and in coming future everyone will use this token.

[nagobinga]

it depends on who's playing bitcointalk I'm just a follower and just play in it and but if with others I would not know ,, bitcoin should evolve from year to year.

[Topper]

Technically a BTC isn't a token. There was no ICO to crowdfund that technology. The initial cost of a BTC was 'undetermined'

[xaxistech]

It is not being considerated as a token anymore, financial bussiness are starting to consider it as a normal currency, only that it is a digital one.. Only ico's have tokens, and probably a ninety percent of the altcoin market is considered as a token, because those coins were crowdfunded and they had an ico, that is why they are tokenized.

[helars2008]

For me it doesnt really matter how someone would like to call bitcoin.
They may call it anything that they seem fit to call it,  it doesnt really matter because it wont affect the price of bitcoin.
As long they know how to use it and what it is for would be more beneficial than controling what they wanted to call it.
But if you really dont want someone valling bicoin as a token then i think you should start to educate them why itisnt fit to call it as token.

[Litzki1990]

I think bitcoin its now a token, and it is a coins not a token. But it depends to the people what they going to called token or coins.
And the important on this is the value and you can convert it to cash.

[suryati]

as i know bitcoin is a digital currency used as an investment and trading in crypto currency where so bitcoin is equated with other altcoin and called token which is new coin issued by new developer in a project. But to me no problem bitcoin called token because the most important bitcoin can provide more value for our family economy.  

[gentlemand]

No. I don't care about the ins and outs, it's a shit word. When Poloniex started referring to themselves as a blockchain token platform it really got on my nerves.


Token

1.
a thing serving as a visible or tangible representation of a fact, quality, feeling, etc.

2.
a voucher that can be exchanged for goods or services, typically one given as a gift or forming part of a promotional offer.


Neither definition smells of Bitcoin to me.

[diguyo]

It doesn't matter if it's called a token. Cash is a token. A ten dollar note, a two pound coin, they have no value in the metal... They are representative of value, or a token.

[aryaadikariyansyahsuwarto]

I think bitcoin could be called a token, but a token that has the highest price among other tokens. But that does not mean bitcoin has properties like other tokens, which is easy to get. If that happens then we'll all be rich, but that's bitcoin, how to get it is a bit harder than other tokens, and that's what makes bitcoin feel special.

[mmhaimhai]

Bitcoin is still bitcoin no matter how others would call it its no big deal for me since Im into bitcoin because of its precious price and the promise of good future that I see.