Are you OK with Bitcoin being called a token?

[mostkey]

I don't think that bitcoin deserved to be called as a token because in the first place, it is not a token because it is a currency that most of the people know it. Bitcoin is a currency because you can use it to pay things online and it is also an investment for being a good place to put your money and the tokens are just used in the altcoins but not in bitcoin.

and although the actual bitcoin is not functioning as currency, but because some people think bitcoin as a livelihood and there are many easy ways to get it then they declare bitcoin as currency, and for that we need to appreciate for anyone who just think bitcoin as a place to invest, yes although I myself consider bitcoin as a currency even though this has not been valid right in my country

[mashort]

sometimes these articles are written by people who are not at all familiar with bitcoin and cryptocurrencies in general. sometimes it is a deliberate mistake, or even possibly they call it "token" because they don't want bitcoin to be a coin or a currency.

in the end it doesn't matter as long as it doesn't catch on! which i don't see it catch on so far. so we are good.

from a technical person, what do you believe to be the appropriate term to be used?

[MFahad]

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?  

Not at all. The same way that you can call the FIAT in my bank account anything you want. Especially when these words come from well outside the crypto world. In my little group that I chat and trade with I would likely correct a new guy, to help him out, but if he or anyone wants to call it a token, more power to them.

The day when a persons words takes money from me, that is the day that something strange has occurred.

[Ekanenf]

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?  

Not at all. The same way that you can call the FIAT in my bank account anything you want. Especially when these words come from well outside the crypto world. In my little group that I chat and trade with I would likely correct a new guy, to help him out, but if he or anyone wants to call it a token, more power to them.

The day when a persons words takes money from me, that is the day that something strange has occurred.

Actually for me bitcoin being called a token or a coin doesn't really matter as long as the value won't be affected of it. I've search the difference being a coin and a token and I can say bitcoin can be somewhere between it. Coin is something that has been issued by the government that has value which bitcoin is just something that has value but it's issued by the government rather by a group or an individual which is one of the key point of a token ,so yeah, its somehow a coin and a token. Anyway, it's a cryptocurrency that has no physical shape or thing since its a online money.

[Hobo66]

I would not be happy about bitcoin called a token, bitcoin is an leader in this new age crypto world,
I would prefer BTC called a coin when mention about trading of value.

[azguard]

No im not ok. Bitcoin is price coin and crypto coin all ICOs are token cuz they used this work to much. Bitcoin is not and will not be called token, who use this as a word then he dont know anything about crypto.

[Freezingel]

I don't mind if there's people who call it token as long as they understand about it and the meaning stays the same, it's just a name, the value is still the same and people still believe in it.

[qxo35]

Doesn't really matter how it is called. It is important what value it has

[erre]

The blockchain is a public ledger about address and their balances of a token, a token called bitcoin. I don't see anything uncorrect in this definition.

[nkarm1]

The blockchain is a public ledger about address and their balances of a token, a token called bitcoin. I don't see anything uncorrect in this definition.

I agree with this, because right before the first time bitcoin became so expensive, it has been rewarded on every miners and programmers as a token reward for their works. And remember that by definition, token is a reward or issued price from a group or individual. So generally bitcoin is a token, but a token with a very high value because of great demand.

[BitcoinIsAlgebraic]

Bitcoin isn't a token like the other scamcoins. Bitcoin is a real currency which is being traded by the thousands daily

[NavI_027]

Well, it doesn't really matter whether you call it a token or not, the thing that matters is you know the gap in significance and advantages between bitcoin and other coins (in short, the difference of the two). For me, bitcoin is not just a token, I prefer to call it a "money" because it already exceed the capabilities of a token. Bitcoin is so powerful that it can do what a fiat money can do compare to the hundreds of new tokens spreading in the market that you still need to convert to btc first in order to become more beneficial.

It's ok to bitcoin being called a token but always remember that bitcoin is always in the top so you should stop to compare it to other tokens because they are not on the same level. Bitcoins already have a legacy which others don't have.

[Faxmate]

FAQ:
Why is this an issue?
Bitcoin is the proud leader, "tokens" are for the ETH Bubble Game. Calling Bitcoin a token is not even technically correct. That does matter to some people.


``````````````
OP

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 really matter to me what it's called as lonh as everyone recognizes and distinguishes it as money. Bitcoin for.me is catchy on itself token kind of sounds premium. Anyway, no matter what it is called, as long as it makes a lot of money to people, you can call it whatever you want.

Well I think bitcoin is a digital currency and world know bitcoin as a coin not as a token it don’t make sense for me when we call bitcoin as a token it’s a currency where you can exchange or can buy things to use word toke for bitcoin I think it will de value bitcoin so I think we need to give respect to bitcoin and I think bitcoin deserved for it.

[X2PR8888]

Same here. It does not not really matter what it's called as long as it stands for the same idea.  Personally though, Inorefer for it to remain as "bitcoin"

[tushin4]

I first heard of bitcoin from a website article.In that article,i was first introduced to this digital currency.After monitoring the prices of bitcoin,it became a great thing of interest for me.

[titibach]

It is really a very great platform to know about CryptoCurrency and recent markets.  I am very much happy to it

[learner 7]

I think to bitcoin the name of the token fits no more than a cow saddle

[Zacmed]

what I don't understand why all tokens support only Etherium wallets!! It's confusing me.

[priyankg3]

for me bitcoin is the diamond

[bitgolden]

It is really a very great platform to know about CryptoCurrency and recent markets.  I am very much happy to it

Majority of the bitcoin investors or you can say holders have come to know about this currency from different sites, in short again the credit goes to internet for making all of us aware of what is going in the world. Bitcoin is undoubtedly very interesting thing and majority is investing into it for the reason that it is highly profitable. There are many examples in which bitcoin has changed the lives of people altogether.