Bitcoin is not a currency?

[Raufjoze]

I think bitcoin is not a currency. which we can hold, touch, so it's different.

we must hold bitcoins for a long and rich future. Every future shareholder depends on holding bitcoin in the future. Bitcoin is a currency that we can use every day for daily transactions

[Dark_raven007]

What does it matter what someone likes or dislikes. We have our own opinion. If now there is a time to make money on it, why not believe it.

[Elkafi]

I found a video on YouTube https://youtu.be/qTxPfxmkLIY that according to this man (Warren Buffett) said "Bitcoin doesn't meet the definition of a currency" and he said that "he would not be surprised if bitcoin is not around in 10 or 20 years".

Is he a hater of bitcoin? while other big names appreciate the bitcoin.

Your thoughts?

I think bitcoin ia crypto currency. it will become currency in future. I prefer to say bitcoin is an assets.

[imking]

I found a video on YouTube https://youtu.be/qTxPfxmkLIY that according to this man (Warren Buffett) said "Bitcoin doesn't meet the definition of a currency" and he said that "he would not be surprised if bitcoin is not around in 10 or 20 years".

Is he a hater of bitcoin? while other big names appreciate the bitcoin.

Your thoughts?

I think Mr. Warren Buffet is a anti bitcoin or anti crypto. Maybe he doesn’t experience having the bitcoin. He is intelligent person, but he judges the bitcoin by its cover. Whatever he says regarding on the bitcoin. we always believe the bitcoin is can be an asset and currency.  Currency because we can use the bitcoin paying the bills through online or even normal transaction. It can be also asset because of the unstable value. Never judge somethings without knowing the whole benefits that can give to the people.

[chika2]

Anyone can argument anything about bitcoin, no one forbids it. But we have to know every decision to join bitcoin is a self-decision. We can see also the percentage of the likes bitcoin more than the dislike. Many other famous figures support with bitcoin are Bill Gates, Richard Branson, Eric Schmid and others. I think it is understood only when there are like and dislike of something phenomenal thing. The decision to come back is in your hands. But I keep joining bitcoin.

[Jingjess]

I don't know if he hates bitcoin,maybe he have not enough knowledge on bitcoin.For me,I considered bitcoin as future currency.

[Tmandeep]

It would appear that 2017 could be fairly called the Year of Bitcoin. The most popular and thus valuable cryptocurrency has been breaking record after record this year. On 8 November, 1 BTC was trading somewhere around $7,700; at the beginning of the year it was worth about $960). Crazy.
However, due to the fork that did not happen (and the Bitcoin community was rather looking forward to it, as the intended development should have increased the speed of transactions), the market reacted harshly. Bitcoin quickly lost quite a chunk of its value. At one point in time, it was as low as $5,600, but at press time had rebounded to $7,200. Hence, it is growing. Again.
Despite seeing all of this, I am still quite surprised that many people tend to think that Bitcoin is a currency, though at this point in time it is not a threat to our regular fiat currencies. On the other hand, a number of people seem to realize that transaction times, energy inefficiencies in Bitcoin mining and the like are some of the key challenges that prevent Bitcoin from becoming a true alternative to USD, GBP or EUR.

[nara1892]

usd, jpy, idr, sgd etc is 'currency' while 'gold, silver' is 'money' , whereas I think bitcoin looks more like 'money' than 'currency' because of limited supply(only 21 million coins), Value increase in time of crisis and inflation, Universality and Operation outside the banking system

[Magkirap]

I found a video on YouTube https://youtu.be/qTxPfxmkLIY that according to this man (Warren Buffett) said "Bitcoin doesn't meet the definition of a currency" and he said that "he would not be surprised if bitcoin is not around in 10 or 20 years".

Is he a hater of bitcoin? while other big names appreciate the bitcoin.

Your thoughts?

Saying that something great like bitcoin, won't be around for the next ten to twenty years seems like an off hand comment for me. If an innovation has been proven to help people out and change how our online economy works, I think it will last for the rest of mankind. We can't keep things from being related to the internet so I think bitcoin and other cryptocurrencies will play a major role as a currency in the development of our economy in the future years.

[Crazygreek]

Bitcoin is currency and have everything to be a currency at my opinion. People who saying that bitcoin is not a currency are usually haters and doing it without any reason.

[Mystika]

for me bitcoin is a kind of currency in our country because it's also one of those we use to purchase or pay bills, the difference is that money online or digital currency can be called.

[7Dyoknga5]

I found a video on YouTube https://youtu.be/qTxPfxmkLIY that according to this man (Warren Buffett) said "Bitcoin doesn't meet the definition of a currency" and he said that "he would not be surprised if bitcoin is not around in 10 or 20 years".

Is he a hater of bitcoin? while other big names appreciate the bitcoin.

Your thoughts?

If we google the meaning of currency in the internet, most results says "a system of money in general use in a particular country."

Bitcoin might be worldwide and not just within the country but several transactions are done with bitcoin. Which means it's used to do exchanges which is also the function of money.

Bitcoin is not legally stated by any countries economic law to be a standard medium for transaction but it serves much like money does specially online.

[olyolali]

which I think bitcoin more leads to the investment because the price is time to rise and fall
if for currency is not possible

[aysg76]

which I think bitcoin more leads to the investment because the price is time to rise and fall
if for currency is not possible

See, different people have different opinions about the bitcoin depending on the way they use it. According to some, it is merely a currency that can use in making up the required transactions digitally whereas some considered it as a great digital asset even better than gold and today many of the countries are accepting it. So its fall, for now, is a just impossible thing...

[summit26]

For me it was a currency, it was a digital currency wherein no physical appearance and need to have internet to do a transactions. But many people nowadays consider it as an investment and seldom consider it as currency.

[Selbit]

Bitcoin, one of the most popular cryptocurrencies on the market today, was being used for both investing and payment a few years ago. But today, Srinivasan said, there are competitors in the cryptocurrency transaction market that would be better suited as payment systems.

[pthnmj]

There are some countries which consider bitcoin as the currency since their governments have made it legal to buy or sell normal stuff. Whereas there are also some countries which consider bitcoin as a digital token or an asset for investment. So, maybe the man can't use bitcoin in his country,  that's why he states that bitcoin is not a currency

[sk700]

I think he is a hater of bitcoin who don't like bitcoin.His statements doesn't matter when the fact is that bitcoin is getting stronger day by day and is rising really high.

a man who doesn't like bitcoin he says that bitcoin is not a currency.  but who likes and supports bitcoin he says bitcoin is not only currency but also assest too.

[Lebovsky]

At the moment, bitcoin is not really a currency in the full sense of the word. But part of the functions of the currency performs. So far, bitcoin acts more as an asset. In the future, bitcoin may perform all the functions of the currency, but it is unlikely to replace Fiat completely. We can say for sure that bitcoin will exist for a long time thanks to blockchain.

[al maruf]

Slowly becoming popular in the Western world is becoming popular with digital currency Bitcoin, the Internet's virtual currency Bitcoin. Bitcoin can not be caught and can not be found, Bitcoin is available only online, so Bitcoin is the virtual currency.