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Author Topic: Bitcoin is not a currency?  (Read 1947 times)
andyhooton
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April 21, 2018, 05:12:43 PM
 #521

For your information,bitcoi had step into 9th year now.Do you think,it will no more in a decade.Not at all.Now bitcoin is used as a
one of the currency in many G-20 countries.I think bitcoin was legal in 15 countries of G-20 countries.
Bitcoin is the both currency and asset now.Many people had start to inverse in bitcoin as an asset.
Saveralll
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April 21, 2018, 05:15:10 PM
 #522

which I think bitcoin more leads to the investment because the price is time to rise and fall
if for currency is not possible
bitcoin is treated like an asset, bitcoin also includes currency but it is digital because it only applies in the digital world and use internet network.
serenacalce
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April 21, 2018, 05:27:08 PM
 #523

Maybe Warren Buffet do not consider bitcoin as a currency, but we should not rely on anybody's choice of opinion. We have the right to choose our opinion.
serenacalce
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April 21, 2018, 05:28:49 PM
 #524

For your information,bitcoi had step into 9th year now.Do you think,it will no more in a decade.Not at all.Now bitcoin is used as a
one of the currency in many G-20 countries.I think bitcoin was legal in 15 countries of G-20 countries.
Bitcoin is the both currency and asset now.Many people had start to inverse in bitcoin as an asset.
rahul10948
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April 21, 2018, 05:40:11 PM
 #525

Its depend on the situation .We all have different opinions. If Warren Buffet said that it didn't meet the definition of currency, then so be it. We all have different point of view and thinking. If that's what he said, we, as a bitcoin user, should explain and enlighten him what and how bitcoin can be used for. if more and more organization going to accept it eventually it can be serve as a currency
Catcorn
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April 21, 2018, 05:49:07 PM
 #526

Warren Buffet is a smart man, who understands finances. But, his opinion is too personal and sophisticated. He doesn't believe in Bitcoin and that is his right. Bitcoin is not a materialistic currency, it is a digital currency, which can simply be transferred into $.
Cryptocb
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April 21, 2018, 05:50:35 PM
 #527

Bitcoin is a digital money that can be converted to real real money buy selling it out and many people invest on bitcoin in to enable to make more profit and have a great return after a short period of time bitcoin is a real money that can be used to to buy real estate and many more depends on the quantity of the bitcoin.
PawanAggarwal
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April 21, 2018, 06:02:28 PM
 #528

Bitcoin is of-course is a currency, a currency for an online world, now emerged, used for trading, purchasing - selling goods, services etc., in such a world where geographically differences are very big but in an online world it makes the world small.
jack8989
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April 21, 2018, 06:14:31 PM
 #529

Bitcoin is a digital money that can be converted to real real money buy selling it out and many people invest on bitcoin in to enable to make more profit and have a great return after a short period of time bitcoin is a real money that can be used to to buy real estate and many more depends on the quantity of the bitcoin.
I don't agree with you my friend, if you do know about trading and joined it before, you'll see that Bitcoin is using at the middle currency of every currencies.
If you want to transfer your NEO to XRP? You have to transfer NEO into BTC or ETH first , then do the BTC to XRP later and that's how it work.

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MorganFreemanBeard
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April 21, 2018, 08:20:21 PM
 #530

Crypto just makes digital currency which everyone uses more secure. bitcoin is the cryptocurrency like a virtual type but completely different from physical money. Bitcoin can be used as a digital currency for online transaction whereas.
kingofrogues07
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April 21, 2018, 08:20:50 PM
 #531

Bitcoin is both a currency and an asset. Just like gold in the old days but now it's all digital. I don't think bitcoin will be gone in 20 years, it will always be here. There are chances that another coin will surpass it but it will not die.
BlackSeaConqueror
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April 21, 2018, 08:21:24 PM
 #532

The one said that Bitcoin is not a currency and it is a asset. And the benefit of using bitcoin would be to eliminate the hassle of exchanging currencies and clearing the money through banks.
WesternCowboyBibop
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April 21, 2018, 08:22:11 PM
 #533

If you can buy and sell with it, i think it qualifies as a currency. Only different is BTC is a virtual/online currency.
LetsTalkMoneyxD
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April 21, 2018, 08:22:47 PM
 #534

in simple words bitcoins is not a currency but it is a form of investment which can be converted into cash anytime at the time of need..
12tribes
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April 21, 2018, 08:40:46 PM
 #535

The Oracle of Omaha (Warren Buffet) May have his reasons, but whatever his reasons may be, he really needs to consider the position of the cryptocurrency revolution and the inroad and wide acceptance the bitcoin is bringing. He should be shown the revolution the acceptance is bringing to countries like Japan, Malaysia, South Korea etc

onurgozupek
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April 21, 2018, 08:49:31 PM
 #536

Bitcoin is an alternative currency and payment method. It's better than a fiat currency, a currency that you can trust and be sure that no government can increase the amount anytime when they are lack of money. Indeed it's not so widely used yet but will be in the near future...
DominRx
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April 21, 2018, 08:59:58 PM
 #537

Ahaha, maybe he just could not buy bitcoin at a low price and so he angrily speaks out about him !? In my opinion, the crypto currency is definitely able to claim the title of currency (but in the future)!
Obeng ketok
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April 21, 2018, 09:23:25 PM
 #538

although many are comparing with gold in my opinion bitcoin is the digital currency used globally. maybe he does not recognize bitcoin as a whole.
patrickj
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April 21, 2018, 09:35:45 PM
 #539

Bitcoins was been here for very nearly 10 years and they are as yet existing so they are presently considered as payment? What's more they won't be called as a cryptographic money on the off chance that they are not a cash since they can be trade into genuine cash or specifically purchase items utilizing them and that thing is additionally the thing that a cash can do as such they can be considered as an advanced cash so dont loathe.
anaumar
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April 21, 2018, 09:42:37 PM
 #540

everyone is entitled to bitcoin whether it is bad or good but I certainly always think positive about bitcoin and bitcoin remain bitcoin which become digital currency which is now being highlighted by society

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