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Author Topic: Bitcoin is not Money, is Faith  (Read 870 times)
cloud.runner (OP)
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December 28, 2017, 04:38:32 AM
 #1

I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.
UglyMirror
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December 28, 2017, 05:05:59 AM
 #2

I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

Well, for me is money but I'd have faith in the developers in charge ... at least the manage to fix very well the fees issue.
bitcoinposts
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December 28, 2017, 05:37:04 AM
 #3

Bitcoin is nt money it is faith it is religion it is occult science it is mania it is more than technology and money in real
BrewMaster
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December 28, 2017, 05:39:12 AM
 #4

well you can call bitcoin whatever you like if that helps you sleep at night Cheesy
but that doesn't change the true nature and purpose of bitcoin which is to be money and if it fails to be a currency then it is as good as dead. there is no value in something that can not perform as a payment medium.
right now it is still a currency even if it is expensive to use.

There is a FOMO brewing...
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December 28, 2017, 05:40:48 AM
 #5

I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

It is faith, and it is money too.. You can still buy a lot of things with bitcoin, and it is the same as altcoins, you can use it everyday to make multiple payments. You have a bad concept about it, obviously

shahinurit
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December 28, 2017, 05:47:15 AM
 #6

It is the fact that no central bank controls Bitcoin production that makes them a unique currency. Independent people watch who buys and sells, and owns, Bitcoins, and in some general fashion make a market in Bitcoins. This makes Bitcoins very different from dollars, euros or rupees. There is no "good faith  Grin
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December 28, 2017, 06:08:38 AM
 #7

It's not about what we call it but it's all about its function as a currency. Actually it's an asset but it really functions as money and a volatile one. It's completely controllable by the user without any third parties involved and much of the fees and slow transaction. Unfortunately opposite at the moment. But it's still money.
If calling it faith boost your interest then call it that way.
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December 28, 2017, 06:11:05 AM
 #8

Someone once said, "Wealth is not evil, but the worship of Money is" The word "Faith" links to religion and should not be associated with Bitcoin. We do not worship Bitcoin, but we hope that Bitcoin will be able the change the world. <for different reasons>

I hope it will be affordable enough to enable micro payments and to include the unBanked people of this world. ^smile^

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December 28, 2017, 06:14:15 AM
 #9

I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.

Bitcoin was found to be used as currency but we make profits buy using the speculative nature of bitcoin.If you think bitcoin price will rise in the future then you can hold your bitcoins,but the main reason of bitcoin invention is to be used in online without any third party help.

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December 28, 2017, 06:23:58 AM
 #10

Bitcoin mean different thing to different people but to most of us bitcoin is and assets and in other to get the value for your assets you must measure it in monetary term, you are right if you say bitcoin is faith that is in your own opinion and to other person bitcoin is the life wire to a digital life and another again bitcoin is a means of paying for goods online life buying of software from Amazon and Microsoft. And again to many bitcoin is a currency which have to exchange into paper money for it usage.
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December 28, 2017, 06:25:03 AM
 #11

bitcoin is a success, religion is the conviction of every human being, and must be balanced between effort and religion, so as not to go wrong Smiley
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December 28, 2017, 06:30:09 AM
 #12

It's most certainly money when you withdraw fiat through a XAPO, Advcash, Spectrocoin, Bitstamp, Payeer, etc. debit card.

sent from my X6
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December 28, 2017, 08:06:16 PM
 #13

I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.
Bitcoin is blessing it’s true that bitcoin is not only money but also an asset it can help you in your present and also it can help you in your future so I never seen such a currency in my life because it’s a life changing currency there are a lot of options to earn from bitcoin so here also it make a life easy if you have good knowledge about trade you can trade here but if you have a knowledge about investment so you can invest here.
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December 28, 2017, 10:23:07 PM
 #14

depending on each individual. we can not impose the will. besides, the legality of bitcoin in each country is also different. if it can be used as currency and investment tool, why not?

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December 28, 2017, 10:24:44 PM
 #15

umm , bitcoin is good investment , but we dont know what will happent next , i think make it as faith is exaggerating

Calling it a good investment is arguable, sure. But it is not "money", it is not a "currency", because it fails all 3 criteria of being a currency.
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December 28, 2017, 10:28:14 PM
 #16

for me bitcoin there is a currency, but in the digital world, not to be faith, because bitcoin is something real. and it makes sense. faith is only for something unseen.
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December 28, 2017, 10:32:01 PM
 #17

uhm bitcoin cannot be faith , you have faith by holding bitcoin that one day it will go even at higher prices. But most of the time , bitcoin is an investment and a way you earn good money yea but I don't know much about blockchain yet but I info myself everyday.

 
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EinaiOraCoinDev
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December 28, 2017, 10:38:15 PM
 #18

Bitcoin is money, why are you saying that it is not?

Clearly you can spend as many bitcoins as you can in whatever you want, if it would only be faith, no one would be buying it
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December 28, 2017, 10:41:48 PM
 #19

Bitcoin represents a certain price but faith is what gives it its value, so if you keep faith in them and make many more people trust you can make bitcoin reach the highest you can imagine.
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December 28, 2017, 10:44:13 PM
 #20

Bitcoin is monwy and not faith because, though you may faith but you can't spend it but you can spend bitcoin.Faith is something you can not see but believe it exist, faith is something you can not control but controls you and faith is a spiritual thing. We can see and monitor bitcoin as it rows on our screen. Therefore I disagree that bitcoin is not money but faith.
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