Why not compare Bitcoin with money?

[CarreFenderc]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

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[mom_dad]

I think one of the most widely publicized benefits of Bitcoin is that governments, banks and other financial intermediaries have no way to interrupt user transactions or place freezes on Bitcoin accounts. The system is purely peer-to-peer; users experience a greater degree of freedom than with national currencies. The goverment can't control it. Bitcoin does not have inflation so it does not stimulate economic growth

[alia]

BTC is a peer-to-peer network and is thus backed by peer-to-peer trust. Take a look at what happened in India recently (the demonetization of 500 and 1000 rupee notes). One night the Prime Minister came on live television and said "all your money is now worthless", and like magic, it was. Millions upon millions of dollars in value evaporated simply because of one man's words. Where is your gold?

When it comes to bitcoin, no one man has such power. Fuck, Trump could go on live TV and say "bitcoin sucks" and we'd probably see a 10% drop and swift rebound. When you give power to the people - entirely, without someone to act as a central authority or deity, that is when you have a true miracle. Bitcoin is that miracle, and fiat's got nothing on it.

[Fantastic33]

Money is different from bitcoin. Money is recognized by banks and accepted by government. It also contributes to economic growth because money is widely and legally used on any transactions in and out of the country. While on the other hand, bitcoin is a digital currency. Its not recognized by banks as currency but is used as payment for goods and services. Compared with money, bitcoin is decentralized. It allows transactions via peer to peer. Transactions with bitcoin are fast and easy. Whats also great about it is that its price continious to rise with time and is expected to grow more on the coming years. Thats why more are using it now. Even some governments already banned the use of bitcoin, people will still use it because of the advantages that ONLY bitcoin can offer.

[blocklancer8]

The science that i read, bitcoin is a virtual currency that is widely used for investment while the money is used for everyday purposes there are also stored.

[Red-Apple]

you can not compare bitcoin with money because they have very little in common.
centralization
bitcoin is decentralized while money is centralized.
that also means bitcoin is backed by the people using it and as long as people (peers) are there bitcoin will have value. but money is backed by the government mostly and when the government messes up, value of money drops.

supply and cap
there is a cap for bitcoin (21 million) and there will never be anything more than that. and it has an accounted for circulating supply.
while there is no cap for money. government will print as much as they want, whenever they want. nobody knows how much money is in circulation!

anonymity
bitcoin is not anonymous, every transaction is stored in the public ledger (blockchain) and is open for everyone to see.
money transactions can be 100% anonymous if you use cash!

[Veks_King]

If the USD collapsed tomorrow, your notes would NOT be replaced with an equivalent amount of gold.

[melch100]

Why not compare Bitcoin with money? Because money have an exact or fixed value while bitcoin have unfix value because of its unstable price.

[soma50]

Bitcoin is the world's largest digital currency. You can not see it. You can see and touch money and do it. Money is now being processed online. Money in the future will also be digital currency. No doubt. But bitcoin can not move forward.

[dzhan]

Bitcoin is indeed money, it is real currency used by so many people online to sell and buy goods and services, or for trading as well. The problem it is not yet supported worldwide and it is not yet known by the majority of people around the world. Also governments and banks still fighting BTC and supporting only fiat currencies.

[Bobby park]

When it comes to bitcoin, no one man has such power. Fuck, Trump could go on live TV and say "bitcoin sucks" and we'd probably see a 10% drop and swift rebound. When you give power to the people - entirely, without someone to act as a central authority or deity, that is when you have a true miracle. Bitcoin is that miracle, and fiat's got nothing on it.

Definitely! Bitcoin is decentralized and no person can ssy that it will not be used tomorrow. No person can dictate that its value becomes useless. Until bitcoin is used as exchange and medium of exchange it has value! It cannot be compared in money because even they both usage and system of payment. They are different in process of transaction and value! Bitcoin is the future of fiat!

[Realtoreel]

its not easy to trace, its a worldwide currency , everybody who believes in can buy some without any controll of the dagobert ducks of our times .

 

[alia]

When it comes to bitcoin, no one man has such power. Fuck, Trump could go on live TV and say "bitcoin sucks" and we'd probably see a 10% drop and swift rebound. When you give power to the people - entirely, without someone to act as a central authority or deity, that is when you have a true miracle. Bitcoin is that miracle, and fiat's got nothing on it.

Definitely! Bitcoin is decentralized and no person can ssy that it will not be used tomorrow. No person can dictate that its value becomes useless. Until bitcoin is used as exchange and medium of exchange it has value! It cannot be compared in money because even they both usage and system of payment. They are different in process of transaction and value! Bitcoin is the future of fiat!

Very true. A couple of unmentioned points:

- 92% of all "fiat" transactions happen online, and thus they are not real transfers of money - they are simply transfers within internal ledgers, usually banks/PayPal. The only "real" transfer of fiat is when someone gives you cash in your hand, and that too can be stopped by note marking or demonetization.

- The USD is NO LONGER BACKED BY GOLD and is instead backed by the "full faith and credit" of the US Federal Reserve - which means, if the USD suddenly collapses, you don't get jack shit. Bitcoin is backed by the full faith and credit of millions of people across the world, and most importantly, cannot be affected by a single entity. Now you tell me which one is more valuable?

[Maksik198188]

I believe that bitcoin is money, only in the electronic version, may soon throw away real money?!

[BitChief]

When it comes to bitcoin, no one man has such power. Fuck, Trump could go on live TV and say "bitcoin sucks" and we'd probably see a 10% drop and swift rebound. When you give power to the people - entirely, without someone to act as a central authority or deity, that is when you have a true miracle. Bitcoin is that miracle, and fiat's got nothing on it.

Definitely! Bitcoin is decentralized and no person can ssy that it will not be used tomorrow. No person can dictate that its value becomes useless. Until bitcoin is used as exchange and medium of exchange it has value! It cannot be compared in money because even they both usage and system of payment. They are different in process of transaction and value! Bitcoin is the future of fiat!

Very true. A couple of unmentioned points:

- 92% of all "fiat" transactions happen online, and thus they are not real transfers of money - they are simply transfers within internal ledgers, usually banks/PayPal. The only "real" transfer of fiat is when someone gives you cash in your hand, and that too can be stopped by note marking or demonetization.

- The USD is NO LONGER BACKED BY GOLD and is instead backed by the "full faith and credit" of the US Federal Reserve - which means, if the USD suddenly collapses, you don't get jack shit. Bitcoin is backed by the full faith and credit of millions of people across the world, and most importantly, cannot be affected by a single entity. Now you tell me which one is more valuable?

Bitcoin is far more comparable to gold then the USD. It isn't really just money, it is a store of value which is virtually instantly transportable making it far more useful than gold

[Cinemo]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

Bitcoin is not compare with money is simply because money is a paper that you can hold and it has exact mount of value while in bitcoin hs no fix amount and you cannot hold it in your hand.you can only see it in your virtual wallet.

[TheySeeMeHodlingTheyHatin]

USD is NOT backed by gold

[SanjeewaCrypto]

But I think Bit Coin is more closer to gold not to the USD. Because, you can not create gold and it is limited to the amount you get from mining. But on the other hand, USD can be printed even if the inflation increases.

[Md Saad]

Because of the decentralization system, Money is a currency of centralized platform but Bitcoin doesn't require this type of mechanism so that these two shouldn't compare each other.
I think there is another reason for not comparing Bitcoin with Money is availability, Bitcoin is totally dependent on the internet system so that Bitcoin is valueless without the Internet.

[Dexion]

I love your analysis, it's an innovation of life, first people make gold as a valuable item, then money, and then today become bitcoin. This innovation come because the more difficult the problem of life, so the more valuable things come as a solution. you have trouble living?, now bitcoin come as a solution.

[dron8809]

я дyмaю чтo биткoин нe взмoжнo пpиpaвнивaть ни к зoлoтy ни к дoлapy пoтoмy чтo eтo coвceм paзныe вeщи.Цeнa биткoинa зaвиcит тoлькo oт нac caмиx.

[mellar1084]

Why not compare Bitcoin with money? Because money have an exact or fixed value while bitcoin have unfix value because of its unstable price.Actually it's both good to know and to have because they have benefits to others company so compare digital money to real money is no use at all,i think in the future the value of digital money is so high but still we need real money in life so even it's both money with different value still we need this in life so it will continue to be useful in future anything happen to the price.

[Happydd]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

We can not compare bitcoin with money. Because bitcoin coins are electronic transactions only, the electronic world does not come into use in everyday life and money is used everyday.

[hachiman13]

For starters, Bitcoin is a deflationary currency while money/fiat is not. This is due to the fact that the supply of bitcoin is limited while fiat can be printed out of thin air. Also, you cannot transfer billions worth of dollars within 10 mins in bank wires unlike bitcoin.

[doodle07]

Everything in this world has its own definition, everything has its uniqueness.

[di.ako.toh]

I see money and bitcoins in a different manner. Bitcoin is a digital currency, where you could use it in some cases when converted into fiat money, but still it has its own value in the market. While, money is readible to use and widely accepted by banks and governments.

[khaled0111]

Bitcoin "as a coin" can be compared to fIAT money since both of them are used for the same reosons (generally paying goods).
On the other hand, Bitcoin as a network and the blockchian behind it is completely different from ordinary money due to decentralization and anonimity and especially the absence of regulations.

[Sexie]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

.         I respect to that as money is a physical currency issued by the government to be used by any kind of transactions worldwide. Through bank to bank transaction, remittances, paying compensations , pensions and salaries and even money changer, paper currency  has the vital role to that. We can buy anything we want even without internet. We can transact  to other people without internet.
                       The difference of bitcoin was that it is being a digital currency, we can used it by the manipulation of gadgets by online transactions  We can’t access site without internet or WiFi. As of this generation and the coming generation. Bitcoin has a greatest contribution to mankind. It’s value is continously increasing, so as they considered as gold or even more to that.

[Ranly123]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

Though gold has major disadvantage, bitcoin also had its own. Gold is not risky compared to bitcoin so they cannot be compared to whether the public will accept bitcoin and leave gold or the other way around. With the emergence of bitcoin in this era, golds value remains due to gold's less volatile price compared to bitcoin.

[Jody.Drummer]

very different between paper money and virtual money such as bitcoin, paper money clearly centered and set by each country, Bitcoin may be like gold whose value continues to grow,

[monkeydominicorobin]

We can never compare fiat money with Bitcoin. Bitcoin in itself is a public ledger. While Fiat Money in itself is useless. Fiat money can never ever create a public ledger since it is just a piece of paper. Bitcoin at present is a living organism that can work without any form of traditionally made regulations. Fiat money is inutile. It cannot process a transaction without the traditional infrastructure in place. Bitcoin works with the help of decentralization oriented people who believes in it.

[Lintel]

Money is different from bitcoin they shouldn't be compared  because we all know that money is recognized by banks and accepted by government therefore whatever we will buy we can buy it by the use of money. it is just only a paper but it is valuable. it is also legally used in any transactions we do, especially in the bank or paying our bills. while bitcoin is a cryptocurrency we can't use it everywhere to spend. We need to trade it for cash first before we can use it. and government has no way to monitor it because transactions must be done here in trading exchange as well, not through bank.

[Francis Freeman]

people don't compare Bitcoin to money because for them it's just a speculation tool.

[matthewogus01]

First of all, Money' and 'currency' should not be used interchangeably. Currency is the money of a given state. In the U.S., it is Federal dollar notes in circulation. Money is what we use every day to pay our liabilities, and this includes currency and, to a much bigger extent, our bank account balances that provide the source for our check, wire transfer, debit card, and credit card payments.

On the other hand, Bitcoins are independent or what they term as decentralized, thus they are not controlled by the government or financial agencies. The absence of a central entity that controls bitcoins means that the bitcoins can be distributed in a powerful and resilient peer-to-peer network. It can also be transferred from bitcoin users to other users located across the globe without any problems.

[NeuroticFish]

people don't compare Bitcoin to money because for them it's just a speculation tool.

Yep, and it's up to us to make people understand that Bitcoin is more than that, it's also a coin you can pay with.
LN should help on that with transaction speed and maybe costs too.
And we also need more and more public figures to act in a way similar to what Charlie Lee tried here for Litecoin.

[sheamus10]

I think bitcoin is a very popular online asset, but paper money has become one of the official means of payment that has been recognized by the government and the state. While bitcoin, currently only recognized by some countries only

[Creepings]

I think bitcoin is a very popular online asset, but paper money has become one of the official means of payment that has been recognized by the government and the state. While bitcoin, currently only recognized by some countries only

It is really popular if it is not then I don't think that it will be the most expensive one right? Bitcoin is also recognized by a lot of country now, in fact some of those countries regulated bitcoin and some of them already banned bitcoin. Bitcoin will stay as a volatile and risky asset, in the future many may accept it as a way of payment but I doubt it in these days since it is pretty volatile.

[giogio0504]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

Bitcoin is accepted by society but as you mentioned that recognition by government is guarantee, and sometimes we need smth that we know is stable and guaranteed.

[sharted]

I think bitcoin is a very popular online asset, but paper money has become one of the official means of payment that has been recognized by the government and the state. While bitcoin, currently only recognized by some countries only

Money is just a paper currency.But bitcoin is the best and top online asset.Many people are start to inverse in bitcoin  rather than in gold,coal,silver,daimond and platinum.Soon bitcoin will replace the paper currency.

[shi07]

Bitcoin and money have similarity in terms of transaction. They can both transac via online as long as there is internet connectivity like bills payment , but money is a paper with fixed value defends on what country you belong while bitcoin is a digital currency that change its value anytime.

[doaremon]

Money is more stable than Bitcoin. The price range already became fixed for money but for Bitcoin it is still not predictable. Again, If you see the price then, previous year at the end the value was upoto 16000$ but this year the value is revolving around 15000$. But this is the starting of the year. Last year the price was only 700$ at the starting but ended with a huge amount. This year I think the Value will also raise like last year. Some of the people also say that this year the price of Bitcoin will be almost 30000$. On the other hand we also may see the fall of Bitcoin to a great extend. So no one can predict Bitcoin price but for Money it is fixed.

[Twinscoin2017]

Money is more stable than Bitcoin. The price range already became fixed for money but for Bitcoin it is still not predictable. Again, If you see the price then, previous year at the end the value was upoto 16000$ but this year the value is revolving around 15000$. But this is the starting of the year. Last year the price was only 700$ at the starting but ended with a huge amount. This year I think the Value will also raise like last year. Some of the people also say that this year the price of Bitcoin will be almost 30000$. On the other hand we also may see the fall of Bitcoin to a great extend. So no one can predict Bitcoin price but for Money it is fixed.

I strongly agree on you bitcoin and money is not the same they are really different in many ways money is use by a country and with its own design and sailed by thier own government and approved to be use upon the people who live on that  country. So then of we go visit to another country we need to convert our money through thier money in order for us to pay the different payments on that respective country that was really the law of governance. We have a different government with the different leadership beyond  king ,queen,president etc.so then i agree that the  bitcoin is really different from money.

[Bitdressa]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

why do not we compare bitcoin with currencies ie bitcoin quality differs significantly with currency in every country and I'm sure many of the best quality in some bitcoin tokens and rise is quite significant and we can be surprised to see its development

[Cedie]

For me, in my opinion, the reason why I we can not compare bitcoin with money simply because they are in different fields. For me they must co-exist with each other. I see bitcoin as a big help for filling up the gaps of the current money that we have. It made our transactions much faster and much easier especially for digitaly native people.

[zefirka26]

Биткoйн - нaикpyпнeйшaя вo вceм миpe цифpoвaя вaлютa. Baм пpeдocтaвляeтcя вoзмoжнocть видeть и дoтpaгивaтьcя к нaличным cpeдcтвaми. Дeньги ceйчac тaкжe oбpaбaтывaютcя oнлaйн. Cpeдcтвa в дaльнeйшeм тaкжe cтaнyт цифpoвoй вaлютoй. Бeз coмнeний.

[Baijit20]

we can't compare bitcoin with money because of the decentralization system.bitcoin is decentralized while money is centralized.we can see Money is more stable than Bitcoin.we can also seen that bitcoin use only online by Internet but money use everywhere. so there are so many cause we can't compare bitcoin with money.

[Goldberg007]

We cant compare bitcoin with money because bitcoin is decentralized that means backed by the people and money is centralized means backed by the government.If bitcoin become centralized in the future than we can use it as a money. 

[janelleshepard]

Comparing Bitcoin with money is lame because Bitcoin is a currency which can be considered as a scale to calculate how much money you have in your pocket. You can compare Bitcoin with USD or EURO because they're all currencies not Bitcoin vs money.

[ASHLIUSZ]

Majority of the users give importance to it as a store of value and as an asset. With its multiple accessibility and increasing usage of bitcoin it has been getting termed to be more as an investment, currency and value based asset for transaction. Money has got the physical state which is lacking with bitcoin which is one among the major factor making currency better than bitcoin.

[BTG-BTC]

every day the bitcoin is compare to a currency, which is useless, not the same source, nor even utility

[ThishD]

The main reason is difficult to compare with bitcoin With Money is, Bitcoin is the invisible currency, but the Money is visible, and it can be touched by us.Also, bitcoin is a value-for-money monetary value day by day, but the value of the Fiat Money is not constantly changing.Mainly, due to these reasons, bitcoin and currency can not be reconciled.

[posoa]

Bitcoin is a digiral  Cryptocurrency  from blockchain Technology which is  decentralized, while the money is  centralized paper money. Bitcoin as a  Cryptocurrency is a peer to peer Network, which exempt the activities of the third party, and also restricted any power from government and control from any bank or other financial institutions. Bitcoin is not only fast, it also aid  easy payment for  online transactions.The paper money is used every day,  any where,  at any time without the restrictions from internets networks....etc, while Bitcoins requires internet, and  is not accepted by certain organisation. Investment for bitcoin is long term.

[Snaic]

Bitcoin can have a certain course in relation to any money of any state. However, he can not compare with them. Money is issued by the state in an amount equal to the gross domestic product. Bitcoin does not have such a binding, as well as binding in general to any state. Its price is determined only by the ratio of demand and supply to it. The states themselves will not want to equate their economies to bitcoins, since it will already depend on the economy of other states where bitcoin is running, and the economy of such a state will be unstable due to the high volatility of bitcoin. In this regard, bitcoin can only walk in parallel with the paper money of various states.

[mahibul49]

bitcoin is not money its asset.bcz bitcoin will be reserved and its an asset.

[Stavri]

Actually bitcoin is a money. That is why we call it cryptomoney. So you can compare   but you can not compare bitcoin with cash. It takes so long time to get approval so you can not use it for quick buys online or offline.

[Argie021213]

Both are used as means of investments and source of funds but each has its own limitations of using. Bitcoins are of free regulations in trading while money should be regulated by banks and financial institutions to which country it is accepted.

[asu]

 We shouldnt compare bitcoin to money because money is recognizing to many countries money uses as to pay bills and for our daily expenses unlike bitcoin many netizens is not familiar about bitcoin . Money has a stable price but bitcoin is unstable value sometimes it gets high,  sometimes it may fall. How I wish that I can pay my daily expenses using bitcoin and I hope that our government will legalized bitcoin.

[ajjhu]

Because these two things have the same points, but there are many different places, bitcoin is not regulated, regulation by the market, but also anonymous, point-to-point transactions. Money, on the other hand, is under the control and control of the state and the banks. It is regulated by the market and the government. Money is, in our view, gold bound and banknotes of any significance.

[Pan Troglodytes]

I think that people who don't consider bitcoin as money and think about it only as a store of value would very much be dissapointed if their prediction were realized one day. I believe that the moment bitcoin stops being considered as a currency, its price will go to zero and it will happen very fast.

So if it stops being a currency, it will very shortly stop being a store of value too.

[MiF]

I think that people who don't consider bitcoin as money and think about it only as a store of value would very much be dissapointed if their prediction were realized one day. I believe that the moment bitcoin stops being considered as a currency, its price will go to zero and it will happen very fast.

So if it stops being a currency, it will very shortly stop being a store of value too.

I think bitcoin cannot really compared to fiat because they have some different features and ways to pays or maybe gain bitcoin is become really profitable also because of the fiat the investors used fiat if not bitcoin to invest in bitcoin for good i believe that bitcoin is a very amazing tools of gaining a huge profit and it is really the most trend now a days we really used bitcoin to gain a fiat money they are both currency but they are different.

[Pan Troglodytes]

I think that people who don't consider bitcoin as money and think about it only as a store of value would very much be dissapointed if their prediction were realized one day. I believe that the moment bitcoin stops being considered as a currency, its price will go to zero and it will happen very fast.

So if it stops being a currency, it will very shortly stop being a store of value too.

I think bitcoin cannot really compared to fiat because they have some different features and ways to pays or maybe gain bitcoin is become really profitable also because of the fiat the investors used fiat if not bitcoin to invest in bitcoin for good i believe that bitcoin is a very amazing tools of gaining a huge profit and it is really the most trend now a days we really used bitcoin to gain a fiat money they are both currency but they are different.

I am not saying that bitcoin should be compared to fiat. People are manipulated into thinking that the only money one can speak about is fiat. No! Money in the sense "medium of exchange" existed long before inception of fiat in 20th century. It was based on gold and silver standard.

Fiat as we know it is going to collapse very soon.

All I am saying is that the moment people stop using bitcoin as currency (pay for things and services) it will very sharply dive to zero price and then all those who hodled it as a store of value only will be very surprised.

[colmenajose]

Money is a paper of legal use in a given country to make immediate purchases of goods and services. Bitcoin is digital money, used in any country in the world, also for purchases of goods and services, but with investment characteristics.

[joshua05]

Bitcoin has already made its stand to the rest of the world, but to think its replacing currency to money will never be possible, aside from the government will totally refrain it, we can't be sure if its really possible.

[DoublerHunter]

Bitcoin cannot be compare with money as of now because the bitcoin is an investment or an asset as of now and it is not considered as money because you can use bitcoin in doing transaction, i understand that but in terms of using it as a daily basis currency, it is not that qualified because a lot of problems are there in bitcoin like over crowded and slow network.

[shoreno]

Bitcoin cannot be compare with money as of now because the bitcoin is an investment or an asset as of now and it is not considered as money because you can use bitcoin in doing transaction, i understand that but in terms of using it as a daily basis currency, it is not that qualified because a lot of problems are there in bitcoin like over crowded and slow network.

bitcoin is always compared with money because they are likely the same. bitcoin is a currency and an asset  at the same time while money is also a currency but it can also be used an asset just like in bitcoin. bitcoin is also widely been used on a daily basis and its network isnt crowded or slow all the time rather that is really dependent. If you send a transaction with a verry low fee , then your process will probably slow compared to a regular or recomended fees.

[Monette2k17]

Physically you can compare bitcoin and money, money you can hold or put to your pocket or physical wallet in your pocket while bitcoin is a softmoney you can't hold it. But both have value you can used to buy something online and merchant that support bitcoin.

[inanora]

I think one of the most widely publicized benefits of Bitcoin is that governments, banks and other financial intermediaries have no way to interrupt user transactions or place freezes on Bitcoin accounts. The system is purely peer-to-peer; users experience a greater degree of freedom than with national currencies. The goverment can't control it. Bitcoin does not have inflation so it does not stimulate economic growth

That is not correct in my opinion. Government can easily stop transactions in their country. They just have to pass laws and make it illegal.

[Pan Troglodytes]

I think one of the most widely publicized benefits of Bitcoin is that governments, banks and other financial intermediaries have no way to interrupt user transactions or place freezes on Bitcoin accounts. The system is purely peer-to-peer; users experience a greater degree of freedom than with national currencies. The goverment can't control it. Bitcoin does not have inflation so it does not stimulate economic growth

That is not correct in my opinion. Government can easily stop transactions in their country. They just have to pass laws and make it illegal.

I don't like it much but I think you are right. If a governament chooses to make it illegal, and introduces laws that will severly punish citizens for using it, they will effectively and successfuly ban it. People will be too scared to use it.

[JerryJam]

Cryptocurrencies are not controlled and provided by the government. Therefore, they do not meet the very definition of money. Crypto-currencies are not recognized by the main Bank system as a currency. Confusion in the legal status is an obstacle for investors and operators of cryptocurrency. Because of the lack of state control fraudsters, terrorists and extortionists are using bitcoin to their advantage.

[senin]

Why not compare Bitcoin with money? Because money have an exact or fixed value while bitcoin have unfix value because of its unstable price.

In my opinion, if bitcoin is used as a means of payment, it is already money, because it fulfills their main function. In countries where bitcoin is either recognized by certain regulatory acts as a means of payment, or simply perform this function even without official recognition, they are in fact money there.

[Heronzkey]

the two are really different because bitcoin is a decentralized digital currency and a btc is bigger than our money so the two are identical, although you can not use the bitcoin to buy it but when it's converted to we have money available.

[GeorgiyBilyk]

paper money at any time can come to take away or confiscate! Our government has put us on paper money to make it easier for us to manage! The government at any time can print the right amount of money, for their own purposes! But inflation will take place in the country, and we must cover these expenses out of our own pockets! With bitcoin exactly the opposite!No one will ever be able to take away or block my money! By this very interesting time .... !!!

[decoder88]

I think bitcoin is a very popular online asset, but paper money has become one of the official means of payment that has been recognized by the government and the state. While bitcoin, currently only recognized by some countries only

There is still a lot of things to be compared between a money and bitcoin being a cryptocurrency. Both is popular but money is popular among all the people, and for offline transactions and also money is centralized compared to bitcoin, money value depends on each country. While bitcoin is only a popular online asset, only popular with countries that recognized it. It is more for online transactions and it is decentralized compared to money. And it's value is only one but differs when exchanged to your country's currency.

[ALI AKBAR]

Bitcoin is a digital virtual currency that is invested for the future. On the contrary, money is used for everyday purposes. Bitcoin is an unmarked currency that has no fixed value but has a fixed value of money. Bitcoin may not have a time, money will always be there. Bitcoin can not be traded in some countries, but money can be traded in any country.

[Pan Troglodytes]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

Yeah I read that book. I didn't recognize the title at first. The author claimed that the currency of the future would be based on clean energy (CO2) certificates, if I correctly recall. So much about his forecasting ability. But I admit, that the main part of the book, i.e. history related, was amazing and enlightening a great deal!

we can't compare bitcoin with money because of the decentralization system.bitcoin is decentralized while money is centralized.we can see Money is more stable than Bitcoin.we can also seen that bitcoin use only online by Internet but money use everywhere. so there are so many cause we can't compare bitcoin with money.

Since when the definition of money includes that a central bank or other central authority is behind it? Maybe this would be a part of a definition of fiat, but fiat is quite a new invention, you know. For all the human history people used money that either was gold or silver or was privately minted as a convenient way to normalize the gold or silver content of each coin.

[BTCsuccessor]

I believe that bitcoin is money, only in the electronic version, may soon throw away real money?!

right.
the bitcoin is money? but it is in virtual currency?
in the future we do not need money anymore? That is your point?

[Leyss]

The most significant obstacle why bitcoin is difficult to compare with money is the high volatility of bitcoin. The absence of stable prices will not allow bitcoin to fully compare with money. In bitcoin it is impossible to plan the indicators of the country's economic development, since the price of bitcoin will constantly and substantially change. Also, the money of any state is always provided with gold and foreign currency reserves and the country's gross domestic income, and bitcoin is not provided with anything and its price depends only on the ratio of supply and demand, and demand largely depends on various news. If the rate of money is always supported by central banks, the rate of bitcoin is not supported by anyone. Therefore it is rather difficult to equate bitcoins with ordinary money.

[AntonKrutkov806]

The release of the quantitative number of bitcoins is limited. This stimulates a decrease in the rate of its production to zero.

[alisaserdceva]

Then when all bitcoins are "mined", their price will increase at times. Therefore, the earlier you start investing in bitcoin projects, the more chances to become a millionaire.

[kuckong]

because bitcoin and money are two very different things bitcoin is a decentralized digital currency is not controlled by anyone and bitcoin is an asset for investment while money is controlled by the central bank and used for the means of payment we use a day to meet the needs of life.

[Mpamaegbu]

I thought we had always been on that comparison right from the beginning, SMH. Isn't that how the bitcoin value is arrived at in the first place and its superiority to the dollar and other fiats? Of course, that's how. On the other hand, that is about all the comparison yhere is because something has to be paired with something to get a value. But as distant as the day is from the night, that's how Bitcoin is to fiat. Both technologies are poles apart. Exchange media and supply are also different. Fiat can survive without the Internet but Bitcoin can not! The internet is the life wire of cryptocurrency.

[faker_lol]

I think BTC represent for new technology!

[laryillary]

At different times, feathers were money. The shells were money. Dollars and the euro is money. Gold and silver are money. Bitcoin and other crypto-currencies can also be money.

[Dewao]

At different times, feathers were money. The shells were money. Dollars and the euro is money. Gold and silver are money. Bitcoin and other crypto-currencies can also be money.

Yes bitcoin is also a money because we can buy some thing we want through bitcoin as long as the store accept bitcoin payment we can do that, but the price of bitcoin is not stable and we need to know  that.

[maaydin]

well this was the whole point of the btc invention where they compared it with money but in current circumstances btc has deviated from being a money as it is more an asset or a form of investment.

[bbcolex]

If only btc has no or lower fees then it could have been stronger than fiat. yeah bitcoin is expensive because of it's supply but who wants to use bitcoin when you purchase a 10$ thing with 20$ fees, where in fiat you can buy basic things with no fees.

[syamster]

Actually it's both good to know and to have because they have benefits to others company so compare digital money to real money is no use at all,i think in the future the value of digital money is so high but still we need real money in life so even it's both money with different value still we need this in life so it will continue to be useful in future anything happen to the price.

you can not really compare bitcoin to money because bitcoin is a digital crypto currency that makes money while the money comes from your salary if you are working from the same level as bitcoin in different currency.

We can use bitcoin for both reasons as it can be used as currency or money and it can be used as an investment and as an asset so the real fact it that we can use bitcoin to have multi benefits, actually it is true that bitcoin is the digital currency while money is the real money only but gradually in our community bitcoin is getting more famous and more useful than money, we can buy everything with bitcoin and at the same time we can save a lot of bitcoin as saving too.

[makolz26]

Actually it's both good to know and to have because they have benefits to others company so compare digital money to real money is no use at all,i think in the future the value of digital money is so high but still we need real money in life so even it's both money with different value still we need this in life so it will continue to be useful in future anything happen to the price.

you can not really compare bitcoin to money because bitcoin is a digital crypto currency that makes money while the money comes from your salary if you are working from the same level as bitcoin in different currency.

We can use bitcoin for both reasons as it can be used as currency or money and it can be used as an investment and as an asset so the real fact it that we can use bitcoin to have multi benefits, actually it is true that bitcoin is the digital currency while money is the real money only but gradually in our community bitcoin is getting more famous and more useful than money, we can buy everything with bitcoin and at the same time we can save a lot of bitcoin as saving too.

That is right, bitcoin is just like money that we can use all the time, time will come that a lot of  companies  will eventually wanted to have bitcoin as one alternative way of payment, just like what is happening in Japan right now.

[ombir]

I have gone till it is a bit of a real currency which is invested in a big way. And money has a fixed value, it can be used anytime, whereas the unexpected value of bitcoine is due to the upx value.

[cheesegrilledH]

Bro it hasn't still replaced fiats so still fiats are superior to it and so they will be naturally compared

[1battermainsheet3]

I don't wanna interfere with btcs much cause If I do so I will rather start hatibg them or get addicted to it completely LOL

[Codename23]

Bitcoin and money should not be compared to each other because bitcoin is a digital crypto currency that produce money while the money is something people use everyday in their lives to buy, pay or to have something they wanted. Also money is become part of the people everyday while bitcoin is not because not everyone uses bitcoin. There is a big differences to bitcoin and money so it should not be compared to each other.

[bryan21]

Bitcoin and money is different things. In bitcoin we can earn some money and do investment, not legalized yet, the price not stable yet.
For money already accepted in worldwide and also all sectors industry like bank especially. The price is still stable.
For me bitcoin is assets like gold, but bitcoin still more profitable more than gold.

[the rise]

Bitcoin and money should not be compared to each other because bitcoin is a digital crypto currency that produce money while the money is something people use everyday in their lives to buy, pay or to have something they wanted. Also money is become part of the people everyday while bitcoin is not because not everyone uses bitcoin. There is a big differences to bitcoin and money so it should not be compared to each other.

I read a different article in which the Japanese state acknowledged bitcoin as legal tender, so bitcoin can be used as a means of mass payment, if this is true then your argument can be refuted at least there is a country that recognizes it.

my assumption is slightly different from bitcoin is currency which also perfungsi as commodity asset that can be accounted like gold and property, while fiat only as currency only.

[anavir]

both do good to us but they have both differences:in bitcoin we have to convert it to monetary unit in order to use it,we cannot save it in the bank as it is not yet accepted and it requires internet in order to have access or to used it..in short for me bitcoin is an investment that gives as money while money is our day to day used in purchasing without using internet or with out the needs of converting it

[Doy17]

bitcoin is easier to use and easy to carry while money is more complicated in payouts

[zhopas]

Money is the most important thing in people's life especially for those who didn't know what bitcoin is and how they earn in bitcoin. While Bitcon is a digital currency and it is not recognized by banks as currency however it is used as payment for goods and services.

[Arata]

I think comparing money with bitcoin is not worth it, not apple to apple. Bitcoin is arguably an asset of wealth investing (in digital form). So, I think it will be worth it and apple to apple if it compares bitcoin with other investment assets such as property, gold, stocks, mutual funds and bonds.

[whirlcoin]

Because the traditional money system was found long long ago but the bitcoin was found just 10 years ago and both are money and have value and both price will change according to the demand and supply.But availability of fiat money is huge so change in their demand doesn't make big change in the value but bitcoin is limited availability so small change in the demand will change the price too.

[nurilham]

Money is the most important thing in people's life especially for those who didn't know what bitcoin is and how they earn in bitcoin. While Bitcon is a digital currency and it is not recognized by banks as currency however it is used as payment for goods and services.

I agree with your opinion. currency and bitcoin have their respective functions and have advantages and disadvantages. so we do not bother comparing the two. which is important we can use both currencies properly and properly. so we are more easily in the transaction after knowing both currencies well.

[volcanofetusK]

Every natural investment stock value is measured in daily circulated cryptoz so its not astonishing is it?

[tartecyst7d]

I don't know but I just know that they do so anyway I am just a mere miner you know

[safeend6]

I think its better to compare because comparing a beginner to an expert for the evolution of the novice

[Jemcrew]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

Objectively, the money is merely a sheet of paper, why? The paper is acknowledged by the state of hawaii government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, riches assets are terrible, that currency is priced when compared to other currencies. To understand more about currency you can see the e book "War Money" nh?!

Bitcoin is generally accepted by the community and is priced against USD or gold so it is worth it.

In short, every value is converted into yellow metal. But gold has some major disadvantages so new alternatives can be found such as money now Bitcoin.

[northcoin2018]

Everything in this world has its own definition, everything has its uniqueness.

Yes they have uniqueness in many aspects but basically bitcoin and fiat money are both finances and involves in money. They differs in physicality because bitcoin is electronically operated and there is no physical money that the investor can hold. Fiat money is physically present and can be hold by our bare hands.

[Hwijaya29]

I think because the price of bitcoin over volatile. And bitcoin not real in object. It's against with requirement of money which is money must real and have a stable price. The most important is bitcoin didn't have back up from financial authorities.

[Leyss]

Bitcoin, perhaps, will someday be compared with money, however this process is very long. He can not be positively solved by some will. To do this, bitcoin must itself prove its necessity to mankind and its clear advantages in using as a means of payment. There is no other way.

[xamxam]

Both has their own advantages and disadvantages, but comparing with the same uses is something that no effect on the user. Bitcoin as we know being a crypto currency is good to use online and save money. Bitcoin can also be the number one digital currency around the world,unlike in paper money that you need to convert to the local money where you go before you use.

[gucci belt]

Prices and gold fluctuations are stable and the rest of the world recognizes them. Bitcoin trade is a high risk activity. Bitcoin prices fluctuated, where prices can change significantly over time.

[eriwis]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

People can create bitcoin or alternative coin but can't create gold. That's why bitcoin or any altcoin can not be equated with gold.

[broilsemla0]

We feel uncomfortable when we are compared to someone else. We all has some special ability which others don't. Same is the case of btc

[Similificator]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

Yes, you are right and I absolutely agree with what you are trying to point out. Clearly, the people that says that bitcoins is not deserving for the value it has and the trust that people gives into it do not understand or cannot see whole picture. Yes, they maybe degree holders and may be the best that there is in their fields and well educated but, they are dumb about bitcoins let alone this whole crypto industry. The worse thing is that they refuse to educate themselves about cryptos because they don't want to be proven wrong or even if they already did, they never wanna admit their mistakes because of their prides. Oh well, that would be their loss, not ours so I don't give a rat's ass about what they think or say.

[michellee]

I don't think that we can compare bitcoin with money because it's something different even for the purposes. bitcoin is not yet used in the real life and many countries don't accept and many people out there saying that bitcoin will scam you. people know money and they use it for their real life for many things and although we have different currency, still it's called money and every people in the worlds accepting money. but soon, after the technology is growing more than now, slowly people will agree that they need something that can cover what they need in both lives, online life and real life so both lives can work together and maybe bitcoin will be like a bridge which connected our real life and our online life.

[pekcoin01]

It's wrong to see Bitcoin as currency. Bitcoin is just a tool to make money.
If it becomes currency in the future, then it can co-exist with other currencies.
There is a quiet stock exchange now. I hope the prices will increase.

[Houseman]

Bitcoin is not a actual money, it still not very stable, so it cant compare with money yet. Besides, many people without better knowledge with the technologies of bitcoin will not like to have a digital transaction, thus for them money is still better.

[dvillier]

The two has their own preferences and inconveniences, however contrasting and similar utilization is something that no impact on the client. Bitcoin as we probably am aware being a digital money regards utilize on the web and spare cash. Bitcoin can likewise be the main computerized cash around the world,unlike in paper cash that you have to change over to the neighborhood cash where you go before you utilize.

[AlexAtom]

Almost everyone compare bitcoin with USD because they buy bitcoin to invest for future.
Once bitcoin price already high, they will sell to USD and use the profit.

[elloco4ever]

There is different between bitcoin and paper money. You can hold and touch paper money but you can do so with bitcoin.

After from the physical touch there are many differences as you can have control over your bitcoin but not the same with the fait money as it's the banker who controls our money and bitcoin can be used as online currency once it is accepted by soceity.

[boddy.dy]

We should never ever compare anything form one thing to another. If you are doing this surely you will live in insecurity and jealousy. In the case of bitcoin we should not compare this with money because they are different with each other. Bitcoin is a crypto currency which we don’t know who is or are controlling. Unlike with money which is globally known and acceptable and somehow we can say that a government agency is the one who is controlling this. It is the price or value which will bother us if we will compare those to every time. Because the price or value of bitcoin swings to much quick unlike with the money which has almost a fix value of price.

[Riverviwa]

yes its wrong to compare it because each has its own uniqueness so each has its own advantage and disadvantage

[Eclipse26]

There is different between bitcoin and paper money. You can hold and touch paper money but you can do so with bitcoin.

Why do we need to compare things? To prove that this one isnbetter than that? Then what will happen next? We dont need to compare bitcoin from paper money if I were just used it and be thankful that you have these two because it can help you financially. No more comparison to have peace here.

[Marry Finch]

Bitcoin, being a decentralized system based on cryptography, solves questions of trust between participants without involving a third party.
Trust is the cornerstone of any financial (monetary) system. In Bitcoin, the issue of trust between subjects is solved by mathematical and cryptographic methods. The trustee intermediary (bank) becomes unnecessary in monetary relations.

[shinchan123]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

Both bitcoin and money have things in common and that is they can be able to be utilized as mode of payment and both have their own respective value. But, what makes bitcoin so special is the fact that it is exclusive only through the use of internet which is quite good because the whole concept is advanced and good for the future.

[qwertyup23]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

There exist a distinction that you failed to realize.
Money or currency is something that has value due to being backed by something (which is gold) and IS GENERALLY ACCEPTED by the government of each country across the world. Money, the standard means of payment, evolved throughout the century wherein they first used coins as a representation of something that has value!
Bitcoin, on the other hand, has some restrictions and strict prohibitions in some countries across Asia. Some countries prohibit the utilization of bitcoin and they imposed rules prejudicial to its existence. All of these contribute on why its nature is decentralized and volatile (due to lack of any regulation among government agencies).

[xhoondilan]

If you want to compare bitcoin to money then your like comparing the gold into cash which is very different from each other, so basically bitcoin is like a gold that is only data and can be seen in digital world while money can be in digital world or can be withdraw as cash while in bitcoin there has no bitcoin cash yet.

[supermam]

Bitcoin is a digital currency and can be used also on online business that are accepting bitcoin as payment it can also be use in paying bills and other transactions while.paper money is use everyday paying also bills and can be use in small transactions.

[fokinflor]

Bitcoin is different from money in a number of money. You have to carry cash physically for transactions and this can be a problem for big volume. Bitcoins solves this problem as all transactions are digital.

[Rozita]

Bitcoin is different from money in a number of money. You have to carry cash physically for transactions and this can be a problem for big volume. Bitcoins solves this problem as all transactions are digital.

Carry cash physically?
It's ling time this problem has been solved with the help of credit cards and also debit cards. I don't think any one use money in form of paper for big transactions.

[cokkapaga]

Bitcoin and Money is different, We can't compared bitcoin with money
Bitcoin as an digital asset and bitcoin have limited to using in the real life and the bitcoin system is different with money.

[sneeze11]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

Actually if you're going to compare bitcoin with money there are so many difference. In money you can buy whatever you want because all store accepting money but when it comes to bitcoin few store only accepting bitcoin as a payment because bitcoin is not legal worldwide. I wish bitcoin will be legal worldwide someday so that we don't need to convert it to real money.

[mackenzie5]

Bitcoin is a virtual currency which can only operate through the internet mean time the money means a physical note which can direct transferable between the individual and the bitcoin also transferable through electronically.. The physical money can lose by theft or stolen and for the bitcoin no such chances. Bitcoin can be operate world wide  with out the third party interference. Meantime  the other money can only operate for a limited area.The bitcoin can be usable for the domestic service bill payment and shopping from the domestic and international etc.

[kiki80]

Bitcoin can not be compared with money because bitcoin is a digital currency which is internet system while money contributes to its advanced economy and can also be a transaction inside or outside the country, there is no reason to compare money and bitcoin because both can also useful for the community

[Markyway88]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

I want also to buy and read the "Money War" because it sounds interesting!
Like what you have said,  bitcoin can be an alternative way to pay and send money using technology. I can say that fiat currency value can fade and the value of money is just a government issue. In short, the fiat backed by golds is useless if the country did not anymore accept it. Unlike with bitcoin, government can't make a change to its value because it is decentralized and the only problem I could see tl bitcoin is banning of the government.

[Jackblack90909]

Bitcoin is indeed money in my opinion, and it is a very valuable currency. Of course fiat currencies and paper money are still used and popular worldwide a lot more than BTC and crypto currencies, but the Bitcoin's community keep growing up with time, and governments will be forced in the future to support this digital currency.

[crazy-pilot]

Bitcoin helps a lot of ordinary people to earn that’s why it is hardly ever disappear. It shows stability through the years and I believe it occupies a strong position and I’m sure that you are right.

[NelfiNovita]

we do not need to compare real money with bitcoin because we we need them. at this time we still can not buy something with bitcoin across the country therefore we also need real money to use as a means of payment in a country that has not received bitcoin as a legal means of payment.

[Harpawan]

Between bitcoin and money can not be compared. Both are the same instruments for the sale and purchase transactions of different communities.
We still need money anywhere anytime. While bitcoin can not be used freely and users are limited.

[mkcube]

Both of them are the same.We use money forfor we need to buy anytime.Bitcoin can not be used freely and users are limited.Bitcoin ca not compared to money because bitcoin is a digital currency which is internet system while money contibutes to its advance economy and can transact inside or outside the country.

[Bitcoinnumberone]

BTC is a peer-to-peer network and is thus backed by peer-to-peer trust. Take a look at what happened in India recently (the demonetization of 500 and 1000 rupee notes). One night the Prime Minister came on live television and said "all your money is now worthless", and like magic, it was. Millions upon millions of dollars in value evaporated simply because of one man's words. Where is your gold?

When it comes to bitcoin, no one man has such power. Fuck, Trump could go on live TV and say "bitcoin sucks" and we'd probably see a 10% drop and swift rebound. When you give power to the people - entirely, without someone to act as a central authority or deity, that is when you have a true miracle. Bitcoin is that miracle, and fiat's got nothing on it.

Bitcoin will be used online while fiat money will be used offline. Money's value is set and constitutionalized while bitcoin's control is undertermined. Bitcoin and money could actually co exist in the near future.

[Gatot84]

For me money is more stable than bitcoin. In the price has become fixed for money but the bitcoin is still not predictable straightforwardly. If you look at last year's price in the end its value is $ 15,000. In this year I think the value will also increase as last year. Some people also say that this year the bitcoin will break out to reach $ 25,000. On the other hand it is possible to see the fall of bitcoin extensively no one can predict the bitcoin price.

[chawity]

For me money is more stable than bitcoin. In the price has become fixed for money but the bitcoin is still not predictable straightforwardly. If you look at last year's price in the end its value is $ 15,000. In this year I think the value will also increase as last year. Some people also say that this year the bitcoin will break out to reach $ 25,000. On the other hand it is possible to see the fall of bitcoin extensively no one can predict the bitcoin price.

Yes, Money is fixed in price rather than Bitcoin which is very volatile and flexible in price in the market. But, in terms of investments issues, I may be prefer with bitcoins. As we can see, there are lots of Bitcoin millionaires and billionaires nowadays, and it’s because they tried to hold their bitcoin for a long time. And i think that it will still be more flexible these days and it will increase a lot!

[rodskee]

paper money and bitcoin are have different function as currency paper money had an stable price in the market control by every nationality or government own currency, unlike bitcoin as decentralized currency difficult to control and not control by the government and bitcoin centralized currency worldwide unlike paper money every country have own currency.
simple to understand bitcoin as currency use the new technology computerized system easy to transact aqnd holding of bitcoin are profitable for us as investment.

[Glutius]

I don't think we should ignore the obvious human factor of greed. The authorities will delay the maximum event of comparing digital money with paper. This simply unprofitable. They will not be able to fully and profitably manage digital currencies for their own purposes, as it can be done with paper money.

[senne]

I think its nothing wrong as it is generally a crypto stock that is calculated on the basis of fiats only

Moreover, Bitcoin is form of a virtual currency that helps us to buy new communites online and various new coins. It has served as a purpose of money at various occasions then, why to resist to compare it with money. Infact, it is kind of money so there is no comparison the only comparison one can see is the kind of usage we take with this crypto currency.

[Yakapo]

THESE ARE TWO VERY DIFFERENT CURRENCIES, in fact, the most basic difference is that Money is toungible while BTC is not. Fiat currently have the advantage a its recognized by the governments while to all governments recognize BTC.Bitcoin is still a new technology that will be embraced with time, and when it does, it will challenge fiat, or even phase it out

[LindaFallar]

As a wise person, you can really compare Bitcoin from
money. You woud ask yourself what is the difference of using Bitcoin from money? What do you preferred, is it your Bitcoin or your money? Well these are the questions that you have in your mind when it comes into Bitcoin and money. Al I know is money can be seen or simply tangible while Bitcoin is not.

[mackhoy]

They may have similarities but they can never be the same at all. Money is guaranteed an ultimate cash you can have to make a transaction. Bitcoin can also do the same but do exist only in virtual. However, both have the same value but different in its form. Pro's and con's are almost same with both but what is more important is the value of it that you will enjoy.

[Valzzz005]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

Simply because they are very different in amy ways like for example the money are stable and accessible by a lot of people even the beggars because we can easily gave it to them and it is the traditional way so even the elders do it. While bitcoins are the modern one and it needs a lot of medium in order to access it because it first meed an internet connection and a device so beggars cannot access it so if that will be the case then there will be some discrimination that will occurin the

[Sadlife]

Bitcoin is far ahead than paper money because it is backed up by miner that mines block and confirms a transaction then gets rewarded. There are major factors that makes bitcoin valuable, it is the supply and demand a decentralized currency that makes it popular.

[JoshKulot]

Comparison between Bitcoin vs Money is quite edgy but good topic.
-1 Bitcoin is equal to $8,150 *coinmarketcap update
-1 Dollar is equal to $1 *any dollar
Very interesting huh. But if bitcoin if ever be over its value will be zero and money still the same.
-Bitcoin cannot be burn or vanish physically
-Money specially paper cash can
"Who the hell will burn his own cash?"but the point is bitcoin cannot be destroy physically.

[brontosafar]

at the present time, we cant compare bitcoin with money. because the technology has not been so developed in the sector of financial. but if the bitcoin can "survive" till the future time, doesn't rule out the possibility that bitcoin will replace money or fairly compete with money. 

[drm]

One has an unlimited supply, is centralized and controlled by the government and the other is decentralized with a limited supply (arguably for some though )

[kolinko]

Because money has been used throughout so far. Everyone knows the money. But since the bitcoin appeared quite well countries around the world, especially developed countries. In the future I think bitcoin will be used as traditional money.

[Roaid]

Gold was no longer a guarantee of banknotes long ago. The current fiat currency guarantee is government credit. The more credit a government has, the more stable the price of its banknotes. Positive examples are the US dollar, the euro and the Japanese yen, while negative examples are Zimbabwe, Venezuela, and most recently Russia.
Similarly, bitcoin's guarantee is a consensus that bitcoin proponents affirm the value of bitcoin. From my personal point of view, this value is a relative value, and the counterpart is fiat currency. How much do you not believe fiat currency, to some extent you have more believe in the value of bitcoin.

[Sumartini]

no it cant be compare. money is more commercial exchanger for daily life, while bitcoin is one of instruments of investation. while money is vollatile is price because of inflation and small things which make its more stable. viceversa wth cryptocurrencies.

[cotton ball]

Gold was no longer a guarantee of banknotes long ago. The current fiat currency guarantee is government credit. The more credit a government has, the more stable the price of its banknotes. Positive examples are the US dollar, the euro and the Japanese yen, while negative examples are Zimbabwe, Venezuela, and most recently Russia.
Similarly, bitcoin's guarantee is a consensus that bitcoin proponents affirm the value of bitcoin. From my personal point of view, this value is a relative value, and the counterpart is fiat currency. How much do you not believe fiat currency, to some extent you have more believe in the value of bitcoin.

because money is not as complicated as bitcoin that functions as a commodity like gold and property, in the future bitcoin even has the ability to become a fiat currency guarantor with various altcoin in it (national and legal). If bitcoin is applied today it is very risky because it will bring active inflation. so bitcoin should stay focused on its own market and go hand in hand with other economies as a benchmark.

[kolateral]

the bitcoin transaction is just so long not been recognized by the bank the money that we hold most of our citizen not yet known bitcoin more they know the money they see now the bitcoin has not been recognized by our bank

[Anita1873]

It is not comparable now as fiat money can be used every where but bitcoin cannot be used as money everywhere because bitcoin is a digital currency and we don't have digitization available at all places.

[Amuloko]

Impossible bitcoin can not be compared with money, money is quite spend in every country, unlike bitcoin wallet it is only recognize in some countries

[zolfa]

the transaction model continues to innovate every year, with the purpose to ease our lives.

gold and fiat are now considered boring, both of which have limitations, gold has value and luxury but its function is limited, fiat is also unreliable to defend a country's economy.

so now bitcoin controls all the functions of the financial system.

[Hassan02]

It is not comparable now as fiat money can be used every where but bitcoin cannot be used as money everywhere because bitcoin is a digital currency and we don't have digitization available at all places.

There is a lot of reason why is this as a digital currency cannot be compared on fiat and yet this is the first reason is on how we can be able to use this anytime and anywhere so that is why butcoin has its own world to be on how we can use it and also fiat has its own world too.

[Yohr87]

Bitcoin vs Money have many differences because money is controlled by the bank which accepted by the government and it is printed in paper and its price is stable.On the other hand bitcoin is digital currency and it is not controlled by the bank or no one contro!l it.and in bitcoin its price is volatile.And bitcoin is new compare to money.

[imToken]

Many people think that Bitcoin is worse than money, because money is recognized by the government, and Bitcoin is currently only recognized by the Japanese government and has not been recognized by more countries. Therefore, people always worry that Bitcoin will on which day suddenly became 0.

[EVIAJOHNPAUL]

No one can compare bitcoin to money because bitcoin will increase or decrease in the digital system and money will increase by the currency of different country then by using btc coin the money are must valuable from bitcoin but people are used is have a limit unlike bitcoin no limit to get.

[ringgo96]

It is not comparable now as fiat money can be used every where but bitcoin cannot be used as money everywhere because bitcoin is a digital currency and we don't have digitization available at all places.

There is a lot of reason why is this as a digital currency cannot be compared on fiat and yet this is the first reason is on how we can be able to use this anytime and anywhere so that is why butcoin has its own world to be on how we can use it and also fiat has its own world too.

correct. between digital currency and real currency is very different. digital currency more profit. because we do not have to worry about too much money we have and lose. security is also better

[markk94]

yeah you can absolutely compare those two currencies, but surely that bitcoin would win in many different way. the one that i think bitcoin is different from money, money is being likely controlled by government or even some nation. but, bitcoin have no one could controlled it. imo.

[Omosomofa]

Less volatile than cash, Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online. Ease of online shopping ,As we already know, Bitcoin can us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money. Bitcoin is digital and decentralized , With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. Cash is controlled by banks. There  so many reason why it can't be compare to cash money.

[chuanpu]

I think the value of Bitcoin is huge, but the price of Bitcoin still has a big change, so Bitcoin is more risky than gold, so I don't think current Bitcoin can be a collectable one. thing.

[Fairy_90]

Longevity: Bitcoin money can be lost or stolen, but it certainly can not be destroyed. In the meantime, conventional money can easily be lost, stolen or destroyed, however, the damaged money can still be replaced without sacrificing value. With Bitcoin money, when we back up properly, it will last forever.BTC is a digital product, so it is easy to transport free bitcoin anywhere in the world, as long as you can connect to the internet. Traditional cash transfers are easy with just the right amount of money, but for a large amount of money, we need the support of specialized equipment and other means of transferring funds. , must declare customs if they want to cross the border. Traditional coins are circulated under the auspices of the government. Therefore, we have to accept it and pay taxes when using it. With Bitcoin, though nearly 5 years old and not yet widely available, many large retailers have begun accepting Bitcoin payments. Apart from gold and some other assets and commodities, many professional and institutional investors have started adding Bitcoin to their portfolio.

[michellee]

there is a different between bitcoin and money and we know that. bitcoin cannot use as the payment in many country for now and only a few country that accepting bitcoin. but soon, if bitcoin is accepting in many country then maybe we can compare bitcoin with money but until that times, it is better to collect as much bitcoin that we can so we have a big chance to make a lot of money in the future.

[dante golo]

Perhaps because money is a real form so anyone can save and have it while bitcoin is still a lot of people who do not know more widely so they are not too focused to have it even to try to invest.

[johncartersr]

Actually it's both good to know and to have because they have benefits to others company so compare digital money to real money is no use at all,i think in the future the value of digital money is so high but still we need real money in life.

[Krillin61]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

when it talks about the value the bitcoin which is a digitalmoney is more valuable than the real money, but actully having this both is still good because those two has their own advantages and in real world we need a real money.

[crazy-pilot]

I don’t think that bitcoin will disappear at all. It has already existed for ten years. Maybe in twenty years there will appear other crypto currency or a new technology will be created which will substitute bitcoin but not eliminate it. It has already overcame the barriers shows stability. We can’t say for sure.

[Dudeperfect]

Bitcoin is nothing other than another form of money. Now, money can be anything that holds value with it and having the ability to transfer from one point to another. However, the system on which Bitcoin is based has its own philosophy of decentralization. It will take time to inculcate the habit of using a single unit of currency across the globe irrespective of any regulation and controlling authority. There are some issues with it but things will improve down the road.

[Sid3d]

I have never had to pay for the purchase of a crypto currency, but I've already seen a lot of online stores that accept bitcoin as payment. So I think that bitcoin is money

[fattyforhire]

Both bitcoin and ordinary money have their own unique advantages, but I still remain in the opinion that the future is only for bitcoin.

[WebTera]

And yet we are forced to measure the value of all currencies in the rotet, as it is really tested for centuries and millennia.

[Urbinklin]

Although we can not do without the usual money, I still prefer to have bitcoin and think that soon the world will begin to switch to the cryptocurrency.

[Harrisonimo]

To me, Bitcoin is money but not readily spendable. The only difference is that money/fiats is readily spendable. The Bitcoin process of conversion is another thing that limits its acceptance in readily spending it - liquid cash. But I believe with time, there will be an easy merger and you can spend which ever you prefer.

[Vladv26]

It is not the same thing having paper money or a credit card or having bitcoins in your wallet. Can you use bitcoin to pay for your food, clothes or for a bus ticket? You can't but you can use money. Another problem is that bitcoin volatility is to big everyday. For example if you get your salary paid in bitcoin but you wait until tomorrow to exchange it then there is the possibility of the price falling even with 10-20% and you lose a lot of money which you worked for. The price could also go up but are you willing to take this risk of losing 20% of your salary? Probably not

[boy130]

Bitcoin and money are similar in that they are a store of value, but they operate on two different paradigms. I think it's more appropriate to compare bitcoin to objects within its own reference frame, such as visa or paypal, whereas fiat currency could be compared to gold or silver as they are transacted similarly.

[BountyX]

This OP is quite confused, it is not clear what it wants to say. But as for the title of the thread, the reason why you would not compare Bitcoin to money is that 99% people are considering it as a store of value, like gold.

[awawo]

Well every generation comes with it own technology and bitcoin is the new technology in this 21century and at that bitcoin is able to beat the Price and value of gold in the exchange market. Bitcoin can not be compared to gold or paper money because bitcoin is a currency and at the same time an assets.

[Pinkris128]

Both bitcoin and ordinary money have their own unique advantages, but I still remain in the opinion that the future is only for bitcoin.

Simply because they have lot of differences and characteristic. Bitcoin was exist in crypto world. Aside from that their value was not the same and bitcoin was volatile that can change every single second. But they have also similarities especially they are both currency that helps us financially.

[Addywealth]

yes, bitcoin should be compare with money of even gold. bitcoin has been a legal tender in some part of the world especially where bitcoin is allow to be traded in the financial market. bitcoin buy and sell online and offline e.t.c

[keeee]

Bitcoin and money are similar in that they are a store of value, but they operate on two different paradigms. I think it's more appropriate to compare bitcoin to objects within its own reference frame, such as visa or paypal, whereas fiat currency could be compared to gold or silver as they are transacted similarly.

Yes they are both a type of currency that exist in the different world they have their own function and usage. Why we do not compare bitcoin with money because they have their own unique characteristic that the other one doesnt have. In fact comparing them wont change anything. Why nkt used them for your financial need.

[Lazada]

Some people claim that bitcoin can not be compared with Bitcoin, they think that real money and Bitcoin are different from different aspects. But I think that actually Bitcoin can be compared with real money, see the same function and can be used to perform financial transactions. Bitcoin also has value, but indeed very fast price fluctuations sometimes make many people worry. Even the government is still many who think that Bitcoin is a dangerous thing. Back again to the mindset, I think Bitcoin has many benefits and there are many positive sides of it as well. Currently I am still using Bitcoin and I think in the future we will be more familiar with the digital currency.

[binghope]

In my opinion, nothing can replace cash, because cash is liquid and they are very convenient to buy goods and services. Cash usage is right for everyone and the risk of losing money is minimal. In Bitcoin, they have a lot of risks in terms of price, hacker risk, technology risk, etc., so Bitcoin can not replace cash in the future.

[wolfracer]

Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.

The clear differences between fiat money and bitcoin is the reason why maybe some do not refer to it as money, as for example and the most marked of all, is the intangibility of bitcoin.

The transactions made by bitcoin are only technological, which impede its absolute mobility. Also, its value is always in constant growth, which gives indications of considering it more as an investment good than as money.

[goldcoinminer]

In my opinion, nothing can replace cash, because cash is liquid and they are very convenient to buy goods and services. Cash usage is right for everyone and the risk of losing money is minimal. In Bitcoin, they have a lot of risks in terms of price, hacker risk, technology risk, etc., so Bitcoin can not replace cash in the future.

You may have your point too.But what i like about bitcoin is its value when converted into cash.Even if we say the price is in a dump,but when you convert it into cash,the value us still very high that's why most people are really attracted to store bitcoin.