Bitcoin Forum
December 13, 2024, 10:08:59 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 [10]  All
  Print  
Author Topic: Bitcoin is not money  (Read 11663 times)
Naida_BR
Member
**
Offline Offline

Activity: 980
Merit: 62


View Profile
June 01, 2019, 06:42:27 AM
 #181

Bitcoin is not money. it is a digital currency for the internet.
It's used like cash by millions of people and machines around the world.
Bitcoin is used in business, online shopping, and others.

Can you define the difference detween money and currency?
They have the same use. Cash is money and you say that bitcoin is used just like cash so what it the difference between them?
adzino
Copper Member
Hero Member
*****
Offline Offline

Activity: 3052
Merit: 576


www.Crypto.Games: Multiple coins, multiple games


View Profile
June 01, 2019, 07:00:50 AM
 #182

Bitcoin is not money.

It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
If that's how you describe bitcoin, then how would you describe dollars and other fiat currencies? According to you, those are also some artwork sketch of George Washington, Benjamin Franklin, Abraham Lincoln and other presidents. It is just that those paper notes are not limited edition and unlimited amount of those notes can be printed Sad. And don't you think limited editions are better than just the regular?

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
DmitFomin
Jr. Member
*
Offline Offline

Activity: 280
Merit: 3

BTC $1 mln.


View Profile
June 01, 2019, 09:30:20 AM
 #183

Bitcoin is not money.
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
If that's how you describe bitcoin, then how would you describe dollars and other fiat currencies? According to you, those are also some artwork sketch of George Washington, Benjamin Franklin, Abraham Lincoln and other presidents. It is just that those paper notes are not limited edition and unlimited amount of those notes can be printed Sad. And don't you think limited editions are better than just the regular?
I think he thus expressed his admiration for bitcoin and how valuable it is that bitcoin has a limited amount. The dollar is more like Dogecoin which has no emission restrictions.

BTC $1 mln
ttcsalam
Copper Member
Jr. Member
*
Offline Offline

Activity: 1120
Merit: 2


View Profile
June 01, 2019, 09:38:50 AM
 #184

It is true that bit coins do not make money. But we can measure it in money. It is a digital currency. So it can not be compared to what is less than money, because it has started giving world-wide recognition as a means of exchange.

███    TWITTER     █████████████████ KeyFund ████████████████████     WHITEPAPER     ███
███       ANN                  ██████  AUTONOMOUS YIELD TOKEN - DEFLATIONARY MECHANISM  █████    FACEBOOK PAGE    ███
███  TELEGRAM  █████████████████     SWAP      ███████████████████       MEDIUM      ███
markstivn98
Member
**
Offline Offline

Activity: 154
Merit: 13


View Profile
June 01, 2019, 10:15:50 AM
 #185

Bitcoin is not money.

It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
Maybe it is not real money but you can use currencies to get real money, or you can buy products through digital currencies in some countries
_Django05_
Sr. Member
****
Offline Offline

Activity: 403
Merit: 257



View Profile
June 01, 2019, 10:19:41 AM
 #186

Bitcoin is not money.

It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)

Bitcoin and other cryptocurrency is a solid means of exchange. It has many advantages over classic money, but also has its drawbacks. The fact is that it is a valid, fast, cheap and powerful new means of exchange.
RomanPetrush
Full Member
***
Offline Offline

Activity: 630
Merit: 123


Join @Bountycloud for the best bounties!


View Profile
June 01, 2019, 06:32:08 PM
 #187

Heh, money is not money. That's just an idea of exchanging something for something. Bitcoin does the same. It offers technological numbers for counting.

Spider A4
Full Member
***
Offline Offline

Activity: 657
Merit: 100



View Profile
June 01, 2019, 08:19:08 PM
 #188

Bitcoin is not money.

It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
I don't know how you treated with Bitcoin. It's a virtual currency that means digital money and we are using that almost too many sectors. I can't compared both of virtual money and Physical currency and crypto never replace FIAT money.
iamike
Jr. Member
*
Offline Offline

Activity: 314
Merit: 1


View Profile
June 01, 2019, 08:43:45 PM
 #189

Bitcoin is not money.

It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)

That is how I see it. Bitcoin is not money. It is rather an asset like gold, silver, diamond and other precious mineral. We buy and hold it. We sell it when the price goes up. Aside this, I have not seen any other case use of bitcoin.
PDAngel
Full Member
***
Offline Offline

Activity: 574
Merit: 100



View Profile
June 02, 2019, 08:30:44 AM
 #190

Lets just say bitcoin is not a money, but everyone used it to make money lol!. Bitcoin is a very useful tool with a lot of functions that can give you a lot of benefits that makes you rich in short "bitcoin is money".
candra raditya
Copper Member
Newbie
*
Offline Offline

Activity: 455
Merit: 0


View Profile
June 02, 2019, 09:21:11 PM
 #191

Fiat is also just a piece of paper and because paper recognition has value, and I think it's the same as bitcoin because bitcoin has value then bitcoin can also be used as a payment method.

███ TWITTER █████████████████ BLUM - All Crypto — One App ████████████████████ DISCARD ███
███ LINKTR.EE ██████ BLUM - All Crypto — One App █████ LINKEDIN PAGE ███
███ TELEGRAM █████████████████ BLUM ███████████████████ YOUTUBE ███
rodel caling
Full Member
***
Offline Offline

Activity: 952
Merit: 104


View Profile
June 02, 2019, 09:34:06 PM
 #192

Some people saying  bitcoin isn't a money specially people the against in bitcoin, some people say bitcoin is the new kind of money use in future to replace fiat.
Meaning people need to educate well the importance of bitcoin as new future world currency to make all easy way using new technology.
For me bitcoin is money because I can use to pay my bill using online and I can use it to buy food converting into local feat.
Nellayar
Full Member
***
Offline Offline

Activity: 868
Merit: 185


Roobet supporter and player!


View Profile
June 02, 2019, 10:35:28 PM
 #193

Bitcoin is not money.

It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
We all know that since from the start. Bitcoin is a digital currency that uses to pay, send or receive btc in a peer to peer system. Bitcoin is not a money because fiat is a tangible thing used in order to pay also. They have the same uses but they are different in forms. Because bitcoin is a new brand of currency that performs by Internet.

kogozer714
Copper Member
Member
**
Offline Offline

Activity: 593
Merit: 10


View Profile
June 06, 2019, 01:40:06 AM
 #194

I think bitcoin is not a work of art as you say, bitcoin is a currency that has been widely developed and has many functions. if you consider bitcoin is a work of art you must learn bitcoin more deeply and understand the purpose of making bitcoin.
Pages: « 1 2 3 4 5 6 7 8 9 [10]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!