1A1zP1e (OP)
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May 20, 2019, 03:29:21 PM |
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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)
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Artemis3
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Merit: 1573
CLEAN non GPL infringing code made in Rust lang
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May 20, 2019, 03:32:40 PM |
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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)
Semantics... We are using "real" money to purchase chains of numbers. Its Math! (Or is Art Math? Math is Art?) |
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rdluffy
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May 20, 2019, 03:46:26 PM |
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So, what's money in your opinion? Because it's just paper and coins for me  |
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okala
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May 20, 2019, 04:00:58 PM |
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From your write up you ended up pointing out the currency in bitcoin, you said bitcoin is an artwork limit in 21 million and measure in 100,000,000 santoshi what is this your so called artwork use for does it just exist on a computer or use for purchasing goods and services with a tradable value on the exchange?
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nathandev
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May 20, 2019, 04:05:42 PM |
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Bitcoin and dollars are intrinsically worthless both are fiat currencies. The co-existence of two fiat currencies and its analysis is nothing new.
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nutildah
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All memecoin relaunches have been scams so far.
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May 20, 2019, 04:26:39 PM |
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Bitcoin and dollars are intrinsically worthless both are fiat currencies. The co-existence of two fiat currencies and its analysis is nothing new.
This account and OP were both registered less than an hour ago. Beginning some low level, cryptic (no pun intended) FUD campaign. You're supposed to read these posts and think "gee whizz, maybe bitcoin ain't so hot after all. Better invest in some shitcoin fork instead." |
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Ailmand
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May 20, 2019, 04:52:44 PM |
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If Bitcoin is just artwork, it shouldn't have multiple functions. Bitcoin is digital money that we couldn't hold physically but we can use it as an investment and a mode of payment so it's really multifunctional. I guess you still need to know how bitcoin works so you will be able to recognize that it's a currency and money.
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indoagung88
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Files.fm - Store, Share and Sell Files
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May 20, 2019, 09:29:18 PM |
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For me bitcoin is an extraordinary digital asset for the future. Since I first became acquainted with bitcoin and cryptocurrency, it has benefited me a lot. Bitcoin is very popular and has many fans spread in almost all countries. I hope Bitcoin will continue to grow well and be more beneficial for us all. Thank you satoshi nakamoto and bitcoin.
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Rahman11
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May 20, 2019, 09:49:22 PM |
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I don't understand what did you want to say! but bitcoin is money, absolutely money! but it's different then other regular paper money, it's digital decentralised money and now it's used by several countries beside other regular paper money! and I think bitcoin going more popular day by day!
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minersday
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May 20, 2019, 10:04:03 PM |
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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)
First and foremost, I don't think you really understand what the true definition of money means. Bitcoin is a financial tool which operates and function similarly like money. Money in my opinion is anything that can be used to exchange for goods and services which is also recognized by a large group of people and the entire world. I think you should rethink your opinion about bitcoin and spend some time to research and understand what Bitcoin actually means. |
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alina345
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Hello =)
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May 20, 2019, 10:08:55 PM |
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More than that actually. If you divide each Bitcoin up into a Satoshi you have 100,000,000 Satoshi in one Bitcoin.
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xvids
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May 20, 2019, 10:15:36 PM |
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We all have different opinion about Bitcoin.
And I really like yours it is a good one since artist spend so much money to buy a good arts.
And Satoshi's work would be the most expensive of all crypto's because it was the first and most rare of them all.
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sunsilk
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May 20, 2019, 10:22:45 PM |
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Money, cash, fiat can be used to purchase/exchange with everything that you want.
Bitcoin can be used like that, so what does money means to you?
And people start buying it now with their 'real money' to get another money (bitcoin). As you mentioned artwork, well a great piece of artwork is lucrative if it came from a famous art maker. Same goes for bitcoin if you want to sell it at current price. I can't get what you are trying to point out with your post.
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Astvile
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May 20, 2019, 10:30:19 PM |
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I dont even treat even fiat as a money,thats just a fake paper printed by the government which is being use to manipulate us.Bitcoin is more of like a gold.Good for investment but not even a money.People have different mind set for money
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Pasaway2701
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May 20, 2019, 10:42:58 PM |
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So, what's money in your opinion? Because it's just paper and coins for me Bitcoin is a form of money, just digital and can use to purchase online. Though we cant see it and never touch by a bear hand, you cannot say it is not money. Bitcoin works like a real money. You earn it, invest it to grow, and spend it. |
Dear GOD/GODS and/or MEMBERS OF SUPER-INTELLIGENT ALIEN CIVILIZATIONS: Please let CHAUL JHIN KIM win the NEW ZEALAND POWERBALL JACKPOT. He will use the money to set up his own RESEARCH LAB and find the CURES for CANCER and AGING! He will release the CURES into the PUBLIC DOMAIN! (a la Jonas Salk) EVERYONE regardless of wealth will no longer need to SUFFER! CHILDHOOD CANCER will also be HISTORY! Thank you! - A Faithful Believer. P.S. If anyone is reading this then please pray with me!
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Genemind
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May 20, 2019, 10:56:36 PM |
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So what's your definition of money, Op? Do you know the purpose why Satoshi made BTC?
He made it to be used as a mode of payment to make things more convenient.
It's only digital but it's still considered as money because it has a value and it plays a vital role in our lives now.
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lyks15
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May 20, 2019, 11:57:39 PM |
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In other world bitcoin is also kind of money if we look on it's function and it's essens. But there is nothing to talk about if it is money or not,the important thing is bitcoin ad other crypto serves as the fiat backup and future fiat that makes our every transactions more easier and serves as a investment or an extra income to all users.
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seoincorporation
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Merit: 3130
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May 21, 2019, 12:15:39 AM |
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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)
Do you use art to pay your bills? i don't think so. Bitcoin is money because you can use it to pay almost anything, and if you still thinking bitcoin is art then ask yourself how easy is to change art for money (without selling it cheap), and then compare that with bitcoin. |
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lepbagong
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Reward: 10M Sheen (Approx. 5000 BNB) Bounty
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May 21, 2019, 12:42:12 AM |
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Questions that are very confusing and seem to be confusing. I don't think it is necessary to blame Bitcoin whether it is not money or not, but in fact bitcoin is digital money, which can be used and exchanged into fiat.
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TimeBits
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May 21, 2019, 12:49:47 AM |
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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)
https://en.wikipedia.org/wiki/MoneyMoney is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context.[1][2][3] The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.[4][5] Any item or verifiable record that fulfils these functions can be considered as money. Money is any good that is widely used and accepted in transactions involving the transfer of goods and services from one person to another. Economists differentiate among three different types of money: commodity money, fiat money, and bank money. Commodity money is a good whose value serves as the value of money. I transferred my bitcoin money, into other goods and services plenty of times, never fiat, Bitcoin is money. I can even pay for my taxes here in Canada with it and I have to pay tax on it, until I created the "church or whatever you want to call it of bitcoin" You are right though, it is a form of artwork, some really nice nerd cryptography artwork. That is a antique artwork and only 21 million will ever be distributed. |
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