Yamifoud
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May 21, 2019, 01:10:26 AM |
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I think that OP never knew what he/she says. Definitely, a new troll in this forum and don't have enough knowledge with. It maybe Bitcoin is banned in their country and they can't use it that makes sense for him/her to say that "Bitcoin is not Money" cause they can't actually enjoy of using bitcoin instead of to stick with their fiat money.
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pushups44
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May 21, 2019, 01:16:03 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)
You can call it whatever you want, but people use it to buy things and as a store of value, so therefore it is money. At CNBC they even list BTC/USD among the major currency pairs.
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jakelyson
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May 21, 2019, 01:24:21 AM |
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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." I do not see this as a FUD campaign, but the opposite of it. He compares bitcoin to an artwork. A work of art have very high value and a limited one, even more. In a sense, he is like saying bitcoin has 21 limited very high valuables item divided into 100 million high-value pieces.
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Dontme
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May 21, 2019, 01:24:45 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)
I also think bitcoin is not a money, and I think that what you want to say is that bitcoin is an asset which is true. People are using bitcoin not a medium of exchange but being used for trading, mining, investing etc.. so basically it is used to earn profit, which is a function of an asset.
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uneng
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May 21, 2019, 01:28:24 AM |
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Interesting analogy. I think op just wanted to exalt bitcoin seeing it in a deeper way than just money. But in fact bitcoin is money, it's investment, it's an asset or even digital gold, if you want to call it this way.
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AjithBtc
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May 21, 2019, 01:51:24 AM |
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What Op has stated is an view from an artistic perspective, this is where the technology succeeds. It gets the way as we look upon. When we give consideration as a currency it is a currency having similar usage as fiat in our daily life. Whether it is money, art work, technology or whatever might be, we're in need of the same as it has got value.
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Rufsilf
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May 21, 2019, 02:17:33 AM |
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Bitcoin may not be the literal money that we use to purchase anything in the world but we can convert it to the accepted currency and buy something. If what your saying is true that it is an artwork, it shouldn’t have so much value attached to it.
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BlackFor3st
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May 21, 2019, 02:31:45 AM |
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You have your own way of explaination but if you consider bitcoin is not a money instead an artwork with 21,000,000 limited editions. I wonder if your artwork can really buy something or pay something.
Bitcoin has been accepted by countless companies already therefore we can define bitcoin as money because we can use it to buy something, not only in the web but there are restaurants and other local companies who accepts bitcoin as a payment already.
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maxreish
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May 21, 2019, 02:31:58 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)
A newbie ranting about bitcoin. It is a digital money. You know what I mean, right? We can now pay goods using bitcoin. It isn't money for you even if we used it as an online payment methods? It is not a physical money but we can purchase anything now by the use of bitcoin. Anyway, it's your point of view. Whatever your point is, it will still depends on how we consider it. An art, a money, an investment or an asset.
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CryptoBry
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May 21, 2019, 03:04:37 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)
I love your reference to bitcoin as an artwork. As a great artwork, bitcoin can be considered to be an expensive one and just like an artwork its value is rising. In extension, just like an artwork it can be kept as an investment and likewise can be traded anytime to the highest bidder in the marketplace. So is bitcoin money then? Well, to me if I can use it to buy anything and I can convert it into my local currency, then it is functioning as money and I don't care what form it might be.
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Leonardo7
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May 21, 2019, 03:31:08 AM |
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You need to go and do some researches about bitcoin, its technology and economic reward, without which, you won't be able to benefit from the next economic paradigm shift. If you think bitcoin is just an artwork and worthless, may I request that you kindly credit my bitcoin wallet as shown on my profile address, so I keep them?
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mamah67
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May 21, 2019, 05:22:27 AM |
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Let's argue about Bitcoin. Bitcoin is digital money that we cannot physically hold. But we can use it as investment, shopping or transfer of payments online so it is very multifunctional.
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CBANX3
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May 21, 2019, 05:39:08 AM |
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Of course, not, it is a digital asset which we can use for multipurpose; like for trading, buying goods, etc. The use of Bitcoin as a currency is one of its application.
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Falgorn
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May 21, 2019, 06:38:54 AM |
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Bitcoin was created as an alternative means of payment to the existing existing payment systems, that is, as a new kind of money. He also has all of their qualities and is also used as a means of payment in practice, although not so universally. Now bitcoin is used more as an investment vehicle than a means of payment. However, after the legalization of cryptocurrency by the states, this should be leveled off in the future.
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kingpin4321
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May 21, 2019, 06:45:03 AM |
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Bitcoin is based on technology so if it's more of a technological artwork. You are correct about the limited availability of bitcoin but before that is exhausted it really going to take a good amount of time.
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kotajikikox
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★Bitvest.io★ Play Plinko or Invest!
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May 21, 2019, 07:17:14 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)
Most of the people bitcoin is new form of real digital money, I respect your opinion what bitcoin for you. Of course, not, it is a digital asset which we can use for multipurpose; like for trading, buying goods, etc. The use of Bitcoin as a currency is one of its application.
I Agree bitcoin create to give ways convient sending fast transaction anywhere we are using new technology the internet connection meaning new era goes iinto digital technology like this new money bitcoin.
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Cherylstar86
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May 21, 2019, 10:21:10 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)
A newbie ranting about bitcoin. It is a digital money. You know what I mean, right? We can now pay goods using bitcoin. It isn't money for you even if we used it as an online payment methods? It is not a physical money but we can purchase anything now by the use of bitcoin. Anyway, it's your point of view. Whatever your point is, it will still depends on how we consider it. An art, a money, an investment or an asset. I endure bitcoin as a source of my earnings that can be converted into money. In a practical way, bitcoin has been launch in an appropriable way that's why many people resemble to invest and give importance to it, because of its huge potential and high liquidity that can provide our daily neccessities. But I think it is matter about our individual perspection by acknowledging how bitcoin gives value to our own vision.
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danipay
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May 21, 2019, 10:49:54 AM |
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bitcoin is not money. you won't get any benefit if you consider bitcoin as money, many people are successful in this bitcoin community because they invest, means bitcoin is an asset.
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dmty.0809
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May 21, 2019, 11:02:43 AM |
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Bitcoin is a digital currency, not like fiat money, but can be bought with money. And bitcoin is the best investment I've encountered, more than investing in a bank.
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klaaas
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May 21, 2019, 11:10:30 AM |
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Some could argue here that bitcoin is money from the people for the people. a digital currency that can be used as money would fit.
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