Btc not money

[Slow death]

The OP is forgetting that in many places they accept bitcoin as a payment method. the person takes their bitcoin and buys things or goods and services, I for example take my bitcoin and I can buy top up for my cell phone, so that means that bitcoin is a currency and can also be used as an investment asset In the long run, this will depend on each person and the options people have for being able to use bitcoin as a payment method in the real world. OP, he's saying things for feelings, he must have had some kind of disappointment with bitcoin and it made him hate bitcoin to the point of posting things without first calming down and thinking more clearly

As you said it makes a lot of sense, because FIAT money is just a piece of paper, while gold is just a yellow metal, but all of that becomes valuable when many people want these items and depend on them to live, like people depend on living with FIAT currency. ,

people may also need bitcoin in case they want privacy and let's suppose someone wants to travel to the US and that person has 1 million US dollars but that person cannot travel with all that money on the plane this person doesn't trust the bank so this person can buy bitcoin worth 1 million dollars and then travel and when he arrives in the US spend these bitcoins worth 1 million US dollars. bitcoin has many advantages

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[Argoo]

Btc is not money stop following your country rules and regulations u cant regulate something what doesnt exist.
Btc are digital the money is only when you sell or buy if fiat transactions involved then we talk about this fiat transactions and its no matter for what those transactions was.
Btc is just in the computer some digits and its not money neither stable coins not money.

Crypto is not money the money start with fiat currency.

Money performs different functions and the main one is a measure of value. Money can be any object of the material or non-material world that people will use as a model of value. Money is not only banknotes of the state. Since ancient times, these were pieces of gold, silver or bronze. In some nations, even processed ordinary stones served as money. The money was livestock or household items. That is, everything that people agree to consider as a value. Bitcoin became money when people began to consider it valuable and could exchange it not only for fiat, but also for the same gold or any other material items that represent a certain value.

[tam31]

The government is not happy because they can not control the wealth of their citizens. Not like fiat currency, Bitcoin is a free access to anyone who has money. I am really waiting for bitcoin to overthrow all currency of the world.

And one more reason why the government tends to not like bitcoin because they always consider it as a competitor for theirs fiat no one likes to be rivaled.
That's why they always take steps to slow down or if possible stop its uses because if Bitcoin continues to develop its use can defeat Fiat in the transaction in the future

Well, it is competitor to fiat, after all bitcoin is a lot better and that could be a problem, I am not saying that it’s going to hurt a lot, but it’s going to have some sort of trouble with it. It doesn't matter if governments could try to get away with it or not, because no matter what we are talking about something decentralized and that means we are not going to see anything that will be easy for government to fight against and we are going to have to accept that governments will lose against crypto.

So, it is much better for them to just accept it, track it, and then tax it which means they will be able to actually provide some funding for their government.

[ajiz138]

The OP is forgetting that in many places they accept bitcoin as a payment method. the person takes their bitcoin and buys things or goods and services, I for example take my bitcoin and I can buy top up for my cell phone, so that means that bitcoin is a currency and can also be used as an investment asset In the long run, this will depend on each person and the options people have for being able to use bitcoin as a payment method in the real world. OP, he's saying things for feelings, he must have had some kind of disappointment with bitcoin and it made him hate bitcoin to the point of posting things without first calming down and thinking more clearly

We can see in some places Bitcoin has become a legal tender even on holidays now we can use Bitcoin without fiat anymore the island of Boracay (Philippines) has become widespread that Bitcoin is also almost the same as money can be used in some areas that are needed in the region certain but I'm sure we will see more Bitcoin payments in the future.
So Bitcoin can be used for payments and also long-term investment assets, those are two good choices in my opinion going forward.
There is no need to be disappointed with Bitcoin maybe they are disappointed just because the loss is not about how the benefits are for the future.

[Lizzylove1]

Bitcoin and other cryptocurrencies are actually more not just some sort of digital abstract code that can go into oblivion at the slightest turbulence. Some nations already accepting bitcoin as a legal tender. As along as it's easily converted to any useable value and it's acceptable, it's a form of money. See! a country currency are usually not a legal tender in another nation, hence a window of exchange for conversion.

[Techkoy407]

bitcoin is not cash, other cryptos are not cash either,
in my view crypto/bitcoin is digital money,
why is it called digital money,
because in some countries, bitcoin is used as a means of payment such as in restaurants and at gas stations.

and bitcoin/crypto are also used as investment assets,

definitely bitcoin/crypto
is
• investment assets
• means of payment
but digitally. (the form is just a code or something)

[NYMIE]

Crypto is not money the money start with fiat currency.

In economics money is a medium of exchange. The object of exchange can be in the form of goods and services. Broadly speaking, money can be defined as a means of payment for humans living on planet earth. For those living on other planets maybe not as a means of payment.

Bitcoin is an innovative payment network or can be called a new type of money that is known as the most promising investment. If money is used for transactions, then Bitcoin can also be used as a transaction tool with low fees.

How? Bitcoin is also money right?