Btc not money

[325btc]

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.

If you have crypto 50$ and give to someone then he give u fiat then if its conducted by bank transaction then there is no need to mention even crypto becouse it could be same as you give someone money or you receive.

Yes there is some rules and regulations but its all nonsense.

Btc and crypto not MONEY its a private thing and everybody should deal with crypto same as they go to toilet nobody dont talk loud what they do in toilet so you should t share info of ur crypto either becouse its even dont existing in real life nowhere.

Yes there is laws and regulations but its all nonsense bs yes you have to follow this just keep your mind its all bs

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[BitcoinBarrel]

Yes, Bitcoin is a digital asset just like a comment, domain name, picture, etc.

It's just code or encrypted text. What you pay to own a piece of the blockchain is pure speculation.

[Detritus]

Trying to put all your points together, I just understand you are trying to talk about BTC Bitcoin as not being money.

  First let's understand what money is, "A currency maintained by a state or other entity which can guarantee its value". Everyone who is using money understands that it is a hard cash or could be call bank notes.
 Talking about Bitcoin not being money, am on the opinion that everyone who owns Bitcoin or decides to invest in Bitcoin is already awear that Bitcoin is not bank notes called money.
Someone said that Bitcoin was designed as a means of  transferring digital cash in a decentralized manner.

Having $50 in your wallet is already a fiat crypto, is either you are converting to hard currency (bank notes) or converting to a Decentralised asset like Bitcoin.

[coupable]

According to the Bitcoin protocol, the establishment of this project was not to compensate for money in its current form, but rather, as Satoshi expressed it, it is an electronic cash system.
So It's not money ! Btc is not money.
It should take a long time for everybody to understand the combination in bitcoin. Bitcoin is a currency with all the characteristics of a currency and a way of payment at the same time. But it's not money in the way as we know it.

[franky1]

bitcoin 2009-~2014 was considered as just a product/good in digital form.
much like trading call of duty assault rifles did not apply to the regulations of the ATF(alcohol, tobacco, firearms)

but in about 2014, many countries declared bitcoin a currency. and many people congratulated that as being a sign of mainstreaming bitcoin... the negative effect of this declaration is that currency rules then applied.

yep we are no longer in the era of 2009-14 where bitcoin was treated much like pokemon trading cards.
exchanges pre 2014 were treated not as MSB(money service businesses) but instead treated like trading card swap tools or auction houses.

[Orpichukwu]

Btc is not money

Crypto is not money the money start with fiat currency.

The statement btc is not money is not right, so far as am concerning what ever that can be use to make payment or in any medium of exchange can be refer to as money, bt is a digital currency which is publicly accepted irrespective of government policy. they can't control it because its not physical cash, neither do they know any entity which is responsible. BTC is 100% money to me

[romero121]

Bitcoin have got multiple usage. One among them is the usage as money. Just there happens a transfer of value, people find it to be money. Different people have got difference of opinion. OP have a different way of thinking and understanding about bitcoin. It have evolved from a valueless token to a valuable coin.

[franky1]

Btc is not money

Crypto is not money the money start with fiat currency.

The statement btc is not money is not right, so far as am concerning what ever that can be use to make payment or in any medium of exchange can be refer to as money, bt is a digital currency which is publicly accepted irrespective of government policy. they can't control it because its not physical cash, neither do they know any entity which is responsible. BTC is 100% money to me

bitcoin is currency. and although government cannot control peoples use of the blockchain transactions. because everyone has their own wallet. and mining asics are distributed too that a governmetn cant just unilaterally shut down mining blocks of transactions by removing all hashpower at once..

however users that use SERVICES (custodians/exchanges) are controlled by those services and those services are regulated by governments to follow certain rules

so just watch out when using services. because your control and freedom is lost when using services.

[famososMuertos]

Your context is a bit confusing to read or understand, but surely you are trying to say that bitcoin transactions are anonymous and that unless you use any of the existing electronic means, you leave information personal, then you start leaving a trace, that's fine and you also have to add all the characteristics that exist associated with bitcoin that in effect make it an alternative to money, then at a certain moment you want it or not it's money, it has value and you can change it as much for its Fiat peer as for any other asset.

[bluebit25]

It's not money, it's money. Everyone understands this. A simple way to look at it depends on how one perceives the field. In terms of finance, technology, and many other things related to it, they are all interrelated.
So I understand BTC is BTC, but don't want to add any other thoughts to consider that it should be. Maybe we'll find its place, but I think that should only be considered a small part of the benefits or risks of the features it offers.

[Cryptomultiplier]

The distinction between BTC and money is quite clear. Paper money is a means of exchange for either products or services, the same as BTC. While paper money is real, offline, with a country's signature as a distinguishing feature, BTC however, is more or less like imaginary money that happens to exist in an online space with an address. It is not limited or claimed by specific countries. Anyone with access to digital technology can outright make transactions with monies or BTC, so long it is valid in consent. Our old parents used other means of exchange like the cowries for trading, an upgrade was paper money. The future is already happening because the latest upgrade for exchange universally considered is BTC. 

[re-start]

If someone thinks that bitcoin = money, you must be sure that he don't understand bitcoin correctly. Bitcoin has different usage. These people see Bitcoin as a way to transfer money. In the end, they think Bitcoin is a worthless token.
PayPal is a better option for these people. (if they are just looking for a hassle-free transfer)

[lionheart78]

If someone thinks that bitcoin = money, you must be sure that he don't understand bitcoin correctly. Bitcoin has different usage. These people see Bitcoin as a way to transfer money. In the end, they think Bitcoin is a worthless token.
PayPal is a better option for these people. (if they are just looking for a hassle-free transfer)

I am wondering why we call Bitcoin cryptocurrency.  And yet not consider it as money anyway this is to show the difference between money and currency

Currency is the promissory note or coin presented in the form of money. Money is an intangible concept. Currency is a tangible concept. Money takes the form of numbers.

'''''''''''''''''''''''''''''''''''''''''' Cryptocurrency Same but online Cryptocurrency is an intangible concept Cryptocurrency takes the form of codes Cryptocurrency is backed by market demands Bitcoin, Ethereum, Litecoin etc. Can be transferred online

Now, given with the infographic difference between currency and money what category do you think BTC fall in??  

Aside from the given infographic do you think BTC meets these characteristics of money?
durability
portability
divisibility
uniformity
limited supply
and acceptability

or these properties of money?
Medium of Exchange
Unit of Account
Store of value.

I think depends on the answer, people will have a variation of answer to whether Bitcoin is money or not.

[CryptoBuds]

Bitcoin have got multiple usage. One among them is the usage as money. Just there happens a transfer of value, people find it to be money. Different people have got difference of opinion. OP have a different way of thinking and understanding about bitcoin. It have evolved from a valueless token to a valuable coin.

Bitcoin can be called, all in one. It is an investment, a store of assets and a method of payment, it can be said that Bitcoin is the collection of things that we humans need for today. What Bitcoin is will depend on the purpose of each person's use, you use it to pay for an item, it is also considered a currency, a digital currency, if you use bitcoin to store assets, it is considered a digital store...Bitcoin is very convenient and has many different uses.

[bittraffic]

BTC is money. It's what anyone could conclude when it's accepted by a merchant in exchange for the goods. Whether you treat it as an investment asset of a digital currency, it's Money. There is no point in making people believe it's not because we are all witnessing it happen that even governments today are adopting it as money.

[NotATether]

BTC is money. It's what anyone could conclude when it's accepted by a merchant in exchange for the goods. Whether you treat it as an investment asset of a digital currency, it's Money. There is no point in making people believe it's not because we are all witnessing it happen that even governments today are adopting it as money.

At last, someone who refutes the topic in the OP (everyone else is just rambling about the differences between BTC and paper money).


It is foolhardy to think that BTC is not money at this point, because everyone is using it that way. End of story.

It doesn't matter how similar/dissimilar it is to existing currencies, the fact that people are using it that way makes it a medium of payment.

[pooya87]

Btc is not money

Bitcoin is used for payment and used as a medium of exchange, hence bitcoin IS money.

what doesnt exist.

That was funny.

~ bank transaction~

Even funnier than the one above since bank transactions are also digital so you claim they also don't exist

Crypto is not money the money start with fiat currency.

You are right, atlcoins are not money. They are pump and dump schemes.

[Yatsan]

Can gold be called money? Certainly not. so btc is definitely not money even though btc can be used as a medium of exchange, btc is more appropriate as a digital asset that can be exchanged for money so don't confuse btc with money.

Actually, gold was once used as "money" especially with 'trading' of 'goods' between different countries or places, but I'm not quite sure if it is still being used at the present. Money is indeed different because it is centralized or simply, it is under a government or 'system' which is primarily for transactions. Bitcoin technically is not money if we would base on the characteristics of a fiat or typical currency. I do consider it more of an asset which I can trade to buy things.  The only reason I guess why cryptos are related to currencies or money is because of its value which is still based with fiat.

[MinoRaiola]

Crypto is not money the money start with fiat currency.

Bitcoin is calculated on the basis of money and I think that will be the case for a long time to come. Look at gold, it has been much longer than Bitcoin and it is still calculated in € and $ today. As long as there is fiat, all other values will be based on it. But I also believe that Fiat will not last 20 years like it does today. Inflation is a big problem and it can no longer be solved by raising interest rates or printing new money.

[kryptqnick]

Btc is not money stop following your country rules and regulations u cant regulate something what doesnt exist.

Cyber crimes are not crimes. Stop trying to prosecute people for them because you can't prosecute something that doesn't exist.

On a more serious note, you can't touch or smell this forum, but it still exists. You can't see radiation, but it can still kills you if there's too much of it, and Google Pay is just digital nothingness on a screen, but it can pay for your groceries.
People can use Bitcoin to buy things directly, just not as much as some would want. Also, try coming to Ukraine with dollars and paying with them for anything. You won't be able to because dollars aren't accepted, you'd need to exchange them for local fiat to actually use as money. Same thing will happen in the majority of the world. So what, dollar isn't real now either?