Btc not money

[Oceat]

When we're talking about money/currency Bitcoin is no different from them but it's just in a digital form instead of physically available where someone could hold, smell, or touch it.

Did you know that when there was no money people tend to swap things or animals to trade for food? So, basically everything could be a currency it just depends on how people are going to use it. Since now we are in a modern technology era digital is already a thing and Bitcoin being made digitally is the greatest innovation that Satoshi did made.

[BitcoinPanther]

Money has three properties, two of them are met by Bitcoin, the medium of exchange, and the unit of account.  The other one, which is being a store of value has been debated due to Bitcoin's high volatility and financial authority refuted Bitcoin as a good store of value.  With that, since financial authorities acknowledge Bitcoin as a store of value even if it is categorized as poor/bad, Bitcoin meets the three properties of money thus I can say Bitcoin is money.

[TheNineClub]

I have no idea what I just read. Can't say if it's nonsense or just troling. Why would crypto be a private thing? Are you mad that people are talking so the government steps in and asks for their share? Yeah, that sucks, but that dosen't mean that people should just keep everything in the dark and under the blankets. I mean, what's the point of crypto? It's revolutionising financing, and that can't be done by keeping everything hush hush so that the man dosen't come after us.

[Leviathan.007]

Many people count bitcoin as money because they can buy stuff with bitcoin and many places accept bitcoin as a payment system also since bitcoin is a cryptocurrency this can be counted as a currency while I personally do not count bitcoin as a money and in my own idea bitcoin is an asset which is different from a currency according to many factors, also you cannot call everything money just because you can buy stuff with it because that's not a valid reason for it. Being fiat or not fiat Bitcoin is an asset, not a currency

[witcher_sense]

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.

It is up to individuals who use or thinking of getting acquainted with bitcoin to decide how to approach it, what to consider it, and how to call it in order to best explain it to others or comprehend it for themselves. Some individuals would argue that calling bitcoin money is like putting the cart before the horse because bitcoin is, in fact, used only by a small fraction of people and that a minority calls something money doesn't automatically make it so for everyone else. What if I merely disagree with you that bitcoin is money and refuse to accept it in exchange for goods or services? Will you try to convince me aggressively at gunpoint that bitcoin is real money? Even if you made me take bitcoin as money, it would be a temporary success because really good money doesn't need aggressive promoters with guns to impose usage, and I would conclude that bitcoin is terrible and should be resisted. What if I tell you that bitcoin is not money but a protocol to transfer messages and keep them unchangeable?

[notzoomer]

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

It is

[Furious 7]

I actually wanted to complain about what you said, but saw some of your previous posts so I'm against it. Don't ask the reason why because you already know the answer
When saying btc is not a currency it is possible in this case you have your own statement but when you look at the moment when you say digital currency it is clear that everything refers to btc in the beginning and that is a fact regardless of what you say I think by saying "Cryptocurrency" alone is already sounds clear what is btc.

[Agbe]

Let see the lay-man definition of money. Money is a Currency which is used to buy and sell goods and services either online or and physical cash. Now bitcoin is an online payment system which is used to buy and sell directly whatever thing you need in the internet. Many users in this forum have testified that they have used bitcoin to buy things directly in the shops,  markets and p2p.
Therefore, anyone says that bitcoin is not a Currency (money) and you are in this forum, you are deceiving yourself and also the person doesn't really understand bitcoin. The person needs extra moral class. As it said by other users here and me again, bitcoin is a full time money that is used digitally only as for now. That's why there are Bitcoin ATM machines in some the major cities in the world.

[hZti]

Crypto is not money the money start with fiat currency.

What you are understanding wrong is that it is the same for every currency. A currency is universal, its value is determined by what you get in exchange for it. If I can buy a car for 20.000 Euro than I can set a value for Euros. The Euro bill is just a paper. Same is for the bitcoin. If I can get a car for 1 Bitcoin than that is its value. The Bitcoin itself is just a number in a Bitcoin wallet.

[325btc]

Crypto is not money the money start with fiat currency.

If you own btc its a private matter
What you are understanding wrong is that it is the same for every currency. A currency is universal, its value is determined by what you get in exchange for it. If I can buy a car for 20.000 Euro than I can set a value for Euros. The Euro bill is just a paper. Same is for the bitcoin. If I can get a car for 1 Bitcoin than that is its value. The Bitcoin itself is just a number in a Bitcoin wallet.

[DooMAD]

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

325btc is not intelligent.  Stop reading their posts and put them on ignore.

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

Yes, there are lots of posts by 325btc, but they're 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.

Every post 325btc has ever made belongs in a toilet.  They shouldn't talk at all.  Ever.

[Plaguedeath]

If BTC isn't a money, no one ever need to spend $24K to bought one Bitcoin.

[Nrcewker]

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.

To be specific, Bitcoins can be considered as a digital asset .
Many also use Bitcoins as a form of payment, but again this varies from users to user and depends on them.
Many consider Bitcoins as an asset for which they like to hold it for as long as they can, so here the OPs thought has been considered.
I too agree that BTC is not money, as it’s a value able asset which is limited in supply. So if you gather and store a large amount and sell it in a later period of time, then definitely you will make tons of profits.

[ChiBitCTy]

Lol what are you babbling on about? Your English is very poor first off so most of what you’ve written doesn’t make sense. But who are you to say it’s not money? None of your analogies make any sense. Money is what the people say it is, and bitcoin works as a means of transacting payments just like any other money.

[The Cryptovator]

Practically Bitcoin is a combination of codes that have deplu3d into the Blockchain. We all know why Satoshi create Bitcoin as peer-to-peer electronic cash. Yea to make it borderless send/receive money without third-party involvement. If you compare it with fiat then it's not money. But its digital currency exists only virtually. Since we can exchange it and buy goods with Bitcoin then we have to admit it's a currency thought digital. No matter what our centralized government says. They won't allow it to use like fiat.

[piebeyb]

in my country it is forbidden to consider bitcoin as a currency and I must obey the law, bitcoin can only be used as a digital asset, but bitcoin can also be used as a means of payment such as buying a domain and hosting, I usually use bitcoin to buy a domain and hosting , you are right for now bitcoin is not money but we don't know in the future

[CryptoHeadlineNews]

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.

If Bitcoin is not money, then I will love to ask you O.P, What is Money? Because according to what I understood from the English Dictionary, Money is that commodity generally accepted to be used as a medium of exchange between two or more parties. And Bitcoin is a digital commodity/asset, Bitcoin is generally accepted worldwide, and Bitcoin is used as a medium of exchange between two or more parties. So why should you say it's not a money?... Please I need you to elaborate more on this..

[dlightag]

You have said it all, because Bitcoin is a digital assets that no one can be able to touch, but only have the feeling with assumption that have specific amount Worth of Bitcoin in digital wallet or exchange, which can can be done through selling to convert to any given local currency across the globe.

[Moeda]

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

Bitcoin is not money, and nobody says Bitcoin is money. Most say Bitcoin is a digital asset. An asset is something of value that can be owned by someone and if it is stored the price will be higher. Although the general word is crypto currency. Because a lot of crypto, including crypto with a stable value, is called a cryptocurrency.
Despite what you say, go round and round on the phrase Bitcoin is not money. I think everyone understands about Bitcoin. Does not have a stable value as Fiat. There is no binding legal authority. This is a great thing about Bitcoin that it can run smoothly without having to own a vehicle, namely the law or regulations.

[GeorgeJohn]

in my country it is forbidden to consider bitcoin as a currency and I must obey the law, bitcoin can only be used as a digital asset, but bitcoin can also be used as a means of payment such as buying a domain and hosting, I usually use bitcoin to buy a domain and hosting , you are right for now bitcoin is not money but we don't know in the future

From my perspective that country is on the state of myopia. Every country currently is been embracing the existence and adoption of cryptocurrency as a legal tender. When at this present time, Bitcoin is the main currency people do use to make quick transaction across the countries. That's while some countries who understand the benefit of cryptocurrency do embrace it without castigation of cryptocurrency.