Bitcoin defined

[cim46]

Hi, is it correctly labelled digital currency, virtual currency or cryptocurrency ? Which label will prevail ? Thanks

[qiuxiang]

Hi, is it correctly labelled digital currency, virtual currency or cryptocurrency ? Which label will prevail ? Thanks

 cryptocurrency or digital currency.

[Ron~Popeil]

We should get away from the virtual currency label. It makes it sound like an in game currency from one of the big mmorpg games. Personally i prefer crypto currency since it is cryptography that makes it all work. 

[justusranvier]

Is the Internet a network of networks, or a global inter-network routing protocol stack, or is it just the Internet?

[cim46]

Crypto seems to roll off the tongue a bit better ?

[Acidyo]

I would prefer digital or crypto, not virtual.

[BitProdigy]

Currency.

[lemfuture]

all of the above

[californiaquail]

funny how things goes on when a new thing starts, you get to name it for the next generations.

i remember that topic about the mining where people were arguing about how confusing it is and minors should be called validators since that's what they do.
 I myself remember having a lot of troubles understanding wtf mining at first was and connecting the dots with the validation process of the transactions

[jack107]

I agree crypto seems to sound the best so either that or digital!

[ljudotina]

I prefere digital. Everyone knows what "digital" is (no they actualy do not know but they think they do so it's cool).

Crypto is too much "secret" and virtual is : "what's that, MMO money?"

[seriouscoin]

Crypto seems to roll off the tongue a bit better ?

And makes you sound like a retard trying to be technical.


Bitcoin can be used as digital currency /end thread

[cim46]

But isn't it easier just to say 'crypto' and not 'digital currency' ? 
2 syllables vs 6 syllables is a wide gap( almost the gap between Brazil and Germany !).

[Lauda]

People need to learn what a virtual currency is.
Bitcoin is a digital currency.

[franky1]

virtual:
gives the mindset that its fake, EG virtual reality=fake reality

digital:
mindset that its computer based, but doesnt limit it away from other types of digital currency EG FIAT online bank, facebook credits

cryptographic currency:
describes bitcoin but doesnt roll off the tongue

crypto-currency:
mindset that its 'cryptic' (mysterious, puzzling, secretive)

crypto:
mindset that its 'cryptic' (mysterious, puzzling, secretive), but rolls off the tongue

coin:
mindset that its physical

professionally i prefer cryptographic currency, but you have never seen me say on these forums, where i try to stick to laymans. so i say crypto-currency, or crypto.

[rgm108]

Cryptographically signed valuable trade-able right...   

[franky1]

Cryptographically signed valuable trade-able right...    

internet: compuglobalhypermeganet
bitcoin: decentralisticcryptographicallysignedledger

[annoyingorange]

Bitcoin is NOT 'VIRTUAL' currency. That does matter. But how to name it - 'digital' or 'crypto' currency - it's up to you

[hollowframe]

Your question is really asking us to define what the definition of "is" is. Regardless of if you define bitcoin as a digital currency, as a crypto currency or as anything else, as long as you understand the underlying fundamentals of how bitcoin operates you will be set

[EnterReturn]

I liked when it was referred to as a cryptocurrency.