Post
Topic
Board Economics
Re: Is it true? Bitcoin Isn't a Currency but a Technology?
by
S4VV4S
on 06/08/2015, 06:44:45 UTC
Recently I have read a debate if Bitcoin is a currency or technology. It stated there that it is a technology stock and not a currency since the governments have not approved it as a currency. I wanted to know your opinion in this debate. Is bitcoin a currency, or isn't it?

I would say that the Block Chain is the technology that handles and secures Bitcoin the currency (to those who consider it a currency).
Anything can be considered as money, as long as it's recognized as such (and of course it can't be forged).
This is a good read if you havent read it already: The History of Money