Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
Babylon
on 23/09/2010, 03:41:05 UTC
I do not consider gold to be money.  You can't go and buy most goods and services with gold.  Gold is a commodity, dollars are money.

Bitcoin is a virtual currency.  It has more in common with paypal than it does with dollars or with gold.  I wouldn't really call it money until it is more widely accepted as payment for goods and services.