Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
DoublerHunter
on 16/04/2017, 07:57:01 UTC
Bitcoin is not money, it's just a virtual currency that is not backed up by anything but users. In a short time he managed to develop very well, but the future is in doubt.
Currency and money is just the same the only thing difference from the traditional currency is being virtual or being digital. Bitcoin is just in the internet and there is no substitute for bitcoin physically but it works just like the traditional currency because you can use it in any transactions like buying or accepting payments.