Quote from: Bowly88 on July 20, 2017, 01:48:52 AM

Quote from: Gavin Andresen on September 21, 2010, 05:41:46 PM

I believe that the statement: "bitcoin is new kind of money" passes the duck test.

Bitcoins function as money (they're a unit of account, a medium of exchange, and a store of value), and if PayPal started allowing Bitcoin transactions tomorrow I'm certain they'd treat them as Just Another Currency.

If you like, call it a commodity, but I think all you'll accomplish is confusing potential users who might think they'll end up getting pork-bellies delivered to their porch if they don't get rid of their bitcoins.

Yes for me too it is the new form of money, not just bitcoins but the other altcoins because they can be exchange into a real money. And anything that can used to buy is helpful and we can considered it money. Just like gold, bitcoin is like the future gold. I know in the future bitcoin will be our official currency and not just bitcoins but all of the crypto currencies.

Some people say that Bitcoin was a new era of money and I think so. More people accept to use and invest Bitcoin everyday. I even use it to pay school fee as the age of 15. I go shopping and buy some stuffs online. To me everything is money if I can use it to buy thing. And yes, Bitcoin is money, a new and strong cryptocurrency