Quote from: Achargeturry78 on August 20, 2017, 03:54:12 PM

Quote from: esatceza on August 20, 2017, 03:41:24 PM

Quote from: Babylon on September 23, 2010, 03:41:05 AM

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.

When there was no cash, gold or silver was the most common trading methods at the time. However, at present, gold is a commodity that is purchased for decoration, beauty or hoarding.

Somehow for me gold was asset. We could still see some changes on the value of gold this days. even bracelets and necklace made out of gold are getting a high value when time past by.

For me Bitcoin is an asset and at the same time "money" and investment. All in one indeed but well this is just my own view knowing bitcoin do have these capabilities and potential why its being treated on this way.
Price do really changes just like on other valuable items here on physical world and this is the beauty of bitcoin and this is why im amazed and decided to engage with it.