Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
NoNetwork
on 06/09/2017, 12:56:47 UTC
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.



that's right, I'm as bad as bitcoin is a new currency but it's classified as a digital ungodly eye that its use is still limited yet all of them can use it.
so just enjoy this while we can
Well you've just said the meaning of decentralized currency. But about the limitation of Bitcoin it is true but we must not let it be a downside for the people in the community. In truth its just another currency but in a different platform.