Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
Dannaey
on 20/09/2017, 01:53:08 UTC
I maintain that per these definitions, Bitcoin cannot possibly be described as "money". And further, I think that those who do describe Bitcoin as "money" are doing this community a disservice.

+1 agreed.  It's a commodity, a digital store of value.


I think of it as a commodity, not yet money. Agree with you. Commodity is something that we can be bought and sold. In connection with Bitcoin, it is something that we are buying, then we sell it in exchange of money. Since it is not yet acceptable all over the world as payment, we cannot consider it yet as money. That's my opinion.