Post
Topic
Board Bitcoin Discussion
Re: Is the Bitcoin a digital currency or a digital good?
by
Jovovich
on 28/09/2017, 13:29:25 UTC
Just a question I don't know. Is the Bitcoin a digital currency or a digital good?

At a technical level, it is neither.  It is simply a ledger entry.

Beyond that, it would depend on how your government chooses to classify it.

This is quiet accurate answer in technical speaking. But nowadays. Crypto users knows it as a digital currency just like what you always saw on cryptocurrency exchange platform. Bitcoin as a currency is the most simplest description to easily understand what is the main use of it.

A ledger entry that is 1mb in size? i think because that is the last knowledge i could think. Currency is just a term in general for the mass to simply understand and avoid complicated questions and answers.