Post
Topic
Board Bitcoin Discussion
Re: Is the Bitcoin a digital currency or a digital good?
by
Bunsomjelican
on 03/10/2017, 08:55:40 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.

 Obviously Bitcoin is a digital currency where we can use as payment online for now. It is also true that compare to other altcoins bitcoin is the simplest thing to understand because there are some altcoin is not that easy to comprehend especially if you first hear it.