Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
CaliforniaCrypto
on 13/10/2017, 02:27:15 UTC
Technically, bitcoin is not a money but some of it's functions is like money. Just like it's function for currency exchange. Bitcoin can be use as a medium of exchange. It can also be use as payment for salary. Bitcoin is now considered as the future money.
I think as long as bitcoin could be used to buy goods and has a rate or price in another currency. Any form of bitcoin. I would say that bitcoin is kind of money

Bitcoin is a digital money but it can be convertable to real money. I believe that It represents money because it has a value. You can use it as a payment to buy some stuff.

its not really money. I have Beanie Babies from 15 years ago that have a small amount of value that I can exchange for Fiat, but that doesnt make them money. Just because Bitcoin has value doesnt make it money, itsm ore like E-gold than actual money.