Quote from: Greenrace on October 13, 2017, 08:36:32 AM

Quote from: Gavin Andresen on September 21, 2010, 05:41:46 PM

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.

bitcoin is an item of value, for now it can not be compared just like money though it can be a medium of exchange but an indirect means of exchange. to use bitcoins should still be changed first in the applicable money

indeed bitcoin is not comparable to money, but bitcoin is in the form of digital money that can be converted into real money, which can be used transactions.
now also have started many stores that provide a transaction using bitcoin.