Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
Laya Varghese
on 17/10/2017, 11:23:21 UTC
I do not consider gold to be money.  You can't go and buy most goods and services with gold.  Gold is a commodity, dollars are money.

Bitcoin is a virtual currency.  It has more in common with paypal than it does with dollars or with gold.  I wouldn't really call it money until it is more widely accepted as payment for goods and services.
I agree with this. Even though it is not a tangible money, we can add and manage the value and deal with it. Not like gold. We can say it as a digital money.