Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
NoNetwork
on 20/10/2017, 23:22:18 UTC
I maintain that per these definitions, Bitcoin cannot possibly be described as "money". And further, I think that those who do describe Bitcoin as "money" are doing this community a disservice.

+1 agreed.  It's a commodity, a digital store of value.

For me it is. Money, a money that helps people to change their life even though someone calls it that Bitcoin is not a money but I for me I considered it as a money .
Why do we always see Bitcoin as money? Is it just because we can convert it into money eventually? That's just being a mere ignorant I par say. I mean, with the lack acceptability in lots of country, Bitcoin haven't progress that much, I mean it still doesn't have that kind of utilization that we always needed. I mean I know that few countries have already accepted as payment but then again, those countries have different rules and privileges in utilizing Bitcoin. So yet again, we broke the main concept of Bitcoin which is using it as freely as the man see fit.