Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
Mazda17
on 04/11/2017, 04:02:38 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 you that bitcoin is not money.
Bitcoin is the virtual currency. It has more in common with paypal than with dollars or with gold, therefore I as a bitcoin user will not call it money in any form.