Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
Sidas_Crew669
on 04/11/2017, 14:38:59 UTC
bitcoin is not money but asset like gold. not worth if use bitcoin for buy a things.
buy bitcoin invest bitcoin why buy money for money if bitcoin is money?
But gold is money as well, maybe people do not use it like that anymore but that is not important gold was used as money for a lot longer than any fiat currency and if people do not adopt bitcoin then it is very likely that gold makes a huge comeback when the fiat system collapses.
Gold is not money, it is an asset and you can convert it to money. Money is FIAT, Gold has value but you can not call it is money. Money can use to payment but we can not use Gold to that. Therefore, you need to know the difference between FIAT and asset.
yes gold is an asset that is now starting to decline demand because of the bitcoin
and gold must be exchanged with money first so it can be used in terms of purchase transactions
I agree with you gold is an asset but bitcoin is money too and i think this is more money to us that in real life money because some people almost made this their daily job and are earning a lot from it.

exactly once, if you already understand and understand about the bitcoin main step then is to be done is an investment. For if you could do a good investment with great returns then you can get in a long time. But keep in mind before doing the analysis then you should also know and understand about the disadvantages and the advantages that you can get, but one thing you must do is to always update or analysis about the growth of the bitcoin.