Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
daarul50
on 08/11/2017, 12:04:05 UTC
That depends on you, what's bitcoin to you? How do you understand bitcoin? Others treat bitcoin is money and others just treat it as a currency. So what I can say is it all depends on you.
yes off course bitcoin is a crypt currency and it can be transferable to any other currency and now there are various place from which you can shopping by doing payment in bitcoin. so from above proof we can surely say that bitcoin is a money.
Bitcoin like e-money provided by various banks. However, bitcoin is still not widely believed by people as a legitimate transaction tool even in my country. e-money and bitcoin have the same function but bitcoin is a crypto that has a price value whereas e-money is just a transfer of real money into electronic money. with an explanation like this I agree if bitcoin is money.