Post
Topic
Board Bitcoin Discussion
Re: Are you OK with Bitcoin being called a token?
by
gokudera
on 23/11/2017, 14:01:07 UTC
FAQ:
Why is this an issue?
Bitcoin is the proud leader, "tokens" are for the ETH Bubble Game. Calling Bitcoin a token is not even technically correct. That does matter to some people.


``````````````
OP

Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?  Cheesy
Bitcoin is a type of cryptocurrencies. But Token is kinda sort of a reward from bount campaign or stuffs like that. It is used to exchange to other types of crypto currencies.
You are right token is different from cryptocurrencies because bitcoin is kind of money where you can use to purchase a thing and tokens are the rewards that you can obtain in some Campaigns.