Post
Topic
Board Economics
Re: Is Bitcoin Money or Currency
by
daringdiscovered
on 12/01/2018, 06:05:01 UTC
mon·ey (noun)

- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
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cur·ren·cy read as ˈkərənsē (noun)


-a system of money in general use in a particular country.

So, is bitcoin money or currency?
Well in my own opinion, bitcoin is both currency and money, because bitcoin is a program or system that holds currency and bitcoin can be exchange money so there both and the same situation.

I guess so? but for me bitcoin is a currency, a virtual one, a virtual one which is the money on the internet. Bitcoin is not yet the currency like fiat that we are all using because of the government is not declaring it as one. Maybe in the near future it could happen but right now it is too good to be true to be a global currency.