Post
Topic
Board Economics
Re: Is Bitcoin Money or Currency
by
akiexx
on 11/03/2018, 07:42:38 UTC
mon·ey (noun)

- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
---


cur·ren·cy read as ˈkərənsē (noun)


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

So, is bitcoin money or currency?

In my opinion bitcoin is both a money and a currency. Because we use bitcoin as a payment in online transactions and in real world to buy goods and stuff. And it's a currency because bitcoin is one of the system of money that we use in the digital world.