Post
Topic
Board Economics
Re: Is Bitcoin Money or Currency
by
bitcoinsocial09
on 17/05/2018, 02:29:46 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?

Bitcoin is both money and a currency. Bitcoin is a money because we can use it to purchase things that we need and we want. Also, it is a currency because it is a type of a currency that have a unique features because it is adigital currency which you can't see nor touch.