Post
Topic
Board Economics
Re: Is Bitcoin Money or Currency
by
Arkyo
on 17/05/2018, 13:44:30 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?


In this context, bitcoin is a currency. But from the point of view of the legislation of many countries it is   impractical to recognize bitcoin as a currency. It is a digital asset that has a huge investment potential.