Post
Topic
Board Economics
Re: Is Bitcoin Money or Currency
by
imking
on 17/05/2018, 15:25:52 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 has the capability to be money and currency. It means bitcoin is flexible it can make money or currency. This is the one like the bitcoin. Bitcoin can use as payment to some online store and restaurant. If the bitcoin can accept on the store, you can convert it into fiat or called money. The best of having the bitcoin is the faster of movement of the value on the marketplace. As a holder of the bitcoin, we should also to be flexible in order to achieve the target.