Post
Topic
Board Economics
Re: Is Bitcoin Money or Currency
by
Boldcom
on 20/05/2018, 15:46:54 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?



i think both. bitcoin is a money, as well as a currency. money in the sense that it can be used to purchase products and good as long as the seller accepts it. currency as it’s also known as digital currency. a currency is the most specific use of the word, refer to money.