Post
Topic
Board Economics
Re: Is Bitcoin Money or Currency
by
websoftwareengineer
on 21/05/2018, 18:45:55 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 own opinion, cryptocurrency is considered as money today because there are a lot of people who are using bitcoins and altcoins , there are online stores as well wh oare accepting cryptocurrency because they want to earn bitcoins.