Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is not money
by
ghost424
on 31/05/2019, 11:13:26 UTC
Bitcoin is not money.

It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)

This is misleading and people should be provided with proper knowledge about Cryptocurrency and Blockchain. Cryptocurrency is a digital asset where it could be used to buy and pay for something where internet is available. Bitcoin is a Cryptocurrency where it could be used to pay and buy for something we need and therefore it is a digital money. Bitcoin might be called an Artwork but it is still money because every artwork has an specific equal value of money.