Post
Topic
Board Bitcoin Discussion
Re: Bitcoin, the complete version of money
by
GeorgeJohn
on 26/10/2020, 21:02:50 UTC

What money is
Many people do not know what money is, like I ones thought money is the first which are acceptable as a means of payment in individual countries, but this is a misconception. Money is anything that has intrinsic value and that can be spent. Good examples of money are bitcoin, other cryptocurrencies  (altcoins), gold and fiats. Among them all, is a money called bitcoin, created in 2009 and has now being greatly accepted and adopted in the world due to its decentralized nature.

First, we defined money as anything generally accepted as a means of exchanges of goods and service, so it's obvious that their is know differentiation or difference between money and bitcoin, because cryptocurrencies especially popularly known as bitcoin is example of money and money is an examples of bitcoin because as money been circulated across the world bitcoin has dominates the world, so therefore both of them are in statistic equilibrium due what ever money purchased bitcoin can equally purchase it more better from my perspective.