Post
Topic
Board Bitcoin Discussion
Re: Bitcoin are not by nature money, but money consists by its nature of bitcoin?
by
The Ghoul
on 13/08/2021, 09:28:23 UTC
Bitcoin is a digital currency because it can be spent P2P
This is the mission of Bitcoin, but to be honest, it’s better to call it digital thing. It is not a general equivalent
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Bitcoin is money because it has intrinsic value
There seems to be no necessary connection between the two. The current currency has no intrinsic value, but serves as a general equivalent.

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Bitcoin is also an asset, an appropriative one because it is deflationary and do reach all-time-high
It is indeed a good asset.

4. To use Bitcoin, you need to learn some knowledge, while gold and silver don’t need to learn complex knowledge.
You are right, but we should not exaggerate on this, to make use of Bitcoin is not that hard if someone is ready to make use of it. But the most important part is to learn ways to avoid scammers.
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