Post
Topic
Board Bitcoin Discussion
Re: Btc not money
by
Argoo
on 08/10/2022, 17:14:01 UTC
Btc is not money stop following your country rules and regulations u cant regulate something what doesnt exist.
Btc are digital the money is only when you sell or buy if fiat transactions involved then we talk about this fiat transactions and its no matter for what those transactions was.
Btc is just in the computer some digits and its not money neither stable coins not money.

Crypto is not money the money start with fiat currency.

Money performs different functions and the main one is a measure of value. Money can be any object of the material or non-material world that people will use as a model of value. Money is not only banknotes of the state. Since ancient times, these were pieces of gold, silver or bronze. In some nations, even processed ordinary stones served as money. The money was livestock or household items. That is, everything that people agree to consider as a value. Bitcoin became money when people began to consider it valuable and could exchange it not only for fiat, but also for the same gold or any other material items that represent a certain value.