Quote from: Billbags on November 27, 2014, 12:00:32 AM

Quote from: jbreher on November 26, 2014, 11:53:19 PM

Quote from: MakingMoneyHoney on November 26, 2014, 11:17:04 PM

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I took this to mean that Bitcoins is a cryptocurrency. If this information is erroneous, I will certainly amend it. Thanks again.

No, you got it correct the first time. Bitcoin is a cryptocurrency.
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I don't see "Cryptocurrency" mentioned in the Bitcoin White Paper
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The word "cryptocurrency" wasn't yet in common use when Mr. Nakamoto wrote the white paper, but Bitcoin is most certainly a cryptocurrency.

The white paper does state:

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What is needed is an electronic payment system based on cryptographic proof instead of trust

Furthermore, if you are going to use the whitepaper to back up your thoughts on the matter, then you are essentially saying that Satoshi gets to decide whether or not Bitcoin should be called a cryptocurrency (since he is the sole author). In that case, Satoshi himself chose to use the word cryptocurrency to describe Bitcoin once the word reached general use:

Quote from: satoshi on July 06, 2010, 06:32:35 PM

Announcing version 0.3 of Bitcoin, the P2P cryptocurrency!
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