Bitcoin Currency Debate
The cluster centers on debates about whether Bitcoin qualifies as a currency, money, or fiat, contrasting it with commodities like gold, stores of value, or traditional fiat systems.
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bitcoin is not a currency, it's not a "money"
Bitcoin is like a fiat currency without a fiat.
Do not compare Bitcoin with 'fiat' currency. At the end of the day Bitcoin is not currency.
just a minor nitpick, but bitcoin is also fiat currency.
Bitcoin is a fiat currency though...
That's still money, it's just different currencies. Money (or currency) is something that is widely accepted to have value not from its inherent properties but because it is accepted everywhere in a transaction. If something is difficult to exchange quickly with most exchange partners (e.g. taking days to transfer stocks from you to a gas station) then it's either not a currency or its a bad currency. Bitcoin and other cryptocoins are "sort-of-currencies" because you can
It's not a currency, currencies are creatures of debt and credit. Bitcoin is a virtualized commodity, it is neither owed nor lent.
You are being pedantic, bitcoin has monetary qualities that put it in contention in this regard.
You don't know what you are talking about. Bitcoin can be exchanged for anything on for example El Salvador which makes it a currency, period. Therefore the rest of your rambling stands in error. Please educate yourself.
Bitcoin isn't money it's a Fiat Commodity Currency. If you want money I hear the US Dollar is fairly popular.