Would you consider Bitcoin a currency?

in #dpoll5 years ago

Would you consider Bitcoin a currency?


Currencies as we know it have a few properties:

  • relative stability (low volatility)
  • widely accepted as a means of exchange
  • store of value

At the moment Bitcoin is not accepted for everyday uses, the handling is laborious and the volatility is extreme.

Would you still consider it a currency?


  • Yes

  • No

  • This is an old word for a new concept

  • Maybe in the future

  • Other

Answer the question at dpoll.xyz.

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Voted for Yes.

Those definitions or properties of a currency need to be updated, even Bible says old things pass away.

Voted for No.

Voted for Yes.

Why not? I'm paying sometimes some things with it, like Voip phone, VPN.

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Voted for Maybe in the future.

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Voted for Yes.

Voted for Yes.

Voted for Yes.

Voted for Yes.

The first two properties are not a must for a currency. That must be so because many countries currencies are not accepted outside it borders and there are some currencies which are highly volatile (Venezuela and Iran).

Voted for Maybe in the future.

Voted for This is an old word for a new concept.

Voted for Maybe in the future.

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