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Bitcoin is not money

Written by Bruce Sep 17, 2021 · 7 min read
Bitcoin is not money

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Bitcoin Is Not Money. The first element is whether or not it is a universal medium of exchange. While bitcoin can be exchanged for just about any fiat currency it is certainly not. There are two major elements that determine whether or not something is considered money. In that regard the answer is that it is not money.


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Is Bitcoin A Universal Medium Of Exchange. The first element is whether or not it is a universal medium of exchange. Whoever receives Bitcoin in exchange for a good or service we believe that transaction is more akin to bartering because that person is exchanging a good for a good but nor really money for a good Diaz reportedly said. There are two major elements that determine whether or not something is considered money. Money must be accepted by everyone. While bitcoin can be exchanged for just about any fiat currency it is certainly not.

Whoever receives Bitcoin in exchange for a good or service we believe that transaction is more akin to bartering because that person is exchanging a good for a good but nor really money for a good Diaz reportedly said.

According to Alejandro Diaz governor of Mexicos central bank el Banco de México Bitcoin is not real money. Whoever receives Bitcoin in exchange for a good or service we believe that transaction is more akin to bartering because that person is exchanging a good for a good but nor really money for a good Diaz reportedly said. Money must be accepted by everyone. According to Alejandro Diaz governor of Mexicos central bank el Banco de México Bitcoin is not real money. There are two major elements that determine whether or not something is considered money. The first element is whether or not it is a universal medium of exchange.


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Money must be accepted by everyone. Is Bitcoin A Universal Medium Of Exchange. Whoever receives Bitcoin in exchange for a good or service we believe that transaction is more akin to bartering because that person is exchanging a good for a good but nor really money for a good Diaz reportedly said. Money must be accepted by everyone. In that regard the answer is that it is not money.

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Money must be accepted by everyone. The first element is whether or not it is a universal medium of exchange. According to Alejandro Diaz governor of Mexicos central bank el Banco de México Bitcoin is not real money. Whoever receives Bitcoin in exchange for a good or service we believe that transaction is more akin to bartering because that person is exchanging a good for a good but nor really money for a good Diaz reportedly said. While bitcoin can be exchanged for just about any fiat currency it is certainly not.

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Money must be accepted by everyone. Is Bitcoin A Universal Medium Of Exchange. In that regard the answer is that it is not money. There are two major elements that determine whether or not something is considered money. The first element is whether or not it is a universal medium of exchange.

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The first element is whether or not it is a universal medium of exchange. Whoever receives Bitcoin in exchange for a good or service we believe that transaction is more akin to bartering because that person is exchanging a good for a good but nor really money for a good Diaz reportedly said. In that regard the answer is that it is not money. While bitcoin can be exchanged for just about any fiat currency it is certainly not. Is Bitcoin A Universal Medium Of Exchange.

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Is Bitcoin A Universal Medium Of Exchange. There are two major elements that determine whether or not something is considered money. The first element is whether or not it is a universal medium of exchange. Money must be accepted by everyone. According to Alejandro Diaz governor of Mexicos central bank el Banco de México Bitcoin is not real money.

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While bitcoin can be exchanged for just about any fiat currency it is certainly not. The first element is whether or not it is a universal medium of exchange. According to Alejandro Diaz governor of Mexicos central bank el Banco de México Bitcoin is not real money. There are two major elements that determine whether or not something is considered money. In that regard the answer is that it is not money.

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While bitcoin can be exchanged for just about any fiat currency it is certainly not. Whoever receives Bitcoin in exchange for a good or service we believe that transaction is more akin to bartering because that person is exchanging a good for a good but nor really money for a good Diaz reportedly said. While bitcoin can be exchanged for just about any fiat currency it is certainly not. The first element is whether or not it is a universal medium of exchange. Money must be accepted by everyone.

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The first element is whether or not it is a universal medium of exchange. There are two major elements that determine whether or not something is considered money. According to Alejandro Diaz governor of Mexicos central bank el Banco de México Bitcoin is not real money. The first element is whether or not it is a universal medium of exchange. Money must be accepted by everyone.

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There are two major elements that determine whether or not something is considered money. Whoever receives Bitcoin in exchange for a good or service we believe that transaction is more akin to bartering because that person is exchanging a good for a good but nor really money for a good Diaz reportedly said. In that regard the answer is that it is not money. According to Alejandro Diaz governor of Mexicos central bank el Banco de México Bitcoin is not real money. Money must be accepted by everyone.

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There are two major elements that determine whether or not something is considered money. In that regard the answer is that it is not money. The first element is whether or not it is a universal medium of exchange. Money must be accepted by everyone. Whoever receives Bitcoin in exchange for a good or service we believe that transaction is more akin to bartering because that person is exchanging a good for a good but nor really money for a good Diaz reportedly said.

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According to Alejandro Diaz governor of Mexicos central bank el Banco de México Bitcoin is not real money. In that regard the answer is that it is not money. Whoever receives Bitcoin in exchange for a good or service we believe that transaction is more akin to bartering because that person is exchanging a good for a good but nor really money for a good Diaz reportedly said. Is Bitcoin A Universal Medium Of Exchange. Money must be accepted by everyone.


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