Questions tagged [actual money]

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isabella_doe_socialworker isabella_doe_socialworker Wed Mar 27 2024 | 6 answers 1643

Is Bitcoin actual money?

I've heard a lot about Bitcoin, but I'm still not sure if it's really money. Can you explain to me what Bitcoin is and how it works? Is it backed by any government or central bank? How can I use it to buy things or pay bills? And what about its value? Is it really stable and reliable? I'm just trying to understand if Bitcoin is a legitimate form of currency or if it's more like a speculative asset. Thank you for your time and expertise.

Is Bitcoin actual money?

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