The Instigator
Pro (for)
4 Points
The Contender
Con (against)
0 Points

Why should/should not recognize Bitcoin as a legal currency in the US?

Do you like this debate?NoYes+0
Add this debate to Google Add this debate to Delicious Add this debate to FaceBook Add this debate to Digg  
Post Voting Period
The voting period for this debate has ended.
after 1 vote the winner is...
Voting Style: Open Point System: 7 Point
Started: 8/18/2019 Category: Economics
Updated: 4 weeks ago Status: Post Voting Period
Viewed: 172 times Debate No: 122730
Debate Rounds (1)
Comments (1)
Votes (1)




Today I will be affirming the topic on Should we recognise Bitcoin as a legal currency? To cut through some of the confusion surrounding bitcoin, We need to separate it into two components. On the one hand, You have bitcoin-the-token, A snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, You have bitcoin-the-protocol, A distributed network that maintains a ledger of balances of bitcoin-the-token. Both are referred to as “bitcoin. ”

Bitcoin is currently in the US recongnized as a legal currency. Although it is an cyrtocurrency with no banking statement yet the US is supporting Bitcoin as a legal curreny. It is legal to use bitcoin in the United States, And payments are subject to the same taxes and reporting requirements as any other currency. There is no physical bitcoin currency the way there is a dollar, Euro or pound. . . . Ledgers known as blockchains are used to keep track of the existence of bitcoin.
This is why the bitcoin is recongnized as a legal curenncy in the US.
Thank You for your time.


I don't know what the fcuk you're talking about.
Free beer for all who votes for me.
Debate Round No. 1
1 comment has been posted on this debate.
Posted by Lynx_N 4 weeks ago
Someone vote for me.
Come on, Just vote for me.
I just want to win the debate, Nothing more, Promise.
1 votes has been placed for this debate.
Vote Placed by Brendo 4 weeks ago
Agreed with before the debate:--Vote Checkmark0 points
Agreed with after the debate:--Vote Checkmark0 points
Who had better conduct:Vote Checkmark--1 point
Had better spelling and grammar:--Vote Checkmark1 point
Made more convincing arguments:Vote Checkmark--3 points
Used the most reliable sources:--Vote Checkmark2 points
Total points awarded:40 
Reasons for voting decision: Troll debate.

By using this site, you agree to our Privacy Policy and our Terms of Use.