Digital currencies - Monedas digitales

2 yr (edited)
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A few days ago, on January 14 to be precise, the International Monetary Fund launched a curious survey on its Twitter account, the question was: "Are digital currencies really money?"

Beyond the validity of a survey of these characteristics carried out through this social network and the result of it, there is the question itself and its implications. The fact that a major international institution made up of 184 countries with objectives related to financial stability and international trade asks that question is clearly indicating that the Bitcoin phenomenon is much more than speculation and a bubble, as some detractors say.

Also a few days ago, a renowned economist from my country spoke very badly of cryptocurrencies and their acceptance at a global level, for him it has no support and is only the product of some speculators who play with their price to obtain more and better benefits.

From my point of view and accepting that surely the economist has much more study than I in the matter and that he is a professional of it, I believe that he does not see the whole context but what his own training allows him to see.

But I do not want to go into topics that far exceed my knowledge, perhaps I am also influenced by my training and my experience.

Returning to the survey, the comments also had a great impact and made a good discussion on the social network, as always the crack that everyone talks about these days is not only political, in this case, there are those who love and defend cryptocurrencies versus those who disbelieve.

The most important thing is that you keep talking and discussing because that way we will all benefit, you can correct mistakes and also convince many more of the benefits and virtues of this technology that came not only to stay but to change the way of perceiving the exchange of values.

I leave you the screenshot of the final result of the survey for the approval of many.


Hace pocos días, el 14 de enero para ser preciso, el Fondo Monetario Internacional lanzó una curiosa encuesta en su cuenta de twitter, la pregunta era: “las monedas digitales, son realmente dinero?”.

Más allá de la validez de una encuesta de estas características realizada mediante esa red social y del resultado, está la pregunta misma y sus implicancias. El hecho de que una institución internacional integrada por 184 países con objetivos relacionados con la estabilidad financiera y el comercio internacional haga esa pregunta está indicando claramente que el fenómeno Bitcoin es mucho más que una especulación y una burbuja, como dicen algunos detractores.

Hace también pocos días un renombrado economista de mi país hablo muy mal de las criptomonedas y de su aceptación a nivel global, para el no tiene sustento y es solo el producto de algunos especuladores que juegan con su precio para obtener más y mejores beneficios.

Desde mi punto de vista y aceptando que con seguridad el economista tiene mucho más estudio que yo en la materia y que es un profesional de la misma, creo que no ve todo el contexto sino lo que su propia formación le permite ver.

Pero no quiero entrar en temas que exceden por mucho mis conocimientos, quizás yo también este influenciado por mi formación y mi experiencia.

Volviendo a la encuesta, los comentarios también tuvieron gran repercusión y armaron una buena discusión en la red social, como siempre la grieta de la que todos hablan por estos días no solo es política, en este caso están los que aman y defienden las criptomonedas versus los que descreen.

Lo más importe es que se siga hablando y discutiendo porque de esa manera todos nos beneficiaremos, se podrá corregir errores y también convencer a muchos más de los beneficios y virtudes de esta tecnología que llegó no solo para quedarse sino para cambiar la forma de percibir el intercambio de valores.

Les dejo la captura de pantalla del resultado final de la encuesta para beneplácito de muchos.

Las fotografías son de mi propiedad excepto las que menciono la fuente.
The photographs are my property except those mentioned by the source.

Héctor Gugliermo

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From Cambridge definition of money

coins and paper bills used to pay for things

I think is clear, if you can buy something with your cryptocurrency, then is money. It doesn't need to be a physical object.

I can buy a lot of things with ETH or BTC, therefore is money.

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Thanks for your contribution @jmsansan.leo

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Could you point out where you can use your crypto as cash? Mainly I see webhosting and domains accepting just bitcoin and NFTs accepting ETH but not a lot of marketplaces selling common things like groceries for crypto. And if I see one , it's just available on some other country than mine.😭 (México 🇲🇽)


In Travala for example, you can book hotels and flights in exchange for many cryptocurrencies.

With ETH, the spending possibilities are almost infinite, but mostly digital assets.

And I agree, we still need more use cases in the real world. However, I think this will come in the next years.

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There is still a long way to go on that road @cronicasdelcesar. There are private transactions, I know cases of car buying and selling for example. These days Visa has announced a card to operate with BTC for example. Another example is the ATMs for cryptocurrencies that already exist in many countries.


I know that example when explaining bitcoin, that someone sells a house and the transaction get recorded and on the blockchain and blah blah, but I never knew a real person doing that, and even less the link to that transaction.

I don't consider VISA or any other card issuers to be actually buying and selling with crypto, because what's the point of cryptocurrencies? At the end, you are you are converting your crypto into FIAT.

I mean that something like Open Bazaar or the marketplaces on the Dark/Deep web like Silk Road and such, but way LESS ilegal. Those are the true crypto marketplaces (no FIAT allowed).

We need to change our mindsets and start putting pricetags to stuff not in FIAT but in crypto. Like selling a TV in 0.013297 BTC no matter if the Bitcoin is at 80k or 5k USD.


I understand your point of view, it is going to cost a lot to change the mentality and not take everything to a FLAT currency that for many years has been the only reference of value. That is why I say that the road is very long and has just begun.

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