Bitcoin is virtual or illusion online money.
It can't be touched so it is not a real money.
Bitcoin is just number which is visualized on our monitors, but yeah it is real money because we can buy things.
It's 'machine to machine' transactions but it makes sense to us, same like the e-banking money.
Are you kidding me. So money is money because it can be touched? You must be living in the 19th century.
All modern money doesn't exist, it's just numbers on computers. Physical money will be gone in 2 decades or so, no one will use cash. It will all be digitalized.
Money is money if it gives you what you want to exchange with it. That's all. The people of the past used physical stuff to trade because they didn't had any better options.
Since you can't touch it it is not yours, believe it or not.
I know that money is being digitized but it will not be disappear as you are stating.
And since we are in the bitcoin community and our deals are from/to other countries bitcoin is good because of the low transaction fees.