Pages:
Author

Topic: Bitcoin is not a virtual currency! - page 2. (Read 10363 times)

legendary
Activity: 966
Merit: 1000
August 07, 2013, 12:03:16 PM
#6
Bitcoin is virtual it is not real it is just numbers. Money is not real and neither is bitcoin. It is all fake. It has no value, it even has less value than paper money. Paper money is worth the number of btu's you can extract from burning it , bitcoin has no intrinsic value, what gives bitcoin value is our mutual belief that it has worth. It is just a dream that we share.   
newbie
Activity: 50
Merit: 0
August 07, 2013, 11:57:22 AM
#5
Only because so many people relate "virtual" to "computer" do they forget that:

 "virtual" =/= "digital"; virtual == "not real"
full member
Activity: 154
Merit: 100
August 07, 2013, 11:53:17 AM
#4
We went offline for a couple of days to promote Bitcoin in local retail and discovered a general misconception in how Bitcoin is often presented to non-Bitcoiners:

Referring to Bitcoin as a 'virtual currency' is a misnomer!

As opposed to credit card, debit card or online payments in USD/EUR/Etc. which offer vouchers, either digital or analog, for possible exchange into fiat cash, Bitcoin, when used in its proper form, is actually non-virtual, i.e. real digital cash.

Many people within the Bitcoin community seem to misunderstand this important fact about the money we use!

Emphasizing on this fact also seems to spark retailers' curiosity when we talk to them.


BitcoinMoxy.com


woaa...so true.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
August 07, 2013, 11:48:44 AM
#3
Bitcoin is digital gold.
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
August 07, 2013, 11:45:04 AM
#2
Yeah, saying virtual puts off many people, they think it's just some flick like WoW gold or something backed by a single individual, calling it digital however makes it sound better.
member
Activity: 119
Merit: 100
BitcoinMoxy.com
August 07, 2013, 11:41:03 AM
#1
We went offline for a couple of days to promote Bitcoin in local retail and discovered a general misconception in how Bitcoin is often presented to non-Bitcoiners:

Referring to Bitcoin as a 'virtual currency' is a misnomer!

As opposed to credit card, debit card or online payments in USD/EUR/Etc. which offer vouchers, either digital or analog, for possible exchange into fiat cash, Bitcoin, when used in its proper form, is actually non-virtual, i.e. real digital cash.

Many people within the Bitcoin community seem to misunderstand this important fact about the money we use!

Emphasizing on this fact also seems to spark retailers' curiosity when we talk to them.


BitcoinMoxy.com

Pages:
Jump to: