Topic: Bitcoin versus other offline currencies - page 3. (Read 12759 times)
Bitcoin is expected to be a safe haven when it comes to political tensions and has a negative impact on the global economy. If an increase occurs, the overall economy of the world will be damaged. And Bitcoin will be valuable when stored safely.
I think what will remain number one is an offline currency like Fiat, but I am sure that in the future cryptocurrency prices and regulations such as bitcoin will be very expensive because as technology grows, many will use digital currencies.
Bitcoin's demand is huge and increasing in a fast pace.
As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?
Bitcoin and offline currency, i think bitcoin when we use bitcoin or invest it makes our money easier than offline currency, because offline currency is used for real things like real money. Real money is used everywhere in the world but bitcoin is used only in different currencies to replace it. Which one has more market value and why do you think so ?
hello friend.
Bitcoin is an easy payment tool and can be used throughout the world and across continents.
Bitcoin is not known in the banking system and is not related to the government.
Bitcoin is an easy payment tool and can be used throughout the world and across continents.
Bitcoin is not known in the banking system and is not related to the government.
BTC is decentralised, which is the main difference. The other common offline currencies are often managed by governments.
As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?
Which one has more market value and why do you think so ?
Since we are talking bitcoin comparison to other currencies(I assumed you were talking about currencies like USD, YEN etc.). This can simply be determined if you were trying to spend using an offline currency and bitcoin. Offline currency still needs to be converted to other offline currencies when you are in the other part of the world. Unlike bitcoin in which you don't have to worry withdrawing nor converting it
Bitcoin versus offline currencies or i think you mean our real money or our real currency in our country is much better why because bitcoin price is high and we can invest our money here in bitcoin and after waiting for bitcoin to increase its price even higher we can sell our bitcoin and thus we earn a lot of money we get that much profit in bitcoin but in our real currency its hard to say if we invest it in stocks or something its a total bet. But in bitcoin we are sure that it will increase in price so there is no loses.
Right now, offline currencies are little more beneficial than that of bitcoin in terms of buying or selling of different sort of things as bitcoin is not being accepted at most of the places however, in term of market value and increase in the worth, bitcoin is at the top of the list and no other currency is having this much increase in its worth as is of bitcoin. Bitcoin is the best option for investing point of view too. 
Unlike traditional cash, the supply of bitcoins is not controlled by any central government. Instead, an algorithm developed by the founders of bitcoin (or later, more founders) determines how many bitcoins are produced each year and adds them to the world economy. Unlike fiat money, the supply of fiat money is determined by the central bank's decision to print. Bitcoin is a currency based on algorithmic supply rules.
There are number of things which are far better in bitcoin compared to that of other regular currency. The first and the most common thing is that none of the regular currency is having this much of worth as we can see in case of bitcoin. Moreover, none of the regular currency can help you in making this much of money by simply holding that currency as you can get while holding your bitcoins.
Bitcoin versus offline currencies or i think you mean our real money or our real currency in our country is much better why because bitcoin price is high and we can invest our money here in bitcoin and after waiting for bitcoin to increase its price even higher we can sell our bitcoin and thus we earn a lot of money we get that much profit in bitcoin but in our real currency its hard to say if we invest it in stocks or something its a total bet. But in bitcoin we are sure that it will increase in price so there is no loses.
As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?
Which one has more market value and why do you think so ?
It is very obvious that the bitcoin is more higher in value than other offline currencies. Bitcoin is now the leading crypto currency world. And if you compare bitcoin rate, other offline currencies cannot beat bitcoin.
Banks even have their own mobile apps that can be used to send and receive money, and serves for payment purposes in stores.
Unlike traditional cash, the supply of bitcoins is not controlled by any central government. Instead, an algorithm developed by the founders of bitcoin (or later, more founders) determines how many bitcoins are produced each year and adds them to the world economy. Unlike fiat money, the supply of fiat money is determined by the central bank's decision to print. Bitcoin is a currency based on algorithmic supply rules.
There are number of things which are far better in bitcoin compared to that of other regular currency. The first and the most common thing is that none of the regular currency is having this much of worth as we can see in case of bitcoin. Moreover, none of the regular currency can help you in making this much of money by simply holding that currency as you can get while holding your bitcoins. From a user's point of view, bitcoins are much like Internet cash. Bitcoin can also be seen as the most outstanding three-way bookkeeping system. Can be global circulation, total fixed, did not issue the main body. Electronic money should only be a form of payment innovation, and must rely on fiat money to be able to appear in payment mode. It's not that anyone can make money.
Exactly! In the present age of technology, bitcoin is the most favorable currency by most of the individuals who actually know about bitcoin. It is because of the fact that bitcoin is not only a currency but is a very good way of making more money as well. The market value of bitcoin increases with very passing moment thus making it easier for the investors of bitcoin to get rich unlike other regular currencies. As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?
Which one has more market value and why do you think so ?
It is very obvious that the bitcoin is more higher in value than other offline currencies. Bitcoin is now the leading crypto currency world. And if you compare bitcoin rate, other offline currencies cannot beat bitcoin.
Banks even have their own mobile apps that can be used to send and receive money, and serves for payment purposes in stores.
Most altcoins are technically different from Bitcoin, and it is often for this reason that people invest in them. The main advantages of Bitcoin are the network benefit effect and proven security.
Altkoins also have their advantages and some of them lack the drawbacks of bitcoin (a large commission, a long time of execution
The only place where bitcoin is facing some problems is the legalization issue of bitcoin. Once that will be resolved, then there will be nothing to be worried about.
You are right Bitcoin is the best currency when compared to other currency out there, already some countries government declared legalization for acceptance in their countries but some countries are the dilemma and not saying completely we are banning. People are spreading the news in a different way and thus makes more negative noise about Bitcoin.
Most altcoins are technically different from Bitcoin, and it is often for this reason that people invest in them. The main advantages of Bitcoin are the network benefit effect and proven security.
Altkoins also have their advantages and some of them lack the drawbacks of bitcoin (a large commission, a long time of execution
The only place where bitcoin is facing some problems is the legalization issue of bitcoin. Once that will be resolved, then there will be nothing to be worried about.
You are right Bitcoin is the best currency when compared to other currency out there, already some countries government declared legalization for acceptance in their countries but some countries are the dilemma and not saying completely we are banning. People are spreading the news in a different way and thus makes more negative noise about Bitcoin.
As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?
Which one has more market value and why do you think so ?
It is very obvious that the bitcoin is more higher in value than other offline currencies. Bitcoin is now the leading crypto currency world. And if you compare bitcoin rate, other offline currencies cannot beat bitcoin.
Banks even have their own mobile apps that can be used to send and receive money, and serves for payment purposes in stores.
Most altcoins are technically different from Bitcoin, and it is often for this reason that people invest in them. The main advantages of Bitcoin are the network benefit effect and proven security.
Altkoins also have their advantages and some of them lack the drawbacks of bitcoin (a large commission, a long time of execution
The only place where bitcoin is facing some problems is the legalization issue of bitcoin. Once that will be resolved, then there will be nothing to be worried about.
You are right Bitcoin is the best currency when compared to other currency out there, already some countries government declared legalization for acceptance in their countries but some countries are the dilemma and not saying completely we are banning. People are spreading the news in a different way and thus makes more negative noise about Bitcoin.
Alright if I'm adjusting it to the circumstances in the country where I live, I might just say that bitcoin is not as legal as the offline currency, which's not yet really recognized by the government and can only be transacted online. Bitcoin is more directed to the alternative currency that's only in a cyberspace that we can take utilized from all its advantages. Which's people will be more interested in this digital currency that's proven have a good price developments in the market due of the many enthusiasts from various countries to get closer in bitcoin and do a various the efforts mainly for investing.
For me bitcoin is just a digital currency that can use to invest online and it is use with internet. It it decentralized but it has a great value. Offline currencies are those fiat money used by different country for everyday living to buy food,goods and to pay in everything. It is toucheable and tangible.
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