Topic: Bitcoin versus other offline currencies - page 4. (Read 12759 times)
Bitcoin can only be used if you have a virtual connection, however that connection is universal. Bitcoin is also portable, swift, and protects your privacy like cash would. That is where the power lies.
In fact, online transactions are becoming a trend of the future, when the next 30 years, most people will pay online, then I think the offline currency will disappear, instead. are digital coins. Bitcoin in particular and cryptocurrencies, in general, will take the throne, replacing completely offline currency to become a global currency.
This is very accurate. As the world moves vigorously in the online environment and understands this need, bitcoin has come out and responds precisely to what people are demanding so it's as valuable as it is today. Other currencies at this time are not profitable but merely a means of exchanging commodities, as a means of payment, it is also a very good investment for profit the leap is very attractive. 
As a NEWBIE, how would you explain bitcoin as against other offline currencies?
-Bitcoin is decentralised while offline currencies have regulations on how to use them thanks to the centralized system.-Bitcoin is convenient digital currency that you do not always need the store to be actually open as everything can be done online or instore unlike offline currencies which are limited by working hours.
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Which one has more market value and why do you think so ?
Ofcourse its bitcoin does not need any proof the whole world knows this.. Bitcoin has plenty of room for improvement in the blockchain, gold and other currencies. The advantages and disadvantages of bitcoin come from the Internet, which makes it easier to trade, but on the other hand, intangible, digital cryptocurrency! Some other currency, gold means that you can see it with my own eyes, and his hands to keep it, that's why many people still don't like COINS, because they want to is a tangible asset!
The thing which is healing bitcoin to have some priority over all other regular currencies is the involvement of internet in regulating not only bitcoin but any other crypto coin. In the modern and technical world, internet is really an important thing and it is really a good idea and this is why bitcoin is gaining this much of fame. Moreover, the increase in the market value of bitcoin in quite noticeable thing.
Bitcoin is just like the offline currency or Fiat but the only difference is that it is digital currency or online. You can use Bitcoin to buy things or goods especially to those who are accepting it, just like in Fiat it can be use as means of exchange. And this Bitcoin in the future will be use as a digital currency.
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 ?
I think it is not good to compared those two because they have strength on their own field. In bitcoin or online currency it is better to use it in online transaction like trading and investment since it is volatile. While offline currency or fiat is more appropriate to use on our daily transaction because of its conviniency. Which one has more market value and why do you think so ?
In fact, online transactions are becoming a trend of the future, when the next 30 years, most people will pay online, then I think the offline currency will disappear, instead. are digital coins. Bitcoin in particular and cryptocurrencies, in general, will take the throne, replacing completely offline currency to become a global currency.
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.
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.
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 ?
Basically we can explain that with Bitcoin we can buy whatever we want. it has become the basis that Bitcoin is a precious and valuable items such as other real money. Compared to real money, of course Bitcoin is still far from expectations, we all know that Bitcoin can not enter the sector that does not have internet access, therefore currently most Bitcoin users are those living in urban areas. I really crave that one day Bitcoin can be used by everyone, we are all currently waiting for infrastructure to support the use of Bitcoin can be realized and evenly distributed in various regions. If this can be realized then I am sure that Bitcoin could be one of the biggest economic forces in the world today. there must be support from various parties to be able to realize this all.Which one has more market value and why do you think so ?
And a lot of them already legalize bitcoin , to be part of their economy.
But we cant deny that bitcoin are only useful for the online transaction.
And we cannot use it for the offline. Unless we exchange, it to our local money.
And that's the only time that bitcoin is can be use in offline transaction.
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.
Are other offline currencies the legal tender of some countries? Fiat money is still dominated by world trade transactions, and bitcoin is only changing transactions in some ways, and bitcoin is increasingly recognized by society. Fiat money has the risk of inflation, and can invest in bitcoin to reduce this loss!
Bitcoin has plenty of room for improvement in the blockchain, gold and other currencies. The advantages and disadvantages of bitcoin come from the Internet, which makes it easier to trade, but on the other hand, intangible, digital cryptocurrency! Some other currency, gold means that you can see it with my own eyes, and his hands to keep it, that's why many people still don't like COINS, because they want to is a tangible asset!
The thing which is healing bitcoin to have some priority over all other regular currencies is the involvement of internet in regulating not only bitcoin but any other crypto coin. In the modern and technical world, internet is really an important thing and it is really a good idea and this is why bitcoin is gaining this much of fame. Moreover, the increase in the market value of bitcoin in quite noticeable thing.
Bitcoin has plenty of room for improvement in the blockchain, gold and other currencies. The advantages and disadvantages of bitcoin come from the Internet, which makes it easier to trade, but on the other hand, intangible, digital cryptocurrency! Some other currency, gold means that you can see it with my own eyes, and his hands to keep it, that's why many people still don't like COINS, because they want to is a tangible asset!
The thing which is healing bitcoin to have some priority over all other regular currencies is the involvement of internet in regulating not only bitcoin but any other crypto coin. In the modern and technical world, internet is really an important thing and it is really a good idea and this is why bitcoin is gaining this much of fame. Moreover, the increase in the market value of bitcoin in quite noticeable thing.
For me I think most people who don't know about bitcoins are against it or they might have some little knowledge of it but are still on the denial stage of embarrassing it. So far from my experiences with earning bitcoins from scratch I mean literally no capital or investment started from faucets then started trading these coins to the trading market then airdrops and bounties. There is real money in bitcoins compared to the offline money where you can't really earn from scratch at the comforts of you house.
Well, excluding the internet connection and electric bills you are paying monthly basis.
Well, excluding the internet connection and electric bills you are paying monthly basis.
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.
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.
Currency is a decentralized encrypted virtual currency, he sped up the digital currency circulation, it is very easy to make some deals if you have enough spare legal tender, can try to invest some COINS! The profits of bitcoin are now unprecedented!
Bitcoin is no doubt far better than that of all the regular currencies which are there in this world. There is no currency which is having this much of market value as is of bitcoin or investing in that currency can help you in having some good money as in case of bitcoin. In addition to this, bitcoin is one of the digital currencies and it really needs to have an internet connection for performing any kind of operation unlike regular currencies.
Currency is a decentralized encrypted virtual currency, he sped up the digital currency circulation, it is very easy to make some deals if you have enough spare legal tender, can try to invest some COINS! The profits of bitcoin are now unprecedented!
I think that all bitcoins will lose all crypto currency one by one because bitcoin only has the highest rate and value in all the coins.
I don't think so, altcoins also have a potential to grow like bitcoin. There are now a lot of altcoins are growing so fast just like bitcoin, maybe because some investors or small investors can't afford bitcoin now, so they are deciding to invest with other coins that also has a good amount and has a good potential.Jump to: