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Topic: bitcoin vs. real money??? - page 13. (Read 1985 times)

member
Activity: 238
Merit: 10
April 30, 2018, 03:45:12 PM
our world changes constantly and if you want to move with the times and to progress along with the rest of society you should accept bitcoin no problem in  using usual money as well as digital currencies if it gives you comfort. If bitcoin disappears it doesn’t mean that fiat money will grow...bitcoin is the product of our technological advancement and whether we like it or not there is a changes of monetary system in the near future to make the world fully digitally run as what our world marching unto it, but as of this day bitcoin and real money are interconnected with each other as what mostly people really do by converting bitcoin into their local money, so bitcoin and fiat are both important in our daily life...
full member
Activity: 426
Merit: 100
April 30, 2018, 03:45:04 PM
I still hope that bitcoin will become equal to real money and we will use it on a regular basis without any problems with it
full member
Activity: 312
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
April 30, 2018, 03:41:38 PM
though for what purposes.for long-term investments,I still prefer bitcoin, not real money.so much more profitable and promising
sr. member
Activity: 574
Merit: 250
April 30, 2018, 03:33:28 PM
For me cryptocurrencies are not a wonderful substitute for conventional currency. You can not imagine international trade, stock exchanges, world finance set on a currency that halves its value in a few days, that anyone can steal from a wallet and that has no government guarantee. Perhaps it will be in the future if these problems are solved.
member
Activity: 532
Merit: 18
Bitcoin lover!
April 30, 2018, 01:02:03 PM
While I see that both bitcoin and cash have their advantages and disadvantages. Therefore, you need to be able to use both cash and bitcoin. Situations in life are very different. Bitcoin is not everywhere possible to pay. This situation will continue for a very long time, because this process is long.
member
Activity: 128
Merit: 10
April 30, 2018, 12:41:25 PM
Bitcoin or Real Money
Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.
Bitcoin vs real money? As of know money will win because of us around the worl are using money to but the things that we want to buy, and bitcoin is there is chance that bitcoin will change a money when you withdraw it on cebuana or any kind of withdrawal.
newbie
Activity: 98
Merit: 0
April 30, 2018, 12:31:36 PM
Our world is constantly changing, and if you want to move along with time and move along with the rest of society, you have to take bitkoyn. If bitkoyn can solve the problem of block overload, bitkoyn will become a real international currency. So I consider bitkoyin real money.
newbie
Activity: 128
Merit: 0
April 30, 2018, 12:26:45 PM
I do not understand what you want to ask. But my point is that bitcoin is the market for us to invest in to get profit. And when we get a profit, we can convert it into real money. What do you want to ask?
jr. member
Activity: 392
Merit: 2
April 30, 2018, 12:16:52 PM
If i compare bitcoin and real money, the main difference is bitcoin out of eye but real money show opposite features of bitcoin. Bitcoin is up to date but real money out of date in my opinion because western people who is familiar with current banking system engage to buy anything by bitcoin, so we can say only one world  bitcoin is currency of up to date people then who is not familiar with banking system that person usually real money without invisible (bitcoin) currency. In conclusion, it will be bitcoin > real money except bitcoin vs real money.
newbie
Activity: 53
Merit: 0
April 30, 2018, 12:03:16 PM
If we are to be precise about a definition, for something to be used as money it should hold the following properties:

Scarcity. There needs to be a finite supply so that the currency maintains its value. There will only ever be 21 million bitcoins, no person can create more bitcoins. This is a rule which is baked into the bitcoin network, and has a very high degree of security. The vast majority of the people securing the bitcoin network would have to agree on a change to the network rules for them to change, this is highly unlikely to happen given they would agree to change the fundamentals of the network.
full member
Activity: 155
Merit: 100
April 30, 2018, 11:21:41 AM
The concept of fiat money revolves around faith. It is the willingness of the people to put faith into them that makes it so successful. Fiat money as a traditional mode of transaction gives us assurance. We are predisposed to embrace things that are commonly accepted by the majority of people in our society and to conform to what was deemed normal in the past. Furthermore, fiat money is readily accessible to all sorts of people without any limiting factors such as age, social status, and location. As long as anyone is willing to accept money as a mode of transaction, there wouldn't be any problem. On the other hand, due to some limitations such as what people call the "digital divide" bitcoin find it hard to seep into the nook and cranny of our society. Unlike fiat money, bitcoin is limited only to people who have the required devices and access to the internet. Nevertheless, the potential of bitcoin being the international currency, for me, is very promising. It unlocks a whole new type of convenience people can surely enjoy.
member
Activity: 132
Merit: 10
April 30, 2018, 10:44:02 AM
Bitcoin or Real Money
Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.
Honestly for me bitcoin is combined with money because in relation of this two we can convert bitcoin into fiat so that we can buy what we want for our needs.
jr. member
Activity: 121
Merit: 1
April 30, 2018, 10:36:44 AM
I actually prefer real money.Because the cryptocurrency market is not so stable to keep all your money in cryptocurrency
newbie
Activity: 168
Merit: 0
April 30, 2018, 10:31:34 AM
In China,more and more people prefer to punch by Alipay or Wechat wallet during their daily life.Its hardly to see paper money be used.
Im not sure I had understood "the leading way of making settlements"in the last sentence.Would you mind tell me more about this?thx.
sr. member
Activity: 1123
Merit: 253
April 30, 2018, 10:22:16 AM
Bitcoin or Real Money
Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.

Paper money is still the way to go as of the moment. We cannot deny that fact. From my personal experience, cash is still the preferred way of accepted payment by most of business establishments. That is what is being shown in the survey that you mention. It would have helped us if you provided the link so that we could read the entire survey. But we know that it is already going down while cryptocurrency is going up.
legendary
Activity: 1036
Merit: 1002
April 30, 2018, 10:21:25 AM
Bitcoin or Real Money
Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.
Well so far bitcoin really helps my country and other people since bitcoin helps us to earn profit also the big helps is there an virtual credit card that we can load up to use purchase online even though we can also pay bills via bitcoin because our country bank accept and legalize the bitcoin so many senators , business and company are now start bitcoin unless they don't know bitcoin yet that is why they still using real money and also credit card that hacker can easy stole your money by pishing.
member
Activity: 392
Merit: 11
April 30, 2018, 10:15:14 AM
Of course, I think it would be really great if we could use bitcoin in any deal that we would do like using real money in today's world and in the future, in the long run Everyone can replace bitcoin with real money, All transactions will be digitized.
sr. member
Activity: 854
Merit: 252
April 30, 2018, 10:07:31 AM
Bitcoin or Real Money
Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.

It is true nowadays, paper money still prevail that can't be deny actually. But in the near future, paper money also could also be replace by virtual currency which is Bitcoin which has really capable to become the world currency someday. It maybe impossible for now but there are many impossible things happened before.
member
Activity: 238
Merit: 10
April 30, 2018, 10:00:40 AM
bitcoin disappears it doesn’t mean that fiat money will grow bitcoin is the product of our technological advancement and whether we like it or not there is a changes of monetary system in the near future to make the world fully digitally run as what our world marching unto it, but as of this day bitcoin and real money are interconnected with each other as what mostly people really do by converting bitcoin into their local money, so bitcoin and fiat are both important in our daily life....
newbie
Activity: 112
Merit: 0
April 30, 2018, 09:47:26 AM
i think for me I have no choice between the two because they are just as important for me. The only cash money to buy anything you want to make money is an importanti and everyone needs to eat  Smiley

Yes Agree, that's why i choose both because they plays very important role in our life.
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