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Topic: bitcoin vs. real money??? - page 18. (Read 1987 times)

full member
Activity: 560
Merit: 100
April 27, 2018, 06:37:16 PM
Fiat money is getting outdated, in the modern world you use your credit card most of the times, it's much more handy. Bitcoin could take over, but that needs some time and ttansactions should be much smoother.
Well fiat money is still very necessary in the economy as this is still been used by many citizen. Although creditcards and other online payment is a big help for the people. Yes although bitcoin has a good features that we can use it anytime but real money would not disappear it is still useful in the future.
member
Activity: 126
Merit: 10
April 27, 2018, 06:32:06 PM
Hello everyone, I will be very happy if the crypto currency will replace paper money. It is much more convenient, for this the future
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
April 27, 2018, 06:26:04 PM
Fiat money is getting outdated, in the modern world you use your credit card most of the times, it's much more handy. Bitcoin could take over, but that needs some time and ttansactions should be much smoother.
full member
Activity: 966
Merit: 153
April 27, 2018, 05:48:21 PM
Fiat or real money is seen as risky because it suffers from inflation, when a government decided to “print” more of a Fiat currency, the value of everyone’s money goes down as a result. This is the exact opposite of what bitcoin aimed to solve. So i prefer bitcoin

The fiat money is not all that risky, at least, not more than bitcoin. Cryptocurrency like bitcoin investment is more risky than the fiat money because when you invest in fait money,  even if there is  inflation,  there is still a higher tendency of getting your profit within a specific period but unlike bitcoin,  its not.  Though, I will still invest in bitcoin.
full member
Activity: 283
Merit: 100
April 27, 2018, 05:04:16 PM
In addition, bitcoin provides an excellent opportunity to earn, unlike real money.  And it is much safer than dollars or other coins. I want to use bitcoin more than cash.
member
Activity: 308
Merit: 12
April 27, 2018, 04:45:06 PM
Bitcoin is quite capable of competing with real money, because it was created not as an investment, but as a currency. Therefore, it is possible that in the near future we will use only bitcoin.
newbie
Activity: 126
Merit: 0
April 27, 2018, 02:48:43 PM
In Bitcoin,  you can enjoy collecting it while price drop, and sell it when value increases ,  but fiat money stays it value for the very long time.
In bitcoin , you can't use it to buy easily, but in fiat money you can buy what ever you want easily  ,
In the end they need each other.
 You can earn money through bitcoin,  you can have bitcoin using your money.  Correct me if I'm wrong 🙏. Own opinion.
newbie
Activity: 28
Merit: 0
April 27, 2018, 02:38:19 PM
I prefer bitcoin other than real money since bitcoin already spread over the world and many people use bitcoin to buy products or any use of bitcoin.
copper member
Activity: 1162
Merit: 1025
April 27, 2018, 01:21:30 PM
In a short time the fiat money will disappear and Bitcoin with other cryptocurrencies will take over. By the time the bigger industries get involve in digital currency, then the Fiat money will be no more........
How could you say so? Because of its price? Well it wont happen that fast. Bitcoin cant replaced fiat currency. It still under it, remember the usage of the two and bitcoin does not accept all over the world, in fact some country already banned it. Not all people like bitcoin even they knew it so it cant make fiat currency disappear becauae people will still choose it than bitcoin. Better to look ok different side before you say that thing.
Real money is the clear winner.Real money is used by every person on the earth while bitcoin is used by only a small percentage of people only.Moreover bitcoin requires internet accessibility to get operated while real money can be used anywhere and anytime.Bitcoin is also decentralised and very volatile.On the other hand real money is centralised and stable and also government protects its power.Bitcoin cannot overtake real money at any cost.
newbie
Activity: 112
Merit: 0
April 27, 2018, 12:33:44 PM
Cryptocurrency is the future. But for now fiat currency and cash for that matter will dominate. Change takes time and as the masses become more aware of the potential of crypto, they will adopt it
full member
Activity: 167
Merit: 101
April 27, 2018, 12:25:06 PM
In a short time the fiat money will disappear and Bitcoin with other cryptocurrencies will take over. By the time the bigger industries get involve in digital currency, then the Fiat money will be no more........
How could you say so? Because of its price? Well it wont happen that fast. Bitcoin cant replaced fiat currency. It still under it, remember the usage of the two and bitcoin does not accept all over the world, in fact some country already banned it. Not all people like bitcoin even they knew it so it cant make fiat currency disappear becauae people will still choose it than bitcoin. Better to look ok different side before you say that thing.
member
Activity: 238
Merit: 10
April 27, 2018, 12:17:45 PM
There are not many years left, when bitcoin can replace real money, everything goes well, our generation will definitely use bitcoin instead of real money
member
Activity: 630
Merit: 24
April 27, 2018, 12:16:00 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.

The best will be to use blended system...But unfortinately, the main use case for cryptocurrencies is speculaton,users use bitcoin strictly as an investment. We need more bitcoin in real economy,the tendence for daily purchases.because in the digital realm it is used only in large businesses,small businesess don't use it as a payment method,therefore there is one question-Is there is a need for such a thing?...Its right today they are creating the tendences but its not enaugh.In additional,Cash also offers two additional advantages,it allows us to be precise about how much something is worth and let's us use numbers to talk about value...and at the same time bitcoin also gives advantages,That's why I think it would be better for everyone to use blended system.
member
Activity: 308
Merit: 10
April 27, 2018, 12:12:30 PM
Bitcoin is the same money, the only difference between bitcoin and Fiat money is that bitcoin is digital and very volatile, while Fiat is the opposite. However Bitcoin has a number of advantages and disadvantages in comparison with Fiat.
member
Activity: 534
Merit: 19
April 27, 2018, 12:10:20 PM
#99
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.
Of course it is. Not all knows about bktcoin yet but one day all will know and even use it in their daily transactions but these day... Paper money will still be their choice.
jr. member
Activity: 125
Merit: 1
April 27, 2018, 12:09:09 PM
#98
Fiat or real money is seen as risky because it suffers from inflation, when a government decided to “print” more of a Fiat currency, the value of everyone’s money goes down as a result. This is the exact opposite of what bitcoin aimed to solve. So i prefer bitcoin
jr. member
Activity: 147
Merit: 2
April 27, 2018, 11:56:06 AM
#97
In reality, Btc is the money.But it has to be converted into money.Btc is the currency whose price is and prices are volatile and also high.But it can't be used at all, without turning into money.It hasn't be introduced in all places and all the countries haven't given legitimacy.The money is always worth the use and the price is there.The price of Btc isn't as low as the money.So neither is comparable.
member
Activity: 364
Merit: 11
April 27, 2018, 11:50:38 AM
#96
there's a bit difference on bitcoin and real money ... because there's many people have no knowledge about bitcoin but real money (paper money) is easy to use for them
but i think in the future bitcoin will be good to use.
member
Activity: 627
Merit: 14
Crypto Article Sharer!!!
April 27, 2018, 11:46:22 AM
#95
I think,btc can afford more benefits than real money.But for that,world needs to be more digitalized.Because it is not possible to work with digital money now and everywhere. If the circulation is increased, there will be no further obstruction to using it.
full member
Activity: 462
Merit: 100
April 27, 2018, 11:19:51 AM
#94
yes, paper money still remains the main, although now bitcoin is already in use for transactions or investments, but paper money will remain the main, because not everyone can use it, such as the elderly and small children.
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