Topic: bitcoin vs. real money??? - page 19. (Read 2029 times)
depends on what purpose.I am sure that now no one will use ordinary money to invest in their future,because they do not increase their volume
Bitcoin is what I prefer to fiat or real money, because bitcoin can triple my initial deposit in a heartbeat,i can carry large some of money with ease.but for real money. It's not possible..
I preferred for both, since real money is used for real time and for actual consumption in our daily needs. While bitcoin or crypto currencies is not yet fully established to used as exchange of any items or our needed, but the good thing in crypto currencies we have an investment if in case virtual currencies or digital era's coming. Both real money and crypto currencies are usable but it was in different ways, it was good if they have both for the future. Bitcoin and other coins now are less usable compare to real money but in terms of income bitcoin are easily to gain versus real money.
Both of these have advantages and disadvantages it depends to us if how they can handle it.
Both of these have advantages and disadvantages it depends to us if how they can handle it.
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.
I see a lot of delusional replies here favoring bitcoins over cash. I am a fan of blockchain technology and crypto but it stands no where in competition to cash.
Cryptocurrency market is new and people is just starting to know about it. Because of that real money is dominant nowadays. But i believe that cryptocurrencies will develop and dominate the real money in the future.
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.
maybe bitcoin will be money in the future to replace the paper money. but because not many know about bitcoin and now bitcoin position itself as an intermediary for sale and purchase online or virtual money that I think If bitcoin could solve the problem of block congestion, bitcoin would become a real international currency.
I've always believed that, so I'm willing to hold bitcoin.
Real money vs bitcoin, real money is world wide exchange able and bank, government accept it any questions but virtual money is not widely exchanges and bank, government can't control it. I've always believed that, so I'm willing to hold bitcoin.
Centralized vs decentralized.
Biggest and most important difference between them.
Biggest and most important difference between them.
I believe in bitcoin more than real money.
As it has been, the bitcoin will eventually rise.
As it has been, the bitcoin will eventually rise.
Yes, Hopefully it could be
Paper money is still the most popular in many countries. The number of people who know Bitcoins is not the most common in the world. especially in Asia. Some countries also prohibit the use of Bitcoin as a means of payment and treat it as illegal. So the paper money still prevails.
There is no doubt that real money is the best money in the world. Real money will exist side by side digital currency and Bitcoin will dominate all currencies in the future i think.
You pretty much blocking yourself down.
On the first hand you say that real money is the best in the world, which I tend to disagree as real money is just "something that people sees real", the fact that the governments accept it doesn't make it real money, real money is something that people agrees to accept, it could be pencils or sticks, money can be anything and "real money" is a very big term.
I think that bitcoin has a lot of advances over the traditional money ( which you call real money).
There is no doubt that real money is the best money in the world. Real money will exist side by side digital currency and Bitcoin will dominate all currencies in the future i think.
USD has some value just because everyone believes that it has a value otherwise it's just a piece of paper. On the other hand, Bitcoin has value just because we the users believe that it has the value. There is core difference between these two currencies, in the first one it is regulated and controlled by the government so you can't claim the value if the government don't want you to do so. Whereas there is no centralized authority that controls Bitcoin and there are some set of rules which are followed by everyone and we can always claim the value associated with the Bitcoins belongs to us.
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........
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.
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.
I think the two will still be used because they have their own usability, bitcoin for online transactions as well as investment and fiat currency is used for daily transactions.
I think that bitcoin has still a long way to go to be as popular as cash for payments. There are problems with it like the transactions not being instant which reduce the convenience.
In as much as we are all waiting anxiously for BTC and the whole concept of blockchain technology taken over in the near future but the truth remains. Real money will always be in abundance that digital currencies especially bitcoin can not take absolute control of making payment with paper money.
Personally, I do not think that it is practical to use bitcoins for offline deals as it is jot instant. Cash is more convenient currently.
both are equally valuable because bitcoin is generally around the world there is no official bitcoin payment place because it is digital. while real money for bitcoin exchange.
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