Bitcoin is digital currency, a product of technological advancement that can be access through online. It has a lot of advantages which includes being profitable, conveniency, easier and faster transactions, commodity of investment and even in some ways it's changeable price because you may see it fall off in this moment, it can rise up in just an hour. However, the unsteadiness of Bitcoin can be a great destruction especially if it hits the rock bottom suddenly.
Real money or the flat is the primarily instrument of doing transaction which involves money, cost, and expenses. It has the advantage of having physical existence that Bitcoin doesn't have and that it is what being acknowledged and accepted as the primary and legal tool for transaction by most people especially the government.
Bitcoin and real money are interconnected with each other as what mostly people really do by converting bitcoin into their local currency. Both have their own edge and has unique utilization, paper money must still mean a lot of people for not everyone has access to the digital world. Nonetheless, the function of both is one and shouldn't be overplay.
Topic: bitcoin vs. real money??? - page 20. (Read 2073 times)
Bitcoin is in a transition period (replacing paper money) - also, don;t you think it takes time? Paper money is now the most used medium of transaction around the world, it will take a few decades.
I really think that bitcoin is the future. Specially in this time of technology. As we move into the future of electronics, everything is being replaced by digital version of thing we need and bitcoin is one of them.s oon enough paperbills will be a thing in the past
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.
Great answer mate here,why people keep on comparing this two currency while for sure both are needed by whole world and will never lose any of one..For me even if we cross to fully computerized world,fiats will remain and will be use..because world will never be completely changed by new world there will always be small communities that may transact manually
The impact of bitcoin is growing very fast. I am sure that if the same survey is conducted in 2-3 years, the majority will prefer bitcoin.
For me I prefer to hold real money than bitcoin because real money is very useful in case of any emergency that need financial and this is safe also for any price volatility.
The impact of bitcoin is growing very fast. I am sure that if the same survey is conducted in 2-3 years, the majority will prefer bitcoin.
For me it is still convenient to use fiat money, may it be in cash or thru debit cards in transacting/purchasing in person. Transactions thru cryptocurrency still takes some time, especially when you are dealing with other people/businesses personally. But in online purchases I don't have any problem using BTC or fiat money coz it's processed right away and is deducted to my account reel time. I usually use BTC online when its price is high.
I prefer bitcoin in normal situation because bitcoin value will continue to increases its value once the market is rising unlike traditional money in which its value did not increase.
For me it is still convenient to use fiat money, may it be in cash or thru debit cards in transacting/purchasing in person. Transactions thru cryptocurrency still takes some time, especially when you are dealing with other people/businesses personally. But in online purchases I don't have any problem using BTC or fiat money coz it's processed right away and is deducted to my account reel time. I usually use BTC online when its price is high.
Bitcoin vs. real money, according to some governments, bitcoin can threaten the value of real currency, but bitcoin is a product of technological advancement, and whether we like it or not any monetary system changes in the near future to make the world fully run digitally our world is based there, but on this day bitcoin and real money are related to each other like what most people do by turning bitcoin into their local money, so bitcoin and fiat are equally important in our daily life.
I always choose bitcoin becuase of its value real money is stable no but value always fixed no up down . on the otherhand btc always moving price up down . thats why i like btc and i try to save my btc for my future.
Bitcoin definitely, since its safe and easier to use. No worries of theft and losing it. After debit/credit cards revolution, cryptocurrencies is next revolution.
Well people have lost btcs in their wallets in the past. Phishing for information works for crypto as well as with the current system. Though i agree that crypto will be a major player in the future and people will seriously consider choosing it over real money.
Yes now all governments are planning to make their country cashless suppose if it happens then the cryptocurrency will take a major part in that process. But in this generation, it is not possible maybe next generation people easily accept digital payment.
agree that no one considers real money as an investment.and bitcoin and cryptocurrencies are mainly investments
In my opinion, I understand that Bitcoin can be purchased online with a digital currency bitcoin, and can be earned by adding bittacquine, and real money can not be done, Rela Money runs around the world, But bitcoin vs Rela Money I want to know more about real mone because I know this very much
Bitcoin definitely, since its safe and easier to use. No worries of theft and losing it. After debit/credit cards revolution, cryptocurrencies is next revolution.
Well people have lost btcs in their wallets in the past. Phishing for information works for crypto as well as with the current system. Though i agree that crypto will be a major player in the future and people will seriously consider choosing it over real money.
Bitcoin vs. Real Money rather Hard Cash is very trending topic here in the forum. Bitcoin was more profitable than Hard Cash if we invest. Why?, First, Bitcoin raises its price or value faster than Real Money because of inflation and the trends of itself. Second, Bitcoin automatically raises its value or amount. Third, Digital Wallet is only required meaning gadget or even smart phone only is needed to hold your Bitcoin Money.
As on my opinion Bitcoin is better than Hard Cash in many matters.
As on my opinion Bitcoin is better than Hard Cash in many matters.
Only a thousand people do not seem to me a representative sample. The small difference between cash and cards and the high popularity of cash makes me suppose a sample of older people. Good result of virtual currencies anyway.
Bitcoin definitely, since its safe and easier to use. No worries of theft and losing it. After debit/credit cards revolution, cryptocurrencies is next revolution.
Bitcoin! Because it’s more secure and faster. These days, bitcoin transactions have become relatively more expensive (due to the high amount of transaction volumes in the network), however, they are more secure due to the complicated math algorithms behind the blockchain technology (which also makes them faster than fiat money transactions). Bitcoin is also better than cash, because it’s decentralized, and there is no speculative central authority institution or bank behind it.
Bitcoin is a digital currency can be used both as a currency as well as a commodity of investment, bitcoins does not have physical existence whereas real money has physical existence, bitcoins can transferred all through out the world without the help of banks and with low transactions fees whereas in transferring real money to other foreign countries it requires more transactions fees and conversion fees and real money can only be transacted with the help of banking system. Bitcoins are limited in number with a total of 21 million bitcoins in the crypto market whereas any number or infinite number of real money can be printed by the governments whenever they want to print. Duplication of bitcoins is not possible whereas with real money duplication is possible and promotes black market or black money.
definitely botcoin. Say No to paper money!!!! 
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 am surprised at the numbers, never thought that 15 % would be using crypto. I think that for a similar research in developing countries, numbers will be less than 1-2 % .
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