Topic: Difference between Bitcoin and real money? (Read 114882 times)
The distinction of Bitcoin and Real cash is that Real cash is controlled by Central Banks, keeping in mind the end goal to execute with other individuals long separation you require an outsider which you need to pay to make the exchange finish in the other hand, Bitcoin is simply distributed you just need to pay huge for the diggers on the off chance that you need to get checked and affirmed quick or simply pay least.
the most popular marginal note distinguish bitcoin to definite mone is how they are used, valid part is genuine maintenance therefore it can be used in anywhere in society and user-easily reached to use in daily payments, but bitcoin is digital using internet on your own, and is illegal in some countries, not much people know approximately bitcoin.
It most preferred to convert your $ to bitcoin because when you have bitcoin you are also having asset that has a great value and will increase at any point in time but the dollar is some how limited n it come to interest generation. Bitcoin can be use for payment any where in the world but the dollar is restricted to some locations.
Bitcoin is a digital currency. Bitcoin can be mined, and the dollar can not. The dollar will not be able to soar as high as Bitcoin.
I'm for bitcoin, it's convenient and grows in price of course and falls, but overall the dynamics are good, new altcoys are also pleasing, but not all, and now money has become the instruments of the hands of politicians!
The difference between them is...Bitcoin is a virtual currency that is conducted by peer to peer network.It is intangible.And the currency is stored in a digital wallet.On the other hand real money is that we can touch in a form of paper or coin.
If we consider the issue on its merits, the things so that almost all that I get out of cash, it is real money. I can spend it in any place and at any time of the day. But if you take for example bitcoin, there where I dwell, for bitcoin practically nobody has heard, not to mention the fact that the stores took them as payment.
Once there were no ATMs and there were no plastic cards and not everywhere they could be paid, although now there are places where you will not receive a plastic card. Today almost everyone has a plastic card tied to a bank account. But the world of money is revolutionizing and if a few years ago almost no one heard about bitcoin, now more and more people want to learn about bitcoin more and buy it in order to use it as payment for purchases and services on the Internet.
Real money is issued,printed and controlled by government of respective country and government impose tax on it and we can't use currency of one nation to other nation . But bitcoin is completely different because it is neither printed nor issued by central government. It doesn't have taxes either so what else difference you want. The best form of money I like it
As they say that the bitcoin what it isn't tied up by while fiatny money, is tied up by both gas and gold, and oil, is a pity that people can be mistaken, the bitcoin is the future of all mankind, to leave on a background it won't turn out any more, he anywhere and everywhere.
In the end the primary difference is control and reliability in the end you wont have bitcoin loans floating around that a bank would do and you'll never be in a position in the case of people not repaying their loan causing banks to crash. Then there's the privacy offered by Bitcoin and the decentralization which removes money from governance.
It is not difficult to distinguish between bitcoin and realm money, but the most visible is the centralization for real money whereas bitcoin uses decentralization, it has a big impact on value or price, centralization will make the price easily determined but decentralization is only a decisive market.
there are a lot of diffrence between these two mode of payments but the most important diffrences are bitcoin is controled by the user but real money is controled by banks not by users. government can take actions on real money but bitcoin is same in all the times nothing will change it
Bitcoin is better than real money 
But honestly bitcoin is decentralized and this is the main difference between real money and btc.
But honestly bitcoin is decentralized and this is the main difference between real money and btc.
If we consider the issue on its merits, the things so that almost all that I get out of cash, it is real money. I can spend it in any place and at any time of the day. But if you take for example bitcoin, there where I dwell, for bitcoin practically nobody has heard, not to mention the fact that the stores took them as payment.
Btc is being chain down by these futures, and other parties interested in monopolizing the price, keep that in consideration as your investing.
The biggest difference of money from bitcoin is that tangibility. Money is tangible while bitcoin is not. Also, in the financial/government aspect it the centralization. Money is centralized while bitcoin is decentralized.
There are quite a few differences between bitcoin and fiat but some of them are: the possibility of sending any amount of money for a very small fee all over the world, this is a great advantage over fiat, the pseudonymous nature of bitcoin offers privacy from the eyes of banks and governments, bitcoin can be used to carry great amounts of money on you without anyone knowing about it including banks and governments, the same cannot be said about credit cards and having a lot of fiat or gold with you is suspicious for some authorities.
Although both of them are currency but both have different acceptance.You can use it anytime,anywhere and for your instant need.If you want you can keep it in your own hands or keep it in the bank.You can invest anywhere such as gold,real estate,shares,debentures,zero coupon bonds etc.And Btc is a digital currency that doesn't require any tax or stolen and can't be invested everywhere.And its price goes up and down.
The real money is what we see and can hold in our hands but bitcoin is not completely invisible
In fact bitcoin is easier than real money ,in the sense of transection, free from taxes. It provides an alternating way to earning which only depends upon the knowledge. Because real money can earn by uneducated person also whereas bitcoin depends on education of yourself.
Jump to: