Difference between Bitcoin and real money? - page 106.

msarro

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Quote from: taxmanmt5 on April 17, 2017, 06:44:48 AM

Quote from: poetra2501 on April 17, 2017, 02:51:24 AM

Quote from: taxmanmt5 on April 17, 2017, 02:14:33 AM

Quote from: Pierre 2 on April 16, 2017, 02:44:52 PM

There are lot many differences between btc and paper money,
But biggest one is bitcoin is decentralized and its full supported by its market. It is great to have that kind of money in this age.

I agree with this, being decentralize of bitcoin is the best difference of it to fiat or money, which makes bitcoin so unique and trying to beat by other coins Cheesy

. Also the support of the people of earning it is so different to real one.

Also, Bitcoin cannot to forged or corrupted as happened on fiat money.
Although for now the Bitcoin has yet to gain the trust of all countries to adopt this as
official currency like fiat money now, but I think Bitcoin is better than fiat money in this century.

Exactly, I really like what you have said or posted that bitcoin cannot be corrupted. I guess this is what we really need, it is not easily be hack ad steal by others like in fiat, easily as snapped

Yes its not easy to hack or steal bitcoins from your wallet as they are very much sitting safe there and the other benefit of having bitcoins is that you can carry any amount of bitcoins in your wallet and no one will be aware about it.

taxmanmt5

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Quote from: poetra2501 on April 17, 2017, 02:51:24 AM

Quote from: taxmanmt5 on April 17, 2017, 02:14:33 AM

Quote from: Pierre 2 on April 16, 2017, 02:44:52 PM

There are lot many differences between btc and paper money,
But biggest one is bitcoin is decentralized and its full supported by its market. It is great to have that kind of money in this age.

I agree with this, being decentralize of bitcoin is the best difference of it to fiat or money, which makes bitcoin so unique and trying to beat by other coins Cheesy

. Also the support of the people of earning it is so different to real one.

Also, Bitcoin cannot to forged or corrupted as happened on fiat money.
Although for now the Bitcoin has yet to gain the trust of all countries to adopt this as
official currency like fiat money now, but I think Bitcoin is better than fiat money in this century.

Exactly, I really like what you have said or posted that bitcoin cannot be corrupted. I guess this is what we really need, it is not easily be hack ad steal by others like in fiat, easily as snapped

hajimasan

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Quote from: Black Lizard on April 17, 2017, 04:48:15 AM

I think real money is not in accordance with the needs of the times now because it is always below the inflation rate, as a result the value of the currency down

Since you are right but still here we are not with the proper difference between bitcoin and real money .
In bitcoin we have numbers of the opportunities to make earning easily , so here most of the persons are using bitcoin like currency but in the real.money like Fiat local currency you have very numbers of the opportunities to make earning , I mean we can't make a profitable trade that will not involve any tax .
Here bitcoin is tax free and can be own in the wallet without any particular limit .
So here directly we can say that bitcoin has value for the people for making earning and generating buisness but real money is just only a way of payment .

roadbits

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Quote from: msarro on April 17, 2017, 04:50:39 AM

Quote from: taxmanmt5 on April 17, 2017, 02:14:33 AM

Quote from: Pierre 2 on April 16, 2017, 02:44:52 PM

There are lot many differences between btc and paper money,
But biggest one is bitcoin is decentralized and its full supported by its market. It is great to have that kind of money in this age.

I agree with this, being decentralize of bitcoin is the best difference of it to fiat or money, which makes bitcoin so unique and trying to beat by other coins Cheesy

. Also the support of the people of earning it is so different to real one.

Bitcoin definitely holds higher features and benefits in compare to real money as real money will never grow in future due to the inflation rate but the value of bitcoins keeps on increasing over a period of time so its better to save money in bitcoins and not in fiat.

Bitcoin is booming currency in the digital world. And the benefits of bitcoin is more attracting to compare real money. It is growing day by day very fast and becoming more popular in all country. The disadvantage is it is illegal in many countries and we can not use it for real world. Other than this it is far better than fiat currency.

msarro

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Quote from: taxmanmt5 on April 17, 2017, 02:14:33 AM

Quote from: Pierre 2 on April 16, 2017, 02:44:52 PM

There are lot many differences between btc and paper money,
But biggest one is bitcoin is decentralized and its full supported by its market. It is great to have that kind of money in this age.

I agree with this, being decentralize of bitcoin is the best difference of it to fiat or money, which makes bitcoin so unique and trying to beat by other coins Cheesy

. Also the support of the people of earning it is so different to real one.

Bitcoin definitely holds higher features and benefits in compare to real money as real money will never grow in future due to the inflation rate but the value of bitcoins keeps on increasing over a period of time so its better to save money in bitcoins and not in fiat.

iram3130

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Quote from: poetra2501 on April 17, 2017, 02:51:24 AM

Quote from: taxmanmt5 on April 17, 2017, 02:14:33 AM

Quote from: Pierre 2 on April 16, 2017, 02:44:52 PM

There are lot many differences between btc and paper money,
But biggest one is bitcoin is decentralized and its full supported by its market. It is great to have that kind of money in this age.

I agree with this, being decentralize of bitcoin is the best difference of it to fiat or money, which makes bitcoin so unique and trying to beat by other coins Cheesy

. Also the support of the people of earning it is so different to real one.

Also, Bitcoin cannot to forged or corrupted as happened on fiat money.
Although for now the Bitcoin has yet to gain the trust of all countries to adopt this as
official currency like fiat money now, but I think Bitcoin is better than fiat money in this century.

It'll take some more years for the countries to give Bitcoin, it's value as a currency. Japan is an example now which is trying to understand the Bitcoin and thinking about legalizing. But Bitcoin is decentralized and that is not a good feature for government's.
Bitcoin is better than real money for sure.

Black Lizard

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I think real money is not in accordance with the needs of the times now because it is always below the inflation rate, as a result the value of the currency down

choppork

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Quote from: wahb on April 16, 2017, 07:00:16 PM

Quote from: Pierre 2 on April 16, 2017, 02:44:52 PM

There are lot many differences between btc and paper money,
But biggest one is bitcoin is decentralized and its full supported by its market. It is great to have that kind of money in this age.

yes that is right to say that there are so many differences between bitcoin and real money, as bitcoin is online currency where as fiat is physical currency, fiat is related to some specific area, whereas bitcoin is a universal currency, fiat value changes from place to place, where as the value of bitcoin remain as same in all over the world.

"Fiat value changes from place to place" is like saying that cryptocurrency (as a whole) changes from website to website or platform to platform. There are different types of fiat and depending on the economy of the country that owns that currency is the price of that particular currency. Just like how there are different prices for every cryptocurrency. You generalized fiat to have different values depending on what currency you are using but you didn't categorize bitcoin into cryptocurrency. Bitcoin is just a part of the whole cryptocurrency system just like how dollar is a part of the whole fiat system.

poetra2501

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Quote from: taxmanmt5 on April 17, 2017, 02:14:33 AM

Quote from: Pierre 2 on April 16, 2017, 02:44:52 PM

There are lot many differences between btc and paper money,
But biggest one is bitcoin is decentralized and its full supported by its market. It is great to have that kind of money in this age.

I agree with this, being decentralize of bitcoin is the best difference of it to fiat or money, which makes bitcoin so unique and trying to beat by other coins Cheesy

. Also the support of the people of earning it is so different to real one.

Also, Bitcoin cannot to forged or corrupted as happened on fiat money.
Although for now the Bitcoin has yet to gain the trust of all countries to adopt this as
official currency like fiat money now, but I think Bitcoin is better than fiat money in this century.

taxmanmt5

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Quote from: Pierre 2 on April 16, 2017, 02:44:52 PM

There are lot many differences between btc and paper money,
But biggest one is bitcoin is decentralized and its full supported by its market. It is great to have that kind of money in this age.

I agree with this, being decentralize of bitcoin is the best difference of it to fiat or money, which makes bitcoin so unique and trying to beat by other coins Cheesy

. Also the support of the people of earning it is so different to real one.

MoneyIsDebt

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Quote from: BeGoods on April 16, 2017, 06:38:36 PM

Quote from: Gens09 on April 16, 2017, 04:09:19 AM

The difference of bitcoins in a real money is currency real money is a physical money and we can carry it anywhere and pay or buy something bitcoin is a virtual currency that we can only store in our bitcoin wallet maybe in a hardrive wallet, in a computer or in our phone.
Another is the exchange rate of bitcoin is a lot than a normal currency example dollar 1 bitcoin is a thousan dollars.

I think the difference is of the form itself. real money has a physical form and digital bitcoin. but both are the same and varied functions for pay something

both are the form of currencies. it depends upon the users that how he takes it. the main difference is real money is that it digital and most of the people prefer it because they don't want to take risk or understand the ethics of internet currency or they find internet currencies very risky without understanding it. for the use of daily life you have to exchange it in real money so, that is also a big difference for me. i think most of the people are using it for online earning through different means and for investment purposes and real money is used as local currency for daily use.

Aleister Crowley

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Quote from: wahb on April 16, 2017, 07:00:16 PM

Quote from: Pierre 2 on April 16, 2017, 02:44:52 PM

There are lot many differences between btc and paper money,
But biggest one is bitcoin is decentralized and its full supported by its market. It is great to have that kind of money in this age.

yes that is right to say that there are so many differences between bitcoin and real money, as bitcoin is online currency where as fiat is physical currency, fiat is related to some specific area, whereas bitcoin is a universal currency, fiat value changes from place to place, where as the value of bitcoin remain as same in all over the world.

very noticeable difference between boitcoin with real money is if bitcoin is virtual money and real money's fiat is legal in all states, the real money of course be recognized in all places. but bitcoin not, we can not transact in all places, in the store or market, and also bitcoin has no price control, berbada with real money which has oversight of the government, and the price of bitcoin is rapidly changing, but now bitcoin a choice of internet users to earn money and do business, not a few people who focus and make bitcoin their main job. but with the difference bitcoin and real money, we have many options for easier transactions can even earn money, .. Grin

the rise

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Quote from: Milyonarya on April 16, 2017, 08:33:33 PM

Yes theres a big difference between bitcoin and money. Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. While money is a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.

Outline that you describe the difference of the rules, I agree with you, but their intrinsic no difference to function as a currency, if we look at the future of technology, is solution for bitcoin trading in bulk and not centralized. so I consider bitcoin will gradually become legal as Japan has done today.

Milyonarya

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Yes theres a big difference between bitcoin and money. Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. While money is a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.

XTunnel

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Bitcoin needs to be fungible in order to be real money. With the way it sits right now bitcoins can be tracked, by the coin. If they were fungible this wouldn't be possible.

Pattart

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Quote from: bitcoin-shark on April 03, 2017, 12:02:33 PM

why you should prefere bitcoin at real money? to escape bank sistem and become your bank by yourself "BE YOUR OWN BANK" and why not your transactions are a little more anonimous that those with real money

I think here is not told to choose between real money and bitcoin. you can use them, the question is what is the difference between bitcoin and real money

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Quote from: BeGoods on April 16, 2017, 06:38:36 PM

Quote from: Gens09 on April 16, 2017, 04:09:19 AM

The difference of bitcoins in a real money is currency real money is a physical money and we can carry it anywhere and pay or buy something bitcoin is a virtual currency that we can only store in our bitcoin wallet maybe in a hardrive wallet, in a computer or in our phone.
Another is the exchange rate of bitcoin is a lot than a normal currency example dollar 1 bitcoin is a thousan dollars.

I think the difference is of the form itself. real money has a physical form and digital bitcoin. but both are the same and varied functions for pay something

Yeah physical form is one of the factor that makes a big difference. The same has caused the fiat to get more acceptance than digital currency. If bitcoin has got a physical form it might have reached more number of users than the present because right now only the technically skilled people use it much than common men.

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It's sad that the topic starter has not been active for a long time, if he continued his journey here, he might just be richer than he is now. Bitcoin is very helpful towards what he is asking for like investing, saving, all kinds of stuff. There are a lot of difference between real money and fiat, it can go together.

wahb

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Quote from: Pierre 2 on April 16, 2017, 02:44:52 PM

There are lot many differences between btc and paper money,
But biggest one is bitcoin is decentralized and its full supported by its market. It is great to have that kind of money in this age.

yes that is right to say that there are so many differences between bitcoin and real money, as bitcoin is online currency where as fiat is physical currency, fiat is related to some specific area, whereas bitcoin is a universal currency, fiat value changes from place to place, where as the value of bitcoin remain as same in all over the world.

BeGoods

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Quote from: Gens09 on April 16, 2017, 04:09:19 AM

The difference of bitcoins in a real money is currency real money is a physical money and we can carry it anywhere and pay or buy something bitcoin is a virtual currency that we can only store in our bitcoin wallet maybe in a hardrive wallet, in a computer or in our phone.
Another is the exchange rate of bitcoin is a lot than a normal currency example dollar 1 bitcoin is a thousan dollars.

I think the difference is of the form itself. real money has a physical form and digital bitcoin. but both are the same and varied functions for pay something

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