Bitcoin is a online cryptocurrency which is not accepted by everyone but real money is accepted. Bitcoin is more safe than real money as it is online secured with a password.
"Real money" is not accepted by everyone either
There is no real money in the sense of one single currency, there are many different currencies out there. Some of them, like the US dollar or Euro, are more or less accepted everywhere (at least, you won't starve to death with them anywhere, if only in Antarctica), other minor currencies are accepted only locally. And it remains to be seen whether Bitcoin isn't accepted more widely than the latter. Should we thus conclude that local currencies of small countries are not real money at all?
Very well stated, deisik. I should copy that, memorize that, and tell that to everyone I know involved in money & investments.
Bitcoin may, or may not, become accepted as an international currency (one of finviz.com 's links (Forex) shows BTC price along with the Euro, etc.):
http://finviz.com/forex.ashx
Everywhere I have been, the US$ and the Euro can be converted pretty hassle free (except somewhat the Euro here in the USA), your experience matches mine. The Euro is easy to convert to local currency in Peru for example.
The term "money" is indeed a slippery concept.
