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Topic: Difference between Bitcoin and real money? - page 143. (Read 114883 times)

hero member
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December 14, 2016, 04:37:55 AM
The difference between bitcoin and money is money is using to buy bitcoin and we use bitcoin to invest into market and alternative coins if you're planning too to invest or buy altcoins then choose ico with lot's of bonuses you can really make it .
You have the wrong opinion about Bitcoin man. Bitcoin is a currency which is used to trade p2p with other people. Since you use bitcoin only to invest into market and alternative, you can easily destroy BItcoin forever. Bitcoin is born to become the world only currency and many people out there are trying their maximum effort so that Bitcoin can be recognized by others
legendary
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December 14, 2016, 03:48:33 AM
Paper currency which is no longer classified as money because it isn't backed by anything and governments print at will more and more of it is becoming more and more worthless, but bitcoin is limited, a bit like gold, there are only so many bitcoin available and as demand grows worldwide for it..btc price also goes up.

Demand growing up and Bitcoin being limited makes its price go up because, just like gold, it's going to be rare to be found soon. This is why Bitcoin has 9 numbers: 0.00000000. If the price goes up to one million, a satoshi would be equal to $0.01. The chances of its price to go up to $1m aren't high for now, but the real results will be seen next year when the aftermath of halving will be seen.
legendary
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December 14, 2016, 03:25:11 AM
Paper currency which is no longer classified as money because it isn't backed by anything and governments print at will more and more of it is becoming more and more worthless, but bitcoin is limited, a bit like gold, there are only so many bitcoin available and as demand grows worldwide for it..btc price also goes up.
even if fiat is not backed by anything it would not goes worthless anytime soon. Bitcoin might be developed and fly its wings on the future but i dont think it would be implemented by each government all out the globe. Adoption would really takes time and many discussions and meetings would be made regarding on this matter. No digital currency could able to surpass fiat currency.
legendary
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December 14, 2016, 03:22:05 AM
Paper currency which is no longer classified as money because it isn't backed by anything and governments print at will more and more of it is becoming more and more worthless, but bitcoin is limited, a bit like gold, there are only so many bitcoin available and as demand grows worldwide for it..btc price also goes up.
hero member
Activity: 574
Merit: 500
December 14, 2016, 02:10:53 AM
Money is a fiction by definition. Saying that there is real fiction is like saying that there are sweet salts. Either way your real fiction is wild wild west fiction where you can expect to have you money downgraded by every passing moment, and most of this money goes to gov.... ahem i ment banks. Government doesnt even see the money as a taxes its collect.

Bitcoin fiction on the other hand is just good because its not totally bad as a real fiction. Thats enough there is to say about that.
Until today, the real money was very good exchange subject worldwide. Bitcoin can also be, but only in the network. You need to look at things the right way and with reality.

Yes. We live in reality. Cant deny that. But you cant deny either that reality is made by real things and fictional thing that was turn into semireal because people think its real. In other words. Reality is a construct build on real and fake. Its a good mix of both of those.

If you are an american you will have hard time understanding that because you guys were programmed not to understand such an issue. European especially French or British elites have that understanding. Thats why they rule you without you even noticing it.

Fiction doesnt mean something is automaticly fake. Its just a story. Some people believe in founding fathers some others in american dream. It doesnt make this real stuff. Its just a stories. Some people believe in santa claus and other believe that fiat have any backings at all. Reality shows that fiat might be just a fairy tale. In effect money is just a pure force because it was backed by force. Going back to the start of building up of capitalism it was just that. Money was a pure brutal force concealed in a cloths of a fairy tale.
legendary
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December 13, 2016, 12:50:33 PM
The difference between bitcoin and money is money is using to buy bitcoin and we use bitcoin to invest into market and alternative coins if you're planning too to invest or buy altcoins then choose ico with lot's of bonuses you can really make it .

This does not put any meaning to bitcoin. You are just saying that bitcoin is a bridge for you to link money to investment or alternative coins? Bitcoin itself can do a lot of things. In fact, what i love about bitcoin is that it is one of the lowest fee for trading.
legendary
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December 13, 2016, 12:42:18 PM
The question should have been the difference between Bitcoin and fiat money, rather than difference between Bitcoin and real money. Bitcoin is "real" money. In fact, I would say that it is even better than the fiat currency.
newbie
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December 13, 2016, 10:52:18 AM
Different between bitcoin and real money in my opinion is we can know how much bitcoin in the world and there are not people who can make manipulation about it and we don't know how much real money who be printed.

yea thats right . Ive wondered why they not make more money on each every country.
Bitcoin can earn with the technology while the real money can earn both technology , sweat and blood.
hero member
Activity: 1372
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December 13, 2016, 10:23:44 AM
The difference between bitcoin and money is money is using to buy bitcoin and we use bitcoin to invest into market and alternative coins if you're planning too to invest or buy altcoins then choose ico with lot's of bonuses you can really make it .
legendary
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December 13, 2016, 09:56:11 AM
From legal viewpoint, Bitcoin is not money, currency or financial assets, at least not in my country.
I can't pay legal bills with Bitcoin, cafe, go to local store etc.
I also can't pay my loan in the bank with Bitcoin.
Basically, Bitcoin is not recognized by the government.
So, my only option is to collect and keep Bitcoin in my wallet and wait for the moment when Bitcoin will be legally accepted, and become mainstream.
When this happens, there will be no much difference between real money and Bitcoin.
hero member
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December 13, 2016, 09:45:27 AM
I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?

If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?

If your are confused that what you want in life then i suggest your to not invest your money in the end why? Because lots of website are scam they will not return what you've deposited to there webstes You must convert your money into bitcoin why? Because in bitcoin has a big potential to grow Smiley
Buy stocks of altcoin (ico's) and you can make a profit.
hero member
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December 13, 2016, 09:34:29 AM
Have big different between bitcoin and real money because real money can you buy anything want you want and all stores accept real money as a payment. But bitcoin only limited stores can accept it. Not all stores accept bitcoin so its not easy if you have only bitcoin you can convert it first into cash before you spend it.

That is true, there is only limited number of stores that accepts Bitcoins but if you have Bitcoin debit card which is accepted everywhere (usualy it's Visa or Master) you will not have that problems and then you can buy anything anywhere. In that case it's like you are having real money.

It just that real money fluctuates slowly compare to Bitcoin's fluctuation as of now. If you are holding a bitcoin balance today then value is changing faster than the real money you are holding at the same time plus it is have a big difference when you are earning with real money compare in earning bitcoin currency.
You said true but there is some chances that the price or rate may go back , we mean price of Bitcoin get lowered , So we can't say directly for benefits of money we are having Bitcoin but also there are some stretagy and trick to make money from Bitcoin that can't be done by use with real Money .
sr. member
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December 13, 2016, 09:29:24 AM
Have big different between bitcoin and real money because real money can you buy anything want you want and all stores accept real money as a payment. But bitcoin only limited stores can accept it. Not all stores accept bitcoin so its not easy if you have only bitcoin you can convert it first into cash before you spend it.

That is true, there is only limited number of stores that accepts Bitcoins but if you have Bitcoin debit card which is accepted everywhere (usualy it's Visa or Master) you will not have that problems and then you can buy anything anywhere. In that case it's like you are having real money.

It just that real money fluctuates slowly compare to Bitcoin's fluctuation as of now. If you are holding a bitcoin balance today then value is changing faster than the real money you are holding at the same time plus it is have a big difference when you are earning with real money compare in earning bitcoin currency.
legendary
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December 13, 2016, 06:50:31 AM
Have big different between bitcoin and real money because real money can you buy anything want you want and all stores accept real money as a payment. But bitcoin only limited stores can accept it. Not all stores accept bitcoin so its not easy if you have only bitcoin you can convert it first into cash before you spend it.

That is true, there is only limited number of stores that accepts Bitcoins but if you have Bitcoin debit card which is accepted everywhere (usualy it's Visa or Master) you will not have that problems and then you can buy anything anywhere. In that case it's like you are having real money.

The point is even that card is not available in many countries. The major difference between real money and Bitcoins is that you can earn the bitcoins more easily online than real money. And also have greater value compared to your real money or local currency. You can even trade or gamble the bitcoins easily compared to real money.  Smiley
legendary
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December 13, 2016, 06:33:59 AM
Have big different between bitcoin and real money because real money can you buy anything want you want and all stores accept real money as a payment. But bitcoin only limited stores can accept it. Not all stores accept bitcoin so its not easy if you have only bitcoin you can convert it first into cash before you spend it.

That is true, there is only limited number of stores that accepts Bitcoins but if you have Bitcoin debit card which is accepted everywhere (usualy it's Visa or Master) you will not have that problems and then you can buy anything anywhere. In that case it's like you are having real money.
hero member
Activity: 910
Merit: 507
December 13, 2016, 06:07:48 AM
Have big different between bitcoin and real money because real money can you buy anything want you want and all stores accept real money as a payment. But bitcoin only limited stores can accept it. Not all stores accept bitcoin so its not easy if you have only bitcoin you can convert it first into cash before you spend it.
full member
Activity: 224
Merit: 100
December 13, 2016, 04:45:39 AM
for me  bitcoin have more function . bitcoin can easily buy online. the real money was easily gone not like bitcoin you can earn them Smiley
Online Shopping for bitcoin is the most profitable of its habitat. Therefore, it is the network you want to use digital currency. But the real money in the real stores.
you are right that bitcoin is much more profitable for online shopping that we can buy anything from anywhere with bitcoin and bitcoin is available and acceptable in anywhere for online shopping so bitcoin is very easy to use for online shopping.
legendary
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Leading Crypto Sports Betting & Casino Platform
December 13, 2016, 02:09:24 AM
there are real big difference between bitcoin and real money  bitcoin is digital currency which is wildly use on the internet and also use by some few people for the exchange for real money, real money this is the money that is generally accepted by everyone in a community or in a placed can be presented anywhere
There are so many difference between bitcoin and real money, but for me the most important is bitcoin let us to avoid centralization if we use fiat becouse we need to save our money in bank, but if we use bitcoin we can save it in our own wallet.
If a centralised system is really a thing for you and it seems that you really need to avoid it then answer why? Is there something that gives you inconvenience so you really need to avoid it? I'm myself never had an issue with the centralised system. Didn't mean to be offensive i guess saving money in a bank is quite important for those who just need to save their money nor for investments
sr. member
Activity: 364
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December 13, 2016, 01:32:06 AM
there are real big difference between bitcoin and real money  bitcoin is digital currency which is wildly use on the internet and also use by some few people for the exchange for real money, real money this is the money that is generally accepted by everyone in a community or in a placed can be presented anywhere
There are so many difference between bitcoin and real money, but for me the most important is bitcoin let us to avoid centralization if we use fiat becouse we need to save our money in bank, but if we use bitcoin we can save it in our own wallet.
newbie
Activity: 14
Merit: 0
December 13, 2016, 12:40:31 AM
there are real big difference between bitcoin and real money  bitcoin is digital currency which is wildly use on the internet and also use by some few people for the exchange for real money, real money this is the money that is generally accepted by everyone in a community or in a placed can be presented anywhere
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