Difference between Bitcoin and real money? - page 16.

Ekimzjames20

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Quote from: Majharul Saiif on March 01, 2018, 04:56:17 AM

There is a huge difference between Bitcoin and real money.One is refers to cash money and the other is virtual money which is not touched my hand.Those are needed for our everyday life.Cash money is used in our everyday life for doing everything and the virtual money is not acceptable in all places. Virtual money is used for doing many illegal work too.

Bitcoin is a digital currency that the transaction is at the online between individuals. We can't see and touch. While real money is in our hand, we can see and touch. The bills we used in our country. That you can used to pay in every trasaction that we do, anytime anywhere.

Majharul Saiif

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BountyMarketCap

There is a huge difference between Bitcoin and real money.One is refers to cash money and the other is virtual money which is not touched my hand.Those are needed for our everyday life.Cash money is used in our everyday life for doing everything and the virtual money is not acceptable in all places. Virtual money is used for doing many illegal work too.

Hero2spin

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I believe the difference between bitcoin and real money is bitcoin is a crypto currency it can't be seen physically but yet it exists but real money is physical.
Another difference is bitcoin is decentralized while real money needs the bank. Bitcoin is controlled by nobody while real money is controlled by the government.

ashlyvash00

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I think the different about bitcoin and a real money is bitcoin has more secured and easy to transact. Bitcoin increase huge price and also huge fall. Real money always in a stable price. But bitcoin cannot pay some food or etc in a mall. But theres certainly store accept bitcoin.

tyas pur

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Quote from: Choyor on March 01, 2018, 03:03:49 AM

I think the difference between digital currency and virtual currency is the value of these two currencies. The virtual currency has no value because they are not created for real-life use. An example of virtual currency is the points or coins you get when you win a game and you can swap those points for certain features in the game. This is one of the earliest forms of virtual currency. maybe that's a bit of my knowledge.

True, the most distinguishing is the value of these two currencies. If the real currency value cannot be changed, but if the digital currency can change its value in a short time.

Choyor

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I think the difference between digital currency and virtual currency is the value of these two currencies. Virtual currency has no value because they are not created for real-life use. An example of virtual currency is the points or coins you get when you win a game and you can swap those points for certain features in the game. This is one of the earliest forms of virtual currency. maybe that's a bit of my knowledge.

aoebtc01

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Quote from: cryptojac17 on March 01, 2018, 02:52:59 AM

Quote from: aoebtc01 on March 01, 2018, 02:41:05 AM

Real money is under legal of goverment.
How about Bitcoin? People use Bitcoin because they can get profit from it, if Bitcoin back to zero value, can't earn profit any, I'm not sure people will continue to use Bitcoin.

Yeah if you want anonymity,elude taxes, and you want no boundaries bitcoin is a good investment aside from many taxation set by the government you can have a privacy that would hide you from public scrutiny. In terms of investment you a can expect a higher return of investment because the price will pump every now and then.

Unfortunately I don't have to much money for anonymity,elude taxes...
But I'm trying to earn money from Bitcoin much as much I can Cheesy

jcarlo

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Quote from: crst on September 10, 2016, 01:13:57 PM

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?

I think, The different about bitcoin and dollar is bitcoin decentralized and dollar need bank central. The flaw about dolar is central bank the can print money from the thin air not with bitcoin because bitcoin have limited supply and its crypto and anonymous currency.

cryptojac17

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Quote from: aoebtc01 on March 01, 2018, 02:41:05 AM

Real money is under legal of goverment.
How about Bitcoin? People use Bitcoin because they can get profit from it, if Bitcoin back to zero value, can't earn profit any, I'm not sure people will continue to use Bitcoin.

Yeah if you want anonymity,elude taxes, and you want no boundaries bitcoin is a good investment aside from many taxation set by the government you can have a privacy that would hide you from public scrutiny. In terms of investment you a can expect a higher return of investment because the price will pump every now and then.

Xanxus024

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The advantage of bitcoin are mode of payment and decentralized form we all know that no authority involve every time we make transaction but the disadvantage of bitcoin has no physical form and we cannot use it without internet connection. Money for me is for real world we can used it anywhere its very convenient but the supply is controlled by the government.

aoebtc01

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Real money is under legal of goverment.
How about Bitcoin? People use Bitcoin because they can get profit from it, if Bitcoin back to zero value, can't earn profit any, I'm not sure people will continue to use Bitcoin.

rexter

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The difference of Bitcoin and Real Money,Bitcoin can be manipulated by "Whales" are people or possibly a group of people working together to hold a large percentage of that coin and can use this to their advantage to manipulate the price of a coin to the desired price.Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.

eltito

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It is true that bitcoin is not accepted directly as payment method in many places at least not the ones that we need, but there are ways you could use bitcoin to shop online or to buy from the supermarket, like using bitcoin debit cards they are really simple and you can use it like any credit card anywhere and anytime.

bitcoinbot

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Bitcoin is not legal in so many countries and real many is legal and every country except real money and we can use it in every country or we can exchange others so this is so big difference between bitcoin and real money, but i think this problems will handle in the future and we will use only digital money .

Lmaooo

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Quote from: densuj on September 10, 2016, 01:29:51 PM

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.

The simple difference is, the bitcoin is a digital currency that is secure and decentralized and controlled by no one, government, or central authority, unlike the real paper money which is issued and controlled by the governments and banks.

jamesscorpin88

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There are some solid difference between Bitcoin and real money. Bitcoin is an electronics and online based virtual currency while real currency exists in practical. Bitcoin system is a decentralised currency system that means universal currency system. As a result of that people can invest in Bitcoin from different countries in the world. On the other hand real money can be used and invested in traditional way. It is difficult to transfer the real money from one country to another. Besides this, Bitcoin is very easy to transfer from one country to others. To convert from Bitcoin to real money is also easy. These are the difference as I realised.

m9shn9sh

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Actually bitcoin is used as money. Because we invest our money in bitcoin account for earning money. Other way we can buy anything to use bitcoin nowadays. So we can probably say that bitcoin is alternative for money. But after that we see different of bitcoin and money.

XEOP$

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In Crypto We Trust

these real money, they can wear down, can worn out if they are overused, this is not a case with Bitcoin

Boknoyz

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The difference between bitcoin and real money is that when you use bitcoin you don't have to enter any personal information like the real money bank accounts that when wanna buy anything of the internet they wanna know all about you, the bitcoin is a much secure way that way your money is more safer.Aside from bitcoin not having a physical form, The main difference of the two is paper money is under the government and bitcoin is not .

Luckyji

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Bitcoin can be bought over the internet as well as it can be used to purchase items from different online businesses. Although bitcoins work just like real money, it has many distinctions with real currencies. As a bitcoin miner and collector, it is important that you know the differences between bitcoins and normal money and this while normal money can be use physically to buy and exchange one on one.

Topic: Difference between Bitcoin and real money? - page 16. (Read 114867 times)