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Topic: Difference between Bitcoin and real money? - page 2. (Read 114867 times)

member
Activity: 798
Merit: 10
Many different between bitcoin and fiat money like dollars. Bitcoin have limited supply and impossible to add supply even have high demand. The different thing with fiat money is fiat money like dollars have unlimited supply and central bank can print money as they like to boost growth
newbie
Activity: 82
Merit: 0
Amplitude fluctuations Grin Grin Grin

Bitcoin is a kind of virtual digital currency. It itself has no entity (actually, the renminbi and the US dollar are not entities). The world's currency is slowly becoming a series of data in a string of databases.
Bitcoin, on the other hand, is completely direct, and it is simply a figure. Even the country’s credit is not. So, in simple terms, they are all numbers, all digital currencies.
newbie
Activity: 29
Merit: 0
The difference between bitcoin and real money is bitcoin couldnt get in touch but real money we can touch it,  right?
but in the system bitcoin and real money so different bitcoin can used by people from around the world anonymously
but real money only used for their country yea we can use it around the world but we can exchange it first and we can't use it anonymously
full member
Activity: 413
Merit: 105
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?


there's a huge differents about bitcoin and real money. Bitcoin is a crypto currency or what we call a digital currency. You cannot hold the bitcoin but as the same thing you can use it to buy things. The value of bitcoin change everyday so it is good for you to gain profit. While the real money is you can hold it but also you can still use it to buy things. The value of your real money did not change so that the money you have right now the other day still the same.
member
Activity: 266
Merit: 10
It's true both of them has its own advantages. But I think bitcoin is better. For example, you can store your bitcoin in a mobile wallet and as for real money you can't. You need to put them in banks and pay some fees in it. Bitcoin has smaller fees than paper money, besides transactions with bitcoin are very convenient.
full member
Activity: 560
Merit: 111
member
Activity: 266
Merit: 10
When it comes to getting accepted as payment, fiat and bitcoins is the same when you're travelling the world. You don't have to pay someone using bitcoins directly. If you're in India (for example), and you tried to pay using dollars in a local store, would they accept it? No, because it's a foreign currency. You have to convert it first. Just like bitcoins, you have to convert fiat. There's no difference.
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
Bitcoin is the evolution of money. Both Bitcoin and money can exist independently. Bitcoin gives you that upgraded feature of sending payments to anyone anywhere in the world in seconds. For now, fiat cash has the upper hand. But in 20 years bitcoin will have its dominance over fiat cash for sure

I agree to that, we can consider that bitcoin is the evolution of money and since we are at the stage of new era then we should be thankful that we can use cryptocurrency for our daily needs and pay for our bills because in this way we can spend less money.
member
Activity: 308
Merit: 10
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?

in my mind, the big difference between bitcoin and real money is bitcoin can be use in online world and not much store online that will accept bitcoin as their payment, and real money can be use in offline world and online world, and for the store, there is all store offline that will accepting money as payment. real money can be transferred into online world so real money have 2 benefit for us to use it, online and offline world.
member
Activity: 168
Merit: 10
Cryptocurrency is a currency online. It can be transferred anytime and anywhere as long as you have internet. It doesn't need processing to send payments. Unlike physical money that requires the function of different financial institutions to be used.
jr. member
Activity: 154
Merit: 1
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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?


first, can you invest anonymously in real stocks?
second, can you gain 10x ++ profit in about 2 years ?
with bitcoin, you can achieved that. bitcoin is not just an ordinary asset to invest.
you can look by its price year by year.
newbie
Activity: 10
Merit: 0
bitcoin is a digital currency, that doesn't depend of a bank , look check this guides https://cryptonewest.com/category/guides and see all of bitcoin
member
Activity: 238
Merit: 10
there are a big differences between bitcoin and real money...bitcoin ahave a higher apprisal than to real money....difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions....
sr. member
Activity: 882
Merit: 251
The only difference is that money is a currency that has long been invented and we always paid it off. And this is right now a new innovation, especially the transition to a digital currency will be exactly.
It is evident: you can touch fiat money and put cash in your pocket, and you will never do it with Bitcoin. If seriously, Bitcoin is the virtual currency that can be used worldwide, by people living in any countries.
full member
Activity: 465
Merit: 100
Bitcoin is the evolution of money. Both Bitcoin and money can exist independently. Bitcoin gives you that upgraded feature of sending payments to anyone anywhere in the world in seconds. For now, fiat cash has the upper hand. But in 20 years bitcoin will have its dominance over fiat cash for sure
sr. member
Activity: 854
Merit: 281
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?


No one, in my view, should put all of their eggs in one basket. Bitcoin is a bit of a mystery for many because it is an emerging technology and asset. It is just now being defined, and is actually defining itself according to its unique roadmap. Bitcoin is an asset worth considering if you believe that the future is digital and cashless.
member
Activity: 266
Merit: 10
Amplitude fluctuations Grin Grin Grin
jr. member
Activity: 52
Merit: 3

Both are currencies. Bitcoin is a digital currency and other local currencies we are using is normal currency with which we can purchase or do anything we need. As bitcoins is a digital currency, we can only shop or do anything only online. We can shop around and do more things online. But with other local currencies, we can do more / lot where we live
jr. member
Activity: 104
Merit: 3
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?

Bitcoin is a huge difference to real money, because bitcoin can not afford to buy real money, bitcoin can only be replaced with different coins or currency, but real money can buy what you want and you can replacing different currencies.
full member
Activity: 378
Merit: 100
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.

I think there are no difference except on bitcoin being a digital money that can't be touch and real money being a paper money that can be touched. It is just the same, i think, it is both money for me
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