Difference between Bitcoin and real money? - page 32.

Gobeller

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Activity: 156

Merit: 10

Quote from: shezu007 on January 24, 2018, 01:29:44 PM

Quote from: ?? on ??

BTC is the best, there is no problem in saving it, so many things can be kept together at one time, but Bitcoin's future is very good, it can go up a lot anytime. It would be better to convert Bitcoin from money,

There is no difference in bitcoin and real money, bitcoin have both qualities , of real money and crypto currency. In fact bitcoin is better than the real money becasue holding of the real money can't generate income while the holding of the bitcoin does it. The rate of the income generation of bitcoin is very high than the real money. The Trade In bitcoin is also beneficial than real money. So bitcoin is better than the real money.

Bitcoin is not valid in most of the states in the world, cash is valid in every country. Cash is valid in every merchant, bitcoin is only valid in some merchants. Cash is very common but bitcoin is not, cash is legal.

cryptomaster4

jr. member

Activity: 119

Merit: 1

Crypto Enthusiast | Graphic Designer

bitcoin prize is changing very quickly.so if you can hold your btc some time you can earn a big profit from it.than you safe it in a bank.

maryhansenn

member

Activity: 308

Merit: 10

Your regular money won't brig you another money. Take the risk and buy bitcoin. You could become rich without doing the hard job

skymia

jr. member

Activity: 140

Merit: 5

BTC can help buy other cryptocurrencies...

shezu007

full member

Activity: 336

Merit: 121

Quote from: ?? on ??

BTC is the best, there is no problem in saving it, so many things can be kept together at one time, but Bitcoin's future is very good, it can go up a lot anytime. It would be better to convert Bitcoin from money,

There is no difference in bitcoin and real money, bitcoin have both qualities , of real money and crypto currency. In fact bitcoin is better than the real money becasue holding of the real money can't generate income while the holding of the bitcoin does it. The rate of the income generation of bitcoin is very high than the real money. The Trade In bitcoin is also beneficial than real money. So bitcoin is better than the real money.

jinxing

member

Activity: 276

Merit: 11

Both must have flaws and advantages. The difference is that bitcoin is simpler and keeps money safer or invests more promising. If real money is faster trading but unsafe. Maybe for the lower class people prefer real money because they think it's easier

Marnihughes82

member

Activity: 363

Merit: 10

With the current high liquidity for me bitcoin is also real money. There is nothing to worry when just with just one click you can convert them

MoneyCrafter

member

Activity: 224

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The first difference between Bitcoin and real money is on the basis of their usage .Bitcoin is used for online transactions and real money is used for ofline transactions.

GamingBro

sr. member

Activity: 434

Merit: 251

Bitcoin have a lot of features that real money don't have. It is anonimity, dezentralisation, safety, no annoying paper and many other stuff. Bitcoin is the money 2.0

romeo111

full member

Activity: 378

Merit: 100

Bitcoin is a virtual currency. It doesn’t exist in the kind of physical form that the currency & coin we’re used to exist in. It doesn’t even exist in a form as physical as Monopoly money. It’s electrons – not molecules. On the other hand real money exist in the kind of physical like coin and currency those we used to everyday and everywhere.

Elijah.elisha

member

Activity: 196

Merit: 10

Bitcoin is decentralized and or not backed by a central government or bank while real money or fiat currency is backed by a government or central bank where they control its supply. Other than that, both can be called currency that can be used as an exchange to purchase goods.

klebsiella

full member

Activity: 392

Merit: 100

The difference between bitcoin and fiat is that bitcoin is a virtual currency. No physical form and its value is changing because there is no central authority that keeps the value at certain level. There are a number of establishments that accepts bitcoin as a mode of payment. It can be easily used in a lot of countries because there is no need for converting it to the countries local currency. On the other hand, fiat or money are created and supplied by the banks and is controlled by the country's government central bank. It is widely used worldwide but depends on the local currency.

blackpete

member

Activity: 66

Merit: 10

Both has different attributes in its features between bitcoin and real money. I am really amaze by bitcoin and how this wonderful invention was created.
The legality as well is also the difference of both of them. Bitcoin is not accepted by governmen

haster100

member

Activity: 154

Merit: 10

The main difference in BTC and real money is that bitcoin is a cryto/digital currency which can also be used ilegally, And sometimes you can also be saved from bank trasactions . and the real money i would say is a currency by which you can buy goods or anything online and offline.

tal golan

newbie

Activity: 17

Merit: 0

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?

Personally I don't see different between the Bitcoin and real cash.
Real money is regulate but except this I do not see a lot of different.
We born and rase that money is one thing so we have hard time to get that he can be in another shape.

Nabobs Robi

newbie

Activity: 210

Merit: 0

Generally bitcoin is a cryptographic and global payment system. It's basically an online digital currency. Bitcoin can be exchanged for other currencies, products and services. Some merchants and vendors accept Bitcoin as a payment, and it is a symbol or a series of changes in the country.

Eric01

newbie

Activity: 29

Merit: 0

Real money you can buy what ever you like in an instant even in the nearest store you can avail it. but btc you just need it to cash it out or you need it to exchnge it to fiat for you to avail something but nowadays you can purchase using your bitcoins but not all there is a limited thing that using this as a mode of payment.

jazmuzika217

member

Activity: 476

Merit: 12

Well the fact that real money exist and bitcoin does not. Many people are more inclined and favor on real money. But dont lose hope, bitcoin also has many good attributes that paper doesnt have. Like for example, real money is centralized and controlled by one institution or government. While on the other hand bitcoin is decentralized and cannot be controlled by anyone. Paper money is reproducible, unlike bitcoin. A bitcoin cannot be duplicated. Paper money has many variety, meaning every single country has its own paper money and thats a major factor why paper money is slow. While bitcoin is fast.

bajigur894784

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Activity: 350

Merit: 10

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?

as we all know, inflation is rising all over the world, and it could develop into an economic crisis. in a weak economic situation, bitcoin would be very useful. because bitcoin can not exceed the 21 million limit. so, the price of a bitcoin will continue to increase over time. and many people call bitcoin as digital gold. and named it "Gold-2.0".
and I think, is a smart move when you change your money to bitcoin.

lamjed

member

Activity: 104

Merit: 18

Of course there is a lot of difference between real money and bitcoin. Bitcoin is a virtual currency. We can not have access to bitcoin only by internet. The use of virtual currencies is more easy then real money because everything is made through the net and technologies.

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