For me bitcoin is like a money you been timed deposit in the bank and waiting for the good timing to cash out..
While the real money you can spend it anytime you want.
Topic: Difference between Bitcoin and real money? - page 42. (Read 114848 times)
The difference between bitcoin and real money is that one is a virtual currency, one currency for offline transactions.
Bitcoin is a decentralized currency system unlike any fiat money. No one controls it and I do think investing in bitcoin is better than real money. The value of bitcoin is continuously fluctuating but if we look on its demand curve from 2011, its value is just rising so buying bitcoin and hold it as long as possible would be a really good idea.
I would say that bitcoin and fiat are almost the same since they both have value in the market and can be used as a payment into other obligations. We see bitcoin is slowly being accepted worldwide and I can see future that this digital will be a mainstream currency as well. I'm still hoping in the near future there will be more merchants that is going to accept bitcoin.
I think after 1 year, you have found the answer. real money and Bitcoin are totally different. Real money is just used in payment. Bitcoin could be used for investment
yeah, decentralization is a very important differentiator....
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?
The key difference that i believe that will answer your questions is that fiat currency is centralized while bitcoin is decentralized. By this, no one dictates to you how and when to use your money. There are more benefits which include charges especially for high amounts 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 currency also. bitcoin is new world . it was ceated to unifiy the currency is a cashless bases but it become trade after it was found out that it can generates more money
main difference between real money and currency:
"
"Money" is a "Store of Value". This means money is able to be saved for long periods and retrieved at a later time with its purchasing power unchanged.
Both should have following:
Store of Value
Medium of Exchange
Unit of Account
Durable
Divisible
Portable
Fungible "
bitcoin therefore fits definition of real money better than fiat currency.
"
"Money" is a "Store of Value". This means money is able to be saved for long periods and retrieved at a later time with its purchasing power unchanged.
Both should have following:
Store of Value
Medium of Exchange
Unit of Account
Durable
Divisible
Portable
Fungible "
bitcoin therefore fits definition of real money better than fiat currency.
Difference ?
Bitcoin maybe as a digital currency and not real , but always have a good value if exchange to fiat money.
but bitcoin is have a fluctuate price , can dump too fall , and can rise too far.
Real money/Fiat , is can used everywhere , instant to pay someone or buying food/goods in store , but some site accepted payment by bitcoin , not all , but i see some site accepted to bought some goods using btc as payment processor like amazon.
but , bitcoin for me is as a money in internet , and real money/fiat is for instant payment in my real life , sometimes i exchanges my btc to fiat money too.
Bitcoin maybe as a digital currency and not real , but always have a good value if exchange to fiat money.
but bitcoin is have a fluctuate price , can dump too fall , and can rise too far.
Real money/Fiat , is can used everywhere , instant to pay someone or buying food/goods in store , but some site accepted payment by bitcoin , not all , but i see some site accepted to bought some goods using btc as payment processor like amazon.
but , bitcoin for me is as a money in internet , and real money/fiat is for instant payment in my real life , sometimes i exchanges my btc to fiat money too.
Bitcoin and real money is both money but this two currency have difference and this is the way we use it.Bitcoin is a digital money.We use it with thw help of internet and gadget,without it bitcoin become useless.And its value is not stable sometimes getting higher and sometimes getting lower because of the demand.And the real money is the opposite of bitcoin.
Bitcoins can buy and paying thru online and real money you can buy anywhere and everywhere thats why bitcoin its better to earn money
There are so many differences between real money and bitcoin. If we look, the difference is an art in the world of investment because investors can manage their finances with a variety of options that are stocks, gold, money, and digital currency (cryptocurrency). These differences should be utilized to gain profit in the future.
I think it is clear, because real money is the official money as a state payment. The state can exercise complete control of real money. If bitcoin as cryptocurrency can be an alternative payment but not yet approved by the state. Currently alone bitcoin is good to invest in the long term for human life. 
Rest assured, in the event of an apocalypse or massive internet shutdown, bitcoin will survive using offline technologies.
It is better, when there will be real money and bitcoin simultaneously. The fact that bitkoyn is a currency for a very limited number of people, and therefore most of them will still use real money.
Bitcoin is a digital currency. You can trade Bitcoin over the Internet. Because it is a digital currency, it can only be discounted before it can actually be used in your life.
These two things are consider money in all transaction and both are currencies. The price movement of bitcoin is determined by the market and its users while the real money price movement refers only to the movement of the US Dollar currency. Maybe not everyone know about bitcoin yet but in the future there will be massive adoption because Bitcoin is the best way to earn money for the expenses.
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?
The answer to all your questions is: because bitcoins have two functions that will bring many benefits to those using them.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 you invest or gamble using bitcoin, you will have the opportunity to have a coin that can be used as a currency, commodity or assets that have high selling value, you can also get big profits in a relatively short time if the moment is right. This is the development of the times, the fiat is in the traditional period, and cryptocurrency is in the digital age.
Bitcoin can't be counterfeited or stolen if you're smart enough. I'm talking about securing the account 100% with as many passwords as you can have. If you can, secure even the wallet app on your phone with fingerprint or pin code with a 3rd party applock. I never had my funds stolen because I was always careful.
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