Bitcoin is money that can be sent and received over the internet. It is called a digital currency because it lives on computers and moves between them.
Real money is generally accepted as payment for goods and services in a particular country. You can use it without the use of internet.
Topic: Difference between Bitcoin and real money? - page 45. (Read 114848 times)
Real money is the legal tender of the different countries which use in daily financial transaction. It has a monetary value which can be used to buy something.
The difference of this money from bitcoin is, bitcoin can avoid the effect of inflation in the country. Its value is always increasing which will cover the possible increase in prices of goods.
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. The difference of this money from bitcoin is, bitcoin can avoid the effect of inflation in the country. Its value is always increasing which will cover the possible increase in prices of goods.
Real money is the legal tender of the different countries which use in daily financial transaction. It has a monetary value which can be used to buy something.
The difference of this money from bitcoin is, bitcoin can avoid the effect of inflation in the country. Its value is always increasing which will cover the possible increase in prices of goods.
The difference of this money from bitcoin is, bitcoin can avoid the effect of inflation in the country. Its value is always increasing which will cover the possible increase in prices of goods.
Many differences but think that ain is low fee in comparing to money transfer and the opportunity to get more then invested bitcoin is future and it will be here forlong to come
Dont think we will see full potential in our lifetime
In my point of view the most important difference between bitcoin and real money is decentralized structure. Apart from this, we already have a digital structure in the money we use. We buy everything online.on the contrary one more different thing between that we can't feel bitcoin real but we can feel fiatmoney real in hand. Dont think we will see full potential in our lifetime
Definitely yes on the last one you said. More income less tax, not less tax at all it is no tax at all. Don't you think why lots of people invest to bitcoin, some others sell their properties just to convert their money to bitcoin because they are in hope that it would make them wealthy and rich, they trust bitcoin but at the same it is a silly move and risky. Considering the factor of it is decentralize, unstable and no guaranteed that it would last long. The factor of it is decentralize, converting or investing your money to bitcoin is like investing it to strangers I do not know if it is guaranteed safe it could be hacked by someone so it is dangerous. Next one is that, bitcoin value is unstable means that you could be lucky or unlucky with the price you would get in the near future if you will withdraw it. Lastly is that, it is not guaranteed it will last long, means like it could disappear someday we do not know, so it is so risky to put your money into bitcoin because it might get disappear samething goes to the money you had converted or invested.
My obvious differences
Bitcoin is digital while fiat has both a digital and physical form.
Bitcoin can be treated as an investment while fiat cant be used in this kind of a form.
Bitcoin is universal in all parts of the world with no central power unlike fiat(real money ) which is under the control of the central bank isn't universal needs a bureau de change.
Bitcoin is digital while fiat has both a digital and physical form.
Bitcoin can be treated as an investment while fiat cant be used in this kind of a form.
Bitcoin is universal in all parts of the world with no central power unlike fiat(real money ) which is under the control of the central bank isn't universal needs a bureau de change.
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 major difference is the appearance. Bitcoin is a digital currency which means it doesn't have a physical form since it is virtual. Unlike physical money that are in a form of paper or simply, it does have a physical form. Bitcoin is also decentralized unlike real currencies which are centralized by different governments. 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 the internet's money, while fiat is your country's money. Bitcoin is not regulated by any govt, but fiat is.
What is the difference between Bitcoin and real currency? So simple. Bitcoin control Once you have in your wallet, and the real money but you still controls the state all of your accounts.
Bitcoin is computer money you shouldn`t think its ever gonna be better then real money.You can`t buy food with bitcoin,but with real money you can.But you can decide.
At last time you could see the percent of income that you wouldn’t find anywhere else. And it will continue its rise. Bitcoin today is a short way to get unbelievably rich. This is what distinguishes it.
We can say that btc is an intagible material which can be used for trading,buying and etc while money is a tangible material which can also be used in trading,buying and etc.It seems like they have similarities maybe we can say that btc is just another form of money if we are talking about the value.
Bitcoin gives you the freedom if being your own bank. Furthermore, the profit it offers no bank can coz btc value is ever increasing although it has experienced drop in value in the past few days but that can't be compared to the rate at which it has increased.
To be clear, by real money I am assuming that you mean fiat currency. Because in basic definition money is anything you can use for exchange of product or service and therefore bitcoin is considered as money
But anyway, there are a lot of difference. But the biggest difference is the regulation. Fiat currency is regulated by each central bank or government by a country while Bitcoin is just a free floating currency. Meaning. The supply and value of fiat currencies are kinda manipulated while Bitcoins are not.
But anyway, there are a lot of difference. But the biggest difference is the regulation. Fiat currency is regulated by each central bank or government by a country while Bitcoin is just a free floating currency. Meaning. The supply and value of fiat currencies are kinda manipulated while Bitcoins are not.
Bitcoin is not issued by governments, central banks or anyone else for that matter. This is one way it is different from other currencies you are familiar with.....
Because bitcoin can appreciate, if you want to say that bitcoin is not actually useful, there are already many countries that recognize bitcoin.
If it's not useful then we would not see it's value grow, the appreciation of value is the evidence that bitcoin is very useful.Maybe not everyone know about bitcoin yet but in the future there will be massive adoption that will happen and imagine the value of bitcoin with its limited supply.
Why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If you had invested in bitcoin on the first of year 2017 when the price of bitcoin is $1000 then now you would have had $15,000. This can explain why many people is investing in bitcoin, because it is a good investing channel now.If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
you can easy buy bitcoin at some exchange sites and you also can use real money to buy it. you should invest in bitcoin because it will bring a lot of profit in the future which stock is difficult to sock can do.
Because bitcoin can appreciate, if you want to say that bitcoin is not actually useful, there are already many countries that recognize bitcoin.
Bitcoin is digital money while real is physical money. We have used both of them to buy anything in the market. bitcoin you can online shopping .& real money both online and offline shopping in the market bitcoin money .bitcoin and real money wallet are also different type. Bitcoin can be converted into a physical currency.
Well there are lot of difference between bitcoin and real money. Bitcoin is decentralized and no one can ever manipulate it except you in your own accounts. You can use it as an investment that can give you times more than the profit you can earn in investing real money in banks. You can also use it as a currency in any part of the world where you don't have to convert your real money (or $) into different currency. It is more convinient and is hassle free in doing transactions cause it is done online.
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