Topic: Difference between Bitcoin and real money? - page 5. (Read 114810 times)
To me i would say bitcoin is the real money (money is a store of value ) but our currencies rather than store value, leach away what we have worked for over time with consistent inflation and terrible government policies meant to keep the common man poorer.
Bitcoin is decentralized when real money is under control of government. This is the most useful and interesting feature that causing people to use bitcoin.
actually bitcoin is a new emerging currency, although its users are available everywhere in the world, but actually most of the people do not have proper knowledge about it therefore they are not accepting bitcoin but in future we can expect that all the people will surely start accepting bitcoin.
For me, bitcoin is already a real money, maybe does need to change that 'real money' into fiat or paper money. Because bitcoin does have value in the market and it's the number one crypto currency that has of investors.it popular and being liked by many users together with the opportunities with it.
What is difference if we exchange bitcoin to fiat. Don't we all do this when we need some cash or we are low on it or we have to pay bills. it no matter we do this from time to time some often other when they need. Only difference in this point is that one is digital or virtual for some and fiat can be on paper, nothing else.
Bitcoin is a cryptocurrency while real money is also called physical money.Bicoin needs internet connection but real money can be used anytime and anywhere.Bitcoin is very volatile and depends on the forces of demand and supply while the real money is stable.Bitcoin is decentralised while real money is under the control of Central Bank or the government.Real money is accepted all over the world while bitcoin is not even legalized in many nations and also banned in some countries. 
What is difference if we exchange bitcoin to fiat. Don't we all do this when we need some cash or we are low on it or we have to pay bills. it no matter we do this from time to time some often other when they need. Only difference in this point is that one is digital or virtual for some and fiat can be on paper, nothing else.
You should not use the term "real money" in this thread. It is a relative term. "Real money" for me won't be the same as the "real money" with someone else. For example, I would consider Bitcoin as the "real money". But someone else may consider fiat as the real money.
There are many differences of bitcoin and real money.. bitcoin you can use it online as alternative real money you can buy anytime there.. in bitcoins you should have too because many other will exchange it fast and instanly in our place.
Its just physical and electronic money. But i can say bitcoin has more value now than real money. Its like it has a different currency but will soon be recognized worldwide. And eventually i belive it will replace wreal money
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?
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 difference of bitcoin in real money is bitcoin is a digital currency which you cannot hold it and there's no specific face. You can only recognize it by its logo. While the real money have their own face you can recognize their diffrence. also you can holt it. Bitcoin is less hassle for me because you can use it to buy things and the transaction is fast.
As we can see that there is not a single fiat currency that is decentralize and can be use in all over the world with same value everywhere, but I think bitcoin is the first and only currency that is worldwide crypto currency having same value in all over the world and that is the big difference between bitcoin and other fiat currencies.
Btc is digital money and it's more.easy for us. We no need bring much money as we pay by cash money
One basic thing i like to let every one know here is that, Bitcoin is an advance in technology, and potentially one that puts more power in the hands of the people.
Now, one must difference between Bitcoin and fiat money ($) is that, first, both systems are currently co-existing alongside each other. Both look like they are here to stay for the foreseeable future, although the rise of bitcoin is causing banks to rethink certain areas like transaction fees and how they link between countries, among other things. The banking system is open to manipulation while bitcoin is pretty much tamper proof and allows the control of no one individual or corporation.
Bitcoin is digital currency and it is used electronically while fiat currency are physical note. This is exactly why you should do a convertion to a paper money before used for certain investment that required paper money.
Now, one must difference between Bitcoin and fiat money ($) is that, first, both systems are currently co-existing alongside each other. Both look like they are here to stay for the foreseeable future, although the rise of bitcoin is causing banks to rethink certain areas like transaction fees and how they link between countries, among other things. The banking system is open to manipulation while bitcoin is pretty much tamper proof and allows the control of no one individual or corporation.
Bitcoin is digital currency and it is used electronically while fiat currency are physical note. This is exactly why you should do a convertion to a paper money before used for certain investment that required paper money.
Bitcoin is a store of value because it can operate without government.
Money don't.
You are thinking in fiat not in money, money used to be independent of governments, anyone with gold and silver could create their own coins out of those materials, but then the governments decided they were not trustable and created for themselves the monopoly of coinage, with the terrible consequences that has carried out.Money don't.
I agree with you. And in time, the coinage will end because people will eventually realize that the real value is not in the money created by the governments. And it is hard to say that the government doesn't like that to happen. They are doing regulatory actions for security reasons base on the news and hopefully, it is truly for security. Situations are unpredictable most of these times.
If you are talking about the differences between fiat cash and crypto-currency, then the first thing that comes to my mind is the fact that Bitcoin is protected against inflation. Fiat currency is not protected against inflation, irrespective of the issuing authority.
When creating a cyber currency anonymous, calling himself Satoshi Nakamoto, took for example not existing financial systems, but the process of mining and turnover of valuable metals. Therefore, Bitcoin can be called virtual gold rather than electronic money, since it has much in common with precious metal.
Yes, this is due to some characteristics. Namely:1) The number of bitcoins is limited
2) Bitcoin is not printed, but is mined
3) The right to extract (issue) new virtual coins is available to any user of the network
4) Bitcoin can not be faked.
Agreed about the 4th that bitcoin cannot be counterfeited "Thumbs Up".
Those counterfeited fiat money are spreading all over the world in different parts of every country and that is one of the major problems when you are using paper money, It is really hard to determine whether you're paper money is an original one or counterfeited one. Digital currencies like bitcoin are impossible to be counterfeited and that is one of the major reasons why bitcoin is appreciated by a lot of people specially the younger generations and those who have knowledge in the digital world. 
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.
Bitcoin is not a form of fake money, the truth is bitcoin is consider as a form of a future money that could be used in the form of investments, trading and transaction to many people living on the developing countries with the vision to earn and to developed as individual to help the country itself. Maybe the day we chose to stop our hard times is not that easy for us. Yet, we should still remain strong and open headed for the changes and development we could have.
Simple: Full Decentralized System, any bank any government. just BLOCKCHAIN 
Bitcoin is a digital currency. It can be used only online for purchase or for any other purpose. But other real money (This must mean to the local currency government has approved) is in digital format as well in normal format to be used handy. This can be used to take with us anywhere and do all purchase and other stuffs. Of course this currency can be used to buy anything online as well.
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?
their is big different between dollar and bitcoin. Dollar you just spend money for shopping, daily need and want. and pay taxes and money have very low volatility. and bitcoin is a decentralize digital currency bitcoin is just like business if investment in bitcoin will give you in return profit. 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 was created to be completely independent of governments and banks. It does have some regulation by some governments, so you could say that governments have some influence, but they don't control the amount in circulation or the value in a direct way. It is also a completely electronic form of money.
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