Topic: Difference between Bitcoin and real money? - page 51. (Read 114848 times)
Bitcoin is also a money but you still can not get it until you have withdrawn. but the real money you can sell for something or food. but the advantage of bitcoin here is that you can collect it on the internet and withdraw at the right time when you need it.
Bitcoin is not governed by the government at all and bitcoin is not taxed like real money. real money is regulated by the government and every transaction as well. Bitcoin can do large and limited transactions I think.
Bitcoin is a cryptocurrency which is introduced now a days it is virtual type of currency which is increasing day by day but real money remains the same we can sell bitcoins can have real money or we can invest in bitcoins by buying them.
Bitcoin and real money are both money in some way. We have used both of them to buy anything in the market. BTC is a digital currency because the price value of bitcoin decreases and continues to grow.
first of all i must mention the equality from bitcoin and real money is both are the currency, valuable and i could buy stuffs using them and i think the different from them is because bitcoin is cryptocurrency then you cannot storing in your pocket but real money is physical so you could carry it wherever you go Bitcoin is a digital currency that has tendency to appreciate in value and price,while real money can only gain little bank interest. Bitcoin is purchased and save in a wallet through Blockchain Technology, while real money is saved in the owners bank account. Bitcoin is managed by owner of the account, while real money is manage by the bank through the accountants. No extra bank charges are attracted for managing your Bitcoin account by yourself, Bank charges follow every account that is managed by the bank for you. Bitcoin saves cost of transaction exchange while real money involves transaction expenses.
Is it real that bitcoin transactions is more comfortable than fiat? What can you say about transaction fees, is everything normal with it? And what about number of transactions per second?)
why not you said the bitcoin is a real money, bitcoin itself is a real money, but there is diffrence between fiat money and bitcoin. the fiat money is legal all over the world and have a considerable fixed price in the world market, while the bitcoin is not legal all over the world but it has high value in the market and its value is fixed. the value of the bitcoin in the market is rising day by day. Also the bitcoin has a hihg security while fiat currencies have'nt.
The difference is of course colossal. Now bitcoin is difficult to pay for the purchase, the charge with the fiat money. But this is the most decentralized currency, digital gold. Bitcoin also easier to store in a large amount than real money. Bitcoin does not require users to pay tax and bitcoin provide anonymity for it's transaction. And the fact that bitcoin value has such a fluctuation add the difference between them.
Bitcoin is a digital currency that has tendency to appreciate in value and price,while real money can only gain little bank interest. Bitcoin is purchased and save in a wallet through Blockchain Technology, while real money is saved in the owners bank account. Bitcoin is managed by owner of the account, while real money is manage by the bank through the accountants. No extra bank charges are attracted for managing your Bitcoin account by yourself, Bank charges follow every account that is managed by the bank for you. Bitcoin saves cost of transaction exchange while real money involves transaction expenses.
Is it real that bitcoin transactions is more comfortable than fiat? What can you say about transaction fees, is everything normal with it? And what about number of transactions per second?)
Bitcoin is a digital currency that has tendency to appreciate in value and price,while real money can only gain little bank interest. Bitcoin is purchased and save in a wallet through Blockchain Technology, while real money is saved in the owners bank account. Bitcoin is managed by owner of the account, while real money is manage by the bank through the accountants. No extra bank charges are attracted for managing your Bitcoin account by yourself, Bank charges follow every account that is managed by the bank for you. Bitcoin saves cost of transaction exchange while real money involves transaction expenses.
Bitcoin and real money are both money in some way. We have used both of them to buy anything in the market. BTC is a digital currency because the price value of bitcoin decreases and continues to grow.
Bitcoin is a digital currency based on a blockchain technology which uses a peer to peer mode of network that requires the use of internet for transactions, while real money is the normal fiat currency used for daily transactions, and does not require internet.
Bitcoin is money that exists only in a digital form. It circulates within a decentralized distributed network called Blockchain with all the transactions stored in it. Blockchain is designed to be peer-to-peer and thus prevent any third-party intervention. It’s a rough outline, you can google other blockchain features. Cryptocurrencies are only at the very beginning of their development, but the application scope is really big and promising.
Truly, both are money, yet a few people are not acknowledge bitcoin as a cash, but rather still they utilize it and win from it. Be that as it may, I am completely concede to it that bitcoin is a cash and it is helpful money on web and fiat is better for outside market and bitcoin is valuable for online market.
They are both a currency. The difference is that bitcoin only exist because it needs internet access. Unlike real money that can be available online or offline.
Yes, both are currency, but some people are not accept bitcoin as a currency, but still they use it and earn from it. But i am fully agree on it that bitcoin is a currency and it is useful currency on internet and fiat is better for outside market and bitcoin is useful for online market.
Investing in bitcoin is better than investing in the fiat system. The value of bitcoin depends on its demand and right now, bitcoin is so popular that it reached 15k USD. In bitcoin, you can escape the corrupt fiat system.
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.
The difference between bitcoin and real money was bitcoin exist in a virtual world while real money in a real world. Aside from that the bitcoin value was not fixed, it change every single second unlike in real money that is foxed. Real money can be hold by our hands and bitcoin not. People prefer to invest their money in bitcoin because of its high possibility that it will increase as the value of bitcoin increasesz 
to be unknown in any transactions online.. 
There are many differences between bitcoin and the real money, there first differences is bitcoin is intagible unlike the real money that is tangible and there second differences is the real money is all people need to buy there daily needs for there daily living, and there third differences the value of money is not increasing unlike on the value of bitcoin that is increasing really quick.
Real money can be used to buy or to sell products and services all over the world. While bitcoin is only used by some countries who legalizes bitcoin. It is also used with the help of internet connection. So if there's no connection, you can access your bitcoin. That is why many countries prefer to use real money.
The estimation of the BTC is high and the estimation of the real cash is low. Be that as it may, the BTC is illicit money in numerous nations and in future likewise I have trust that our administrations will acknowledge the BTC as a lawful cash. To exchange and store this BTC is more less demanding than genuine cash. The BTC won't work in all nation however all nation will acknowledge the real cash.
Well I think now bitcoins still a currnecy but soon it may became an assets, then the diff will be much much greater!
Right now tot really that much of a difference other than btc is decentralised which is pretty huge, yes..
Right now tot really that much of a difference other than btc is decentralised which is pretty huge, yes..
The main difference is that you can touch money while bitcoin, you can't. Yet bitcoin is true, you can't touch it but you can see it through your wallet. You can also use bitcoin in online shopping yet you can also real money but you must wait it to come deliver in you home.
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