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Topic: Difference between Bitcoin and real money? - page 62. (Read 114867 times)

member
Activity: 263
Merit: 10
November 27, 2017, 09:17:12 PM
real money is a world currency that is accepted by all governments on the world, and legal in all activities also more people are using it, but bitcoin is just a digital currency and still not be legalized by many governments around the world so not much people own it or willing to use it in real life.
sr. member
Activity: 546
Merit: 257
November 27, 2017, 09:12:27 PM
The main difference is that Bitcoin is based in USD while the USD is not based on bitcoin. Or whatever fiat currency you use, pounds etc

That is obvious because the currency that is usually used in trading is USD the reason USD is somewhat close to the world currency. I know some exchangers that do not base on USD but on their country's fiat.

There are a lot more difference between USD and bitcoin, and this is not one of them.

Bitcoin is not tangible, while USD is tangible.
Bitcoin is decentralized, USD is not.
Bitcoin is volatile, USD is not
Bitcoin is Pseudo Anonymous, USD is not

this is some of the most popular difference between them.
newbie
Activity: 37
Merit: 0
November 27, 2017, 09:10:58 PM
There are many differences between real money and bitcoin. Bitcoin form of digital currency which is very famous in the virtual world that is very different from the real currency real. In addition a bitcoin can be used online in a way that can be exchanged quickly and easily. Probably very much how much money has been printed by the bitcoin. To get the real money directly is by working physically different from his work the bitcoin we can anytime and anywhere
member
Activity: 252
Merit: 10
November 27, 2017, 09:08:51 PM
The difference is that bitcoin has gone up thousands of times since its release. Real money has devalued thousands of times since its release. bitcoin does not occur inflation
newbie
Activity: 39
Merit: 0
November 27, 2017, 09:07:32 PM
difference, a sentence well off. Bitcoin is not like real money. You can not store them without anyone knowing. All your transactions are confirmed by the computers in the network
full member
Activity: 350
Merit: 107
November 27, 2017, 09:05:52 PM
Bitcoin is a digital money while real money are those bills we can use on buying our daily needs for a living.
full member
Activity: 462
Merit: 100
November 27, 2017, 09:04:45 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?


In terms of value, bitcoins has a higher value compared to dollars. However, dollars are more stable in price compared to bitcoins. In terms of its convinience, bitcoins are far more superior to dollars due to its capability to be transferred to any wallet without the means of a middleman. Bitcoins are tax-free compared to dollars.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
November 27, 2017, 09:02:18 PM
The main difference is that Bitcoin is based in USD while the USD is not based on bitcoin. Or whatever fiat currency you use, pounds etc
member
Activity: 224
Merit: 11
November 27, 2017, 08:37:44 PM
There is very big different between bitcoin and real money. First, bitcoin is digital while real money is physical. Real money you can hold that with your hands, it is on your pocket, while your bitcoin is in your digital wallet or it is virtual.
full member
Activity: 448
Merit: 107
November 27, 2017, 08:35:04 PM
they are both currencies but they are so much differ with each other because bitcoin as i have know and as what i have search bitcoin is a digital currency and can be used in digital payment or it means everything that process with bitcoin is through online while in our own currency or what we called normal money we can used it in buying even in the small store but we cannot used bitcoin.
full member
Activity: 378
Merit: 100
November 27, 2017, 07:06:57 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?

Real money you can buy anything because this is a fiat money so its more advantage if you have a bitcoins and then you convert it into real money but the difference is the bitcoin is not stable /volatile and the real money / fiat is stable.
legendary
Activity: 1596
Merit: 1034
November 27, 2017, 07:03:46 PM
Sometimes I do not see any difference between bitcoin and real money because both are money. However, one is digital (bitcoin) and the other is conventional (real money). So, I do not see the difference as long as the function of both is the same that is used as a transaction tool.
newbie
Activity: 69
Merit: 0
November 27, 2017, 11:16:14 AM
The difference between bitcoin and real money is very easy to distinguish because bitcoin is electronic money which is part of a bigger part called cryptocurrency while real money is what you use in the real world which you can carry in your daily life. You can also use bitcoin for this but having real money will be faster.
sr. member
Activity: 1484
Merit: 276
November 27, 2017, 11:03:54 AM
the difference between bitcoin and real money is really big. bitcoin was introduced to be an alternative for fiat, this'll be the currency of the internet. while fiat is regulated and can be controlled by the government and banks. fiat can be taxed unlike bitcoin, since bitcoin uses blockchain for transaction, making bitcoin decentralized.
full member
Activity: 630
Merit: 100
November 27, 2017, 07:46:15 AM
There is big difference between bitcoin and real money. Real money is very help full for daily domestic base buying and selling products. But there bitcoin do not help for these type of small transaction in daily need. But in the digital market Bitcoin is most demanding transferable money which is booming day by day very high. Both are very needed in different market value.
newbie
Activity: 34
Merit: 0
November 27, 2017, 06:08:13 AM
Bitcoin is money. The only difference is that we can't have BTCs on real life. It only exists on the virtual world. But Bitcoin has advantages: We don't need to pay high fees like our local currencies; The transactions are fast and anonymous; Bitcoin is a crypto-currency and we don't have bureucracy to use Bitcoins, and I hope it continues like now for a long time ..
sr. member
Activity: 672
Merit: 250
November 27, 2017, 05:51:50 AM
There are some obvious differences between real money and bitcoin. With bitcoin you can buy anything at any time. But with bitcoin you cannot use it at any time at any place. Real money is tengible but bitcoin is in tengible . if you hold bitcoin its value will increase but money will never change in value.
Well the big difference of the two is the value.Bitcoin has a big value and a great way to invest your real money to get a huge amount of profit in short bitcoin in an asset or maybe an investment to earn real money by the way of converting such digital bitcoin to real money it is really amazing.While real money is a money that has already a vorresponding value made by central bank and sailed by the symbol of the government of the country maybe it is not really profitable if we only hold money for saving purpose because its price cannot be change unlike bitcoin bitcoin price is the most amazing way of gaining because it can change anytime anywhere without a notice.that was really a good way to invest because anygime there will be a great opportunity to gain.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
November 27, 2017, 05:41:24 AM
Main difference is that bitcoin is digital money or currency and real money is paper money or payment card (credit, visa, master...), this represent main difference between these two. Both are meaning of paying or can used for money transfer, both have value and bitcoin we how how many do they will be and on other hand money can be printed when ever is need to do.
member
Activity: 350
Merit: 10
November 27, 2017, 01:56:35 AM
Bitcoin is an online job that rewards individual with the difference of bitcoin tokens as virtual and the real money is my digital money ..about money in our country money is available here in any ways will spend .and in or out of it's the currency is finite and its exhausted, the difference between bitcoin and real money you can use right away you needed, the bitcoin needs you can exchange anywhere else.they need exchange to money first....
sr. member
Activity: 308
Merit: 250
MatrixCoin - Creating Bright Future Together
November 26, 2017, 05:43:28 PM
Real money is accessible everywhere but bitcoin requires internet connectivity to use and its accessibility is limited and huge population unaware about bitcoin and crypto currencies. You can buy your everyday needs through cash any time but that is not possible through bitcoin.
There is no distinction between the genuine cash and bitcoins on the grounds that bitcoins are additionally adequate by all shopping centers schools and furthermore healing facilities that is the reason we can state that bitcoins is likewise cash yet at times bitcoins is more valuable than genuine cash and that cases are the quickly expanding costs of bitcoins and its high security.
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