Topic: Difference between Bitcoin and real money? - page 8. (Read 114810 times)
Bitcoin is the money of the new generation, the money of the digital age in which we are located. And it has far more advantages than ordinary money. To take into account at least the fact that by using bitcoin you can earn.
real money is regulated by government of this or that country, bitcoin is decentralized.
Any currency's value, whether it's bitcoin or euro, is based on the demand and supply of that currency.
If people don't like euro, they'll spend their euro's on bitcoins.
If people think that bitcoin is a bubble, they'll try to get rid of them and exchange them for euro.
BUT, the value of Bitcoin is ONLY based on the credibility. If no one trusts it, if no one accepts it for business, it becomes worthless.
The value of traditional currencies is linked to the credibility of its distributor (i.e. Countries, the eurozone). If a national economy is strong, and exports a lot of goods, its currency will have a high value because foreign businesses need to buy that currency in order to do business. There's (usually) no other way.
Value of Bitcoin => Supply and Demand
Value of Euro => Supply and Demand
If people don't like euro, they'll spend their euro's on bitcoins.
If people think that bitcoin is a bubble, they'll try to get rid of them and exchange them for euro.
BUT, the value of Bitcoin is ONLY based on the credibility. If no one trusts it, if no one accepts it for business, it becomes worthless.
The value of traditional currencies is linked to the credibility of its distributor (i.e. Countries, the eurozone). If a national economy is strong, and exports a lot of goods, its currency will have a high value because foreign businesses need to buy that currency in order to do business. There's (usually) no other way.
Value of Bitcoin => Supply and Demand
Value of Euro => Supply and Demand
The main and the most prominant difference is easy to use and i think we can use real money any where and bitcoin is not but iam sure as internet is proceeding in the world bitcoin can be access by every person and many online shop will accept it in the future and it can be use as a daily life money
I don't understand your question. If you want to make money with bitcoin, you will have to buy it anyway.
Yes, we can say that Bitcoin is faster when it comes in online transaction, but what if we lose internet connection, or what if those other people don't have internet connection? This is one of the disadvantage of using bitcoin. Perhaps, on real money anytime with or without using internet we can accomplish our transaction.
In real Money,this is what the government give to us, especially those who are working. Here, we can use this one anytime and anywhere as long as within our country. Real money is centralized and design to every country to have their own currency. Bitcoin on the other hand it is a digital currency, and in fact this decentralized, In here, this is used to regulate and verify the transfer of funds and it is not depending on the banks. In short we have our own ledger in all the transaction that we had done.
For me,Bitcoin and real money is same as currency but there is difference between them, bitcoin currency can change the value in high and low and even goes drop unlike real money like peso the currency is stable no high and low. And real money can't be bring outside your country if its in big amount unlike in bitcoin even is in your btc wallet how much its in there you can keep it in your btc wallet apps, and its secure in your hand,and you can bring it anywhere you want.
Obviously, if you've actually done your research, you can buy stuff online with bitcoins if you don't have paypal. You can also use it to buy shady stuff since if you're careful enough, they can't track you.
you're really damn wrong, you're encouraging people to buy shady stuff and say that bitcoin's transaction can't be tracked,actually bitcoin's transaction is widely published and can't be deleted,just use blockchain explorer to see the transactionThe difference real money and bitcoin, the bitcoin is centralized coins to using the internet this is a a type digital money you do not show but alot of trding the market. The real money s using now in the country for buying anytimes what you want it.
The difference between Bitcoin and real money is that you can not make a real money purchase over the internet but you can get what you want with Bitcoin and you can even buy and sell it with real money but there is a possibility to use it outside the room you invest in the bank so you can trade it on the internet but you want a click like Bitcoin you can not send money to the time you want, it is far superior to real money and you can not even understand the difference between real money and Bitcoin when you raise your Bitcoin by buying and selling.
Well for me, the difference between bitcoin into real money is that bitcoin is quite risky since the price is not stable but bitcoin is more advantage from real money since you can use it in many ways (e.g., buying through online, paying bills). Since now and then, users would more used and adopt bitcoin because it will be like a real money or the future money in the next future, easy and convenient to use, safer than real money.
money is just a thing witch u can exchange on goods, well now for BTC it is a high price, the difference is only in the blockchain tech. so decide what to use
1. The price of bitcoin will constantly grow, as the stock is limited, Fiat will not, but on the contrary znetsenivatsya due to inflation
2. To send to another country bitcoin enough for 5 minutes, through the Fiat and the banks 1 week
3. Commissions are minimal 0.10-1 $, in banks it is much more expensive
And there are a lot of reasons, I recommend you go to Google
2. To send to another country bitcoin enough for 5 minutes, through the Fiat and the banks 1 week
3. Commissions are minimal 0.10-1 $, in banks it is much more expensive
And there are a lot of reasons, I recommend you go to Google
Bitcoin is an investment. Values can go up or down even in a short period of time while real money is the currency we use to sustain our lives and its value will remain stable. Although bitcoin can also be used as a means of payment but its use is still very limited.
bitcoin is new crypto currency launched in 2009 while real money is from a very long time. That’s why it is using very limited. With passage of time its value and price will going to increase. Many investors join the world of crypto currency. As it is going to be number one currency in investment. Also it is going to be number one currency in payment system. 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, has been using all the people here in the world, and it is centrally controlled.Bitcoin is a digital currency, so that I think that bitcoin that has a limitation, not all people know what is bitcoin, but all of the people knows what is real money and they are using it everyday to buy the things that they wanted. 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, has been accepted by all the people of a country, and it is a medium of exchange that is set by the government. whereas, bitcoin is a cryptocurrency available on the internet, and has a high price, which is usually used as a means of transaction, investment, trading, and others, whose existence has not been accepted by all communities.
There are many differences but one of the most obvious is bitcoin is a digital currency while cash is physical, that means bitcoin has limitations when dealing with physical scenarios like trying to buy groceries and waiting for a confirmation and things like that.
I think bitcoin is totally virtual and fiat currency is physical in nature and real money is centrally controlled and then bitcoin is totally decentralized on a blockchain so it cannot be regulated by a central bank as in regulating inflation of an economy.
Of course there are differences between bitcoin and real money. BitCoin was seen as the new digital gold coin by most people, having the potential to be open to the commercial as bitcoin real money in the future. Bitcoin is used more as an investment tool today.
They are both currency but the big difference is that Bitcoin is a virtual or digital currency while the real money is a real currency or fiat money. We are can't use Bitcoin without internet due to the system will need of internet connection in every transaction but the real money you can buy anywhere and anytime when you need. 
Bitcoin is "real" money, although it is in digital form. If fiat currency is "real", then Bitcoin is even more real. The only difference is that fiat currency exists in the physical form (as banknotes and coins), while Bitcoin exists in the digital form.
Jump to: