Bitcoin has no established value unlike money which has fixed amount but the good thing is bitcoin can become more useful unlike cash because when it's value increases it can buy things higher than the value your cash can acquired because it always appreciate it's an instant investment right from your own wallet unlike cash who will never appreciate even how long you kept them in wallet.
Topic: Difference between Bitcoin and real money? - page 86. (Read 114867 times)
In my opinion, paper money is what we commonly used today while bitcoin will be the future wherein we can use it to simply buy in a store without bringing cash in our pocket and we can buy things online
Money is simply the commonly accepted unit of exchange,we use it everyday to pay bills, buy foods and any liabilities while bitcoin is the version of paper checks,it also use it online as alternative real 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?
Bitcoin is a digital cryptocurrency wherein we buy and sell bitcoin in exchange for real money or fiat. Bitcoin nowadays start increasing its cost value. If you invest your money to bitcoin there is a chance that your money will be double or tripled. 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 has more chance to became a valuable asset than an ordinary cash because the value fluctuates from time to time there is a chance that it will become higher than its value today also the main difference of bitcoin to a real money is that it has no physical value and also it does not have any limitations when using, you can use it in other country without the need of converting into fiat.
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?
Money is centralized used globally and acceptable in all aspects bitcoins in on the other hand is decentralized. But bitcoins has advantages over money it is secure and investing to it would cost you more profit.
I'm not sure why you're calling paper money, which is worthless, better than Bitcoin. Bitcoin is perfect money, and the best sound money we've ever come across...
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 difference between bitcoin and fiat money are; First, bitcoin is a crypto currency that have been mine by the miners in Internet while Fiat money are made by the government and must circulate to individual to government etc. Second, Fiat money is tangible while bitcoin are not.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 a type a virtual currency which has all the qualities of real money but is present in virtual form over the internet; it has an upper hand over real money because goods, services which are carried through real money across the countries tend to more costly. Moreover the price of real money is directly controlled by the government and is a centralized system whereas the value of Bitcoin is a decentralized system and does not depend upon an administrator for the price rather is dependent on various factors.
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 bitcoin and real money is not so different bitcoin is like an automated money in where it is something like a money in the bank.While real money is the cash on hand that people mostly are spending . 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?
I would say that normal money has no coverage. We don't have gold parity anymore so the goverment can print as much money as they want to. Nobody can stop them from doing that. Why Bitcoin is worth something? To produce and maintain it, you have to use a lot of electricity. It's still cheaper than regular money.
If we use paper money, we will lose without knowing it. For example if in the past we buy fruit for $1 but now we buy the same item 2$ or more, this is the impact of inflation that we unaware of. The value of paper money is constantly reduced. Bitcoin is different from real money because maximum amount is set at 21 million. 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 between bitcoin and real money are, bitcoin use to earn in this forum, it use to each user of bitcoin when their are joining in their signature campaign. In short bitcoin is a payment on this online work. While real money is we can surely use this to buy a things every were but bitcoin is not because they dont familiarize that coin.
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 difference between bitcoin and fiat money are; First, bitcoin is a crypto currency that have been mine by the miners in Internet while Fiat money are made by the government and must circulate to individual to government etc. Second, Fiat money is tangible while bitcoin are not. 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?
I would say that normal money has no coverage. We don't have gold parity anymore so the goverment can print as much money as they want to. Nobody can stop them from doing that. Why Bitcoin is worth something? To produce and maintain it, you have to use a lot of electricity. It's still cheaper than regular money
I guess you are farther from truth than you might think
Just because you spend a lot of time and effort (or even plenty of money) on something, this alone doesn't make it worth anything on its own. It will be worth something if, first, it has utility (i.e. capability of producing some useful effect if, for example, it allows you to reach some end or fulfill a purpose), and, second, it is scarce enough to limit its supply. As you can see, consuming electricity to produce bitcoins and maintain the Bitcoin network is nowhere near enough to give Bitcoin value all by itself
I would say that normal money has no coverage. We don't have gold parity anymore so the goverment can print as much money as they want to. Nobody can stop them from doing that. Why Bitcoin is worth something? To produce and maintain it, you have to use a lot of electricity. It's still cheaper than regular money
I guess you are farther from truth than you might think
Just because you spend a lot of time and effort (or even plenty of money) on something, this alone doesn't make it worth anything on its own. It will be worth something if, first, it has utility (i.e. capability of producing some useful effect if, for example, it allows you to reach some end or fulfill a purpose), and, second, it is scarce enough to limit its supply. As you can see, consuming electricity to produce bitcoins and maintain the Bitcoin network is nowhere near enough to give Bitcoin value all by itself
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?
bitcoins and real money are very different indeed both currencies are the same but you can distinguish is if bitcoin is just a digital currency if you have some bitcoin you can trade with fiat and you can also spend your bitcoin online but if real money you can use it whenever you want 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?
I would say that normal money has no coverage. We don't have gold parity anymore so the goverment can print as much money as they want to. Nobody can stop them from doing that. Why Bitcoin is worth something? To produce and maintain it, you have to use a lot of electricity. It's still cheaper than regular money.
in our time, the line between the real world and the virtual becomes very thin, and therefore the crypto currency is not inferior to almost nothing from real money, and in some cases they even win!
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?
That's the point, The reason why people uses bitcoin its because it has a big value than real currency. So if you want to increase your money just invest it in bitcoin and it will double or higher your money depends on how are you going to manage it. Aside from that bitcoin also is hassle free when it comes in withdrawing and when you are earning it there is no taxes while in real currency it has.
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?
That's the point, The reason why people uses bitcoin its because it has a big value than real currency. So if you want to increase your money just invest it in bitcoin and it will double or higher your money depends on how are you going to manage it. Aside from that bitcoin also is hassle free when it comes in withdrawing and when you are earning it there is no taxes while in real currency it has.
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