Topic: Difference between Bitcoin and real money? - page 9. (Read 114813 times)
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.
The difference between bitcoin and real money is that BitCoin is a digital currency and is your future payment instrument. The life of the national currency is short, there is no ease of use. Bitcoin is safe, real money is not safe.
Have you see any national currency extinct before?What do you mean by it having a "short life" ? Please throw more light on this because there has been countless fiat currencies all over the world and how do you even compare the lifespan of fiat currencies and bitcoin?
The difference of Bitcoin and Real money is that Real money is controlled by Central Banks, in order to transact with other people long distance you need a 3rd party which you have to pay to make the transaction complete in the other hand, Bitcoin is just peer to peer you only need to pay big for the miners if you want to get verified and confirmed fast or just pay minimum.
Bitcoin is a digital asset which has more value than a real money specifically dollars. It's value greatly rises from time to time while real money only rises a few cents or amount. Bitcoin can't be taxed that it is why people become rich fastly unlike real money which can be taxed by government and is controlled by elites.
Bitcoin is also a real money and think bitcoin has better then fiat money. the difference between bitcoin and paper money is that , bitcoin is not legal currency all over the world while paper money is. Bitcoin has the high value in market that have no other crypto or paper currency. bitcoin is very help full for generating good income while paper money is fixed value and can't give you benefit of its value.
The difference between bitcoin and real money is that BitCoin is a digital currency and is your future payment instrument. The life of the national currency is short, there is no ease of use. Bitcoin is safe, real money is not safe.
Bitcoin is a cryptocurrency and worldwide payment system and it is the first decentralized digital currency, as the system works without a central bank or single administrator and also bitcoins are created as a reward for a process known as mining while real money is a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively that is given in real life.
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 real difference between bitcoin and real money, that is, bitcoin exists only in digital form at a limited number of 21 million. 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?
To be straightforward I look for it when I was a beginner that time and I arrange it out that bitcoin can use by any individual who willing to exchange into another digital money which is we are utilizing it through web. Genuine cash where this is we are utilizing to purchase bitcoin and utilize that bitcoin into what i've said before And subsequent to getting benefit with bitcoin we are changing over our bitcoin into cash also.
i think the main difference is bitcoin can not touch ,it is a online cryptocurrency on the other hand money can touch physically.
The difference between bitcoin and real money, bitcoin is few people know that you can get a money in bitcoin and you can use it in online you can shop and but anything through online and that is digital currency and other local currencies and bitcoin is digital while in real money you can shop and buy things outside like mall or market or you can buy things and you can see the seller and money is not digital.
as a matter of first importance I should specify the equity from bitcoin and genuine cash is both are the cash, significant and I could purchase stuffs utilizing them and I think the unique in relation to them is on the grounds that bitcoin is cryptographic money then you can't putting away in your pocket yet genuine cash is physical so you could convey it wherever you go
Cryptographic forms of money like Bitcoin is known as computerized cash which utilized and acknowledged among the individuals from a particular (virtual) group. So there have some impediment cause it's not viewed as "genuine", physical money.On other hand,we can't utilize different monetary standards with the exception of our national cash.
Real money centralized and under control of your government when bitcoin decentralized and everything you getting by using bitcoin is yours without any taxes.
The difference between Bitcoin and real money is the bitcoin is a trade which is a great investment. Bitcoin is convert the money to be used for purchases, pay, can use and needs. Money is a real currency that we use in everyday life. We can esaily use but bitcoin we need to convert in a real currency to use it.
Well the difference is that bitcoin is a digital currency unlike real money as a real currency
The difference between bitcoin and real money is that bitcoin is not easily converted into cash to buy commodities or to buy our needs but real money does, it can easily be used to buy commodities and our needs. One more thing, bitcoin cannot be used as currency unlike real money.
Genuine (Fiat Cash) can be utilized practically anyplace and I think must be acknowledged in all stores in the Unified States. Bitcoin however is a mysterious decentralized (we endeavor to make it this) online cash that is controlled by excavators. The greatest distinction between the two is the unpredictability in how much that cash is really worth (Fiat will hold it's esteem and Bitcoin is super unstable)
Likewise, Bitcoin is just extremely acknowledged by the little specialty of the bitcoin group which completely keeps it down. It must address its unpredictability issue before it feels free to hits the standard everyday lives.
Likewise, Bitcoin is just extremely acknowledged by the little specialty of the bitcoin group which completely keeps it down. It must address its unpredictability issue before it feels free to hits the standard everyday lives.
The difference between bitcoin and real money, bitcoin is a digital currency wherein the value is unpredictable and not a legal tender in any countries, it need to be converted into fiat money or real money to be used in exchange of commodities while the real money has it value printed on it face, it can immediately used or paid in exchange of commodities. Another thing is that real money is legal tender to be used in any countries while the cryptocurrencies are not regularized by any other countries and need to be converted in real money.
They are different by as much as you can compare a cat and robot cat, it would seem that they are called and look almost the same and the functions perform the same. But the cat has something that she was a long time and the cat robots only recently came out and do not like. What we are used to and love, and someone will switch to a robot cat and he will like it. A matter of taste.
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