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Topic: Difference between Bitcoin and real money? - page 94. (Read 114867 times)

hero member
Activity: 770
Merit: 500
"Real money"? lol. The biggest difference is that bitcoin will be around a lot longer than fiat if that is what you are referring to and that is a huge difference.
I also thinking the same that after the coming of bitcoin fiat will not remain in use for longer time. I have doubt that a time will come when bitcoin will replace fiat and then people will call the fiat as the money of older age and will call bitcoin as the currency of the modern age. That difference is currently not obvious to most of the people but with time people will notice the same thing as we are thinking.
legendary
Activity: 1274
Merit: 1004
honestly there aren't any difference at all but the society is making it difficult to their stability and their accessibility to keep the balance. its true that they are the greatest issues in todays generation and everyone is talking about them as everyone wants other stuffs with these. we made the money for ourselves and now we are forgetting its real existence and why it can actually is made for. bitcoin is far better than real money in every sense. they are more user friendly , more secure, more transparent ,more cool and easily adoptable for anyone. to steel bitcoins hackers have to work even harder
member
Activity: 104
Merit: 100
GetClams.com
"Real money"? lol. The biggest difference is that bitcoin will be around a lot longer than fiat if that is what you are referring to and that is a huge difference.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

                                 Bitcoin                                                   Real Money
               
                     1.    Online payment                                   1. Being used for public businesses
                     2.    Decentralized                                      2. Centralized-controlled by the goverment
                     3.    Very Secured                                      3.  Not safe, can be steal at any moment by the bad guy
                     4.    It can be trade in the exchange            4.  Non-tradeable

You seem to have spent plenty of time formatting your post

I guess you should have spent that time reading more about what "real money" is. I don't know what you mean by "public businesses" (it seems that you refer to public sector here), but fiat is no less tradable than Bitcoin. You may have heard about Forex, but Forex is certainly not the only place (if it had a place) where currencies are traded. There are quite a few currency derivatives markets which consist of exchanges that trade currency futures and options as well as a host of other currency derivatives (like currency swaps) with which I'm not very familiar myself
hero member
Activity: 1806
Merit: 672
Bitcoin:
Spending is not easy(need some time)
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Real money:
Spending is easy
Tracing possible
i think spending bitcoin for online transaction is much more easy because there is a lot of website are accepting bitcoin and its very good to buy something from anywhere and we can safe and secure our money in bitcoin because bitcoin is much more secure than bank.
I think what he meant about needing some "time" is the time in taking the transactions for it to confirm. Also if you think Bitcoin is better for online transactions think again as if you are not remembering credit cards and debit cards are the most widely use payment options around the web as they are the ones who provide fast and reliable transactions. Before you compare Bitcoin to Fiat you must have a solid claim as still the last time I look cash is king.
hero member
Activity: 952
Merit: 503
Bitcoin:
Spending is not easy(need some time)
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Real money:
Spending is easy
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i think spending bitcoin for online transaction is much more easy because we can buy anything with bitcoin at our home from online website and we do not need to get out from home to buy something and there is a lot of website are accepting bitcoin and its very good to buy something from anywhere and we can safe and secure our money in bitcoin because bitcoin is much more secure than bank.
hero member
Activity: 518
Merit: 500
Bitcoin:
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Real money:
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Simple compare and easy to understand. Actually, in 2016, we do not need to wait for a transaction to be confirmed because the number of transaction is not as high as it is right now. Too many people have joint the Bitcoin world
hero member
Activity: 1008
Merit: 540
It was big difference for me bitcoin can use anywhere in country buy can only from the internet not unlike real money you can exchange it what currency would you like and use it in country you where going in but for me for the best one is bitcoin i can send anywhere it from the world wit less fee also it can earn from internet like what jobs get real money.
newbie
Activity: 21
Merit: 0
Bitcoin is a virtual currency, since it is called currency, he is the general equivalent, the existence is reasonable, and bitcoin anonymous wit hai'shi Smiley
hero member
Activity: 700
Merit: 500
Investing longterm in btc has made many people millionaires as it is. Think about it as a stock price or somethingsimilar if you are looking to invest. You have to hold most stocks for awhile to make money. With btc fluctuating a lot each day you can buy in lower and sell later in the day or week. With btc and altcoins you have the ability to buy low sell high multiple times a day or week. Stocks dont really let you do that

If you knlw what you are doing you can make 5 to 10% everyday by day trading btc or altcoins. I do it.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
Bitcoin:
Spending is not easy(need some time)

No any more cuz of Japan adopting it and last news from today Australia is also adopting it on July 1, with no more double tax on it. So every day we see more and more adoption of bitcoin so in mater of few year from now we could use it anywhere and anytime.
hero member
Activity: 1092
Merit: 500
difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

                                 Bitcoin                                                   Real Money
               
                     1.    Online payment                                   1. Being used for public businesses
                     2.    Decentralized                                      2. Centralized-controlled by the goverment
                     3.    Very Secured                                      3.  Not safe, can be steal at any moment by the bad guy
                     4.    It can be trade in the exchange            4.  Non-tradeable

     


hero member
Activity: 882
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
Well, real money could get spent wherever the person wanted to spend it at. Since Bitcoin is not labeled as a real currency then spending the coin will be really limited compared to spending regular cash.

Bitcoin will get accepted by more people though it won't be called money at least for a little while.
sr. member
Activity: 630
Merit: 251
Bitcoin:
Spending is not easy(need some time)
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Real money:
Spending is easy
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This is because the anonymous bitcoin so it is difficult for modern transactions, tracking was supposed to maintain privacy but there are parties able to do tracking.
sr. member
Activity: 798
Merit: 255
The difference of bitcoin and real money is that bitcoin is a digital money and it can be only be used online and real money can be used anywhere. Also real money is known in every country and bitcoin is only considered and known by some people.
legendary
Activity: 2758
Merit: 6830
1 - The traditional money is centralized, can be controlled and created by your government when they please. Since Bitcoin is not regulated, no one controls your money, and that's why Bitcoin is the money of the people.

2 - Bitcoin can be both investment and currency while real money is only money which is subject to inflation as the world roll.

Enjoy all the features Bitcoin can provide you while you are subject to profit in the future from Bitcoin's price rise.
legendary
Activity: 1110
Merit: 1000
Bitcoin:
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Real money:
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yes youre probably correct and I agree with you. thats the main reason why cash is more likely use by people , but what i like bitcoin than cash is that we can earn it anonymously and here in my country, bitcoin is more higher in value than our currency. thats the sad thing about our currency, but all in all i like it both and use it both.
sr. member
Activity: 602
Merit: 250
Bitcoin:
Spending is not easy(need some time)
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Real money:
Spending is easy
Tracing possible
Yeah with bitcoin you will not be traceable. Even I do not know who you are and where you come from. All because in bitcoin everything is anonymous. And that's the fundamental difference of bitcoin
Yes i am also glad because everyone looking for bitcoin is anonymous, But all this confidentiality is sometimes used by someone to act criminally.
member
Activity: 97
Merit: 10
Bitcoin is certainly more real money than the green currency created out of thin air by the Federal Reserve and used to "buy" Treasury bonds ... and BTC is deflationary Smiley
legendary
Activity: 1372
Merit: 1008
Bitcoin:
Spending is not easy(need some time)
Tracing not possible

Real money:
Spending is easy
Tracing possible
Yeah with bitcoin you will not be traceable. Even I do not know who you are and where you come from. All because in bitcoin everything is anonymous. And that's the fundamental difference of bitcoin
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