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Topic: Digital money or virtual currency? (Read 4145 times)

full member
Activity: 882
Merit: 112
Your Data Belongs To You
October 08, 2018, 05:13:36 AM
What is then the question?
IS it " Digital money or virtual currency?" or is it " what is the attitude towards cryptos in your country" ?

The first question seems stupid since they are synonyms.
The second one , it depends on the demographics and level of education ( especially IT )  , i my country definitely could have better understanding of cryptos.
sr. member
Activity: 826
Merit: 250
October 07, 2018, 01:15:36 PM
in my country, it is very supportive with the presence of bitcoin, because it feels since the presence of bitcoin in my country, the economy of my community has been greatly helped, and the poverty rate has been drastically reduced.
both of them I need because I live need both if the virtual money from before and digital money now and bitcoin is the first digital money I know and benefit me and benefit me and I think it exceeds the results of virtual money
member
Activity: 196
Merit: 10
October 07, 2018, 12:53:57 PM
Average people think of Bitcoin that way all around the world Sad They simply can not imagine, why Bitcoin has any value, do not understand it at all.
jr. member
Activity: 47
Merit: 1
Science, science
October 07, 2018, 11:57:50 AM
In fact, the situation is similar in almost every country. Especially among the older generation, which believes that bitcoin and cryptocurrency in General is a complete fraud. Or they take it as a gamble, even without really understanding the topic.
hero member
Activity: 980
Merit: 500
October 09, 2018, 03:29:40 PM

Of course, the virtual currency is the money that digital money cuts more and more transactions are done so late but you can send money instantly in virtual money, which means that according to our explanation.
Digital currency are mainly centralised in nature so they are under regulation of government or any kind of authority and because of this thing their is less fluctuations and more stability in its price. Where as virtual currency are one kind of independent currency which is doesn't under control of any kind of authority or government and because of this their is highly irregularities shows on its price. And another thing is centralized currency are legal every where. Where as virtual currency are not legal in every corner of the world.
jr. member
Activity: 182
Merit: 1
October 08, 2018, 04:36:31 PM
States try to slow down the development of cryptocurrency. They do it but not very well. I think your fellow citizens think so, and the state is well aware that Bitcoin is a digital currency.
member
Activity: 294
Merit: 10
JOIN THE NEXT MEGATREND IN CRYPTO!
October 08, 2018, 01:45:15 PM
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
Bitcoin is not only a currency, it is a technology which could revolutionize the current processes taking place in various spheres of our life.
For example, in my country they want to implement the elections system based on blockchain - this will eliminate the fraud related to voting and vote count and will provide a transparent and honest process of elections. Isn't that great?
jr. member
Activity: 124
Merit: 5
October 08, 2018, 01:43:50 PM

Of course, the virtual currency is the money that digital money cuts more and more transactions are done so late but you can send money instantly in virtual money, which means that according to our explanation.
newbie
Activity: 41
Merit: 0
October 08, 2018, 01:37:34 PM
Well this is a common matter in many country as far as I know. And because of some scammer it's hard to believe for some people that it's a genuine thing and a profitable investment. I'll call it virtual currency and hope everyone will start to know about it's value next year like already started in 2017, and digitally backdated countries will take more time to recognize it and start trading.
newbie
Activity: 28
Merit: 0
October 08, 2018, 08:01:02 AM
That if life bro. People are afraid of what they do not understand. They do not understand does not mean that you too. Trust what you do.
copper member
Activity: 117
Merit: 0
Governance & Dispute Resolution Protocol
October 08, 2018, 05:08:45 AM
I think everyone has his own opinion, perception and hopes for what Bitcoin will evolve to become. I spoke to Bobby Lee yesterday and he reminded me - among all this altcoin-jungle - of the purity and beauty of Bitcoin. Everything is set. It is up to us how we interpret it and implement it into our world. Hopefully Blockchain will change and facilitate several processes and bring light in various industries.
sr. member
Activity: 616
Merit: 250
October 08, 2018, 05:02:41 AM
Everyone can have an opinion about bitcoin, but if you really see and understand about bitcoin and blockchain, someone will think about how much potential for this increasingly sophisticated future. Although bitcoin is more likely to be used as a digital asset and few can use or accept for transaction tools. Why not?
sr. member
Activity: 644
Merit: 250
October 08, 2018, 04:08:21 AM
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
Stop worrying other people and focus in yourself. Don't be a messiah because not all people are willing to improve their lives. For many  of them they think that it is  impossible to make money online.
member
Activity: 546
Merit: 10
October 07, 2018, 11:38:44 AM
Majority of people first of all associate bitcoin and other cryptocurrencies as virtual currency before understanding the underlying technology. But u don't blame them entirely since most people are only interested in making profit out of cryptocurrencies.
member
Activity: 518
Merit: 13
SCARCITYDEFI.ORG
October 07, 2018, 11:24:00 AM
My country is not very loyal to cryptocurrencies. Now the parliament of my country is discussing a bill that will tax citizens' income from trading in cryptocurrencies. I think this is an unnecessary. Initially, it was necessary to create favorable conditions for the development of cryptoeconomics, and then try to tax.
jr. member
Activity: 168
Merit: 1
October 07, 2018, 11:09:08 AM
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?

indeed for now there are still many people who are not too interested in BTC, especially if you still live in developing countries that tend to still be many citizens who do not understand crypto let alone BTC, therefore our job is to introduce them slowly, according to I have also started for a lot in my country where I started to see btc or crypto as a positive thing, such as for payment on the internet and many of them started mining, and I hope in the future that the development of btc will accelerate in my country
full member
Activity: 700
Merit: 102
October 07, 2018, 10:35:09 AM
in my country, it is very supportive with the presence of bitcoin, because it feels since the presence of bitcoin in my country, the economy of my community has been greatly helped, and the poverty rate has been drastically reduced.

each country has different opinions, some agree that bitcoin is circulating, and those who disagree. the problem is that the country has a leader and the leader carries a big responsibility, so he sometimes feels afraid if the things that come into their country are negative. so that's the opinion of our leader. sometimes someone agrees and doesn't.
full member
Activity: 338
Merit: 100
October 07, 2018, 10:15:03 AM
in my country, it is very supportive with the presence of bitcoin, because it feels since the presence of bitcoin in my country, the economy of my community has been greatly helped, and the poverty rate has been drastically reduced.
member
Activity: 159
Merit: 10
October 07, 2018, 09:58:59 AM
I feel very lucky that my country does not prohibit bitcoin. In December 2016, my government decided to assign the Ministry of Justice to coordinate with the State Bank, the Ministry of Information and Communications, the Ministry of Industry and Trade and other ministries to review the current state of law and practice. virtual currency, virtual property, electronic money before December 2017, research to create 3 decree on virtual property, virtual currency, electronic money in Vietnam. That means, my government initially took a glimpse of the virtual currency market in general and Bitcoin in particular.
member
Activity: 443
Merit: 12
October 07, 2018, 08:12:43 AM
Most people have inertia in their thinking and exposure to the media. Over time, when the excitement around Bitcoin begins again, as it was in 2017, its price will rise to higher positions than it has already reached. Most people will say that they always knew and believed in Bitcoin.
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