Topic: Digital money or virtual currency? - page 16. (Read 4174 times)
Of course will be the digital money as it relies on blockchain and the Internet.
Your country has other priority to focus. And bitcoin not become the first to regulate
It relies on the population of each country. Which countries accept Crypto, its name will differ.
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 They are too familiar with outdated and old technologies.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?
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 They are too familiar with outdated and old technologies.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?
The problem is that many people always realize the value of things when its too late.. when the btc price will sky rocket thats when they will all know its essence
nah we got the same problem here
many people uneducated here called cryptocurrency is like gambling, money loundry and all evil things in internet
so basically we need some1 to give this peole education about crypto it self
when the people in that country accepting crypto i guess crypto can be great future for all of us
many people uneducated here called cryptocurrency is like gambling, money loundry and all evil things in internet
so basically we need some1 to give this peole education about crypto it self
when the people in that country accepting crypto i guess crypto can be great future for all of us
Both were used to mention bitcoin as well other cryptocurrencies. From my understanding digital money is the digitized form of our fiat. It has got the physical form and for convenience this has been given a digital copy. Virtual currencies were the one that can be felt virtually, one cannot hold it as if having fiat currency in hands. The state of value is present virtually.
People in some countries still practice witchcraft or do the no. 2 in the middle of the street. You can't expect everyone to be cultured, tech savvy or prepared to accept new things.
The government in my country is about to accept cryptocurrency. They wany to control ít and start to use block chains technology
This is really a good news for those who are living in your country and investing in bitcoin, it has a lot of profit for us, I think in several countries bitcoin is being legal people are buying and selling items with digital currency, after acceptance of bitcoin worldwide will make digital currency rule over the world which is good for the economical condition of country. Rising the status of our country we really digital currency as every system is now turning to digital system, high level companies are switching to blockchain technology.
It's hard to talk about this issue. Which countries accept payment services by BTC, the concept of virtual money and digital money it varies.
in my country at this time bitcoin not yet legal, but in my country the development of crypto currency pretty good, especially bitcoin and ethereum more and more users, I hope in my country bitcoin and crypto currency immediately legalized
The government in my country is about to accept cryptocurrency. They wany to control ít and start to use block chains technology
It is difficult to talk about this issue. Virtual money or digital money it depends on the crypto acceptance of each government.
No generation ever embraced new technology or development too easily. It will gradually make sense to them. By then, a lot of lives have been transformed. Thank your stars for being one of the early adopters.
nowadays. People do actually embraced every new technology that comes out because they feard to be missing out . They fear that they could left behind if they are not updated on the current happening online.
That is also the reason that bitcoin and other crypto currency are spreading like a wildfire because of these curious individuals. And now , virtual currencies such as crypots are now verry popular and seem to be growing more and more as the time passes by.
my country is the same and the reason is because they do not make any research and are afraid of change because they can`t keep the trace with the new tech very easily.
I would advice your government to make research about bitcoin and digital currency because it is very beneficial to the people and the economy of the country so it will be good if they will allow to use it by the people of the country, in my country digital currency is being use more than virtual currency because we know the scope and demand of digital currency all over the world now.
I have the same problem but my country is quite big but not so progressive to use modern technologies I mean that crypto technologies are not widespread but small part of enthusiasts use them. Most part of people consider that cryptocurrency is scam and they think that crypto technologies is only bitcoin and they do not understand why it need for.
I am sure that it need to spend much time that crypto technologies will become admitted of people
I am sure that it need to spend much time that crypto technologies will become admitted of people
I agree that the more developed the country, the more people have access to information about the blockchain and the technology itself.But a number of companies and governments are not profitable to actively implement these technologies.Since it will become more difficult to pump money out of ordinary people.
I personally call the digital money because the current BTC has been accepted in life service payments.
I don’t know what the difference between digital currency and virtual currency is. Both have no physical existence and are intangible. But most people call bitcoin and Altcoin digital currency and not virtual currency and it is fact that digital currency is taking over the market and in the future it will hold the whole world currency market. All other currencies will disappear from the market. I personally call the digital money because the current BTC has been accepted in life service payments.
I don’t know what the difference between digital currency and virtual currency is. Both have no physical existence and are intangible. But most people call bitcoin and Altcoin digital currency and not virtual currency and it is fact that digital currency is taking over the market and in the future it will hold the whole world currency market. All other currencies will disappear from the market.
No generation ever embraced new technology or development too easily. It will gradually make sense to them. By then, a lot of lives have been transformed. Thank your stars for being one of the early adopters.
If i am not mistaken, your country knows that bitcoin is just a currency used in paying online and online alone?. This is particularly wrong. It is just normal to a country which has a low cryptocurrency adoptation rate. They can understand the cryptocurrencies function in time when it gets popular to your country. Its a good start indeed. Atleast they are aware that bitcoin exists.
Right, in due time people will be more aware that aside from online transactions there's also a good possibilities that system will be created to adopt bitcoin payments, though still far from that but I constantly believing that someday the economy will find other means of payment transactions andblockchain will be maximized its usage, government needs to see the potentials of this system in order to adopt with developments and innovations
coming from the digital era.
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