Digital money or virtual currency? - page 2.

bitcoindusts

sr. member

Activity: 1092

Merit: 271

Quote from: overnight03 on October 04, 2018, 06:21:15 AM

I don't think they realize what bitcoin is because of absence of data .When bitcoin or crypto has huge potential , many people will want to own it and when others simply begin finding out about bitcoin ,I think they are late .

Them being late in terms of high profitability with very small investment might be true, but it is never too late to grasp the understanding of what and how cryptocurrency works and why it does.

Though, the struggle is real when it comes to making people better understand what digital or cryptocurrency is. It is never an easy course to discuss, but definitely not impossible to deliver. Perhaps given the right presentation and the right atmosphere, an awareness campaign will really help in cases where there is very little understanding of bitcoin and other cryptos.

mithon2017

member

Activity: 476

Merit: 10

Digital money and vertual currency.. I think, like as Bitcoin. you can say , Bitcoin is vertual currency and digital currency. if you have proper knowledge about Bitcoin, and if you know how to using it our daily life then Bitcoin is very useful currency. Bitcoin is very promising. so you can using it and create your future.

sirojuddin

member

Activity: 199

Merit: 10

Quote from: ICOBounty205 on March 29, 2018, 05:08:01 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 They are too familiar with outdated and old technologies.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?

in my country I've also experienced the same thing with your country, they think bitcoin is just a gambling land and in the end it will disappear. and after that I know they rate bitcoin because they have no knowledge of bitcoin, after they try to enter and know bitcoin their thoughts change.

bebekangsoo

member

Activity: 313

Merit: 10

my country is only possible as a commodity asset, monitoring the use of bitcoin as a digital currency is not guaranteed by them. At least there is no prohibition on very adequate transaction activities at this time. It is better than a full ban.

digital money is different from virtual currencies, because the system they use is still connected to fiat connectivity, crypto / virtual currency uses blockchain as a transaction mediator that has more transparent efficiency.

simpleholmes

jr. member

Activity: 278

Merit: 1

i can not say that it is only virtual money and the reason for this is that it can be used everywhere and for everything...

becklyn06

newbie

Activity: 79

Merit: 0

Each Country's level of acceptability defers and it will just take time for some countries to fully accept bitcoin. Like mine, full acceptability looks like it will take a while but thank God, with internet access, one can always do what you need to do with bitcoin and can push pass some restrictions.

overnight03

member

Activity: 308

Merit: 10

I don't think they realize what bitcoin is because of absence of data .When bitcoin or crypto has huge potential , many people will want to own it and when others simply begin finding out about bitcoin ,I think they are late .

hridoyb

sr. member

Activity: 826

Merit: 250

Bitgesell (BGL) Decentralized Cryptocurrency!

Bitcoin is a cryptocurrency coin so its always pump and dump and it's not real money. This Bitcoin and crypto get many pains because of this year bitcoin price down. As a result, people are hate cryptocurrency and bitcoin but I think bitcoin will be back soon now the market is stable so any time it will be the moon.

HenryHope123

newbie

Activity: 40

Merit: 0

The choices in the question are somewhat similar, so whatever choice is, basically synonymous. We just need to support it properly and use it in a non-abusive way because that's the best way to at least promote it and make it usable for all. It takes time for people to accept this. The choice depends on what you need. If you need money for your daily business, you need a regular currency. Really almost the same, some call it digital money, also have digital money.

shashikamal

member

Activity: 197

Merit: 10

dApps Development Automation Platform

Here is the same too. But a lot of positives are behind but the time matters & when the authorities will be realized the importance of this innovation. No one can denied the importance & efficiency level of blockchain technology. Suppose a world with a smart phone doing transactions to any parts of the world without interfering any third party, can improve the effectiveness of all daily duties of the people. Practical use cases are still on study for betterment of the community. Digital money is the future by any means. Let's wait till Bull run comes.

rtm125

member

Activity: 434

Merit: 10

Bitcoin is quite well known in my country, but most perceive it as a fraud and another bubble. But it seems to me that this trend is gradually falling and more and more people are beginning to be interested in investing in this currency.

Sumo

hero member

Activity: 1098

Merit: 500

In my country, few people really believe in bitcoin and realize its prospects as a digital currency. For someone it's just a way to make money, and who is generally skeptical about it.

satria2

member

Activity: 297

Merit: 10

Quote from: mlsbd on September 30, 2018, 08:25:11 AM

Quote from: freezzeer on March 29, 2018, 07:59:33 AM

They will surely understand the value of BTC in 2020. Grin

Let's see what will happen ???May be a positive

You know surely BTC value in 2020? what will happen how we know that before. But in a positive sense btc will be our new future, we depend surely and you keep money in btc investment. Majority of the people losses in gambling.

No one can guarantee what will happen to Bitcoin in the coming year because Bitcoin is not a stable currency for everyone to guess.

andieoke

copper member

Activity: 301

Merit: 2

In my country Bitcoin began to be known by the general public, the longer bitcoin continues to grow here. But unfortunately the government here has also not legalized Bitcoin as a legitimate payment instrument. here many people play Bitcoin, starting from mining, trading Bitcoin as well as investing in the long term. And because the government has not received Bitcoin as a legal payment instrument. then the people here exchange Bitcoin with Fiat Money here before using it for shopping.

Friskaadew

jr. member

Activity: 168

Merit: 1

Quote from: ICOBounty205 on March 29, 2018, 05:08:01 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?

yes, the same with stocks a few decades ago there are still many people who think it is a gambling, because basically the people who jumped into crypto did not understand at all what they were doing. because what they hope is just to put their money and expect big profits like magic. that is what makes the wrong view of crypto because these fools after they lose their money will say the message that crypto is gambling to the people closest to them

mlsbd

member

Activity: 516

Merit: 10

Quote from: freezzeer on March 29, 2018, 07:59:33 AM

They will surely understand the value of BTC in 2020. Grin

Let's see what will happen ???May be a positive

You know surely BTC value in 2020? what will happen how we know that before. But in a positive sense btc will be our new future, we depend surely and you keep money in btc investment. Majority of the people losses in gambling.

sunita01

member

Activity: 364

Merit: 10

The money which we can see but can not touch, can be called digital and virtual currency. It can be easily transferred to bitcoin ETH etc we can see it as a digital currency.

nazaididuan1

jr. member

Activity: 350

Merit: 1

The cryptocurrency revolution has brought a series of problems.
Any emerging technology needs to be positively skeptical.
Fraud, robbery and money laundering are still issues that affect the general public. Scalability, large-scale adoption, and ease of use are all challenges that developers face when they venture into unknown areas.

Xenoph0bia

hero member

Activity: 966

Merit: 501

Quote from: ?? on ??

I prefer virtual currency and it is good that for educated community and mostly the modern people are aware of this currency so i like digital currency as well because it is helpful for me to use every where.

Well, basically I feel the same. but I prefer cryptocurrency. well, in this case, I'm more focused on finding cryptocurrency than thinking about it, because every thing that can make a profit, I think it will be a pretty good way.

I will prefer virtual currency only.Virtual currency is used by each and every person on this earth.Virtual currency is accepted all over the world and all the transactions are done through it only.Fiat currency is centralised and so it is backed by the central banks and governments too.It is very simple to use.It does not require any internet connection to get operated and also does not require any basic knowledge like in digital currencies.Virtual currency has been established from traditional time period.

denzkilim

full member

Activity: 1218

Merit: 105

Quote from: ghost424 on September 18, 2018, 11:46:52 AM

It is already stated on the name or brand of the thing we are using right now. It is called cryptoCURRENCY, so basically it is a currency of the Internet. We cannot access Crypto's without Internet. The choices in the question are somewhat the same so whatever the choice is, it is basically synonymous. Cryptocurrency is useful nowadays and it is steadily developing. We just need to support it properly and use it in a not abusive way because it is the best way to at least promote it and make it usable for all.

Correct, it is a currency by its name but the use of this technology today is for investment purposes and I don't think that it is a currency anymore because it became an investment medium. Crypto currencies these days are very popular especially to those techie people that are literate in terms of technology and the community keeps on growing each year because more and more people are getting curious about this thing called "Bitcoin" and most of them or the majority of the people that are entering the crypto currency world are only here to get profit and earn money by investing without knowing the sole purpose of this technology/innovation.

Quote from: ghost424 on September 18, 2018, 11:46:52 AM

We just need to support it properly and use it in a not abusive way because it is the best way to at least promote it and make it usable for all.

The sad truth is that a lot of people use it in an abusive way and gain a lot of profit with this kind of dirty methods like spreading FUD and manipulating the price or value of Bitcoin, but this kind of scenarios are expected in this kind of industry. Cool

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