Digital money or virtual currency? - page 22.

bohr

sr. member

Activity: 994

Merit: 257

Quote from: ICOBounty205 on March 29, 2018, 06:08:01 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 They are too familiar with outdated and old technologies.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?

Those are the kind of people that are left behind, how many people thought that mobile phones will never amount to anything? Many people and now if you do not have a mobile phone you are immediately seen as someone that is very weird, right now they can say that because cryptocurrencies are not adopted globally but in a few decades they will have no option but to know how to use cryptocurrencies or they will be left behind.

wandino

newbie

Activity: 112

Merit: 0

Many people often gets confuse between digital money and virtual currency. Both are different.
Virtual currency"a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community
Digital currency is a type of currency available only in digital form, not in physical (such as banknotes and coins).

playboy654

member

Activity: 546

Merit: 32

Quote from: GalaxyWorld on May 05, 2018, 12:18:23 PM

I often call this the electronic money market. I do not consider it to be virtual currency. Because I have a lot of appreciation for blockchain technology, so to say it is virtual currency I do not feel right.

I think both are very important for the today's generation and the future generations because most of the people turns to online that's why both are very much important for us and the new generation of people.

GalaxyWorld

member

Activity: 406

Merit: 10

The Exchange for EOS Community

I often call this the electronic money market. I do not consider it to be virtual currency. Because I have a lot of appreciation for blockchain technology, so to say it is virtual currency I do not feel right.

Maratouyt12

newbie

Activity: 54

Merit: 0

no, they just wait the moment when thay can earn a lot of money on BTC. And they just imitating indifference about it. Their official point to accept this vitrual 'things' will appear when BTC will be about $50000 for one))

Dashoyter12

jr. member

Activity: 34

Merit: 1

i think that it is a most common problem all around the world, but some of eminent persons are more modern than in other counties and people in that counties have a services with crypto-things

Mardoker135

member

Activity: 213

Merit: 10

i think this is because of one fact. it is about that BTC and another technologies are so popular in illegal bussiness. So they just do not trust them.

Zarinagotyu1

member

Activity: 183

Merit: 10

price of BTC is so unstable now so i guess cause of that they do not want to have a deal with this technologies or may this is just so complicated for them))

Mashadarty1

member

Activity: 309

Merit: 10

that people who rules economy in our modern world are mostly old men and they got used to trust to smth when this smth has quality of stability

Ismat Morshed

jr. member

Activity: 238

Merit: 1

In my country I guess many of people know about Bitcoin and many of that people know that it is possible to earn real money with Bitcoin.Digital money and virtual money is still the same thing ;Bitcoin is a digital money and is being used digitally. It is also part of what we know as the virtual currencies.

investeerder

sr. member

Activity: 322

Merit: 250

Quote from: katiecbell on May 04, 2018, 05:45:47 AM

Quote from: Rizky Aditya on May 01, 2018, 03:22:07 AM

Quote from: Barbut on April 27, 2018, 01:54:17 AM

Quote from: dharnamonitor on April 26, 2018, 08:53:07 PM

Sometimes, we just need to dig dipper and understand the real purpose of a new tech, but most of us are unable due to our lifestyle, too busy to pay attention and must focus on the things that are more important (that's what the typical person's think in my country when there's a new trend in technology like cryptos). Let's just have to wait until the time comes for these cryptocurrencies and it's acceptance.

Just rare people dig dipper, just rare people see the difference between digital money and virtual currency. How many people knows how money is been made? I ask that question almost everyday, and just rare people give me some kind of answer, majority tells me they don`t know, they don`t care. When people start to learn more, and talk less it will be better for all human kind. We are not aware what we use, since we are kids they have been lying to us, giving us false informations, lying to us, and thats why I`m all for cryptocurrencies, we need fresh and new start if we wish to see better days for this world.

I don’t think so that there is much difference in between the digital money or virtual currency. They are the similar things and that there is not much difference in between both the terminologies. You can name the crypto coins as either digital money or the virtual currency as it has nothing to do with helping you in making of more money and that the only thing which you need to focus on is getting more knowledge.

At this very moment, I think it is better to call it as the virtual currencies or the crypto currencies. it is because of the reason that the usage of any of the crypto currency like that of normal regular currencies is not that much significant and that there are not so many places in the entire world which accepts bitcoin or any other crypto coin. For now, all the crypto currencies are only being used as a mode of investing money.

Actually I'm little skeptical on this since there's so much debatable words that can phase of if we choose to select between those two, since I think many people will choose booth and cannot select on which one really fits for them since majority of us using the same kind of currency. But let's just based it on our needs so that we will not give a huge complication if we need an immediate money.

katiecbell

hero member

Activity: 644

Merit: 500

Quote from: Rizky Aditya on May 01, 2018, 03:22:07 AM

Quote from: Barbut on April 27, 2018, 01:54:17 AM

Quote from: dharnamonitor on April 26, 2018, 08:53:07 PM

Sometimes, we just need to dig dipper and understand the real purpose of a new tech, but most of us are unable due to our lifestyle, too busy to pay attention and must focus on the things that are more important (that's what the typical person's think in my country when there's a new trend in technology like cryptos). Let's just have to wait until the time comes for these cryptocurrencies and it's acceptance.

Just rare people dig dipper, just rare people see the difference between digital money and virtual currency. How many people knows how money is been made? I ask that question almost everyday, and just rare people give me some kind of answer, majority tells me they don`t know, they don`t care. When people start to learn more, and talk less it will be better for all human kind. We are not aware what we use, since we are kids they have been lying to us, giving us false informations, lying to us, and thats why I`m all for cryptocurrencies, we need fresh and new start if we wish to see better days for this world.

I don’t think so that there is much difference in between the digital money or virtual currency. They are the similar things and that there is not much difference in between both the terminologies. You can name the crypto coins as either digital money or the virtual currency as it has nothing to do with helping you in making of more money and that the only thing which you need to focus on is getting more knowledge.

At this very moment, I think it is better to call it as the virtual currencies or the crypto currencies. it is because of the reason that the usage of any of the crypto currency like that of normal regular currencies is not that much significant and that there are not so many places in the entire world which accepts bitcoin or any other crypto coin. For now, all the crypto currencies are only being used as a mode of investing money.

Rizky Aditya

hero member

Activity: 700

Merit: 500

Quote from: Barbut on April 27, 2018, 01:54:17 AM

Quote from: dharnamonitor on April 26, 2018, 08:53:07 PM

Sometimes, we just need to dig dipper and understand the real purpose of a new tech, but most of us are unable due to our lifestyle, too busy to pay attention and must focus on the things that are more important (that's what the typical person's think in my country when there's a new trend in technology like cryptos). Let's just have to wait until the time comes for these cryptocurrencies and it's acceptance.

Just rare people dig dipper, just rare people see the difference between digital money and virtual currency. How many people knows how money is been made? I ask that question almost everyday, and just rare people give me some kind of answer, majority tells me they don`t know, they don`t care. When people start to learn more, and talk less it will be better for all human kind. We are not aware what we use, since we are kids they have been lying to us, giving us false informations, lying to us, and thats why I`m all for cryptocurrencies, we need fresh and new start if we wish to see better days for this world.

I don’t think so that there is much difference in between the digital money or virtual currency. They are the similar things and that there is not much difference in between both the terminologies. You can name the crypto coins as either digital money or the virtual currency as it has nothing to do with helping you in making of more money and that the only thing which you need to focus on is getting more knowledge.

yousbabtle

jr. member

Activity: 75

Merit: 2

Quote from: gamalzour on April 28, 2018, 01:53:46 AM

Quote from: Pemburu1 on April 25, 2018, 06:30:41 PM

Quote from: ICOBounty205 on March 29, 2018, 06:08:01 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?

this happens because there are too many negative issues about bitcoin. but you do not have to worry and worry if they do not believe it then you prove it with what you have produced from the world of crypto. when you can do it then the people around you will know what you say is true. so I do not think with words but with action alone.

There is nothing much to be surprised about this thing and that is because of the reason that not so many people living in this world knows about bitcoin and that they have least knowledge about this entire concept of the crypto currencies and the bitcoin. They don’t know anything other than this that crypto market is a great failure and the ones who will invest their money into it will lose all their money.

The people of your country need more knowledge about bitcoin and blockchain technology. It is not easy to understand blockchain technology but soon it will be available in the entire world. Then your people will come to know about bitcoin and cryptocurrency, and also the features of it. Now they are right to their limits that bitcoin is just gambling and not a currency.

SolomonSollarsNSense

full member

Activity: 462

Merit: 100

Quote from: wriizo on April 24, 2018, 10:24:35 AM

Everything regarding the crypto currencies is now mainstream. My grandpa knows about it, its on the news almost everyday. Everyone knows about it but still are afraid of investing online. I don’t think people get the picture with the virtual or even the digital currencies. Even when I started with investing in either one I was sceptical a lot. The people need an education and a better understanding of the blockchain technology.

The big difference is that most people do not believe in virtual currency, because they think that they are investing in the air and there is nothing on the ground. But if someone is told that bitcoin is digital currency, and people are using it, he may understand because the world is now turning towards digital appliances and so to the digital currency.

jojowar

member

Activity: 378

Merit: 10

Most of the people don't know or has only few idea on the purpose of bitcoin, cryptocurrency and blockchain technology that is why they said that when you invest on it you just like to gamble. Maybe in a few years from now when the world will accept the blockchain technology and cryptocurrency then they will know the value of bitcoin and the other cryptos

Servinatqwe1

newbie

Activity: 15

Merit: 0

yeah, there is problem like this, and i guess, even in most modern countries in our world, but it is just the way how some poeple think, not whole country o_0

GarryTonw56

member

Activity: 272

Merit: 10

there are conservatives countries and people who live there are conservative too, so a lot of them have not gotten used to Bitcoin yet, so the similar problem

DertyPig823

jr. member

Activity: 95

Merit: 1

i think people often understimate the power of Bitcoin and a lot of people use it, but not so serious about it, but also there are people who earned a lot with Bitcoin but not so much

Germantopov1

newbie

Activity: 196

Merit: 0

in my country i guess many of people know about Bitcoin and many of that people know that it is possible to earn real money with Bitcoin

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