Digital money or virtual currency? - page 27.

Tamilson

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Quote from: Zadicar on March 31, 2018, 11:24:17 AM

Quote from: Sweetbtc on March 31, 2018, 04:20:05 AM

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 They are too familiar with outdated and old technologies.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?

Convince them that it is a real currency . It is a first decentralized digital currency as the system works without a central bank and single administrator. We can fulfilled our dreams with this currency people are doing transaction trading selling and earnings money from it so defiantly it is a currency and worldwide payment system.

Convince them that it is a real currency ?

You are suggesting or advising wrong thing on here since bitcoin never become a real currency which can really be used but rather than its just on digital currency which do have significant use when it comes to online transactions.You cant really force people to believe on what you believe.If you have done your job on trying to convince them but they do just neglect you then let them be as long you do know the advantage when you are engaging into this technology.

Right. Don't push this too much to them, if they wanna believe you then they will but if they don't no matter how hard you try it will just end up talking in thin air. Bitcoin is digital currency and not a real currency and I think it will be impossible for third world country to accept bitcoin as a currency as this will be a big threat for banks and stock market. Really there's some people that are unable to embrace new technology, it's awful to think but it's the reality.

rickadone

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

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 think you’re making a mistake in the topic, Bitcoin is a virtual currency and is also a digital money cause it can’t be used physically like we do with conventional currencies.As for people who are thinking that Bitcoin is worthless or scam or whatever it is they believe it to be, it’s just their own business. Our success doesn’t lie on same spot, we all have places where we can achieve success, and till you find that source I don’t think you will make success. So if you believe cryptocurrency is the right place for you, then go for it, but if it’s not, you should find another thing.

Quote from: radjie on April 04, 2018, 10:38:39 AM

many people think that bitcoin investment is a form of gambling, they only look from the negative side only.

As of now, bitcoin is widely being used as an investments compared the people who opt for using as a currency. But, only for gambling must be a complete misunderstanding and you must put efforts to make your people to get the actual of bitcoins.

radjie

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exactly as it happens in my country, many people think that bitcoin investment is a form of gambling, they only look from the negative side only. but if the study more deeply bitcoin of course can change the life of a person to be better, especially in terms of economy.

Cosbycoin

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Quote from: Sadlife on March 29, 2018, 11:46:14 PM

Bitcoin really is a virtual currency but the difference is that you can liquidate it to your fiat and make use of it for your personal necessities. In my country bitcoin has also many misconception they think it's a scam, ponzi scheme, illegal cause it can be used to buy drugs, weapons. Clearly we need to educate the people with this misinformations so potential investors could join and stop being afraid of it.

It is really a difficult thing to categorize bitcoin as either digital money or the virtual currency. There are so many people who think of bitcoin as digital money because of the involvement of the internet and that there are others who think of it as virtual currency due the volatile nature of the bitcoin but still all of them are investing their money into it because they know this will make them richer.

ricardobs

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Quote from: pathapoddo on April 01, 2018, 10:17:30 AM

Why are you thinking about other opinion. If you want to invest, you should invest here. And what about my country. I don't think so much about other. In my country, almost 300k people know about Bitcoin and related with Bitcoin. There is many people who just know Bitcoin is a digital currency.

There is no such difference in between either of these and that these are just the terms and that you can use any one of the term which you like the most and that won’t make any such difference. You just need to be sure that you are dealing with the right coin and that you have invested your money in a coin which can then help you in making you earn more money rather than loss.

pathapoddo

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Why are you thinking about other opinion. If you want to invest, you should invest here. And what about my country. I don't think so much about other. In my country, almost 300k people know about Bitcoin and related with Bitcoin. There is many people who just know Bitcoin is a digital currency.

KorakPawon

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not both, virtual currency has no central control. Eni explains, there is no central entity that becomes the subject of arrangement and no party is responsible for management.

Dheeraj Kumar Singh

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Advanced cash can be designated to a sovereign cash and issued by the guarantor dependable to recover computerized cash for money. ... Bitcoin and its choices depend on cryptographic calculations, so these sorts of virtual monetary standards are additionally called digital currencies.

gogrowglow

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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

My country is one of the ASIAN countries and sad to tell very few people here, to my knowledge, knews cryptocurrency, although maybe some people came accross the word BITCOIN, still they just pass it by. Eventually in the future, we must have knowledge of cryptocurrency because this will play a big part in this past changing world of ours. For myself, I really tried to gain knowledge so that I can use it now and in the future.

Zadicar

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Quote from: Sweetbtc on March 31, 2018, 04:20:05 AM

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?

Convince them that it is a real currency . It is a first decentralized digital currency as the system works without a central bank and single administrator. We can fulfilled our dreams with this currency people are doing transaction trading selling and earnings money from it so defiantly it is a currency and worldwide payment system.

Convince them that it is a real currency ?

You are suggesting or advising wrong thing on here since bitcoin never become a real currency which can really be used but rather than its just on digital currency which do have significant use when it comes to online transactions.You cant really force people to believe on what you believe.If you have done your job on trying to convince them but they do just neglect you then let them be as long you do know the advantage when you are engaging into this technology.

ICOBounty205

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Quote from: batang_bitcoin on March 31, 2018, 12:48:22 AM

I don't know why your country looks at bitcoin that way, there's nothing wrong with it right? Here in my country just like those countries that adopted bitcoin, citizens and government here are looking at bitcoin seriously. Not only an investment but also a digital currency, digital asset and store value.

My country is a developing country.
Focus on traditional investment: agriculture, industry ...

kidamazo

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

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?

You described my country exactly as it is. Even my family and my friends perceive bitcoin as a gamble. For example, when I told them about crypto currency, and especially about mining, my father looked at me like an idiot, because he does not believe that a computer can simply make money simply by solving some useless mathematical things.

Sweetbtc

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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?

Convince them that it is a real currency . It is a first decentralized digital currency as the system works without a central bank and single administrator. We can fulfilled our dreams with this currency people are doing transaction trading selling and earnings money from it so defiantly it is a currency and worldwide payment system.

batang_bitcoin

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Activity: 3080

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I don't know why your country looks at bitcoin that way, there's nothing wrong with it right? Here in my country just like those countries that adopted bitcoin, citizens and government here are looking at bitcoin seriously. Not only an investment but also a digital currency, digital asset and store value.

gabbie2010

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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 too that is one of worst decision of people who I try to explain the potentials and benefits of investing in btc , ETH and other cryptos but are taking me serious.
Although it will be difficult in explaining blockchain technology to them.
As many people sees btc investment as a ponzi scheme I.e MMM fearing the worst could happen to their investment.

yulchatar

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In my country only now laws are being developed to legalize the cryptocurrency. Thus the government intends to control and regulate it to prevent illegal operations with cryptocurrency. Well, I think many governments in many countries are afraid of this. At the moment, cryptocurrency, in particular, bitcoin, is not considered a currency but rather a commodity or property in my country.

marlboroza

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Activity: 1932

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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?

No one can really control it and because of that it is threat to every system.
It is hard to tax it, countries can't take their piece of cake unless holders decide to share how much bitcoins they cashed out or have earned.
There isn't any other reason behind.

Miraz69

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To say virtual currency, we understand Bitcoin nowadays. Although there were many more coins, they could not yet come to the discussion. However, it can be expected that in the next few years, its popularity will increase in contrast to the digital currency.

Gameroid

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Quote from: ALOIS on March 30, 2018, 05:29:23 AM

Do not pay attention to what they think. It is their problem. In my country, there are such people, but most consider the cryptocurrency just as an investment opportunity.

They are currently using bitcoin as for investment opportunity, and the reason is that currently bitcoin or other crytpo currencies are still not too much popular and legal to be use for everything just like fiat currency, but in future when bitcoin will become more popular then it will become possible and may be then people give more preference to crytpo currency to be use for shopping purposes.

Shafiqul Islam

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burst.money

Digital money or virtual money is which cannot seen but having digit value. Digital money is a numerical digit which is easily transfer via online. Bitcoin and Ethereum such kind of digital or virtual money.

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