Topic: Digital money or virtual currency? - page 8. (Read 4145 times)
Actually, the population of people that knows how to use bitcoin are less than 5% of world population. We are just at the very beginning and I believe bitcoin is going to scale more higher in price in my own opinion.
I guess your country is a developing country, this is a common problem with most developing countries in the world. I believe the level of civilization is low in most underprivileged countries in the world. I hope in some few years to come the knowledge on bitcoin will transcend to most parts of the world than it is today.
Digital currencies have a central authority that deals with issues. It can cancel or freeze transactions upon the request of the participant or authorities or on suspicion of fraud or money-laundering. Cryptocurrencies are regulated by the community.
Over time, people will have no choice but to take bitcoin seriously. Still, everyone will understand that bitcoin is a new chapter in the history of the world and we will all use it in everyday life.
What is meant by virtual currencies is not only the most well-known bitcoin. currently there are 1,400 virtual currencies. So, bitcoin is not the only virtual currency in circulation. As for bitcoin is one of the virtual currencies with the largest market capitalization. So bitcoin is digital or virtual money that is a term for us traders on social media.
Yeah bitcoin is the most widely used in virtual currency but its legality is still questionable? different from the digital currency made by the government officially it would be preferred because it could be used and accepted everywhere
this is new electronic currencey
The most important thing is that you understand what Bitcoin really is, the fact that everyone else around you is mistaken in no way should affect your personal opinion.
In many ways, the tasks that need to be addressed to all of the market participants are related to the definition of the blockchain as a real financial tool.
What is meant by virtual currencies is not only the most well-known bitcoin. currently there are 1,400 virtual currencies. So, bitcoin is not the only virtual currency in circulation. As for bitcoin is one of the virtual currencies with the largest market capitalization. So bitcoin is digital or virtual money that is a term for us traders on social media.
Yeah bitcoin is the most widely used in virtual currency but its legality is still questionable? different from the digital currency made by the government officially it would be preferred because it could be used and accepted everywhere
Maybe it will take time for those who have a mindset that bitcoin is gambling, opportunity, red black and so on. It all depends on the person, so you don't need to explain bitcoin to them, later when technology advances many people use bitcoin they will move on their own and they will understand the real bitcoin.
What is meant by virtual currencies is not only the most well-known bitcoin. currently there are 1,400 virtual currencies. So, bitcoin is not the only virtual currency in circulation. As for bitcoin is one of the virtual currencies with the largest market capitalization. So bitcoin is digital or virtual money that is a term for us traders on social media.
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?
In my way of thinking, because of the influence of technology today there are lots of things that we can learned online. Just like this, cryptocurrency is gradually spreading in our country. People are engaging in technology thats why it is very good source of income. Even if its not legal in our country at least it is not banned, and that is important for me now we can do more bitcoin transaction all we want.
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?
if in my region bitcoin is very well received and understood that the flow of technology must be studied not in opposition because technology provides many good impacts but there are also negative impacts depending on us all the goods will have two sides, so bitcoin here is still accepted and will be learned by many people and schools .
Virtual currency is that which exist as a function of internet or air transmission currency. It becomes digital currency, when figures, units and technology is abale to make us see what is what in terms of currency. I think that many are sceptical because they don't understand it just yet. You have to teach friends and pessimists in a way that could convince them its all real.
I would go both because of advance technology and virtual currency almost the same function with digital money. As long as you use both in legal ways then you are good to go.
Knowledge is power and as more people become aware of the potential in digital currencies, it would greatly disrupt the system of financial transactions.
Cryptocurrency and the block ledger protocol is the technology of the future.
Cryptocurrency and the block ledger protocol is the technology of the future.
Bitcoin is a crypto currency that is used as a bitcoin online payment tool has its own currency symbol maybe for now there are not many people who accept the existence of bitcoin.
Yes, bitcoin is a crypto currency as a product of blockchain technology its use and nature is not far from digital money by the fact that bitcoin is a digital money too because it has a digital value that have correspond to real money and because we used it through digital transaction therefore it is an electronics money too.
For a year or two, they will all have to accept blockchain technology because it will be the reality and necessity to participate in the global financial market. As soon as some countries understand that, they will have more chances in the future and will be prepared for what comes!
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 in present times is a very huge and potentiating crypto currency and therefore there are millions of people around the world who are investing into bitcoin as the bitcoin is a form of digital currency and has redefined the meaning of investment and considered as the most beneficial investment of the present times, and we all know that it has bring a revolution in the economic world, by opening millions of job opportunities for the people and therefore people love to invest into bitcoin. 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?
Simply no technology at any time appreciated fresh engineering or perhaps advancement also effortlessly. It's going to steadily sound right in their mind. At the same time, plenty of lifestyles are already altered. Give thanks to the celebrities if you are one of many early on adopters.
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