Topic: Is Bitcoin 'real money' to you? - page 41. (Read 70683 times)
Of course it is. There's so much that can be bought with it specifically in electrical engineering work.
yes, bitcoin is real money to me. though i do not use it in real life, i use it exclusively on the internet, still real to me.
The only difference that Bitcoin has in relation to fiat currency is that fiat is backed up by goverments
Well, ask this to deposit members of portugal bank and italian bank that have crashed un december 2015.
Deposits are not available at this time ... even it's below 100 000 euros.
protection of FIAT ?
Safety of FIAT ?
No ... they have no money in vault at the end.
it's true, when some government crash you have a nice zero in your portfolio, when bitcoin crash it's most likely a dump that will recover
so having a centralized system with a so called "backed up from the government" is a double egde for the value of your funds
What about investing in Gold bullion? Will that serve as a reliable protection for the value of my money? Just asking hypothetically in case this scenario happens when the governments crash.
in case of a financial meltdown or war investing in gold or silver is the best bet and this has being the case for a very long time.
The only difference that Bitcoin has in relation to fiat currency is that fiat is backed up by goverments
Well, ask this to deposit members of portugal bank and italian bank that have crashed un december 2015.
Deposits are not available at this time ... even it's below 100 000 euros.
protection of FIAT ?
Safety of FIAT ?
No ... they have no money in vault at the end.
it's true, when some government crash you have a nice zero in your portfolio, when bitcoin crash it's most likely a dump that will recover
so having a centralized system with a so called "backed up from the government" is a double egde for the value of your funds
What about investing in Gold bullion? Will that serve as a reliable protection for the value of my money? Just asking hypothetically in case this scenario happens when the governments crash.
Anyone claiming it has no value to them is lying.
Since we can use bitcoin for real purchases, it's just a matter of time before the whole world will see it.
Since we can use bitcoin for real purchases, it's just a matter of time before the whole world will see it.
Yes and if you can buy anything using bitcoins then its a real money no matter we don't have physical bitcoins in our hand but it is taking care or our stuffs and that is the best thing about bitcoins, As you can also convert bitcoins to fiat which is a real money so bitcoin is also a real money.
Anyone claiming it has no value to them is lying.
Since we can use bitcoin for real purchases, it's just a matter of time before the whole world will see it.
Since we can use bitcoin for real purchases, it's just a matter of time before the whole world will see it.
yes that is real.cause i can buy most of the product by it's.
yes, bitcoin always evident to me, I guess bitcoin already has the same value as the currency in use in my country, because I always add both to count the number of my income every week
The only difference that Bitcoin has in relation to fiat currency is that fiat is backed up by goverments
Well, ask this to deposit members of portugal bank and italian bank that have crashed un december 2015.
Deposits are not available at this time ... even it's below 100 000 euros.
protection of FIAT ?
Safety of FIAT ?
No ... they have no money in vault at the end.
it's true, when some government crash you have a nice zero in your portfolio, when bitcoin crash it's most likely a dump that will recover
so having a centralized system with a so called "backed up from the government" is a double egde for the value of your funds
why wouldn't they be real money . if investing in bonds , stocks , mutual funds , real estate are real money then why whats the difference in bitcoin. is the only thing people are watching out because its new and volatile . In short For me its real money
It is really real. That is good if you think about that. If it can be changed to fiat then it is real. Some just think of it as online playing money. They have no experiences yet of what it is really.
The only difference that Bitcoin has in relation to fiat currency is that fiat is backed up by goverments
Well, ask this to deposit members of portugal bank and italian bank that have crashed un december 2015.
Deposits are not available at this time ... even it's below 100 000 euros.
protection of FIAT ?
Safety of FIAT ?
No ... they have no money in vault at the end.
YES
it is more real than some crap 3rd world country fiat currencies I had to deal with before
with btc debit cards there isn't much you can't buy nowadays with btc
it is more real than some crap 3rd world country fiat currencies I had to deal with before
with btc debit cards there isn't much you can't buy nowadays with btc
the challenge is.. how to make them have a computer or a smartphone and then convincing them to accept payments with a bitcoin-wallet installed in it.
Youd dont have to do anything except wait.
Give them a few more years to get to know smart phones and these digital stuffs. Then time will resolve it.
But you can speed it up by telling them about bitcoin and advertising bitcoin hard in your area.
absolutely not. at least not in my country yet.
A money doesnt need a country to be money. Gold was used as money long before any country existed.
Bitcoin will be used as money long after countries will dissapear.
absolutely not. at least not in my country yet.
Yes. I can not buy to mineral water from the traders in roadside.
because they do not have a laptop or smart phone to accept bitcoin payments.
the challenge is.. how to make them have a computer or a smartphone and then convincing them to accept payments with a bitcoin-wallet installed in it.
I consider bitcoin true money, it has the same value given to money (can buy things with it or get money to buy things), in my country i can't buy goods directly with it but can exchange it.
why wouldn't they be real money . if investing in bonds , stocks , mutual funds , real estate are real money then why whats the difference in bitcoin. is the only thing people are watching out because its new and volatile . In short For me its real money
absolutely not. at least not in my country yet.
All my life economies are in the Bitcoin network ... so yes, i trust more Bitcoin than FIAT system.
And i have read 3 months before done this.
Bitcoin win in all strategies ... because, like a P2P system, it is attached by "nothing" (controlled by the majority, not by a few people like the banks and the state).
And i have read 3 months before done this.
Bitcoin win in all strategies ... because, like a P2P system, it is attached by "nothing" (controlled by the majority, not by a few people like the banks and the state).
I just withdraw 20 dollars so it is real money. Used it for buying my usb otg and my micro sd card. Now I am even happier that I got to know bitcoin with my early life.
Yes if you can convert your btc to fiat then its a real money, if you can purchase any product using bitcoins as a mode of payment then its a real money, if bitcoins is taking care of your basic needs, your basic expenses then its a real money and that is the same case with all the bitcoins users who are using bitcoins since a long time regardless where you are using it for online purchases, online transfers or converting it to fiat.
Yep, some also uses it for paying their electricity bills, water bills and even their telephone bills. There are some wallet websites that are now connected to those kind of payments.
No, bitcoin is not real money for me,if bitcoin not traded and juat stay in wallet or exchange,bitcoin justba number who have value and can be trade and become payment.
As a bitcoin user, Sure you know real face bitcoin. It works more than fiat currency If you sell also Its going for high value.Bitcoin is anonymous than other money and more transparent. and we using on online purchasing and all. Why not its real dude.
still limited to use bitcoin, can only be used in online
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