Is the Crypto currency real money, this question is difficult to give an unambiguous answer. On the one hand, ordinary money is actually improved debt receipts, which in general indicate that the owner of a banknote is entitled to goods and services for the amount of their denomination and this amount is provided by the country's gold and currency reserves and the total amount of the country's gross domestic income. In other words, banknotes are secured by gold or commodity. Crypto currency is not guaranteed.
However, the reality of money is probably a bit different. This is how we can attest to their existence. Crypto currency exists in blockchein and can be seen in encrypted form in numbers and letters. Therefore, in principle, we can say that in this respect, the crypto currency is real, since it has a real designation. The only difference is that these designations are encrypted and not spelled out on paper, but are on digital media. However, the stone age has long since ended and we are moving into the age of digital technology and they are quite real.
Topic: Is encrypted digital money real money? - page 2. (Read 207 times)
Yes, Bitcoin is real money because you can exchange it for money in anywhere in the world. But other Altcoins needs to be converted into BTC before they can be cash. And before that, they might need to be converted in ETH, XRP or some other stable coin.
It is depends on your definition of money,is your money has centralization or being regulated by someone or few people?
Money for me is cryptocurrency,which gave me freedom to use it to buy goods without any hassle,anonimity of transactions deecntralized like cryptocurrencies.
Money for me is cryptocurrency,which gave me freedom to use it to buy goods without any hassle,anonimity of transactions deecntralized like cryptocurrencies.
Ever since the advent of cryptographic digital money, the question has been: "is it real money? The issue can spark debate over the internal workings of the digital currency, the consensus mechanism and the use of technology.
Many arguments support or denigrate the effectiveness of the digital currency as a true modern currency. The two sides of the matter will help each of us to come up with our own answers.
"Do I believe that encrypting digital money is real money?"
From people and institutional investors to bank clerks and fund managers, each role has its own views and perspectives.
This is so far only electronic money, which can turn into real only in one way this exchange. Maybe later when all this is perceived differently then yes, but now so far. Many arguments support or denigrate the effectiveness of the digital currency as a true modern currency. The two sides of the matter will help each of us to come up with our own answers.
"Do I believe that encrypting digital money is real money?"
From people and institutional investors to bank clerks and fund managers, each role has its own views and perspectives.
it's been proven if the digital currency is real money, do you not know that there's a lot of crypto exchange available right now? if digital currencies are not real money, surely they will not be valuable and will not be traded with fiat money. it's just that digital money has no real physical and still there are flaws to be perfected.
I don't think it's real money, but bitcoin is likely to be a real international currency, and it can be used in every country.
But other altcoins now look more like securities than currency.
But other altcoins now look more like securities than currency.
Ever since the advent of cryptographic digital money, the question has been: "is it real money? The issue can spark debate over the internal workings of the digital currency, the consensus mechanism and the use of technology.
Many arguments support or denigrate the effectiveness of the digital currency as a true modern currency. The two sides of the matter will help each of us to come up with our own answers.
"Do I believe that encrypting digital money is real money?"
From people and institutional investors to bank clerks and fund managers, each role has its own views and perspectives.
Many arguments support or denigrate the effectiveness of the digital currency as a true modern currency. The two sides of the matter will help each of us to come up with our own answers.
"Do I believe that encrypting digital money is real money?"
From people and institutional investors to bank clerks and fund managers, each role has its own views and perspectives.
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