Topic: The difference between btc and real money! - page 2. (Read 2021 times)
Haha if bitcoin not real money, it can't be have a value, bitcoin real money. But the difference is bitcoin digital money and fiat is traditional money. And the supply is make it big difference, especially the value.
Money is the old master, tried and tested, Bitcoin is the young disciple, fresh, naive and zestful. Money works, else we wouldn't be here today talking with people from around the world. Bitcoin still has a lot to prove before it can claim its father's throne.
Train you must young Padawan!
Train you must young Padawan!
Bitcoin has more advantages than fiat when it comes to speed of transactions, lower fees, more added security which depends on the user etc. However fiat is much more common and used worldwide as people use Bitcoin usually for online purchases while fiat is dominating the daily life expenses. So I think it will be different for every person how useful fiat or Bitcoin are.
Many advantages that you can get from using bitcoin "fast transactions and low fee transaction " but we can't leave real money. difference between btc and real money! for bad and good it's back to your opinion.
Bitcoin is a real money, you can buy most of things with it, bitcoins has no fizical appearance but you can convert the bitcoin into dollar and use it every where. You should write about REAL MONEY' is it means currency note??? like dollar and euro?
Yes I think he is referring to dollar or other countries currency for that 'real money' word he used.
But we have to intoduce it more to make it more popular otherwise people will not get to know about it.
Bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.
Which are the goods and bad of btc comparing to real money?
It depends from which party are you talking about, if you mean about using btc or real money for merchants, then it is a higher risk to lose money when they convert the bitcoin to cash (like the situation yesterday when the price crashed -5%).
Bitcoin is safe more then real money. security of bitcoin is more strongest then real money, banks have more chance to get robed while bitcoin wallets and storing systems are safer then banks.
and bitcoin have more features then real money. it can be used for online shopping without any exchange and conversation.
Bitcoin gives profit itself and real money won't. these are the big difference between bitcoin and real money.
and bitcoin have more features then real money. it can be used for online shopping without any exchange and conversation.
Bitcoin gives profit itself and real money won't. these are the big difference between bitcoin and real money.
Which are the goods and bad of btc comparing to real money?
you should start using bitcoin as in spending it instead of fiat to understand the good and bad of using bitcoin in comparison with "real money!". anything we say here will be an abstract idea unless you try it out yourself.
Bitcoin is real money. 
Your "fiat"(A currency that's created and controlled by a government. In other words, it exists by government) just went online and became this coin where when you buy it you are already an investor.
Your "fiat"(A currency that's created and controlled by a government. In other words, it exists by government) just went online and became this coin where when you buy it you are already an investor. 
the difference between real money and bitcoin is clear. bitcoin does not look physically. while the clear physical real money.
Bitcoin is basically a digital form of money that is connected to real world value. The simplest way of explaining is to compare it to a virtual bank where you are the sole owner of that bank and you answer to no one about your money. Now Bitcoin is still not accepted everywhere and you may need to use exchanges to convert to fiat for such businesses that still don't deal with Bitcoin. Also Bitcoin doesn't have paper bills so you always need an electronic device with you that can facilitate the transactions.
bitcoin is an experiment as Satoshi claimed, litecoin is real money
BTCitcoin:
1. Low fees
2. Pseudonymous (you can stay anonymous but once you give a name to your address then your known and traceable)
3. Good transaction confirmation speed (if you know how to calculate it's required correct fee in which most don't know and blame the system instead)
4. No government controls it
5. It has no limit on who use it
Real money:
1. High fees (when used to send money from banks)
2. Identified (your identity is known when dealing with anyone using banks)
3. It has good (normal transactions between local banks) and bad confirmation speed (when used to send money abroad)
4. Government controls it
5. It has certain limits on who could use it (there are some deals that don't allow certain moneys to be used as part of sanctions made by some countries)
1. Low fees
2. Pseudonymous (you can stay anonymous but once you give a name to your address then your known and traceable)
3. Good transaction confirmation speed (if you know how to calculate it's required correct fee in which most don't know and blame the system instead)
4. No government controls it
5. It has no limit on who use it
Real money:
1. High fees (when used to send money from banks)
2. Identified (your identity is known when dealing with anyone using banks)
3. It has good (normal transactions between local banks) and bad confirmation speed (when used to send money abroad)
4. Government controls it
5. It has certain limits on who could use it (there are some deals that don't allow certain moneys to be used as part of sanctions made by some countries)
Bitcoin is a real money, you can buy most of things with it, bitcoins has no fizical appearance but you can convert the bitcoin into dollar and use it every where. You should write about REAL MONEY' is it means currency note??? like dollar and euro?
Bitcoin is real money thats true. we can convert it around the world. Anywhere. Everywhere.yup even if bitcoin has no physical appearance we can use it as real money.
Bitcoin is a real money, you can buy most of things with it, bitcoins has no fizical appearance but you can convert the bitcoin into dollar and use it every where. You should write about REAL MONEY' is it means currency note??? like dollar and euro?
Bitcoin is real money thats true. we can convert it around the world. Anywhere. Everywhere.yup even if bitcoin has no physical appearance we can use it as real money.
Bitcoin is a real money, you can buy most of things with it, bitcoins has no fizical appearance but you can convert the bitcoin into dollar and use it every where. You should write about REAL MONEY' is it means currency note??? like dollar and euro?
Yes I think he is referring to dollar or other countries currency for that 'real money' word he used.
Bitcoin is a real money, you can buy most of things with it, bitcoins has no fizical appearance but you can convert the bitcoin into dollar and use it every where. You should write about REAL MONEY' is it means currency note??? like dollar and euro?
IMO, here are their differences:
- Anonymous. You don't need names, house address, i.d's, Etc. Just get the btc address and send.
- Needs a lot of verification when sending and receiving.
There are a lot. This is all what i can think of.
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- BTC(BTC) - Can be transact even the smallest amount possible and the biggest amount you can think with the lowest fee.
- Anonymous. You don't need names, house address, i.d's, Etc. Just get the btc address and send.
- FIAT - controlled by the government
- Needs a lot of verification when sending and receiving.
There are a lot. This is all what i can think of.
[/list]
Which are the goods and bad of btc comparing to real money?
first thing that comes to mind when you talk about bitcoin especially these days is the price of it. when you buy bitcoin you are making an investment that it will go up so you can make a profit by buying it.
but that is not all of it. bitcoin is an excellent form of money so you can use it as such for your transactions. it is fast and easy to use and also on top of that you only pay a small fee for the transactions.
also there is no restriction about using it, unlike some payment processors online you can use bitcoin however you want.
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