Bitcoin Forum

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

Hi and welcome to bitcointalk forum!

By other "offline currencies", I guess that you mean to gold and cash, let me explain why bitcoin is better then them.

Cash- Huge inflation, which means that if you hold cash as a store of value, at the long run you will lose value!, can be only transferred by a face to face meeting(someone need to physically deliver the cash to you).

Gold-Hard to store( takes a lot of space and may require to have a security behind), and also hard to transfer

Bitcoin- Fixed inflation, which means that you won't lose value at the long run, and also very easy to transfer,you don't need to actually meet someone in order to transfer bitcoins and you can do it from home.
Also it's value goes up at the long run.

Just to add on of some my idea about bitcoin versus offline currencies.

Offline currencies are those fiats money we have on distinctive country. Also, other jewelries which will be convertible to cash. It's durability will be affected like our paper money in long run of time. During cash transaction there will be a transaction fees or other fees like tax that will be add on which is required by the government.

Bitcoin is a crypto currency which lives in the cyberworld and decentralized was occurred. Bitcoin has a lots of privileges , like transaction fees which is easy and fast with very low transaction fees compared to fiats money. Its value is increasing and its a good opportunity to have a good profit today for the future purposes. No government that will be dictated which is highly secured especially the different transaction all over the world. As of this time bitcoin is the dominant of all over crypto currencies in the cyberworld .

Basically we can explain that with Bitcoin we can buy whatever we want. it has become the basis that Bitcoin is a precious and valuable items such as other real money. Compared to real money, of course Bitcoin is still far from expectations, we all know that Bitcoin can not enter the sector that does not have internet access, therefore currently most Bitcoin users are those living in urban areas. I really crave that one day Bitcoin can be used by everyone, we are all currently waiting for infrastructure to support the use of Bitcoin can be realized and evenly distributed in various regions. If this can be realized then I am sure that Bitcoin could be one of the biggest economic forces in the world today. there must be support from various parties to be able to realize this all.

For me to compare bitcoin in fiat, gold and other source of currency, bitcoin still has a lot of space for improvement bitcoin hasbit's disadvantage and advantage of course bitcoin only rely in the internet but it make transaction much more easier but fiat on the other hand is tangible it means you can see it with your own eyes and hold it with your own hands and that's what i think why a lot of people still not interested in bitcoin because what they want is the tangible one.

I have been asking myself beforehand how do I discovered bitcoin investments now than any other currencies available since my birth. It is because cryptocurrency is for the masses and not for oligarchs that Is dominating the entire stock market for they’re greediness. It’s a reality that we won’t never understood until now if Blockchain technology destroyed that perception that investing is for the riches and the kings.

It is the ultimate opposite to gold and fiat and the opportunity it bring to ordinary person is higher.

I would not say the reason why fiat is more tangible is because you can see it with your own eyes. It has always been the traditional means of payment for a very long time and just very few people know about bitcoin which is why I agree with you that bitcoin still has a lot of room to grow and develop.

Bitcoin is very useful and also not easy to just come by most especially these days and it is normal because assets too are always like that and the early adopters are always the ones to reap most of the benefits. So, I would rather say, time will tell, because right now, everything is evolving.

Bitcoin has a vast demand and supply in market than all offline currencies, the present value of bitcoin describes its importance itself.
It's instantaneous transfer feature attracts, even compels large organisations to accept bitcoin as a primary method.
Nearly in five years, use of fiat currency would be negligible for sure.

We cant still be sure if bitcoin wont really lose its value since we dont know what would actually happen yet on future years to come in btc. The thing why bitcoin do have high interest because of its benefits like its new way payment system and at the same time the opportunity of making money. This is one of the advantage on where offline currencies can match the thing here is that bitcoin isnt been backed by government which some people would see this as a drawback specially to those who do trust fiat currencies soo much.

Hi and welcome to Bitcoin Forum!  :)

Bitcoin is basically a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a single administrator.Bitcoin is better than other offline currencies in following ways:
• Bitcoin is better than regular currency as Bitcoin has the [capability] to be send and recieve money in an easy and secured way whereas other offline currencies consumes time and effort to transfer it from one place to another.
• Bitcoin’s [future is brighter than other offline currencies] as it’s marketvalue is getting higher day by day which increases the chance of profit. Bill Gates highlighted it’s importance by stating that “Bitcoin is Better Than Currency”.
• Bitcoin’s [security beats other offline currencies security].Bitcoin can be backed uo and saved to other servers, saved in wallets, or in offline vaults whereas, other currencies can be lost or theft.
• Bitcoin [doesnot act like Banks],we alone can control nad manage it knowing that soon it’s value will increase. Also, there is no tax to less on our profit.
• Bitcoin [increases the speed of transaction]as it is online transaction system which other offline currencies are not.

At present moment, Bitcoin's demand is huge and increasing in a fast pace. Moreover online stores have already started to accept Bitcoin only, but I believe other cryptocurrencies will also be accepted.
Atleast in far future the use of offline fiats will be somehow reduced for sure.

I see that this discussion is between future and past. Fiat is new to the world in the year of 1769 when the time we first paper money but since world adopts to digitalization we will give further to use the bitcoin and other crypto currencies as their national currency but I am really looking forward to know the bitcoin as a national currency if that is belongs to my country means I will be glad more about it.
However, these kind of discussion will goes like rubber band and expand it more than a 10 plus pages by saying the same information again and again.

It's really up to what you want to use each for. Considering that you're probably talking about fiat, I would say that if you want to use something more as a currency, use fiat. It's accepted much more across multiple platforms; it's what the sellers normally expect you to use to pay. If you're looking to get a form of payment that ranges in the evaluation and one that works as an asset/investment as well, work with bitcoin. You'll have gains in the future and be able to use it then.

I always explain to others that Bitcoin is a revolutionary financial system and has a good future. I always compare Bitcoin with credit card and paypal. With various explanations then I mention that Bitcoin has many advantages over others, Speed and ease in doing every transaction is a plus value that we can. Mathematically, Bitcoin is far superior and better equipped to cope with the increasingly sophisticated growth of technology today.

There are a lot of reasons, firstly there is a trust that comes from the fact that it is the first crypto money, there is also an excessive customer demand, the use of many places makes the price of BTC high.

Right. Cryptocurrency will always be for everyone and the fact that some people who have always controlled fiats cannot really have much of a place in the crypto ecosystem makes it more interesting.

Yet, it still all balls down to those who are able to adopt it very early as whether we like it or not, most of these rich dudes are already catching the scopes and trying to invest as much as they can but the good thing is that, decentralization is what gives it so much sense at the end.

Obviously now,the value of bitcoins is greater than any other offline currency because of the demand of its users and because of its future potential. It is also easier to use during technology development

When you future digital currency usage is little away from till reach to laymen level we cannot comapre bitcoin with the Fiat currency.
Because price value will be more expected in digital currencies but Fiat value very small and reasonable value only.
I am sure every country will own each digital currency as their country's one and will make it as national money also.

hope for everyone can realize access bitcoin use is a bit difficult to realize ,, actually not hope to get bitcoin access offline. but we should be able to have internet access evenly across the region, .. because if it can materialize maybe the use of bitcoin could cover the whole area ..

Comparing bitcoin against "offline currencies" you mean to say cash? or a thing that has an economical value like jewelries, mostly with precious gold, silver, bronze, etc? If you are looking for what's the real market of bitcoin, try to check out coinmarketcap.com and for the market value of fiat money/cash, the government or your country will tell it how much it was valued. While with the precious things I mentioned try to explore this chart http://www.kitco.com/charts/

maybe right now offline currencies is better than digital currencies specially bitcoin, because right now bitocin is not popular than we know, not all of people in a country know about bitcoin and use it, so if we want to make transaction with bitcoin it will be harder than offline curencies

I think there are many reasons that could make you believe that investing in bitcoin is better than other offline currencies. One of them is huge market value with huge scope of profit investing into bitcoins. Every other offline currency has a certain ROI out of which maximum could be provided by investing in gold . But at this point of time Bitcoin is leading every currency available including gold.

There are no coins that can compete with Bitcoin in any matter. The whole market of other cryptocurrencies is totally dependent on Bitcoin and its price. Their rise and fall, their adoption and all, it starts and finishes with Bitcoin. So obviously bitcoin will have and has the highest market value and it will always be the same. I don't think there will be a coin which can stand still against Bitcoin, unless Bitcoin surprisingly disappears and some other coin takes its place.

Yes, right bitcoin is the king of cryptocurrencies very rightly but OP was mentioning offline currencies which I guess he meant USD EURO etc.
so returning to the query of OP at the moment bitcoin is in starting phase of global adoption. Cryptocurrency is the future we are moving towards a whole digital world and in the coming years, it will definitely worth a lot more than the offline currencies(maybe they will no more have their existence in future ).

there are now many currencies now becoming popular like bitcoincash and many others. but look bitcoin is the first cryptocurrency, it has many invetors as compare to other currencies.. but let me tell you one more think there are many new currencies which has many many best features than bitcoin. i like Deeponion which is ongoing airdrop every week and continues almost till march.. it is totaly anonymous currencies. it has features like deepvalut and recently launch their online shop. it is becoming much popular and it is around 1$ right now but it can easily touch 2$ within next month and its feature deepsend will make it moon like a skyrocket.. so dont miss them.. they are already becoming rare.. join their airdrops

Well the credit cards have a truly distinguished role, comparing bitcoin and a credit card is insane. It’s not only about the value it’s about the usefulness as well. In case of emergency a credit card is convenient than the bitcoin which you will first sell on the exchange and after confirmation of your transaction there will take place another transaction and it will be from exchange ending fiat to your bank account. This process of conversion is too lengthy and time taking, to be used in emergency situation. You will be lucky enough if your transaction is confirmed within four to five hours, bitcoin transaction were faster in the beginning but now the transaction sucks.   

Bitcoin as a Cryptocurrency it is, is more valuable and appreciating in value than offline currencies.
And also, Bitcoin gives that feeling of anonymity. With time, fiat will be in the past.

I don’t see why anyone would be comparing two different things against each other. Bitcoin is a virtual currency and not a conventional currency, so if you want to compare it, you should do so with other virtual or crypto currencies just like Ethereum, Ripple and Doge and not with real currencies. And know this– there is nothing like only offline currencies, cause currencies like dollars and euros can also be used digitally. So next time, you better say conventional currency or Fiat and not offline currency.

Rather live in the best of both worlds !!
Cos both have their cons !!

It has many invetors as compare to other currencies, but let me tell you one more think there are many new currencies which has many many best features than bitcoin, so if we want to make transaction with bitcoin it will be harder than offline curencies.

That is for sure, but we also have to consider that aspect where the person in question that you want to send money to is not really aware of what bitcoin is all about. However, I understand the fact that you can stay under the radar by using any of the altcoins since they are not in public light, but you also have to understand that you will still in one way or the other need bitcoin to achieve this, at least for now.

Crypto and Fiat currency defers in many ways just to give you one example about Transaction, nowadays in order to pay service abroad tru online you only not saving enough because of taxable goods or service but your risking you money tru possible unsecure transaction.

Bitcoin really do have a lot of potential which is why we cannot even be comparing it to centralized fiats. Fiats or offline currencies like the OP stated it will always remain controlled and that is what makes digital currencies different as you are in full control as long as you are not holding XRP, USDT or the likes, if you know what I mean.

Not all offline currencies are also widely used as some are normally used to do some underground runs like gold. However, bitcoin can still be used as long as the peers involved are both willing to accept it as a form of transaction which for now, is not something we have really seen much of it as it is not widely used yet, but time will definitely tell us at the end. For now, fiats or basically paper currencies are still very much needed.

Market value is a relative thing, but comparing Bitcoin to FIAT money isn't all that easy. First things first, most people don't grasp the concept of decentralization because they don't understand that FIAT money is based on trust to govt. Cyprus is a good example of how govt van change legislation overnight to nullify civilian assets. Bitcojn's is immutable and wouldn't allow any party to interfere with an individual's assets.

I disagree only that FIAT money is based on goverments, because it's not. It's based on DEBT.
In order to create FIAT from "scratch", you need to create debt from/for someone. THAT is what people don't understand.

To add to what was said previously, The big difference between bitcoin and anything else is the blockchain obviously, having a public ledger in where every transaction is logged and can be verified is huge.

The other thing is that since Bitcoin is related to exchange rate you can say it is more of stock rather than money which has a more or less fixed value, something that bitcoin may reach in a couple of years.

How can you even compare Bitcoin with those !! Dude don't you think thats just disrespecting Bitcoin. Well let me tell you why Bitcoin is better . Firstly people want to or like to invest in something whose prices increase alot and in the case of Bitcoin it does. It's much easier to covert Bitcoin rather than those crap currencies

What I understand about your question Bitcoin versus other currencies. Bitcoin has a huge potential which has been introduce the cryptocurrency which is the present and future currency for technology requirement of the world. The offline currency is getting ruined by youngsters.so I see bitcoin is the savior for us.

Points noted
Thanks for the explanation

Thanks. So in summary, bitcoin is much more better. Am I right?

Cryptocurrency (Bitcoin) has more market value Why? it's because Bitcoin's price is Higher Than Offline Currencies Price. Bitcoin is Not against to other offline currency it is the new Identity of Money Online (Bitcoin and any other coins), Bitcoin and offline Currency (FIAT) is Really Different BTC Online FIAT offline. Crypto always transact in ONLINE, but offline Currency (FIAT) transacts either offline or ONLINE hope this Helps a Little bit.

For me nothing is better. Both have good and bad thing if we compare it.
If gold hard to store and bitcoin i know its very easy to store just in wallet that you bring anywhere.
But gold have more good in value, its always slowly increase. But bitcoin sometime fall in value.

it is obvious that there is no bitcoin at all because the price is high and it is legit also that coin and bitcoin are also the most users here,

It has been said about offline currecies having taxed by the government. Distinctive cash and in the long run may be phased out and that could lead to no value at all.
Profits depend on how you actually invest your fiat to earn. Banks are needed to have transactions and storage and low profits.
While on cryptocurrencies which are the online currencies which are known to be decentralized. Easier transactions, not yet taxed, low fees but on the process of having high fees for faster transactions. And in the long run, stored in wallets with private keys. Very handy and convenient to use especially when it is implemented to every market because it is used worldwide. When it comes to investment, very easy to use and profitable in many ways.
Troubles are no web, technicalities or even the wallets used.

nevertheless, none of the people are tired of switching to crypto currency, because almost the minimum population of the planet is familiar with this technology and the money they represent. I think it will take a very long time to popularize Bitcoin in the community, and still I think that Bitcoin is a currency for a certain Circle of people, and not for all of humanity. That is why electronic fiat will take the leading positions in the financial world.

Hi newbie,

I thought, you mean other currencies means fiat currency..

To compare those things are like BTC and fiat had a lot of difference.. And my opinion is bitcoin is better than fiat currency.. Because the reason is bitcoin has more benefits like it is untraceable and more secure than other. The BTC value will going up in future..

Fiat currency is really tough to save..  And the price is always idle.

With your reply, we should expect a big bang with the use of bitcoin in the economic market with the support from various sources right?
Let's keep our fingers crossed then.
Thanks

Bitcoin vs Offline currencies? Then it would depend on which thing you do like to know when it comes on market value then Bitcoin doesnt stood a chance in local fiat currencies if you do really try to see on how big do have on local fiats. Bitcoin might have a high value but when we do speak on stability or foundation then fiat would always stand on the peak on which most people will sure choose up.

Thanks for your comment
Invariably, your preference does not lie with bitcoin because of the condition attached to it for smooth operation, right?
Let's look forward to improvement in that section, okay?

Like you said ; time will tell.
Thanks for your comment.

Improvement is already here (SegWit), but it lacks actual usage. Another important implementation (Lightning Network) is something that's being worked on, where if implemented, Bitcoin can't further improve in terms of its currency aspect. We just have to accept that the volatility, which is another 'obstacle' in that regard, will likely always be part of this market. But then again, people will always have something to complain about. If the market is volatile, people complain and want more stability. If the market experiences a stable period, people complain about the market being boring, and want the volatility back. It's basically similar to how people react on the weather....

Point noted.
Thanks for your contribution.

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Thanks for your comment and contribution.

Point noted.
Thanks for your contribution.

Well I think Bitcoin is an currency and can be used as an asset unlike offline currency that is just a currency, in short you can make money in currency like bitcoin it's an investment but offline currency is tangible that's what its advantage that bitcoin don't have but still bitcoin has a bright future.

Point noted.
Thanks for your contribution.

Point noted.
Thanks for your contribution.

Bitcoin value are rapidly increasing, so I never doubted if one day bitcoin surpass other offline currency in the world. I was completely believe that bitcoin is the future currency of the world. I'm looking forward to the value of bitcoin in the crypto industry this coming 2018. Most of the users are correct to their speculation because this coin now are totally reach $10,000. Obviously that offline money or paper currency are no longer increase their value in the market whatever happened.

great explanaition mate,enough for the op to understand what you trying to
Impose,but what captured my attention is when you said "YOU WONT LOSS VALUE AT
THE LONG RUN" because as we know bitcoin value wasnt stable,it dump and bump and
No one can tell what will the future of all crypto currencies,if they will stay on high value
Or will drops for tomorrow,

For me better to sau that Bitcoins advantage is when it pumps our investments could
Earn big profit while in physical money we can ewrn nothing.upon holding

Why not try to use the bitcoin to end inflation of paper money? If the bitcoin can't be inflated, this should create a reason to no longer create anymore currency to balance out its current value and maybe even create a much more stable economy that no one has ever seen before. But that's just my opinion.

Point noted.
Thanks for your contribution.

Point noted.
Thanks for the contribution.

Point noted.
Thanks for your comment.

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Thanks for the response.

Point noted.
Thanks for your response.

Like seriously, what’s offline currency? I really find it stupid when I see people say offline currency, cause I don’t see anything real currency that’s particular just offline, cause dollar and other currencies can also be used online; they’re being used both online and offline.

Bitcoin is only used online, and another thing you should know is that Bitcoin is not a Currency, it is just an asset that keeps on increasing in price rate and the main reason people are here is for them to make extra money, through the investment they have made.

Both offline and online currency has advantage to each other, bitcoin is much better to invest right now than real state because it can give quicker income even short or long term period unlike using fiat to invest in real estate you should wait for long period of time to feel your income.
The best thing in offline currency ia you can used it anywhere, anytime you want.

It's very hard to say that bitcoin value is rapidly increasing.

It something that happened, it doesn't mean that it is going to always happen, I don't think that the fact that bitcoin's price is very volatility is a good thing, I think exactly the opposite.
It is hard to have bitcoin as a store of value because the price tends to go up and down very often.
When people search for a store of value they search for a safe asset, and bitcoin is not a safe asset at all.

 

As speculative currency the volatility is very good and worth a lot since we have never seen BTC falling on long term, what means the volatility is always pushing BTC up (and a lot!). But as you said, we can't predict it will always happen... It's the nature of Bitcoin, and even with so many apparent risks, it's still very worthful and profitable. I see Crypto-Currency as a new kind of investment like we never had before, very original and volatility is a part of it.

Bitcoin isn't so safe like traditional investments people make with fiat (I don't even think these investments are profitable), but it gives much more return. So you must think about about the possibilities: A profitable "risky" investment or a safe unprofitable one? I prefer the first alternative...

By offline currencies, we already know he is referring to fiats and mainly in the form of paper currency.

Whether USD is being used offline or online, it does not change the characteristics of it and that is centralization.We all know that fiats suck and governments have only tried as much as possible to cover the face of the masses with some blurs and make them suffer for the monopoly they have been doing with fiats.

Bitcoin on the other hand being a decentralized currency is more of a better store of value than fiats and over time, when mass adoption is fixed and when bitcoin's scaling issue gets better, I really wonder if any crypto enthusiast will be using fiat.

Bitcoin is looking very promising, with good market value

Bitcoin is a digital currency that is best for longvterm investment, from the previous year btc have shown great increasing value so it can give really high return to investors while offline currency or fiat are good for buying things and servuces compare to btc that have fluctuating value. Fiat's value is steady and can be easily affected by inflation. It ia also regulated while btc is decentralized.

I agree with you. Though bitcoin is very profitable as a currency or commodity, risks are endless and as prices continuously increase, risks definitely higher too. Especially in investments started at high prices. The volality can never be accurately predicted or expected in reality.

That is what makes bitcoin even much better anyway. Cash have always been inflated and asides the huge control by the government at the expense of the masses and by trying to distribute wealth to just some few set of people, fiats have been a useless one as far as I am concerned and who would want to stick to useless when useful that would end up paying everyone is there.

Bitcoin will keep growing in value, will keep being useful for transactions and that alone will make it to step aside offline currencies in the long run.

Bitcoin has a vast demand and supply in market than all offline currencies, the present value of bitcoin describes its importance itself.
It's instantaneous transfer feature attracts, even compels large organisations to accept bitcoin as a primary method.
Nearly in five years, use of fiat currency would be negligible for sure.

Point noted.
Thanks for your contribution

This is always been the risk if you do decide to invest into bitcoin which volatility would really be the main enemy on here since we wont really know on where would prices would go either in a matter of minutes or hours or days.No one really knows this is why this crypto market is really unpredictable. Offline currencies is being used in the beginning of time which its being backed by the government which we can somehow say that it is stabilized and strong. Bitcoin is a different thing.

Offline currency now is much useful for now compared to bitcoin, because as you see bitcoin amount now is not totally used as currencies in different countries. Maybe it was used in some are but not all allowed bitcoin, also offline currency is the most useful amount of an ordinary people maybe they were already trained well using offline cash compared to bitcoin.

At present people were much used to the offline currency. This is all because of the increased usage and the ease of accessing unlike the bitcoin as well other digital currencies. For using bitcoin people need to get used to it, which takes long term and so it gets more importance as an investment as well on similar needs rather than getting used as currency.

bitcoin is very feasible if used as a form of investment assets because the value and price movements are always changing quickly that can generate profits for anyone who invests in it, when compared with other types of investment forms bitcoin obviously much more promising. but the ease of transactions that have been done by the general public better use the real currency that we use because the role of bitcoin is not a currency that can be used by all levels of society in the world.

That will change once lightning network does its work. Currently the higher fees and slow confirmation times are the main bother for people, and after that comes the volatility. If we look at lightning network, it will take care of the higher fees and confirmation times. Another aspect is that it is capable of processing much more transactions per second, which is also a limiting factor right now, but not directly noticed or looked at. People (especially those who value micro transactions) will get their shot, which will make the chances of adoption by people in third world countries much higher than they ever were. I don't know when lightning network will be fully operational, but it's definitely something to look forward to since this will push Bitcoin to the next level.

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Point noted.
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Point noted.
Thanks for your contribution.

The bigger the more higher risk, its normal that's why you need to invest your money that you are willing to lose. We all don't want to lose our money, but this is investment and we need to face the fact how risky it is.

At this stage, the rate of adoption is still very low and then I imagine when the time we have been waiting for when we will end up having some huge amount of FOMOs rushing in comes. Bitcoin has reached a huge ATH just in this year alone and I am not sure anything can bring it down further than it already is except for just some few corrections.

As time goes on and as bitcoin becomes even more usable for daily spending, offline currencies are going to be ignored by bitcoin enthusiasts, and as things get better, other enthusiasts will keep rolling in to be a part of the crypto world.

I think that Bitcoin will still be in the lead among the crypto-currencies and maybe others need to be equal only by Bitcoin, and not try to do something more. I think that it is almost impossible, because we are going today. What are the maximum records of the price beat Bitcoin.

Bitcoin is not controlled by the government which means that they cannot manipulate on their own selves the financial market which they can on fiat and bitcoin will have more market value in the future which is going to $1M possibly.

The thing is everything which is there in this world has its own pros and cons. There is nothing perfect in this world. Bitcoin does have some drawback like that of slow transaction process and high transaction fee but as compared to that of other currencies, it is really very profitable to have bitcoin in our wallet. Reason being it can help us in having more money in return unlike many other currencies. Moreover, it is having a very bright future.

As the value of bitcoin is surging high, if it Para venture drops in value in terms of price, will it still be able to surge high or even higher than its initial price?

Yes that is right that with the increasing interest of the people in online currency the use of offline currency will be decreasing. But still i think it will take a lot of time because currently a very limited number of people have the opportunity to use bitcoin for shopping. I think still majority of people do not have the awareness about bitcoin but now we can see that because of the increasing introduction of bitcoin in different place people are now taking more interest in bitcoin and they are now trying to use bitcoin for shopping and so many other purpose.

I think that all bitcoins will lose all crypto currency one by one because bitcoin only has the highest rate and value in all the coins.

Are you talking about fiat vs bitcoin right?
Both have pros and cons and both have importance in their own place. I believe bitcoin and cryptos have more advantages than fiat because of the following reasons.
1. Bitcoin and majority cryptos are decentralized, not a single authority or governing body can control it like fiat.
2. Bitcoin and cryptos are more secure.
3. Bitcoin and cryptos are more convenient in use.
4. We can get rid of bank's monopoly.
5. More trading opportunities in Cryptos than fiat.

what offline currencies are you asking? is it the real and physical money that we are using right now? if it is, bitcoin is the digital money and physical money is the money or currency that we used in everyday life.

Bitcoin has a huge request and supply in advertise than all disconnected monetary standards, the present estimation of bitcoin depicts its significance itself.

It's momentary exchange highlight pulls in, even propels vast associations to acknowledge bitcoin as an essential strategy.

Almost in five years, utilization of fiat cash would be unimportant without a doubt.

Bitcoin is a crypto currency which lives in the cyberworld and decentralized was occurred. Bitcoin has a lots of privileges , like transaction fees which is easy and fast with very low transaction fees compared to fiats money. Its value is increasing and its a good opportunity to have a good profit today for the future purposes. No government that will be dictated which is highly secured especially the different transaction all over the world. As of this time bitcoin is the dominant of all over crypto currencies in the cyberworld .

Bitcoin for me is an asset that has a high selling price. Bitcoin is not a currency, so I guess bitcoin can not be compared with currency. If bitcoin is compared to gold, I'm sure it is the right question.

Yes it is true that bitcoin is easy to used especially to online transactions, but if you realize offline money was the most usable currency for the real world. Even there's a lot of digital currency that circulate to the whole world, still fiat is the choice of many people.

Maybe because they have lacked of education regarding using of technology or else they can't know the good things given by the crypto currency.

When internet started some years back, you should also realize that it was not massively used as we have it now. One thing we have to understand with technology evolution is that, those who get to adopt it early usually and most times always get the best of it and before it even gets the wide spread usage, it takes time. Maybe, it is high time we started looking at bitcoin or the blockchain technology too in that light.

Well it seems from seeing the development of the era to the present, many people seem to thinking wanna be closer to this digital currency compared to the offline currency due to various on its advantages.
In addition to many people who are currently doing investing / buying-selling bitcoin, since already several countries has legalized bitcoin as a medium of payments.. many people are also currently opening various businesses with bitcoin payments.
Basically I think, as time goes by.. the people are more likely would be to keep up with the new things.

There is a very huge difference in between bitcoin all other offline currencies. The most basic difference is that bitcoin do need internet connection because it is an online currency unlike all other offline currencies. In addition to this, bitcoin can also help you in having a lot of money by simply keeping bitcoin in your wallet because of its volatile nature unlike all other offline currencies. Moreover, there is no one in this world which is controlling bitcoin because of its decentralized nature.

Bitcoin is the top leading coin in the world of digital money and is making more reputation with each passing day. There is a very huge difference in between bitcoin and all other offline currencies. The most basic difference amongst them is that you need to have an internet connection in order to regulate bitcoin. While there is no such need in case of offline currencies. Moreover, bitcoin is also a good way of investing money unlike offline currencies.

Welcome to the forum and crypto currency in general, the market value of Bitcoin cannot be compared to any offline currency or fait currency in the world. Bitcoin is the world wide currency that its value is increasing day after day and no any fiat currency  appreciate in value like Bitcoin any where in the world. The percentage of people who own Bitcoin is still insignificant and as it get more adoption on daily basis and that its value will continue to increase of which no offline currency or fait currency in the world has such adoption.

All the digital currencies which have been introduced to this world are gaining a lot of fame amongst the people. The increasing demand of most of the coins in crypto world is a proof of this thing that all the crypto coins especially bitcoin is going to have a wonderful future. All other offline currencies can only be used for spending money. None of them can serve in an away bitcoin can help us in making money.

there is no doubt that bitcoin is a great investment and as well as a currency since we can do transactions at a much easier way and faster than offline currencies, if you are referring to fiat, in which it is offline. in terms of value, bitcoin has a higher value compared to fiat, since bitcoin gained the trust of people through time and had shown that it can be both currency and asset, however for fiat, it will depend upon you location, where you live, for example in my country, our fiat's value decreases through time due to inflation and as well as the dollar's influence, well as for bitcoin, if you have 1 bitcoin in your country and it can buy a car, your 1 bitcoin can also buy a car in other countries, since the value of bitcoin is the same on every country, and for me that is already a good reason, why you should choose bitcoin over offline currencies.

I think bitcoin has more market value than other offline currencies. because bitcoin is more suitable for short or long term investment. the often rising bitcoin price will make you get a big profit if you have bitcoin. than stable fiat money can not afford a large profit like bitcoin. now bitcoin is becoming more popular than fiat money.

Aside from that investing in bitcoin is much profitable compared to offline currencies, because if you hold your bitcoin in the wallet it was rapidly increasing their price. Moreover value of offline currency are not gain profit if in case that the Fiat is on your hand

Extensive research is what will cut these, a newbie wants to learn so give him the forum, give him the proper references and explain him the blockchain. If ever he will deny all of your efforts and don't still believe in the blockchain then so be it.

Of course the fiat still have the largest market value, but BTC is catching up, I think in the next 5 years, it will already surpassed the Dollar reserve, why? Global adoption man, fiat has been here for about a hundred or thousand years, IF bTC will be adopted by as many of us, he will dethrone fiat that easily and governments, banks businessman and laws will try to not let that happen.

Bitcoin has a lot of competitors, as well as with the exact opposite Bitcoin is a competitor for many currencies. You are a bit mistaken about the banking system and the government, because all these structures are very quickly oriented in real modern conditions. The government is most likely the world leader of Bitcoin in order to have control over the income of users, just as banks can earn their president with the help of crypto currency.

I believe that with offline coins he meant the fiat. If yes I answer you, for the governments to keep the fiat circulating and necessary the production of new currencies in the market every day, not only to replace the lost notes but also to maintain the ones that are already spent.

Already with the virtual currency this would be unnecessary, because even as it is not physical and is not spent over time would not need maintenance, at most some security updates, which is the standard of all technology.

Well, or the user does not look at Bitcoin in different ways, because for some Bitcoin it's a high-tech art, and for someone it's an investment. although for most Bitcoin it's just an opportunity to make money.

if you want currencies that can make some profit if you just save it in a long term you need to see bitcoin, because you can save bitcoin but you also make an investment on it, because right now the price of bitcoin is unbelieveable, in Q1 of this year bitcoin onlu have a value unser $1100 but you can see right now that the price of bitcoin is more than $11000 so its mean that bitcoin have a big changes less than 1 year, so if you make an invesment to day how about next year or next 2 years? is it will increasing or decreasing?

Bitcoin is cryptocurrency  and the offline currencies fiat both have different concept and also having their own and different value. Bitcoin is the future currency which is giving very big returns to its investors and holding bitcoin itself giving very big returns as profit to its investors, Bitcoin is not accepted by all as it is fully depend up on internet technology and it is at present not provided to the whole world and believe that in future can be possible. But offline currency it is not dependent as it is fully independent accepted every nook and corner this is the advantage and disadvantage of bitcoin and offline currency.

For now US dollar still the king of the forex market specially this December,
Bitcoin is the king of Cryptocurrency and Crypto investment
Fiat or Offline Currency and Bitcoin can be both good benefit to our economy if we fix some of the issues flaged

offline currencies price in dollar are fixed compare to bitcoin. bitcoin can be use as an asset as well as commodity the coin have tendency to grow in value and can also diminish in value. bitcoin acceptance is growing daily and millions of transactions are made every day online using this digital currency. bitcoin have become most traded ecurrency is the world and this continue to rise due to more acceptance and media hype which seems to favour the coin investors.

Bitcoin is no doubt the top rated crypto currency and it is becoming the most demanding currency in the entire world. There is a huge difference in between bitcoin and all other offline currencies. The most important thing is that none of the regular currencies is having this much of worth as bitcoin is having now-a-days. In addition to this, bitcoin is also considered as mode of investment along with using it as an online currency.

Governments wanted to control Bitcoin, but they used other methods because it was impossible to control. Some governments have chosen to ban Bitcoin, a way to tax. If Usa takes out its own electronic currency, the crypto stock market will become completely chaotic.

Nope. Governmental crypto currencies are nothing more than an extension of the rotten system of the government. It grants them more control over people than ever before, and the sheeps that follow everything the government comes up with, will always remain operating within that system. Another aspect is that their crypto currency is tied to their fiat currency, and thus there will be no long term investment possibilities. All long term positions in these currencies will end up in you losing purchasing power just like people do with fiat already. It's nothing more than centralized garbage meant to trap people into the system even further....

I think that all bitcoins will lose all crypto currency one by one because bitcoin only has the highest rate and value in all the coins. :D ;D

Bitcoin and other offline currencies are two different concepts which is contradict each other and also contribute each other. Bitcoin is a cryptocurrency invented for the world people who need their money should give revenue to them and travel along with the technology and keep the secrecy and not depend on anyone or any institution also no need to pay tax for my hard earn money. Offline currencies are directly opposite to the cryptocurrencies. If you hold bitcoin it will appreciate but offline currency of any country cannot do it.

If we talk about taxes, then all existing currencies in any country have to do with taxation, but Bitcoin will never pay tax unless it is legalized. Although it seems to me that the legalization of the crypto currency will only strengthen its spread throughout the world.

Bitcoin is the currency that can easily to earn without any taxes, while offline currency is hard to get with a lot of taxes. However in reality offline currency or fiat is the most usable compared to bitcoin. Since bitcoin were only used thru online market, like eBay and so on.

Simple answer for this bitcoin will gain more value day by day but the offline currencies or fiat will lose their value day by day.Bitcoin can not be stolen from you so you no need to worry about thieves.No taxes so you can save more money through crypto currency.

Bitcoin and Fiat money are different in so many ways and in many different aspects. One of which is that bitcoin can only be use with the help of the internet without it there's no way you can use bitcoin and other transaction that involves bitcoin. While fiat money is always available anytime and everytime.

Offline currencies are not more profitable that you think because is not more valuable in the market not like bitcoin such as the gold money in internet or in the market wich is you can buy whatever you want using online internet easy kind of transaction that not do in offline currencies so bitcoin is much upgrade money thats what I think.

the most obvious bitcoin is a digital currency that has no official physical form like offline currencies.
Bitcoin is more than just a currency it can also be used as an investment.

This is easy.. of course bitcoin has the most value

For now bitcoin is a very promising form of investment and for now of course there are many investors who continue to enter the world of crypto to date this makes bitcoin very promising for a long-term investment when compared with fiat currency in general other than that bitcoin is a crypto currency that is not from any party that can be strictly controlled either from the government or other institutions bitcoin is a very pure form of investment with the control of individuals without any centralization and of course this can making bitcoin great if we compare it with other fiat currencies. so I think bitcoin is a virtual currency that can not be doubted for a great existence and will become a currency that can be used in the future.

The definite bitcoin difference is. The bitcoin crypto currency that does not have physical prices and bitcoin prices that tend to change can be very high over gold and fiat depending on how much demand. very well invested our money. good for online transactions and big payouts, because bitcoin value is very high compared to other currencies.

I think bitcoin will be a fast transaction in the market because bitcoin  has a different from others bitcoin is have online transaction easy and no hassle unlike other offline currencies in the market that transact many days or months that many people dont like therefor people like now the bitcoin as they money transaction its easy way.

I think each has its own fair share of pros and cons. Nevertheless, let me share with you why Bitcoin is more promising as of moment. Bitcoin is an evolution of how money system should be in this age and time. FIRST, it exists online. Its expertise verily exists online in the sense that any hackers cannot just intrude into your accounts without gratifying himself with too much work. Of course, you should know that fiat system also exists online however its database is not as heavily encrypted as that of Bitcoin. Take for example the name of your bank account vis-a-vis the name of your Bitcoin account. You can see that it is in Bitcoin that you experience a much coded persona than that of fiat system.

You are right bitcoin is now above all and no currency and no investment is better than bitcoin. I can see in future bitcoin will be the only currency that will decide your future. Nothing is equal to it even not gold as well because if we talk about gold then it’s very hard to hold for the long time and all the time you will remain worry about the safety and so bitcoin is better than all so hold for the long time without any fear.

That is true indeed, bitcoin and offline currencies cannot be compared because they far differ from each other like bitcoin is more preferable to use online transaction such as trading and investment while offline currencies of coure in offline transaction. However, as the time passes by every each of them are now able to use whether it is online or offline. Today, there's a lot of alteration could happen so expect the unexpected.

As you said bitcoin investment is the better investment in the world but bitcoin was made to be use it as an currency but we people just use it as an investment so we are holding bitcoins so the demand increase and price also increase but no one knows when the bubble will burst so we have to treat bitcoin as an currency to keep bitcoin alive.
Bitcoin vs offline currency both are different we need internet to use bitcoin and we have to pay transaction fee as well but in offline currency no fee and no internet.

Beside all the qualities described above of bitcoin unfortunately no one treat it seriously as a currency. Bitcoin as a currency seems like it is failing instead people are treating it as a commodity. Everyone even the institutions that are active in the support of bitcoin has not announced to pay their staff in bitcoin.
Bitcoin is very much successful and it has set new records in the world of investment but it is successful as a store of value nowadays only.

Offline currency or fiat is used by the government to fill in the gap of the buyer and seller decision on the weight of price for certain goods and because we are lack of some precious metal like gold we use fiat and other more abundant metal as currency
Bitcoin has a similarities on this thing also but more because of freedom from other banks

While making a comparison in between bitcoin and other regular currencies, we can treat this bitcoin just like a super currency having lot of advantages over the regular currency.

The best thing of having bitcoin is that it is not only a money but is also the best way of investing your money to make some good amount of profit as well. Other than this, it sort is increasing tremendously unlike other currencies.

Bitcoin is the main and first crypto currency to have its own stand and vision. Bitcoin is the father of all coins no matter what they say bitcoin now overpasses gold when it comes to growth of interest. As of now there is no greater project than bitcoin.

Bitcoin is virtually accessible as well won't function if there is no Internet connection. With offline currencies the scenario is different that can be used anytime as it has got the physical appearance and a state of legal centralized firm that keeps the money flow.

Yse bitcoinis versus of the currency. Bitcoin is digital currency so it will use for the online process. It will uae for the onlline transaction process. Bitcoin pricess will be change everyday. It wil increas the prices. Bitcoin is easy to chage the any country currency.
Currency is only use for rhe country. Currency will be differ with other country currency and prices will be differ. So it will good to for the future improvement. Bitcoin is future currency it will not affect other currency.

Bitcoin was there first, and as a result it has the highest trust and biggest value

I don’t really think so that there is any way possible using which we can make a comparison in between bitcoin and other real-world currencies. There is no match of bitcoin with all the paper currencies available. Bitcoin is far more beneficial both in terms of holding as well as investing. Whereas, paper money is only suitable for spending and it has nothing to do with investment just like bitcoin.

why compare bitcoin against offline currencies because obviously cash or offline currencies are the most used by people around the world rather than bitcoin but indeed the trend has been change that digital currencies being so popular now and invest at them is good for long term but do not forgot that volatile always be the main problem for bitcoin and cash already defeat bitcoin from this case because cash is pretty much stable than bitcoin

bitcoin like other currencies but bitcoin is father or king of all so that have high value.

Demand who make one have more market value also demand make direct effect.

And don't forget that cash or offline currencies are backed up and supported by the government so it only means that it is safe to use and recommended by the authorities. All of us as citizens are just following what will be the government is going to dictate and tell what's good and bad. Comparing bitcoin to these currencies is something that really doesn't add to the value of knowledge that we wanted to know more about bitcoin.

Bitcoin is so far the most stable and comparatively better crypto currency comparative to other crypto currencies and there are number of reasons behind the success of Bitcoin over other crypto currencies. Market shifts have some of contribution of the investors and general public, and as of now the most trusted crypto currency which has won the confidence is bitcoin. Not only bitcoin is proving itself worthy enough but also meeting the demands.

Bitcoin stands agains't any other offline currency and has no comparation in between, yes you can compare between other blockchain related coins not even with tokens.

In my opinion comparison of bitcoin with other offline currencies is not at all possible, because the facilities provided by the online system of crypto currencies at this early stage are much more than what offline currencies are offering.

The best thing about bitcoin among all is its 24/7 availability and and its transfer system. Just because of these two features, the banking system has seen really low transactions among the countries because people have adapted to bitcoin.

You are right they are different and there is no comparison of bitcoin with other currencies now bitcoin is rapidly increasing in price and value. So I am sure someday bitcoin will beat all other currency if they are comparing bitcoin with them. I trust bitcoin and I know in future bitcoin will be the world currency. I am waiting for the decision of other crypto industry that what they will decide about bitcoin value and price.

I go for offline currency which is more popular and the stability of its value in a sense of what you see is what you get. Yes the bitcoin is too high value right now and popular in many country, but think about online currency. What if someone hack all bitcoin in just a little click ( too many God like hacker on our time ) , do you think it's more convenient when someone stole all you effort in bitcoin community. Just adding some sort of thinking.

i do understand your doubts on bitcoin of hacking incident but i would say it would really need to take how many years for it to happen which quantum computers would really able to affect bitcoin. Comparing it on offline currencies then i would say fiat would really be still no. 1 no matter what and bitcoin is just really an alternative digital currency not only benefiting on its actual usage but also on the opportunity on making money.

Actually there is no other offline currencies, all the money can be transferred to a digital system. We see a lot of money as just numbers. So all the money started to become virtual due to credit cards and ATMs.

I don't see that bitcoin compete with offline currencies because bitcoin is different from fiat and until now, bitcoin cannot be used for payment. maybe only few country that allows bitcoin to be a payment but the rest is not giving the permission to do this. for now, I think the only fiat that has many market value because we can use fiat in everywhere but of course, we need to exchange that fiat to local currency so we can start to use.

Why there's a need for bitcoin to be compared to other offline currencies? They have their advantages and disadvantages. Here are my shot with the difference of bitcoin vs offline currencies.

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1. Bitcoin is online and can't be used offline but we can store it through offline hardware.
2. There's a need for a bitcoin transaction to get confirmed first before it will arrive to the receivers address.
3. Offline currencies are controlled by the gov't and you know how the gov't rules everything.

of course there are always doubts that will be felt by many people if bitcoin can be used as world currency. In modern times like now always appear criminal that can harm many people, let alone bitcoin can only be used online of course many hackers who try to use it by stealing valuable assets that do not use a bitcoin purse that is completely safe.

if you talk about the store in offline and use that currencies in offline activity i will said that offline currencies is better than bitcoin, because all people that sell something want to receive the payment with offline money and maybe they dont want to receive in bitcoin payment, but if it talks about investment i think bitcoin is the winner because bitcoin have a great value right now, and have a good future

There is no doubt that anything on internet can be hacked, it is just matter of time when hackers will be able to knock the doors of bitcoin holders. The best thing about this currency is that this is decentralized and has no central command, so it makes the people viable to secure the bitcoin from hacker, which means that all the people who have bitcoin, will keep the security of the bitcoin up to date and if there will be any loop hole for the attackers, it will be secure before exploitation.

That's why I keep observing in different online wallet and always looking their security measure. From reference number,email back up, private key, offline database or what ever and many more. But some wallet says that , they are NOT bank and advise to "don't keep" too much money( bitcoin )  for some reason ( maybe when in case of losing money ).

btc is so volatile. needs so many corrections. it could only be a store of value.

Bitcoin is very different from the real currency, the real currency is supported by the government and the world bank so its value very rarely decline unless there are conflicts or other problems within a country. Bitcoin prices are influenced by demand and demand so much that Bitcoin has a high price compared to the previous year.

There is no doubt that bitcoin is number one currency all over the world. All other currencies paper, fiat or cryptocurrency are far behind from bitcoin, there is no comparison between bitcoin and any other currency. One can see the market cap and value of one bitcoin then he will decide by himself which in is more valuable. There is only dollar in offline currencies which is used all over the world and no other currency can be used worldwide.

bitcoin versus offline currencies, what i love in crypto or bitcoin is, there are no inflation, so the stock in the world of that coin is limited, like in bitcoin the stock in this world only 21 million so i think the price of bitcoin is more stable than other currencies in the world. and the second, every people can use bitcoin as the currencies, they just register theis account in online wallet or offline wlalet

you can explain it if you use repaid credit cards
Bitcoin have high value like price say also blockchain must future control

All the offline currencies can only be used as mode of payment and buying of different sort of things and household things. On the other hand, bitcoin is not only a currency but it is also widely used for investing of money and then making out more amount of money from that money. Unlike bitcoin, no regular currencies do need to have an internet connection in order to operate.

then would you mind me asking how you handle losses?  e.g., http://bitcointalk.org/index.php?topic=35678.msg474452#msg474452

It was very pretentious to say that no project that had happened would have passed btc. Many people thought that gold silver and iron would be a form of trading for the rest of their lives, but here comes the paper notes, cheaper, easier to make, and abundant material.

Today btc goes beyond that and offers several things that no currency has, but as an adept the theory that humans are evolutionary beings surely in the distant future we will find others to transfer values.

Bitcoin could beat other offline currencies with the global transactions. I want to trade with a friend in US ? No more paypal, it's Bitcoin.

Comparing bitcoin other offline currencies is absurd. We know the main differences of bitcoin to those currencies. And you are talking about PayPal? It needs internet so it can't be considered as something "offline" and besides it's a payment processor not a currency itself so if you are dealing with that thing you must understand that they are totally different.

Lot more differences are there. Bitcoin as a leading currency in the currency market, has shown its benefits and gains to the investors and to its holders. We can keep adding benefits one by one, no tax, no third party required, no more time to spend, no worries on physical theft, no bank required. Only the wallet has to be set secured. No other offline currency has taken over bitcoin value and its unique features as of now. Now, slowly every one has started circulating bitcoin by accepting globally for almost all the stuffs they do online, it can be either purchasing things with bitcoin.

That's the main use of bitcoin now, it is not used today being a cryptocurrency but it is now used as an investment and that's why everyone is holding it. We don't have to worry about physical theft but if you are not that responsible for keeping your private keys then you can be hacked and you can lose your money easily. It all depends on how you can depend on bitcoin vs other offline currencies.

m. We all know that they are very different in all aspects, but both are very useful for all of us. Both currency bitcoin/ fiat money has it's own market value, we can use them both in our financial needs. Bitcoin is a modern alternative of payment system wherein we can only have transactions thru the use of the internet. Fiat money is what we use everyday without any hassle of using the internet. Therefore both are very important and there is no need to compare because they are both useful.

There is a huge difference in bitcoin and other cryptocurrency because most of the people are investing only in bitcoin and the reason is high margin of profit. There is no comparison between bitcoin and any other currency. Now many people are investing in ETH, LTC, Ripple but bitcoin has its own value in the market. No doubt bitcoins the king of cryptocurrency world and will remain the king forever.

bitcoin you can use it online as alternative real money you can buy anytime there.. in bitcoins you should have too because many other will exchange it fast and instanly in our place.

and you look at how things stand today, because Bitcoin transactions are no longer hours, but days. The same time if you exchange real currency, or make payments, then they are implemented almost instantly.

They have different value so i think it's good to know that because for me we need btc and fiat like in btc we can save our money here with your own bank that you only know and in fiat you can save that only in bank so you need to trust other person in your money so i say that's the good in saving money because we're more secure in saving our own money at all.

The most basic difference which I have observed in between bitcoin and all other offline currencies is that bitcoin can also be used as a very good way of investing as the market value of bitcoin increases with every passing moment. On the other hand, the market value of other currencies hardly increase. Moreover, you do need to have an internet connectivity in order to get thing done related to that of bitcoin.

Bitcoin is a global currency stronger than US dollars. It's going to make our economies more progressive and fiats are subject to inflations which makes it worst for average people.

bitcoin is better for big investment you can save 1 M dollar in your pocket and very safety.

market cap for bitcoin less than cash or gold but  it is rising more than it.

In my opinion bitcoin is far better than any other offline currency because it is not only a usable currency; it is also a very profitable coin business. If I have one bitcoin today and the price rise up to 30000 dollars in the next year I will make about 15000 dollars without any struggle.

Other thing is that crypto is usable all over the world and there is no need to exchange your local currency into the required one for your purchasing in some different country.

Yeah this is the difference in virtual and real currency. Bitcoin is digital and no one can see it but when you invest in bitcoin you will see the profit of your investment.

There is a lot of difference other than real and digital or tangible and intangible and that is the market cap and worldwide use if bitcoin and the high profit ratio. Offline can be used in only local markets while bitcoin is usable all over the world without any need of exchange.

Bitcoin compare to offline currencies was much better than to them because the volatility was very aggressive then Gold and Currencies are. That's why bitcoin surpass the value of Gold due to of this things.

You shouldn't consider today's figures to compare the currencies. Because it's an investment, History and Forecast is the measure. Offline currency values depend on the politics -like stock share values depending on the company's share of the market- If you're around 25-30 y.o. and reading a little bit history, you don't need to be a genius or something to understand that world politics are messed up and 'something' is about to f-*k up the world economy.

Cryptocurrency and decentralised economies are the key to survive.

Yes, Bitcoin is considered as the mother of all cryptocurrency’s and it has become the center of all other alts as the prices of alts change as the price of bitcoin changes so they are related to bitcoin and the value too. Bitcoin has a very high value which no other crypto currency can gain easily it has already reached a new level of value and every investor in bitcoin is earning a good amount of profit.

in this situation i think bitcoin is not more flexible than offline currencies, and i think offline currencies is more flexible than bitcoin, because you can use the offline currencies everytime and every merchant that you see and i think you only use the bitcoin or the cryptocurrencies in online activity

The most basic difference in between bitcoin and all other offline currencies is that none of the offline currency is having this much increase in the market value and that too in this much short span of time the way bitcoin is doing. In addition to this, all the offline currencies do not need to have an internet connection for performing any kind of transaction while bitcoin does. Moreover, bitcoin is also the best way of making more money.

In explaining BTC, I guess it is better to read the whitepaper of Satoshi (because even I can't explain the technical details of it)
Fiat have existed for more than a hundred years yet we all know that the supply and the making of fiat is controlled by the central banks (if they want to make a modification and a change of features in fiat you can) and BTC on the other hand is not controllable and you cant mint another BTC nor change its supply because it has been written in the day it was born, just like gold (digital version).
Unlike fiats who are controlled by some really rich dudes the only thing that can control the BTC is the whales right now (not really control but create a wave of prices), but this will be stagnant in the next few years.
That's only the major comparison of BTC VS Fiat thing.
Centralized = fiat
Decentralized = BTC
Basic yet very important in terms of privacy, safety, and freedom.

Using Bitcoin doesn’t require revealing any identifying information and yet all transactions are public and available in blockchain for anyone to investigate. Cash can also be partially anonymous if you resort to cash only transaction which can work if you do business locally or use often illegal transaction systems

Bitcoin can be mined by anyone with the help of specialized  hardware but we can't mint money or cash unless we are the Government.

Hi,welcome to bitcoin ..

For me , bitcoin is best trading to invest on market value.

Because, for many reason

First you can arrange  money as you wish to spend. It's easy to use.

Second, you control your profit to keep , to sell or to leave.. you can watch your transaction every second as your free time.

Third, you dont need to sign contract or wait time to convert your digital coin to cash..

Fourth , you can get information about bitcoin in anytime& anywhere. You can free join with bitcoin forums, you can manage your transaction by yourself....

 

I think it's really good methode in value markets

Yeah you are right. There is a lot of difference between offline currency and bitcoin. Bitcoin has no physical existence and believing is not so easy and real currency is easily acceptable to everyone. Bitcoin is not only usable currency; it is also a very profitable coin business.

You can make as much money as you invest in bitcoin, while real currency is only currency and you can use it for your daily needs.

The fact that I banya connected in general crypto and real money, because they in my opinion perform very different functions and intended for their use. If we take into account Bitcoin, then despite its popularity among the society, Bitcoin still remains a crypto currency and currency for a certain society of people, and I would not stand up for the general use of Bitcoin, because Bitcoin is not a means of payment, but a means for investment and to store their finances.

Compared to other offline currencies, who has more market value and why do you think so?

It is not only the increase in the market value of bitcoin which is making this bitcoin more valuable and different from the rest of the regular currencies. Other than this, the thing which is helping bitcoin to make this much fame is that you can use this bitcoin not only as a currency but you can also treat it as a way of investing of money as well. In fact, people are primarily using it for that purpose and are making a huge amount of money.

Bitcoin has its advantages and drawbacks, and the alcoins have their advantages and drawbacks. Bitcoin is a reference currency, but there are a number of other coins that lack the disadvantages of bitcoin

I agree all of your statement pinpoint  about bitcoin,that this is created not only for those riches  or oligarch people but for the  commodity of entire nation.bitcoin is belong  for entire humanity and not for the interest of selected people,who's  interest to make them more riches.if we compare the bitcoin to the other offline currencies there must be different in terms of benefits and profits,because in offline currencies your interest is fixed unlike in  bitcoin your profit is unfixable  because your profit is depend on the  value  of bitcoin in exchange market,or maybe if one time investment if your luckiest person  you must get riches in one trading investment in altcoins.

Bitcoin versus other offline currencies, I think bitcoin will definitely win this. Just right now, the bitcoin is still dominating compare to other currencies or even alternative coins/tokens. Also, bitcoin is in demand this past days around the world as the concept or ability to transferring fast, less effort and time consuming. Even if the bitcoin is liable to change rapidly and unpredictably, I see this as a advantage for good cause. I think the value goes down but can go back again to the top because many company/countries is depend now in bitcoin. What do you think?

How can you say that? Because the only thing that I'm seeing that is controlling the market now are the crypto whales, and I doubt that government are behind that because in the first place they don't recognize this technology and some don't still recognize this. I don't know how many files out there under the table of BTC but I think government have very little amount of when it comes to BTC.


Well there are really great projects, the biggest project right now is the force that is driving the BTC the blockchain and I think the biggest are the newly ones because BTC is already here. And I heard that Litecoin surpassed BTC this saturday.

currently bitcoin has a very good investment value but it is possible for a comparison between bitcoin and fiat in general. because for now everyone still needs fiat for the means of transaction.

I think that all bitcoins will lose all crypto currency one by one because bitcoin only has the highest rate and value in all the coins.

Bitcoin has plenty of room for improvement in the blockchain, gold and other currencies. The advantages and disadvantages of bitcoin come from the Internet, which makes it easier to trade, but on the other hand, intangible, digital cryptocurrency! Some other currency, gold means that you can see it with my own eyes, and his hands to keep it, that's why many people still don't like COINS, because they want to is a tangible asset!

Well as time goes on I think.. bitcoin now certainly looks increasingly used by many people and more popular to all the different corners of each country.
As a supply and demand levels are increasing and this was can be appear to be more popular among many people, this could be lead to the more people are more tending to bitcoin / this digital currency than regular currencies (offline currencies) for profit by investing, trading, mining, businesses, and other efforts that more easier to earn money with an internet connection without having to get out from the house and having sweat.

I don't think so, altcoins also have a potential to grow like bitcoin. There are now a lot of altcoins are growing so fast just like bitcoin, maybe because some investors or small investors can't afford bitcoin now, so they are deciding to invest with other coins that also has a good amount and has a good potential.

In my opinion in the future bitcoin will raised up and surpass offline currencies, since many people now are attracted to bitcoin because all transactions using this coin is more easier compared to using offline currency.

However I still believe that offline currencies will not die maybe they become limited due to more people used digital currencies.

In my own understanding, bitcoin differs a lot from other offline currencies. In what way? Well in some features like bitcoin is a digital money that can be used in a quick and easy online transactions unlike other offline currencies. And lastly, this bitcoin has a volatile factor that increases rapidly than the offline currency.

Most altcoins are technically different from Bitcoin, and it is often for this reason that people invest in them. The main advantages of Bitcoin are the network benefit effect and proven security.
Altkoins also have their advantages and some of them lack the drawbacks of bitcoin (a large commission, a long time of execution

in my view bitcoin can consider as valuable asset equal to offline currencies but bitcoin also good for long term investment because if the price rise up for every year then our investment value also will increase automatically but very different with offline currencies because if we save it for long term purposse then the percentages to increase our asset is more low than we save bitcoin

Nowadays, the new coin is bringing in new techniques with more advanced features. But bitcoin technical platforms are open platform and most of the new coin, although there are many improvements, are still built on bitcoin algorithms, because so bitcoin can not be replaced by bitcoin. other coin.

Currently, bitcoin is still considered by the community and is most popular in the crypto world. Bitcoin has such outstanding features that traditional money does not have, so it has grown tremendously over the years. I really admire the satoshi who created the bitcoin coins that the world is using today.

It is already considered as valuable asset and there are people who are comparing it to offline currencies although we shouldn't be. It's different to other currencies, bitcoin has a lot of use unlike those currencies (fiat) that we are using everyday. It's only a medium of exchange to goods and services.

Last two years Bitcoin's growth have set it's flag flying high on top in currency market. As everyone turned towards it surprisingly looking at its price, more became aware of crpto and its benefits. Now it's standing on top on the list amongst fiat's and cryptos on top embracing the high value in the currency market.

No banking system, it's handled online, less chance of theft,  price is so high,  no third party required, transactions are so fast,  peer to peer transaction and so on..

If bitcoin has got the offline usage as our traditional currency now it might have reached at least half the entire population worldwide. As it is used only through internet mostly people who were into it are the technology aspirants who believe that growth in technology is the one which is gonna drive the future.

We aren't just talking about altcoins here, it's also about those offline currencies like our real money. The security of bitcoin or the tech behind it is blockchain technology and that is giving a lot of people a good sign that it can be used for storing value.

I would never doubt that to happen if bitcoin does have that tech but let's see if in the future there will be integration that would lead to that thing.

I do not think that Bitcoin is ready for use in the real world for real purchases. You Imagine how much you will be paid coffee in a cafe, if you pay for it in Bitcoin. The prices for the transaction are very huge and at the same time their duration is also high. I think that Bitcoin is not ready for this today.

Altcoin and bitcoin both are digital currencies and both are very much beneficial for the ones who are planning either long term investment of money or short term investment of money. However, if we make a comparison of bitcoin with all other regular currencies, then we’ll find out that bitcoin is far better than all other regular currencies in all other things except that legalization thing.

Currency is a decentralized encrypted virtual currency, he sped up the digital currency circulation, it is very easy to make some deals if you have enough spare legal tender, can try to invest some COINS! The profits of bitcoin are now unprecedented!

Bitcoin is no doubt far better than that of all the regular currencies which are there in this world. There is no currency which is having this much of market value as is of bitcoin or investing in that currency can help you in having some good money as in case of bitcoin. In addition to this, bitcoin is one of the digital currencies and it really needs to have an internet connection for performing any kind of operation unlike regular currencies.

There can be no other coin in this world which can replace bitcoin in any way. Bitcoin is the best coin and there is simply no match of bitcoin in any way. As far as bitcoin and other regular currencies is concerned, bitcoin is far better than regular currencies in number of ways.

The only place where bitcoin is facing some problems is the legalization issue of bitcoin. Once that will be resolved, then there will be nothing to be worried about.

I think that many users do not want to legalize Bitcoin, and first of all because the government and the states will oblige them to pay taxes from each transaction. We understand that taxes can take almost half of the earnings that we have.

For me I think most people who don't know about bitcoins are against it or they might have some little knowledge of it but are still on the denial stage of embarrassing it. So far from my experiences with earning bitcoins from scratch I mean literally no capital or investment started from faucets then started trading these coins to the trading market then airdrops and bounties. There is real money in bitcoins compared to the offline money where you can't really earn from scratch at the comforts of you house.

Well, excluding the internet connection and electric bills you are paying monthly basis.

The thing which is healing bitcoin to have some priority over all other regular currencies is the involvement of internet in regulating not only bitcoin but any other crypto coin.

In the modern and technical world, internet is really an important thing and it is really a good idea and this is why bitcoin is gaining this much of fame. Moreover, the increase in the market value of bitcoin in quite noticeable thing.

I agree, In this time of a new era, bitcoin is one of the fame of improving technology, which we can consider an asset  because of its potential to give us financial freedom and possible to make us rich if we have a courage to pursue doing bitcoin activities here in bitcoin forum.

Are other offline currencies the legal tender of some countries? Fiat money is still dominated by world trade transactions, and bitcoin is only changing transactions in some ways, and bitcoin is increasingly recognized by society. Fiat money has the risk of inflation, and can invest in bitcoin to reduce this loss!

From a user's point of view, bitcoins are much like Internet cash. Bitcoin can also be seen as the most outstanding three-way bookkeeping system. Can be global circulation, total fixed, did not issue the main body. Electronic money should only be a form of payment innovation, and must rely on fiat money to be able to appear in payment mode. It's not that anyone can make money.

Definitely bitcoin is the new currency.  It is already use by money country.
And a lot of them already legalize bitcoin ,  to be part of their economy.
But we cant deny that bitcoin are only useful for the online transaction.
And we cannot use it for the offline. Unless we exchange, it to our local money.
And that's the only time that bitcoin is can be use in offline transaction.

Unlike traditional cash, the supply of bitcoins is not controlled by any central government. Instead, an algorithm developed by the founders of bitcoin (or later, more founders) determines how many bitcoins are produced each year and adds them to the world economy. Unlike fiat money, the supply of fiat money is determined by the central bank's decision to print. Bitcoin is a currency based on algorithmic supply rules.

It is very obvious that the bitcoin is more higher in value than other offline currencies. Bitcoin is now the leading crypto currency world. And if you compare bitcoin rate,  other offline currencies cannot beat bitcoin.

In fact, online transactions are becoming a trend of the future, when the next 30 years, most people will pay online, then I think the offline currency will disappear, instead. are digital coins. Bitcoin in particular and cryptocurrencies, in general, will take the throne, replacing completely offline currency to become a global currency.

I think it is not good to compared those two because they have strength on their own field. In bitcoin or online currency it is better to use it in online transaction like trading and investment since it is volatile. While offline currency or fiat is more appropriate to use on our daily transaction because of its conviniency.

Bitcoin is just like the offline currency or Fiat but the only difference is that it is digital currency or online. You can use Bitcoin to buy things or goods especially to those who are accepting it,  just like in Fiat it can be use as means of exchange. And this Bitcoin in the future will be use as a digital currency.

Use of internet in regulating of bitcoin is really the best thing and is actually the unique concept which is helping the bitcoin to gain the attention of more number of people in less time. Other regular currencies can only be used as money and they cannot help you in making more money until and unless you invest that money in some business. On the other hand. Bitcoin is actually an investment and can help you in getting rich.

-Bitcoin is decentralised while offline currencies have regulations on how to use them thanks to the centralized system.
-Bitcoin is convenient digital currency that you do not always need the store to be actually open as everything can be done online or instore unlike offline currencies which are limited by working hours.
Ofcourse its bitcoin does not need any proof the whole world knows this..

This is very accurate. As the world moves vigorously in the online environment and understands this need, bitcoin has come out and responds precisely to what people are demanding so it's as valuable as it is today. Other currencies at this time are not profitable but merely a means of exchanging commodities, as a means of payment, it is also a very good investment for profit the leap is very attractive.

Bitcoin can only be used if you have a virtual connection, however that connection is universal. Bitcoin is also portable, swift, and protects your privacy like cash would. That is where the power lies.

    For me bitcoin is just a digital currency that can use to invest online and it is use with internet. It it decentralized but it has a great value. Offline currencies are those fiat money used by different country for everyday living to buy food,goods and to pay in everything. It is toucheable and tangible.

Alright if I'm adjusting it to the circumstances in the country where I live, I might just say that bitcoin is not as legal as the offline currency, which's not yet really recognized by the government and can only be transacted online. Bitcoin is more directed to the alternative currency that's only in a cyberspace that we can take utilized from all its advantages. Which's people will be more interested in this digital currency that's proven have a good price developments in the market due of the many enthusiasts from various countries to get closer in bitcoin and do a various the efforts mainly for investing.

You are right Bitcoin is the best currency when compared to other currency out there, already some countries government declared legalization for acceptance in their countries but some countries are the dilemma and not saying completely we are banning. People are spreading the news in a different way and thus makes more negative noise about Bitcoin.

I don’t really get what you guys mean by offline currencies, cause I don’t know any currencies that is completely offline, except you guys mean stocks like gold, silver and the others like them, and not real currencies. Dollar is not only being used offline as cash, you can also use them digitally or should I say with electronics (electronically) with the help of services like PayPal and those alike.

Banks even have their own mobile apps that can be used to send and receive money, and serves for payment purposes in stores.

In fact bitcoin has more market value and the reason is that it is not only a worldwide currency but it is also a very profitable business. No offline currency has such a great market value and you cannot use it for your purchasing in other country directly. You will have to change it and then you will pay. While bitcoin is digital currency and when you shop in some other country you can pay directly from your bitcoin wallet.

I think there is no comparison between bitcoin and offline currency because bitcoin has greater value and it has a high price in the market. You can earn a lot of money with your investment in bitcoin while offline currency will not give you such a high volume of profit. Bitcoin is acceptable all over the world and you can use your bitcoin wallet anytime anywhere in the world. Offline currency doesn’t have such features.

All the regular currencies which are there in this world which don’t require an internet connection in order to perform any kind of operations can be termed as offline currencies. There are pros and cons of each and every currency, same is the case when it comes to that of bitcoin and other regular currencies. Regular currencies are the best choice for spending point of view and bitcoin is the best choice for investing of money.

Exactly! In the present age of technology, bitcoin is the most favorable currency by most of the individuals who actually know about bitcoin. It is because of the fact that bitcoin is not only a currency but is a very good way of making more money as well. The market value of bitcoin increases with very passing moment thus making it easier for the investors of bitcoin to get rich unlike other regular currencies.

There are number of things which are far better in bitcoin compared to that of other regular currency. The first and the most common thing is that none of the regular currency is having this much of worth as we can see in case of bitcoin. Moreover, none of the regular currency can help you in making this much of money by simply holding that currency as you can get while holding your bitcoins.

What do you want to say by saying 'Regular currencies'. I think you are talking about fiat currencies, frankly still fiat currencies are common in daily life. Generally, credit cards and debit cards are a bit of convenience, but there is no reason why Bitcoin should not be used one day.

Bitcoin versus offline currencies or i think you mean our real money or our real currency in our country is much better why because bitcoin price is high and we can invest our money here in bitcoin and after waiting for bitcoin to increase its price even higher we can sell our bitcoin and thus we earn a lot of money we get that much profit in bitcoin but in our real currency its hard to say if we invest it in stocks or something its a total bet.  But in bitcoin we are sure that it will increase in price so there is no loses.

If we are comparing bitcoin or even all the crypto currencies with other regular currencies at the time in term of worth and market value, then there is no point in this thing that the worth of bitcoin is far more than that of other regular currencies. In addition to this, internet is also a compulsory component when it comes to that of bitcoin as bitcoin needs to have an internet connection for its operation.

Right now, offline currencies are little more beneficial than that of bitcoin in terms of buying or selling of different sort of things as bitcoin is not being accepted at most of the places however, in term of market value and increase in the worth, bitcoin is at the top of the list and no other currency is having this much increase in its worth as is of bitcoin. Bitcoin is the best option for investing point of view too.

Since we are talking bitcoin comparison to other currencies(I assumed you were talking about currencies like USD, YEN etc.). This can simply be determined if you were trying to spend using an offline currency and bitcoin. Offline currency still needs to be converted to other offline currencies when you are in the other part of the world. Unlike bitcoin in which you don't have to worry withdrawing nor converting it

BTC is decentralised, which is the main difference. The other common offline currencies are often managed by governments.

hello friend.
Bitcoin is an easy payment tool and can be used throughout the world and across continents.
Bitcoin is not known in the banking system and is not related to the government.

Bitcoin and offline currency, i think bitcoin when we use bitcoin or invest it makes our money easier than offline currency, because offline currency is used for real things like real money. Real money is used everywhere in the world but bitcoin is used only in different currencies to replace it.

Bitcoin's demand is huge and increasing in a fast pace.

I think what will remain number one is an offline currency like Fiat, but I am sure that in the future cryptocurrency prices and regulations such as bitcoin will be very expensive because as technology grows, many will use digital currencies.

Bitcoin is expected to be a safe haven when it comes to political tensions and has a negative impact on the global economy. If an increase occurs, the overall economy of the world will be damaged. And Bitcoin will be valuable when stored safely.

The first disadvantage of offline currencies is that their transfer is not instant and also the fee involved in them is much more as compare to online currencies like bitcoins.

It's a long story.

1)So, fiat currencies are backed by gold reserve.
2)Fiat currencies are centralized meaning every transaction needs to be approved by the Central Bank
3)and the amount of $ is under the Central Bank control, depending on if there is inflation or not.

Cryptocurrencies as bitcoin:
1)have nothing behind them as gold
2)decentralized (but there're some centralized currencies). Transactions are done by miners so to say.
3)no one can control the amount of btc or issue more than was prescribed by the system.

I did't cover all the differences, but you can make your own research via Cointelegraph or Coindesk; watch the price change over some period at coin360 or something.
Good luck!

The decentralization features of bitcoin has put it ahead of other currencies. Humans want to be in control of there money which will enable them spend it when the need be, without hiccups.

I agree with everything you said, however, if we are to look at them, cash will still win for now only because it is used by a lot more people. Sure, there are people who are also using gold and bitcoins, but it is only a small fraction compared to those who use cash. So while bitcoin is superior than cash (and gold), people may support it more because it is tangible and has been around for centuries.

I think for now the offline currency or fiat currency uses it more as a legitimate and frequently used transaction but I am sure that someday this bitcoin will often be used for transactions because all technology has begun to use digital technology so I am sure bitcoin will be used.

I think time has come where we say good bye to offline currencies and start using and promoting digital currencies all over the world. We have to move with the current technologies.

What do you mean by offline currencies? If you’re referring to real or conventional currencies, then you’re wrong. Currencies like dollar operates both offline and online, cause we have online banking and we also have cash, so saying that conventional currencies are offline only is wrong. It is even better than BTC because BTC can only be used online and not offline.

OFFLINE currency like fiat?
how many FIAT you need to have for just a single bitcoin?
how FIAT going to be now? and who controls it?
how bitcoin digest the market and make the improvement? and who controls it.
what will you choose?
BITCOIN for the people or FIAT from the government?

Offline currencies have no future and bitcoin is the future currency. If you invest in other offline currencies you will have to sell them finally because in the near future you will understand that bitcoin is going to take over the market and all other currencies will disappear from the market. It is better to invest in bitcoin today instead of waiting for the future.

Frankly speaking my choice is bitcoin because it has great potential and I can make big profits in the future. For me other currencies are just a waste of time. People are going towards digital currency and leaving offline currencies. For me there is no comparison between bitcoin and any other offline currency. I want to see and enjoy a cashless world in the near future.

When it comes to security features, bitcoin is more secure compare to offline currencies or fiat. Btc has 2 long password that is very difficult to memorize compare to atm password.

maybe this digital currency and offline currency will still be usable and no one will be hostile, all will support and try to create a better and more comfortable world economy, digital currency will be used for people who already understand how to use the eyes digital money alone while for offline currency will also be used for people who want to use offline currency. but the highest risk is in bitcoin, because bitcoin has a very limited total supply so I am sure the price of bitcoin will never be stable and make prices always have a move up and down.

Yeah maybe what he meant was fiat currency, you're right that fiat can be used offline and online, of course it makes fiat better than
bitcoin, because bitcoin can only be used online and even still limited to spending it because there are just few merchants who accept it

There is no big difference between the bitcoin and other currencies and it will not affects anything because each one had different investment preference so choosing a coin is also different.

If you are looking for income you can able to get much higher profit in digital currency than offline currency which is fiat but digital currency is much risky to invest than offline currency there are always good and bad side of both currency. And still we need these both in our entire living in this world.

To me, every one of them has its own purpose. Bitcoin doesn’t serve for everything, it can only be used online and that’s for sending and receiving money and for making payments on websites where it is accepted. Some people also use it just for investment, while some claim they use it as their main currency daily, I don’t know how that’s possible. I like both currencies, although my main purpose that brought me into cryptocurrency is to make more money, y’know, more dollars.

maybe what will be widely used in the market is offline currency because I see digital currencies like bitcoin have a very limited total supply and have a very high influence in terms of demand so that prices will always move up and down which will make payments or transactions become uncomfortable because of very fast currency price movements so that the risk of this bitcoin digital currency will have a very high risk and surely many will choose to use offline currency.

Each currencies has its own purpose like the case of fiat currencies and cryptocurrencies and each of them has its own advantages and disadvantages too. Both these cryptos can be used together depending on which purpose it best serves.

Who told you that it is easy to crack ATM passwords? No one can ever know your ATM password, no matter how much of a guess work they try to do, it will always be difficult for them and will all be in vain.

Take for example I’m using 2841 as my ATM Pin, and someone steals it, do you think that such number will ever come to their mind? Well, I do know that people can steal from you using Debit/Credit Cards but that’s if they know the three digit number at the back.

In my opinion there is no comparison between bitcoin and offline currencies. You can shop online for bitcoin but you will have to transfer other currency through money exchanger and also convert your local money into dollars or in what is needed. Bitcoin is not only a usable currency but also a very profitable business and mostly people invest only for earnings.

Anyway, bitcoin is a digital currency and offline currency is fiat and both of them are very much different and basically bitcoin is still in the growth stage, but even though cryptocurrency is still less prestige than fiat money at least cryptocurrency has many other benefits that fiat money doesn't have. So, digital money will be very good in the future with many other uses and benefits, of course cryptocurrency will be a choice for investors and about financial freedom.

Fiat money deflate in value every time there is a hike in price of the basic necessities of people and it goes like that more and more in the future.
so people looses their faith in real money and because of that people are learning about money through Bitcoin cause Bitcoin was made as the opposite of cash.

Depending on what is "offline" currency. If you mean fiat, then bitcoin is much riskier but also more promising than the rest.

I don't know why are people so much obsessed with comparisons of Bitcoin and fiat money. We need both, both have advantages and disadvantages and both could be used on our benefit. Cryptocurrencies are not trying to fight Bitcoin although many think so. Fiat money will continue to run economies all around the world and cryptocurrencies are trying to find their place in that system.

You are right but some people, like me, want to use only cryptocurrency in future.

For comparing bitcoin to other offline currencies in my opinion bitcoin is much better than other offline currencies & bitcoin is costly enhanced and getting more adorable things with it that took a long runner up as you mention offline currencies like cash and gold which accumulate a lot of things that creates main difference and you physically met someone to get it & much more difficult to get profits out of it.

Yes, there is much rampant cases of fraud with digital currency because of the predominant absence of face to face transactions. Businesses and exchanges of digital currencies are mostly executed with either of the party (parties) having a personal contact. There is something about seeing and looking into someone's face and countenance while doing business with them. It tells a lot about someone's intention to some extent. Digital currency business lacks this.

Both have good market value and both are very important to have for many purposes. So, I feel that cryptocurrency and fiat money both have their own advantages whether it's for savings, transactions, etc. because the main purpose of it all is a benefit and of course makes the economy continue to move until it becomes better and continues to grow.

Bitcoin is the first cryptocurrency, it’s capitalization makes a half of all cryptocurrency wold, and that price is going higher and higher every year.

the thread is a bit old and your a newbie when you ask this but now you are still a newbie  ?  i hope you already learned a lot if what is bitcoin and if what its difference versus other offline currencies  but id still like to give my own answer here  .  obviously , bitcoin has a more market value as when compare to offline currencies but that is if we compare them today  , but before when the first day bitcoin came out , its value is only cents or less than that so we can say that fiat has a more value  .    bitcoin is offline which makes him a unique currency , it has advantage and disadvantage so its up to you if you will accept it or continue using offline currencies  .

Offline, but it’s not clear Bitcoin is centralized or decentralized, bitcoin was created by a tannic person and a completely different team is engaged in it.

Simple, Bitcoin has a proven usage case as a store of value. It’s instructive that most coins try to carve out some differentiation based on much smaller use cases, such as prediction markets, buying things completely anonymously or adding a decentralized name server. It has a large lead as a store of value over every altcoin in having existed 8 years without failure. The security of Bitcoin has been proven far more than its much younger counterparts with usage by almost every metric exceeding that of altcoins. Also, it is more accessible, with more exchanges, more merchants, more software and more hardware that support it. Plus, it is far more liquid, with much larger volumes than every altcoin.

When you compete with Bitcoin, not only are you competing with its much larger user base, development team and mining operation, but you’re also competing against the very large ecosystem of startups, open source projects and entrepreneurs.

Actually we cannot compare these two for the reason of they have their own strenght and weaknesses. For example, in offline currency you can able to use this one whenever place you are I mean there are few countries who does not accept Bitcoin in their place because of having a bad image. Unlike offline currency is available across the world. For bitcoin, it is better for online transaction like trading and investment due to its unique characteristics. Besides it is decentralize so government couldn't manipulate the Bitcoin.

Bitcoin is similar and as well as different from offline currencies in many ways. Firstly, You can utilize Bitcoin to purchase things electronically. So in this specific way, the Bitcoin resembles traditional cash like euro, dollar, and so on which can likewise be utilized to buy things electronically.
The most significant normal for Bitcoin and what explicitly separates it from ordinary cash is that it is decentralized.
Bitcoin additionally doesn't charge for worldwide exchanges. You can send your cash anyplace and see it land in minutes when the bitcoin system wraps up the payment. On the off chance that you have sent the bitcoins, however, you won't be ever ready to get them back except if the beneficiary gives them back to you.
Also, bitcoin has more market value because of it intrinsic value

Everything around the globe is getting digitized, and upon the same in the future the fiat systems into usage might evolve into the form of cryptocurrencies. This is not gonna have dominance over the fiat system, however we go advanced there will be remote locations that aren't connected. This way the usage of physical currencies will continue even if cryptocurrency gets legal support around the world.

Offline currencies? You mean real money or fiat? Or maybe gold, anyways, of course, we have a lot of expectations through bitcoin, like a great value, fast transaction online, and multiple option we can choose from can be the best thing bitcoin will have. We can use bitcoin easily online and bitcoin can have a huge value than our currencies we can have right now.

you can stock some fiat or gold under your pillow or you can put billions worth bitcoin in a trezor wallet and put that under your pillow. Think it this way and you decide :D

The difference is really too far, because we know that bitcoin is not yet likable to the users preferences. but on that point fiat will still exist even though everybody prefers to use crypto. why? there are still people want it as a historical way of purchasing in local areas and if there are still people choosing fiat method on purchasing offline we cannot undo  the fact that fiat will remain and we still use if daily everywhere we go. maybe even for a long time it has its value.

Both are very important to have and but fiat currencies in real life are more multi-functional, and fiat currencies are currencies without intrinsic value determined as legal money and payment instruments according to government regulations.
and bitcoin or cryptocurrency can only be used as an alternative payment or any transaction such as fiat currency, but it all depends on the country where they live, and bitcoin is more suitable for investment and in the future it is possible that all countries can legalize bitcoin and become multi-functional like fiat currency and the two will continue to run together.

Obviously bitcoin has more market value than others. Bitcoin is the originator so it has a longer track record than other cryptocurrency. But when compared with other currencies it is rather difficult because the other problems are not limited to supply. So it's not ethical to compare it. Bitcoin can only be compared with other cryptocurrency.