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Author Topic: Difference between money(BTC) and currency(USD)  (Read 915 times)
santino11
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February 13, 2018, 05:45:38 PM
 #21

Bitcoin is very volatile while FAIT is at on their foot.
FIAT is controlled by the government which we don't want anymore.
we are up to it and we don't want it anymore that's why we are onto this and we are making up the mind of every people.
so, please!
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buytheeffinD
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February 13, 2018, 07:10:19 PM
 #22

Another rabbit hole I need go down ? Not gonna lie I enjoyed my first experience very much with Bitcoin, uncovering where wealth, freedom, and time have come from will also be a good step. We should all know where money comes from, yet I bet 90% of us couldn't answer simply money questions like "where does money come from"? or "who makes the money"?

Carmen03
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February 25, 2018, 11:38:28 AM
 #23

Money is simply the commonly accepted unit of exchange. bitcoin is not fair to call its money.however ,Bitcoin currently is a currency. Should it gain popularity among the general population or within a sub-population it could consider a form of money.Bitcoin can be bought over the internet as well as it can be used to purchase items from different online business .
amzadabir
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February 25, 2018, 12:04:54 PM
 #24

'Money' and 'Coin' should not be exclusively used. The currency is the meaning of a particular state. In the United States, it is circulation federal dollar notes.
Money is used every day for our daily payment, and it includes the currency and, balance of our bank account, provides us with the source of check, wire transfer, debit card and credit card payment.
Then, there is another form of 'currency' available in the books of banks, and it is equivalent to the federal note, but 'non-statutory'. Balance of this account which can hold a bank in its District Federal Reserve Bank, named 'Bank Reserve'.
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February 25, 2018, 12:09:46 PM
 #25

Bitcoin fluctuation of its value move faster that dollar and actually bitcoin money is actually much more better in using rather than dollars because of one thing it is something that the government cannot imposed tax upon which means lesser worry from their corruption.

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February 25, 2018, 12:47:03 PM
Last edit: February 25, 2018, 10:58:50 PM by changcloy
 #26

Bitcoin is a digital currency and US dollar is also currency that can be touch,feel it in short it has an actual/physical appearance which is exactly opposite to bitcoin which we need to convert it first to our own paper money so we can used it..For me bitcoin is more profitable rather than USD ,bitcoin value maybe get low that easy but it will rise again while USD may grow but it will take you for how many years.
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