Difference between Bitcoin and real money?

[South Park]

Bitcoin has something the Fiat currency does not have and it is frequent volatility. Its one of the reason why you need to invest or not in Bitcoin, depending on your perspective. In volatility traders will automatically love it because they know when to buy and sell. But if it is not your type of risk them definitely Bitcoin investing is not for you.

Volatility exist on fiat too, but since there are so many fiats around the world sometimes we may not notice, countries that are in bad shape are the ones that suffer from the greatest volatility, and that affect their citizen on a profound way.

[1714197345]

1714197345

[1714197345]

1714197345

[1714197345]

1714197345

[MONKEYJUNK]

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

[FlightyPouch]

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

I don't really know what you are trying to say but I am thinking of the volatility of bitcoin from what you are saying so maybe that's it. Bitcoin's price is really unpredictable and some users like that. What I like most in bitcoin is its price is higher than the fiats so we can earn money by earning bitcoin.

[gracia0023]

The difference between bitcoin and real money?
- Real money does not increase it value if just hold it on you wallet literally, while bitcoin increases its value from time to time.

[Blackdeath]

I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?

So that you can spend the bitcoins when you want to buy things that can be purchased with bitcoins?

Or, if you believe in the long term potential of Bitcoin, then so that you can increase your purchase power as the bitcoins are valued more?

Or, so that you can secure your money with a password and create a backup of your money?

Or, so that you can protect your money from the erosion of inflation caused by the excessive printing of more currency?

If I want to buy stocks or invest money I can easily invest with real $.

Bitcoin is real money.

Why would I convert my $ to bitcoins?

You already asked that.  I already answered it.

If I want to gamble , I can simply gamble on websites that require $ as currency,

If you want to gamble, you can simply gamble on websites that require bitcoins as a currency.  Why would you convert your bitcoins to $?

why would I convert it to bitcoins?

You've now asked that question 3 times.  I've answered it once.  Once is enough.

What's the difference between Bitcoins and dolars?

Here are just a few differences:

• Bitcoins are an electronic form of money.  Dollars are a physical form of money made of linen.
• Bitcoins are limited in quantity.  The Federal Reserve can create as many dollars as they want.
• You can create a backup of your access to bitcoins.  You can't create a backup of your dollars.
• You can secure your access to your bitcoins with a password and cryptography.  You can't encrypt your dollars.
• It is much easier to store a large amount of bitcoins.  It can be difficult to securely store a large amount of dollars.
• You can send bitcoins over the internet.  It is difficult and/or expensive to send dollars over significant distances.

What does bitcoin bring to the table that real $ don't, less taxes, more income?

Bitcoin IS real money.  You've now asked the same question 4 times.  I think you might have a problem with repetition.

There are many differences between bitcoin and real money. There are some advantage and disadvantages of it. The advantage of bitcoin is that it is very easy to store and earn it. You can use it as a money too. You can buy things that you want and you can use it for some investments but the disadvantage of it that some places/stores/establishments don't accept bitcoin yet. You cannot use it in other store. In the real money, the advantage of it is that it is the main money that we use. The difference is any establishment will accept it because it is real. But the disadvantage of it is sometimes it is main reason of people that became bad because of richness.

[numismatist]

Bitcoin is a store of value because it can operate without government.
Money don't.

Best explained using a triangle, placing Money and Bitcoin and Gold into the edges.

The connection between Bitcoin and Gold looks obvious. Both of them can exist independently.
Both are connected to Money as in beeing interchangeable.

Money itself looks a tad dependant upon someone backing it up with value or violence.

[BitHodler]

The difference between bitcoin and real money?
- Real money does not increase it value if just hold it on you wallet literally, while bitcoin increases its value from time to time.

Fiat was never meant to increase or hold its value. That's the reason people leave their money in their savings account to gain a certain percentage in intererest annually.

Nowadays it's not worth it anymore and thus people are looking for investment opportunities as they rather take a bit more risk than having their money in their savings accounts do nothing.

[--DarkSecrets--]

There are many difference of bitcoins over fiat money that if you think on its feature you will convert yoir dollars into bitcoins.
Bitcoins is anonymous you can make transactions without tracing or knowing the sender or receivers identity ,No tax ,No hassle and more faster than any remitance.
If we go in gambling ,there are many online gambling sites that accept bitcoins and you will find it more cheaper because you can bet with a little amount than a real casino it requires big amounts to bet .
So all in all Digital currency (Bitcoin) have many advantages over fiat money.

[anami57]

There are many difference of bitcoins over fiat money that if you think on its feature you will convert yoir dollars into bitcoins.
Bitcoins is anonymous you can make transactions without tracing or knowing the sender or receivers identity ,No tax ,No hassle and more faster than any remitance.
If we go in gambling ,there are many online gambling sites that accept bitcoins and you will find it more cheaper because you can bet with a little amount than a real casino it requires big amounts to bet .
So all in all Digital currency (Bitcoin) have many advantages over fiat money.

Difference Btc and Real money is Real money is controlled by Government. and BTC no one controlled

[ko0ll0ove]

I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?

If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?

Actually, there are many topic that discuss about this compare. But if you want to know more specific, there would be some notes, writes that talk about this and I think they are really help.
All of your questions can be answered by simple reason that is you can avoid from being tracked by another people, include government. Yeah, I'm talking about the anonnymous factor of cryptocurrency.

[deisik]

The difference between bitcoin and real money?
- Real money does not increase it value if just hold it on you wallet literally, while bitcoin increases its value from time to time.

That's not always the case

There are quite a few deflationary currencies out there (e.g. the Swiss franc) which increase their value on their own. That's the reason why Switzerland banks had to implement negative interest rates (i.e. you pay the banks for storing your money). Essentially, it depends both on the Central bank monetary policy (inflationary or deflationary) and overall economic situation in a certain country. On the other hand, Bitcoin rising could just as easily turn into Bitcoin falling, in a matter of hours if not minutes

[TopherB]

Difference between Bitcoin and real money?

The phrase 'real money' always makes me chuckle.
The label 'Bitcoin' rarely does.

[Vikingr]

Bitcoin has something the Fiat currency does not have and it is frequent volatility. Its one of the reason why you need to invest or not in Bitcoin, depending on your perspective. In volatility traders will automatically love it because they know when to buy and sell. But if it is not your type of risk them definitely Bitcoin investing is not for you.

Volatility exist on fiat too, but since there are so many fiats around the world sometimes we may not notice, countries that are in bad shape are the ones that suffer from the greatest volatility, and that affect their citizen ion a profound way.

we do not notice the volatility in the fiat because fiat is regulated on a normal and saturated form so the demand or supply do not over ride. While as bitcoin is still not available with everyone so sometimes the demand is increased and value is also increased and sometimes supply is increased and value is decreased.

[Supebox]

The differences are:
Bitcoin is fast with transfers
Bitcoin can't be taken away if you have depths
Bitcoin isn't accepted everywhere

[gandame]

Bitcoin is digital value type of money which you can only view it on the web network, while real money can be hold through your hand and be withdrawn from an atm machine or bank account transaction. You can only hold bitcoin amount using an online wallet but you could not hold it in real form without banking exchange.

[SirPol85]

Bitcoin is digital value type of money which you can only view it on the web network, while real money can be hold through your hand and be withdrawn from an atm machine or bank account transaction. You can only hold bitcoin amount using an online wallet but you could not hold it in real form without banking exchange.

The difference of course is clear and very sensitive. If you remove at least one factor required for normal use bitcoin, such as the Internet and everything, all the advantages cryptocurrency, or in other words a digital currency runs.

[Botnake]

Bitcoin is digital value type of money which you can only view it on the web network, while real money can be hold through your hand and be withdrawn from an atm machine or bank account transaction. You can only hold bitcoin amount using an online wallet but you could not hold it in real form without banking exchange.

The difference of course is clear and very sensitive. If you remove at least one factor required for normal use bitcoin, such as the Internet and everything, all the advantages cryptocurrency, or in other words a digital currency runs.

But we are not going to the old days, the world is moving and so technology is improving, bitcoin is timely for us since it will help us to make a faster transaction and a less costly. Real money is what makes the government controls us but if we are all using bitcoin, we will have freedom but this freedom will likely to cause a chaos.

I do not doubt the success of bitcoin that's why I am also investing on for long term, but I doubt also if it would replace the system of the world which is centralized, so I guess it's best to have both real money and bitcoin.

[South Park]

Bitcoin is a store of value because it can operate without government.
Money don't.

You are thinking in fiat not in money, money used to be independent of governments, anyone with gold and silver could create their own coins out of those materials, but then the governments decided they were not trustable and created for themselves the monopoly of coinage, with the terrible consequences that has carried out.

[Theb]

Bitcoin is a store of value because it can operate without government.
Money don't.

You are thinking in fiat not in money, money used to be independent of governments, anyone with gold and silver could create their own coins out of those materials, but then the governments decided they were not trustable and created for themselves the monopoly of coinage, with the terrible consequences that has carried out.

Actually the government is just trying to protect their country's economy, what do you think will happen if a foreigner enters the country with a lot of gold and silver and decided to buy everything in that country? Of course it would be disastrous it will be a country owned by a foreigner who can control everything in it. Also a currency of a country os a reflection on how they are doing economically it is their indicator of success.

[South Park]

Bitcoin is a store of value because it can operate without government.
Money don't.

You are thinking in fiat not in money, money used to be independent of governments, anyone with gold and silver could create their own coins out of those materials, but then the governments decided they were not trustable and created for themselves the monopoly of coinage, with the terrible consequences that has carried out.

Actually the government is just trying to protect their country's economy, what do you think will happen if a foreigner enters the country with a lot of gold and silver and decided to buy everything in that country? Of course it would be disastrous it will be a country owned by a foreigner who can control everything in it. Also a currency of a country os a reflection on how they are doing economically it is their indicator of success.

There were laws against that, at least in my country, a foreigner could no own property or any business, they could invest but they could not become the investor with the most shares in a company and foreigners as a whole could not own more than 49% of a company but those laws have been derogated.