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Author Topic: Difference between Bitcoin and real money?  (Read 114802 times)
roadbits
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April 25, 2017, 02:07:27 PM
 #1301

i think that the difference not only at the digital funds and physic money, cause real money will never ever and ever change the number of amounts, You know the dollar value also change if you convert it into other country currencies am i right? Like that BTC value also change that's it.
yes all country currency value will change if we convert it into other country value. But those currencies value will never change like bitcoin price. Only small variation in real currencies. The Bitcoin will have a huge margin of variation in their price that is why people like this bitcoin. And it is tax free money easy to use anywhere in the country.
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April 25, 2017, 02:38:06 PM
 #1302

The first difference between the two is Real money hardly gains value as compared to bitcoin which has growing potential everyday. bitcoin price movement has potentially very good value. while real money only has limited movement. unless there is the clutter in this world then everything can happen.
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April 25, 2017, 02:43:18 PM
 #1303

Both are currencies. Bitcoin is a digital currency and other local currencies we are using is normal currency with which we can purchase or do anything we need. As bitcoins is a digital currency, we can only shop or do anything only online. We can shop around and do more things online. But with other local currencies, we can do more / lot where we live.
Indeed if we compare the two we can conclude the both are currency which we uses on transaction. But the two have a differences in a matter that fiat or what we called real money is tangible that we can hold. Unlike bitcoin which is know as a crypto-currency which can be used through the powers of internet or technology. So its a future on today's transaction. And if we are going to compare the value we can see that bitcoin is more profitable as its value changes dramatically and for some reason the government do not manipulate the transaction on bitcoin so no corruption can be start.
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April 25, 2017, 09:41:06 PM
 #1304

The first difference between the two is Real money hardly gains value as compared to bitcoin which has growing potential everyday. bitcoin price movement has potentially very good value. while real money only has limited movement. unless there is the clutter in this world then everything can happen.

Yeah value of real money is even decreasing because of inflation and that's opposite in bitcoin. As the time goes on, the value / price of bitcoin is getting higher because of the market of it, the price gets higher because of the demand of the people while the supply of it has a very limitation so that's a big difference.



 

 

 

 

 

 


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April 25, 2017, 10:42:45 PM
 #1305

Bitcoin is not the currency of any country and Bitcoin is only digital currency so there are a big different between Bitcoin and real money. Money is legally accepted by the government of all contries while use of bitcoin is not allowed in some counties. Money can be seen and touched.Since Bitcoin is a digital currency, it cannot be touched,Transactions through money costs more charges and transactions through bitcoins is made at very low cost
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April 26, 2017, 01:33:28 AM
 #1306

Bitcoin is not the currency of any country and Bitcoin is only digital currency so there are a big different between Bitcoin and real money. Money is legally accepted by the government of all contries while use of bitcoin is not allowed in some counties. Money can be seen and touched.Since Bitcoin is a digital currency, it cannot be touched,Transactions through money costs more charges and transactions through bitcoins is made at very low cost
Thats Correct, the Transaction fee of both are different, we Also can say that bitcoin is more practicaly to use than fiat or real money. Bitcoin is such as new innovation in payment system and fiat is such as conventional paent system.

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April 26, 2017, 01:39:26 AM
 #1307

The difference betwean BTC and "real money" is that BTC is realy virtual currency, while "real money" is fake virtual numbers that goverments and banks change as they see fit. It's ridiculous, but "real" money is more virtual than Bitcoin. Digital currency to be used in the virtual world and the real real. The fact that this situation will greatly promote the development of bitcoin.
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April 26, 2017, 02:57:58 AM
 #1308

Bitcoin is a digital currency and real money is local currency.Bitcoin price can be increased or decreased but local currency remain same.Again,bitcoins price is too high than local currency like Dollar. i think bitcoin is usually used for the investment and trading and most of the user earn it from signature campaign or gambling or other ways and i think paper money is life
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April 26, 2017, 03:20:34 AM
 #1309

Bitcoin is a digital currency and real money is local currency.Bitcoin price can be increased or decreased but local currency remain same.Again,bitcoins price is too high than local currency like Dollar. i think bitcoin is usually used for the investment and trading and most of the user earn it from signature campaign or gambling or other ways and i think paper money is life

yes it's true... bitcoin is digital currencies use in digital world and it's easy to use and become popular now.
while real money is a local money. the value of these currencies well go up and down every-time.


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April 26, 2017, 03:27:37 AM
 #1310

Bitcoin is a digital currency and real money is local currency.Bitcoin price can be increased or decreased but local currency remain same.Again,bitcoins price is too high than local currency like Dollar. i think bitcoin is usually used for the investment and trading and most of the user earn it from signature campaign or gambling or other ways and i think paper money is life

yes it's true... bitcoin is digital currencies use in digital world and it's easy to use and become popular now.
while real money is a local money. the value of these currencies well go up and down every-time.


Real money is more stable than bitcoin but it is not good as investment unlike bitcoin where it can be a currency and investment at the same time. The limit of supply is one thing that will give investors a run for their money, with the greater volume of demand which will likely to happen in the future, they can become richer and richer if they hold longer, which is an opposite if you are holding fiat.

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April 26, 2017, 03:49:02 AM
 #1311

Bitcoin is a digital currency and real money is local currency.Bitcoin price can be increased or decreased but local currency remain same.Again,bitcoins price is too high than local currency like Dollar. i think bitcoin is usually used for the investment and trading and most of the user earn it from signature campaign or gambling or other ways and i think paper money is life

yes it's true... bitcoin is digital currencies use in digital world and it's easy to use and become popular now.
while real money is a local money. the value of these currencies well go up and down every-time.


Real money is more stable than bitcoin but it is not good as investment unlike bitcoin where it can be a currency and investment at the same time. The limit of supply is one thing that will give investors a run for their money, with the greater volume of demand which will likely to happen in the future, they can become richer and richer if they hold longer, which is an opposite if you are holding fiat.
i think if bitcoin not stable if very good for invesment because we can get fast profit pass not stable price Smiley

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April 26, 2017, 04:28:23 AM
 #1312

the main difference is that real money is printed on papers while bitcoins is digital crypto currency

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April 26, 2017, 04:43:43 AM
 #1313

i think that the difference not only at the digital funds and physic money, cause real money will never ever and ever change the number of amounts, You know the dollar value also change if you convert it into other country currencies am i right? Like that BTC value also change that's it.

In my view, you are right, the different is not that bitcoin is digital currency and real money has physical appearance, The main different is that bitcoin's digit increasing very fast. For example, we could see the yesterday, i see bitcoin was $1230 and now in today bitcoin is $1275. It is a different in digital currency that give us profit. But in real money, people can't earn a profit except they use it in a business. 
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April 26, 2017, 05:02:39 AM
 #1314

the main difference is that real money is printed on papers while bitcoins is digital crypto currency
Many of us know about it digital and non digital, more specific real money is controlled by the government and bitcoin decentral, real money just a means of payment and bitcoin multifunctional can be investment

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April 26, 2017, 05:03:10 AM
 #1315

i think that the difference not only at the digital funds and physic money, cause real money will never ever and ever change the number of amounts, You know the dollar value also change if you convert it into other country currencies am i right? Like that BTC value also change that's it.

In my view, you are right, the different is not that bitcoin is digital currency and real money has physical appearance, The main different is that bitcoin's digit increasing very fast. For example, we could see the yesterday, i see bitcoin was $1230 and now in today bitcoin is $1275. It is a different in digital currency that give us profit. But in real money, people can't earn a profit except they use it in a business. 
That was a good point there ,its the volatility that makes the bitcoins more differential in fiat money. And we are lucky to know bitcoins right now unlike others who keep on finding some good investments and instead of legit one they are more into some fast money but easy loss . Real money is limited and hard to earn if you dont know how to spend wisely.

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April 26, 2017, 05:34:19 AM
 #1316

Money is nothing more then something we have given value to and is small and easy to carry and use everywhere. You can trade money for anything you want since it has value. Bitcoin is the same since it also has value but usually Bitcoin is seem more as an asset like stocks. That's why the exchanges are basically digital stock markets.
Correct sir, in real money all people can able to used it even poor people they can while in bitcoin limited people can used it because not all people can afford gadgets to access bitcoin.
For now bitcoin is much better to invest than using real money because the value of bitcoin now is very high and it was continuous increasing, more investor now start to add some amount of money as bitcoin investment.
If you will look at the bigger picture, you will see that majority of the world's population are still poor and because of their status in life they will not be interested with the newest technology, their main purpose to live now is just to earn money to buy food at the very simple way that they know.
That's true, when one gets the basic requirement he/she focus towards the next level of growth. There are people who are struggling to find even a one time food. In such scenario technology aspects won't make them attracted to it, though it provides them some earning access.

If a person cares about his future, then he is ready to develop and master new technologies. I, too, live in a poor country, but I find the time and desire for training. I believe that this will make my life better and richer.

Now I'm more interested in bitcoins than fiat. He is more promising


What he wants to imply is that those poor people who can't afford to buy device (cellphones, computer, tablets, etc.) as a means to access internet and thus Bitcoin or other crptocurrencies is one of the factors that limits the use of Bitcoin that is why fiat is more applicable for them. It is good for you to access this even when you live in a poor country but on the other way around you are wealthy enough to afford and access internet compared to others who are really poor thus results to the inability to access this. Bitcoin would be popular to people who are wealthy enough (along with other factors) and fiats to those who are not.
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April 26, 2017, 07:11:48 AM
 #1317

the main difference is that real money is printed on papers while bitcoins is digital crypto currency
Many of us know about it digital and non digital, more specific real money is controlled by the government and bitcoin decentral, real money just a means of payment and bitcoin multifunctional can be investment
True and we will be regulated by the government soon, bitcoin will grow because the crypto world is getting the attention of big investors.
Believe me in 10 years from now the value would substantially increase, the government then will try to regulate bitcoin due to a possible threat.

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DoublerHunter
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April 26, 2017, 07:24:52 AM
 #1318

the main difference is that real money is printed on papers while bitcoins is digital crypto currency
Many of us know about it digital and non digital, more specific real money is controlled by the government and bitcoin decentral, real money just a means of payment and bitcoin multifunctional can be investment
True and we will be regulated by the government soon, bitcoin will grow because the crypto world is getting the attention of big investors.
Believe me in 10 years from now the value would substantially increase, the government then will try to regulate bitcoin due to a possible threat.
I agree with you that bitcoin will be regulated by the government because government will try to control this opportunity and they don't want to lose this good opportunity for them to make profits, When bitcoin is controlled by the government they will charge taxes from transactions aside from fees and because of the regulation of government for bitcoin, it will be implemented in different countries because they control it and they can get profit with it.
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April 26, 2017, 08:43:39 AM
 #1319

the main difference is that real money is printed on papers while bitcoins is digital crypto currency
Many of us know about it digital and non digital, more specific real money is controlled by the government and bitcoin decentral, real money just a means of payment and bitcoin multifunctional can be investment
True and we will be regulated by the government soon, bitcoin will grow because the crypto world is getting the attention of big investors.
Believe me in 10 years from now the value would substantially increase, the government then will try to regulate bitcoin due to a possible threat.
I agree with you that bitcoin will be regulated by the government because government will try to control this opportunity and they don't want to lose this good opportunity for them to make profits, When bitcoin is controlled by the government they will charge taxes from transactions aside from fees and because of the regulation of government for bitcoin, it will be implemented in different countries because they control it and they can get profit with it.
If there is disadvantage then there is advantage. Despite of Bitcoin being regulated by the government and put some taxes on it, by their regulations then the risk will be lessen and there is a law to protect us from them. Also by the acceptance of government about Bitcoin then it will promote the rise of a lot of opportunities that we can benefit of it and make a wilder world for Bitcoin.

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lemonade09
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April 26, 2017, 10:03:16 AM
 #1320

The only difference of bitcoin in real money is bitcoin is just a digital or virtual money unlike a real money or cash we can carry it whenever we wanted and anywhere we want we can also carry our bitcoin but in our bitcoin wallet and cannot be carry physically.Bitcoin and real money like dollar for example are both currency and both we can use it to buy thing but at this point we can't use bitcoin yet in many stores because they dont accept bitcoin for now maybe in the future bitcoin will get many partnerships.
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