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Author Topic: Difference between Bitcoin and real money?  (Read 110686 times)
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May 25, 2017, 07:20:43 AM
 #1541

Cash is awesome. When you are right in front of the person you are dealing with. But we have this thing called the internet nowadays, which means many many transactions done happen that way anymore.


     
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May 25, 2017, 07:24:30 AM
 #1542

i mostly prefer bitcoin , with bitcoin you can use it for many possibilities such a untraced transaction , cloud minings , altcoin investment and many more , the fact is bitcoin is already more popular right now .

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August 15, 2017, 07:05:31 AM
 #1543


Bitcoin in certain cases must be made in real money first because not all things in the transaction can be paid with bitcoin, while real money can to do every transaction

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August 15, 2017, 07:36:06 AM
 #1544

i mostly prefer bitcoin , with bitcoin you can use it for many possibilities such a untraced transaction , cloud minings , altcoin investment and many more , the fact is bitcoin is already more popular right now .
I do prefer bitcoin as well when it comes to making money, real money is fiat where the government created it and it will always be in circulation no matter how successful bitcoin is. We need fiat more than bitcoin but this new technology who are about to change the world is a good investment opportunity.

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August 15, 2017, 07:46:31 AM
 #1545

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?

I think dude,  the difference between bitcoin and real money isa the way of earning.  In real money,  to earn real money you will to do some specific work to have some money while to earn bitcoin, you just used your gadget and internet to post and you will earn money.

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August 15, 2017, 07:48:44 AM
 #1546

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?


Well, here's the big difference that might settle this argument once and for all. Your dollar, just like any other fiat currency, is not increasing in value. On the contrary, it is diminishing because of inflation. On the other hand, even your sleeping bitcoin is earning big time. The more BTC you have, the bigger earning you can get.

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August 15, 2017, 09:05:16 AM
 #1547

With real money "maybe the dollar will lose its value, maybe bitcoin will generate a lot of value.It's been 3000 dollars in the last few seconds maybe next few years the currency in gital will replace the real.
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August 15, 2017, 09:11:04 AM
 #1548

There is no different between them bitcoin is real money reserve for now on many ride the train to convert stable asset to unpredictable market .

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August 15, 2017, 09:13:59 AM
 #1549


Bitcoin in certain cases must be made in real money first because not all things in the transaction can be paid with bitcoin, while real money can to do every transaction

Yes that is the difference of bitcoin and cash but the way of earning it is much appropriate to earn here in bitcoin more easy than earning real money. Yes we convert so thats how we can get now the real money so you can now take it in every transaction.


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August 15, 2017, 09:19:04 AM
 #1550

The purchase of assets related to tax obligations. You need to specify in the tax Declaration, all shares you have. Then questions may arise regarding taxes. What it's about. Investing in bitcoin may bring more income and no taxes.

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August 15, 2017, 09:21:20 AM
 #1551

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?
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August 15, 2017, 09:28:18 AM
 #1552

For me the main difference is lack of government control. Just think about it. No one can exercise any control over your funds.
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August 15, 2017, 09:58:00 AM
 #1553

The difference between bitcoin and real money is that bitcoin is a money used in internet while real money is something we use physically and we do not need any third party to use it as a payment.


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August 15, 2017, 10:38:14 AM
 #1554

There are many differences of bitcoin and real money.. 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.
For me, the difference between bitcoin and eeal money is that bitcoin is digital or can be access through internet. And bitcoin is untouchable while real money is where you can touch. But this two is a money that can buy you things that you want.

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August 15, 2017, 11:03:08 AM
 #1555

The difference between bitcoin and real money is that bitcoin is a money used in internet while real money is something we use physically and we do not need any third party to use it as a payment.

Both are real currency I believe, the difference is that Bitcoin is decentralized and fiat/local currency is centralized. What do you mean by the 3rd party you mentioned? If you you are talking about wallets for Bitcoins, I might remind you we also have to use banks and its services and promissory note etc to do high amount exchange/transaction.

Also I want to add in their difference, Bitcoin is quite slow and costly than fiats/local money. But I believe this differences will someday diminish.

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August 15, 2017, 12:52:53 PM
 #1556

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?

Money is a lot different from bitcoin. The real money is under the supervision of the government and is strictly regulated, virtual bitcoin is not controlled by any government or bank at all and the government and the price of bitcoin is higher than the price of real money

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August 15, 2017, 01:02:25 PM
 #1557

I think because bitcoin is decentralized so there's nobody like government and banks can manipulate it. And that the value is higher than any other currencies.  The profit we can gain here is much greater.

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August 15, 2017, 01:04:29 PM
 #1558

Bitcoin is an online money that you can used to pay bills and money is the real one that you can hold and touch.both currencies are important but bitcoin has high  currency than the real money.bitcoin is decentralized while money is centralized.

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August 15, 2017, 01:12:00 PM
 #1559

The difference between bitcoin and real money is that bitcoin is a money used in internet while real money is something we use physically and we do not need any third party to use it as a payment.

Both are real currency I believe, the difference is that Bitcoin is decentralized and fiat/local currency is centralized. What do you mean by the 3rd party you mentioned? If you you are talking about wallets for Bitcoins, I might remind you we also have to use banks and its services and promissory note etc to do high amount exchange/transaction.

Also I want to add in their difference, Bitcoin is quite slow and costly than fiats/local money. But I believe this differences will someday diminish.

Both are real currencies but one should accept by all over the world, and one is still introducing to this world. The demand for the new currency is increased, so the value is high, but the real currency had enough supply, so the value is less. One is legal, and another one is illegal these are the difference b/w Bitcoin and real money.
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August 15, 2017, 01:56:00 PM
 #1560

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?

Simple. Dollar's price doesn't increase like bitcoin and dollar is not decentralized like bitcoin . Also no one is forcing you to use bitcoin for buying stock or gambling. But bitcoin would fetch you better profit by just keeping it idle. Lets say you keep 100 $ with you for 10 days ,will  the price change ? No,it wont but do the same for bitcoin ,the price will definitely change.So it depends on you whether or not you have to go for bitcoin or not.







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