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Author Topic: Difference between Bitcoin and real money?  (Read 113873 times)
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October 03, 2017, 05:38:42 PM
 #1601

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.
Actually, there are many difference of bitcoin and real money. Bitcoin doesn't have exact value and we all know that bitcoin is a digital currency while real money is our world currency and all real money have exact value in market. Real money is accepted in all transactions while bitcoin is not because you can't use it in offline store.

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October 03, 2017, 05:46:52 PM
 #1602

Real money is good for everybody. It's value always stable. And you can spend money anytime anywhere without fee and without online easily. But bitcoins value not stable everytime. Even bitcoins need transaction fee and need online. Even many difference between bitcoin and real money.

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October 03, 2017, 05:52:16 PM
 #1603

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?


As a newbie it's good that you have lots of questions like this. It just shows that you're smart and not like others who jumped on board because of mere curiosity and thinking that they will be millionaires in just a snap of their fingers. I can feel that you'll have a bright future in btc once all your questions are answered. Forgive me if I may not be able to answer all your questions but I'll try. I think that the important part here is the things that btc can offer and one is its decentralized system. It cannot be manipulated by any institutions, banks or even the governments.

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October 03, 2017, 06:02:41 PM
 #1604

Actually, nowadays there is no differences between Bitcoin and real money according to usage. However, if you are looking for investment to increase, Bitcoin will be the most efficient way. The decision making process can be hard, but I recommend you to investigate Bitcoin and collect all of the knowledge about it. After that, you can earn lots of money and use both of the ways.


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October 03, 2017, 06:08:29 PM
 #1605

Actually, nowadays there is no differences between Bitcoin and real money according to usage. However, if you are looking for investment to increase, Bitcoin will be the most efficient way. The decision making process can be hard, but I recommend you to investigate Bitcoin and collect all of the knowledge about it. After that, you can earn lots of money and use both of the ways.
This is not true. You can't pay bills with bitcoin. You have to exchange it to real money and then pay bills. You can't buy food in most countries. Real money is stable, its value doesn't go to 5000$ and drop to 3000$ over night. With this said there is big difference between real money and bitcoin.
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October 03, 2017, 11:07:17 PM
 #1606

they have different because real money, you can buy immediately you want. But in bitcoin you can gain more money than you have now, and you can buy many things even it is expensive. That the purpose of bitcoin you have your chance to have an big money.
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October 03, 2017, 11:18:06 PM
 #1607

they have different because real money, you can buy immediately you want. But in bitcoin you can gain more money than you have now, and you can buy many things even it is expensive. That the purpose of bitcoin you have your chance to have an big money.
They are created for the to give convenience to the people but real money is more popular as it was first created and supported by the government.
Our real money has no sort of investment features unlike bitcoin where it can also be an investment, for a normal people who's not good in exploring online they'll always prefer using paper money as they are afraid of taking risk, still majority of the worlds population who are using real money has no idea about bitcoin and they might find it as a scam.

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October 03, 2017, 11:21:57 PM
 #1608

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.

You have point and well they are both currencies used for different transactions as well as being purchased for our necessities. Bitcoin is different from real money in the sense that it is volatile and it may deflate and the money that you have may be less than the other day, but it may pump soon thats the reason why investors come here they can be profitable here, and paper money was the local currency we used for small tramsactions.

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October 03, 2017, 11:25:20 PM
 #1609

Different between bitcoin and real money in my opinion is we can know how much bitcoin in the world and there are not people who can make manipulation about it and we don't know how much real money who be printed.

Bitcoin changes its value and it is not yet legalized in some countries. Real money has its fixed value and never changes. Also, real money is legal in every country.
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October 03, 2017, 11:44:47 PM
 #1610

Bitcoin is have a very unstable value while real money contains real and particular value.

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October 03, 2017, 11:53:25 PM
 #1611

Bitcoin is as real as the money that we are using everyday. The physical aspect is where the big difference comes in. Admittedly, there is still a long way to go before bitcoin becomes a mainstream currency but we will get there slowly, when most people get to see the benefits of using digital currencies instead of our traditional fiat money. Would be nice to use both side by side or vice versa.
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October 04, 2017, 12:19:44 AM
 #1612

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?


That's the point, The reason why people uses bitcoin its because it has a big value than real currency. So if you want to increase your money just invest it in bitcoin and it will double or higher your money depends on how are you going to manage it. Aside from that bitcoin also is hassle free when it comes in withdrawing and when you are earning it there is no taxes while in real currency it has.

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FrankAnthony2208
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October 04, 2017, 12:44:50 AM
 #1613

Real money is something that are used to buy goods and it is acceptable by our society and verified by our government as used to buy goods. It is the coins and paper money that are set by government its value.

Bitcoin is created by satoshi nakamoto in year 2009, it is created by using computers to solve complex math puzzle. Before you use biotin in our society to buy goods, u have to exchange it into real money to use.
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October 04, 2017, 03:28:57 AM
 #1614

What is defferent of money and bitcoin .. money is easy to use like if you go to mall you can use immediately .. bitcoin you need to change into money .. but you can't use  this bitcoin immediately.
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October 04, 2017, 03:37:49 AM
 #1615

What is defferent of money and bitcoin .. money is easy to use like if you go to mall you can use immediately .. bitcoin you need to change into money .. but you can't use  this bitcoin immediately.
More on it is the value of bitcoins are changing so you can make more income before going to spend it. I'm in much focusing on its advantages no difference on both. I'm enjoying the benefits of bitcoins and if i ever need money i just exchange and convert it to fiat.

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October 04, 2017, 04:04:24 AM
 #1616

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?

It is simple bitcoin is more good than real noney because bitcoin is increasing the value but the real money or fiat sometines it wil increase but it's so much small but in bitcoin decreasing but it always increasing so much high.

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Bren Briones
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October 04, 2017, 04:09:45 AM
 #1617

Money is physically present while bitcoin is crypto currency wherein transactions can be done on line with less hassle. Bitcoin is top ranked in the crypto currency world so its value eventually rises or maintained. You can do fast transactions with bitcoin unlike with real money.

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Destroyeroff98
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October 04, 2017, 04:17:54 AM
 #1618

Bitcoin as an investment more profitable than the dollar, it is gaining much faster price. In addition, to store money in Bitcoins reliably.

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Harlot
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October 04, 2017, 04:47:32 AM
 #1619

Money is physically present while bitcoin is crypto currency wherein transactions can be done on line with less hassle. Bitcoin is top ranked in the crypto currency world so its value eventually rises or maintained. You can do fast transactions with bitcoin unlike with real money.
Your argument is flawed in a way that Bitcoin is a more hassle free way of transacting payment. Years before Bitcoin even existed banks have come a way to ease up payments online with the use of Fiat currency and that is credit cards and debits cards which can be counted as good as cash where until now it is still a more preferred payment compared to paying in Bitcoin. Additionally if you look at the practicality of Bitcoin transactions in a physical way or when you are in an actual store you will know that paying in Bitcoin would take more time compared to paying in Fiat currency.

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October 04, 2017, 04:51:53 AM
 #1620

The difference between Bitcoin and real money is Bitcoin is a virtual currency that can be invested and with a good profitability value while a real money is what we called the fiat money that is physically present and we can hold it that is being used in our daily transaction like buying foods paying bills etc.

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