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Author Topic: Difference between Bitcoin and real money?  (Read 114803 times)
cryptokitty
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October 03, 2017, 11:44:47 PM
 #1601

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
 #1602

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
 #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?


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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October 04, 2017, 12:44:50 AM
 #1604

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
 #1605

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
 #1606

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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cherrymobile
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October 04, 2017, 04:04:24 AM
 #1607

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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October 04, 2017, 04:09:45 AM
 #1608

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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October 04, 2017, 04:17:54 AM
 #1609

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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October 04, 2017, 04:47:32 AM
 #1610

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
 #1611

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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October 04, 2017, 05:11:01 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?


Those questions in your mind are very practical to be honest, but for users who finds a way to make trading, transactions easier, that's what Bitcoin can offer to us. For simple explanation, bitcoin is the digital and $ is the traditional currency. bitcoin is slowly being accepted worldwide and I can see future that this digital will be a mainstream currency as well,
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October 04, 2017, 05:17:28 AM
 #1613

The difference is that the bitcoins are safer than paper and coin currency. Paper currency may be easily falsified. So, your bargain is destroyed. But as for the bitcoins, nobody still can hack the system though there were a lot of efforts. The bitcoin is an equivalent of the gold which has more values than standart paper currency. There are private and viewed transactions, possibility to make large translactions without any % (like for the bank, for example). All in all, you can use your currency capital as you want and do not lose any percents of it.
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October 04, 2017, 05:57:57 AM
 #1614

Bitcoin is also currency same as a real money, but i think the difference between bitcoin and the real money is that you can only use,shop,buy something online or in the internet using bitcoin, while  the real money, you can use it anywhere, i mean, you can use it in the internet and also in the real world.
UchihaRukawa
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October 04, 2017, 02:01:27 PM
 #1615

Bitcoin can be transferred without fee, that is its original purpose, unlike money, if you want to transfer money you have to pay for bank fees. Bitcoin is fast growing sonyou could earn faster and easier, while paper money takes too long to change value so that makes bitcoin better.

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October 04, 2017, 02:34:50 PM
 #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?

there's a big difference about the bitcoin and real money. first the real money is used for everyday life to buy things in the market store etc. while the bitcoin is used to buy things but only in the internet. second the bitcoin is have a faster transaction in the internet and the money is instant on your hand if you buy a things . and the third you don't need electricity to used money unlike the bitcoin you need to access in the computer first and before you have to computer you need electricity
Harley29
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October 04, 2017, 02:39:36 PM
 #1617

they both are money and are to be used for the same purpose but the only difference is that real cash or paper money can be touched and are in paper form while bitcoin is not in paper form and is available in only digital form.
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October 04, 2017, 02:40:16 PM
 #1618

To begin with, bitcoins are not just a currency that can be compared to dollars. Each crypto currency has an idea, its meaning. Among the altcoins, there are those that can be compared to shares of companies, because they have an economy in the code. Altkoins and bitcoins are very volatile and they can vary in price from 5 to 1000% per day. And you should take an interest, that such technologies Blockchain, at once many questions will disappear.
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October 04, 2017, 02:43:14 PM
 #1619

real money is based on corrupted governments and bitcoin means freedom and anonymity

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October 04, 2017, 04:58:07 PM
 #1620

Bitcoin and real money are not same.they have many differences.bitcoin is a crypto currency but real money is not crypto. we can use real money for our daily activities.but bitcoin can't do this.besides bitcoin is not legal in every countries in the world.
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