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Author Topic: Difference between Bitcoin and real money?  (Read 110686 times)
Naoko
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November 05, 2017, 07:48:42 PM
 #1881

naturally, bitcoin is primarily an asset for me...bitcoin is a long-term investment, and money is just a change of coin at the moment to live and survive



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Minionnn
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November 06, 2017, 03:23:33 PM
 #1882

Bitcoin is digital money as well as a great internet payment gateway. When you pay with bitcoin, you will not have to pay taxes but you can only use bitcoin when there is internet, where it is accepted. With paper money, you can use it everywhere.

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November 06, 2017, 06:38:42 PM
 #1883

The biggest difference between bitcoin and fiat money is bitcoin was the more faster and secured transaction than fiat money bitcoin also easy to transact and most lower price and fee
In my opinion,  the only difference is that bitcoin can rise in value whereas fiat money cannot do that.  It's anonymity is also an advantage but  it's greatest difference is that bitcoins can be deemed as an asset as well.
Why not? Do you know the forex market, they are trading FIAT and the growth of FIAT value is unlike Bitcoin. FIAT can not grow its value to high price and fastly like Bitcoin, because the total market cap of FIAT can affect the world's economy. Example the rates between Dollar and Euro, you can trading through exchange rate difference and make money, just few decimals still make you profitable, but it needs you to have more capital.


     
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gz1derbread
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November 06, 2017, 07:18:24 PM
 #1884

Bitcoin is freedom that does not bind you to the currency of a particular state and gives you the opportunity to earn money! In addition, bitcoin is much safer and more versatile than the same dollar.
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November 06, 2017, 07:46:57 PM
 #1885

Real money is that, that money we can touch and can pay hand to hand. But bitcoin is online digital currency. we can't touch it and can't pay any one by hand to hand. Only via online we can transfer bitcoin wallet to wallet. This is the difference between bitcoin and real money.

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bitzizzix
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November 07, 2017, 12:52:19 AM
 #1886

The most fundamental difference of bitcoin and real money is its shape. real money in the form.
while bitcoin have a digital system that is not visible. but both have in common is both used as currency.
both have a value that can be used for life.
I am more judged for security and comfort with bitcoin money in the appeal of real money, because bitcoin money is more secure and transaction is very easy can only be used by users. real money risk is not far from criminal acts and theft .. because it looks real who see it want to take it by forcing or another trick just to have real money. all depends on the knowledge and intelligence of the person, if bitcoin must be smart in the internet and mastered about bitcoin ..


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November 07, 2017, 01:04:07 AM
 #1887

Bitcoin is a digital asset and can be purchase online and price is going up and getting expensive compared to fiat money that has no value at all it's just paper that exist in this world. i will choose gold rather than fiat money for transaction, but now we'ere speaking technology so Bitcoin is the real money making an asset of all transactions.

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November 07, 2017, 05:03:10 AM
 #1888

Bitcoin is tax free but Real money is not tax-free.Bitcoin can not be use within every store or markets.But real money is qualified in every stores and marketplaces.If we move bitcoin it's untraceable but real money move is traceable.Real money will never pass away or banned  but bitcoin can be prohibited or vanished.
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November 07, 2017, 05:16:13 AM
 #1889

Difference Bitcoin and real money? Bitcoin prices often rise quite high, so bitcoin is good if we keep some for the future. While real money prices rarely rise, if the rise did not rise with high. If you keep some bitcoin and real money and you want to gamble online with it you can use either or both of them. If you are hesitant to use bitcoin and prefer to use dollars, at least you can save some bitcoin.

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November 07, 2017, 05:29:50 AM
 #1890

Bitcoin is the reward of those people who support the blockchain system. A dollar is a crumpled paper or numbers on your bank account that you can easily take away from you. With bitkoin this can not happen. Another advantage is that the bitkion grows at a very high rate, in contrast to the dollar, which has already lost its growth.

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November 07, 2017, 05:38:38 AM
 #1891

At the moment practical benefits of cryptocurrency are very small in comparison with traditional currencies. Because there is no infrastructure around cryptocurrency. So far it de facto only means of speculation and means of accumulatings. And even as investment it too high-risk tool.

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November 07, 2017, 06:38:34 AM
 #1892

Bitcoin is tax free but Real money is not tax-free.Bitcoin can not be use within every store or markets.But real money is qualified in every stores and marketplaces.If we move bitcoin it's untraceable but real money move is traceable.Real money will never pass away or banned  but bitcoin can be prohibited or vanished.

Agree with your opinion, this is what makes a lot of people interested to transfer fiat money to bitcoin, maybe the tax feels so heavy the easiest way for most people is to run and switch to bitcoin.

I think the biggest difference between money and bitcoin is value, we all know that the value of the currency always goes down but bitcoin always goes up.

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November 07, 2017, 12:28:16 PM
 #1893

Bitcoin is tax free but Real money is not tax-free.Bitcoin can not be use within every store or markets.But real money is qualified in every stores and marketplaces.If we move bitcoin it's untraceable but real money move is traceable.Real money will never pass away or banned  but bitcoin can be prohibited or vanished.

Agree with your opinion, this is what makes a lot of people interested to transfer fiat money to bitcoin, maybe the tax feels so heavy the easiest way for most people is to run and switch to bitcoin.

I think the biggest difference between money and bitcoin is value, we all know that the value of the currency always goes down but bitcoin always goes up.

Correct in most of the world countries its tax free, but some like Japan and Australia that adopted are collecting tax from bitcoin.
Maybe this represent difference buy let be realistic if you transfer large amount of money they bitcoin is perfect for this cuz it have low fee for this.



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November 07, 2017, 12:44:42 PM
 #1894

Bitcoin is online and real money is just in your pocket that is the major difference here. Bitcoin is also safer than your real money, because it can be easily stolen while bitcoin is harder.
Bitcoin is online so they need to hack the site if you have a online wallet. So they must do a lot. If you have cash they would just beat you up and take it away.
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November 07, 2017, 12:45:24 PM
 #1895

Difference between Bitcoin and real money - money is a means of payment, bitcoin is both a commodity and a means of payment. Bitcoin more comprehensive.

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November 07, 2017, 12:51:38 PM
 #1896

Many people argue about the difference between bitcoin and real money,we start from bitcoin,Bitcoin is a decentralized digital currency,this form of digital currency is not in the form of coins or papers that certainly at real there is.
and real money Obviously we already know,because the original money is long known to us.
The difference between the digital currency and the original currency remains the same,used for payment.
for bitcoin users may still rarely make payments with bitcoins while real money may not have to ask again because everyone knows how to use real currency.

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November 07, 2017, 01:03:54 PM
 #1897

Bitcoin is safer. I believe it is the future form of money.
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November 07, 2017, 01:16:43 PM
 #1898

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?


in my opinion bitcoin is a type of money. and money is Money is a term used by economists for something. And also A medium of exchange.

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November 07, 2017, 01:17:55 PM
 #1899

Difference between Bitcoin and real money - money is a means of payment, bitcoin is both a commodity and a means of payment. Bitcoin more comprehensive.

As of now not only that the defirence between bitcoin and fiat money. You cannot use bitcoin offline or without enternet this is the most ang biggest problem of bitcoin that they have to solve in the future

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November 07, 2017, 01:21:08 PM
 #1900

Not really that much difference other than it is decentralised which is pretty HUGE.

FIAT is encryted by patterns and watermarks.

Bitcoin by a long string of numbers and letters!

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