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Author Topic: Difference between Bitcoin and real money?  (Read 113873 times)
anggun chan
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November 28, 2017, 02:10:58 AM
 #2141

There are many differences between real money and bitcoin. Bitcoin form of digital currency which is very famous in the virtual world that is very different from the real currency real. In addition a bitcoin can be used online in a way that can be exchanged quickly and easily. Probably very much how much money has been printed by the bitcoin. To get the real money directly is by working physically different from his work the bitcoin we can anytime and anywhere

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November 28, 2017, 02:12:27 AM
 #2142

The main difference is that Bitcoin is based in USD while the USD is not based on bitcoin. Or whatever fiat currency you use, pounds etc

That is obvious because the currency that is usually used in trading is USD the reason USD is somewhat close to the world currency. I know some exchangers that do not base on USD but on their country's fiat.

There are a lot more difference between USD and bitcoin, and this is not one of them.

Bitcoin is not tangible, while USD is tangible.
Bitcoin is decentralized, USD is not.
Bitcoin is volatile, USD is not
Bitcoin is Pseudo Anonymous, USD is not

this is some of the most popular difference between them.
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November 28, 2017, 02:17:12 AM
 #2143

real money is a world currency that is accepted by all governments on the world, and legal in all activities also more people are using it, but bitcoin is just a digital currency and still not be legalized by many governments around the world so not much people own it or willing to use it in real life.

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November 28, 2017, 02:20:05 AM
 #2144

The two have very big difference Bitcoin is a crypto currency the so cold digital currency that we cannot hold or see it is stored in a digital wallet and its value is very volatile that anytime the price could go up or could go down and it is a very good investment at this moment because of its current value that is so high. While a real money is the fiat that we use in our daily financial needs lets say in buying goods at the grocery etc. real money's value do not rise compare to the value of Bitcoin and it is regulated by each and every government in different countries.

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November 28, 2017, 02:22:19 AM
 #2145

There a lot of differences between the two; Bitcoin is digital currency that is depends on the internet while the real money is independent and can be use even though without the internet. Bitcoin gets higher while the real money is not.

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November 28, 2017, 03:26:03 AM
 #2146



Understanding is and knowledge is the most important part in the crypto currency. different from gambling that if you lose will be all lost. bitcoin is not, you should find knowledge about bitcoin if you want to compare it

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L00n3y
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November 28, 2017, 04:20:09 AM
 #2147

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 would say liquidity is one big difference between the two. Since bitcoin is a form of an investment, unlike real money where you can readily use it for your convinience. If you decided to go with bitcoins i suggest you start small and if profit is good then go bigtime.

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November 28, 2017, 04:55:10 AM
 #2148

The main difference between bitcoin and real money is that bitcoin is an electric form of money and the real money is the  local money which we use everyday.

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November 28, 2017, 05:15:20 AM
 #2149

Bitcoin is a peer-to-peer electronic payment system that operates as an self-determining currency.
Money is currency, check is an implement to transfer value of currency.
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November 28, 2017, 05:18:24 AM
 #2150

Bitcoin is safer than real money but as compared to liquidity money is more liquid and can be used soon and expending need is more for human but in case of bitcoin it cannot be used everywhere it has its own limitation. But for the person who has excess money he can buy or earn bitcoin and get better returns than real money.

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November 28, 2017, 05:35:21 AM
 #2151

Bitcoin is safer than real money but as compared to liquidity money is more liquid and can be used soon and expending need is more for human but in case of bitcoin it cannot be used everywhere it has its own limitation. But for the person who has excess money he can buy or earn bitcoin and get better returns than real money.
That's true but I hope in the future more and more people will accept bitcoin, when massive adoption will happen we can expect great experience
using bitcoin because we are in control of our own money and bank will no longer hold it and make money from it.

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November 28, 2017, 05:42:47 AM
 #2152

But I think bitcoin it's not pay system now. Only a few pay systems can take a real money, which costs for bitcoin. Its not important for economic. Only hype:)

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November 28, 2017, 05:44:57 AM
 #2153

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?

Bitcoin is betyer than real money because the value of bitcoin is so high but the real money is more advantage for now because real money is virtual money you can use this everywhere to buy anything and no fees but bitvoin is more good because you can use this even at home to buy some bills etc.

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November 28, 2017, 05:46:11 AM
 #2154

Real money is issued, printed and controlled by government of respective country and government but bitcoin is completely different because it is neither printed nor issued by any central government. So, bitcoin is digital currency that we can  only spend in online and Real money is currency that we can only spend in physical world. That's why I think, bitcoin is replacing paper currency day by day.

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November 28, 2017, 05:56:24 AM
 #2155

Difference between bitcoin and real money? These two entities are actually money but the basic difference between the two is their form as the former is a digital currency which is an intangible while the later is a real currency where you can touch it. Bitcoin also needs to be online for you to able to transact while real money needs no internet since you can transact to it offline.

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November 28, 2017, 06:18:04 AM
 #2156

Their a lot if difference between electronic money like bitcoin and physical money like real money. In case of real money you have to pay tax but in bitcoin their is no required to pay tax. In the transition of real money a third party (e.g. bank ) involved but in case bitcoin their no involvement of third party and its less traceable then real money. In the case  real money government has control in it but in the case of bitcoin government has no such control. In the case of real money it is difficult to convert into any other currency but in the matter of bitcoin it doesn't happen.

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November 28, 2017, 06:18:55 AM
 #2157

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November 28, 2017, 12:15:24 PM
 #2158

The main difference between bitcoin and real money is that bitcoin is an electric form of money and the real money is the  local money which we use everyday.

I think bitcoin is far from being a money. Bitcoin is more on a currency, a digital currency.

I think money or real money is the fiat and bitcoin is not a fiat. Bitcoin is more on the decentralized and pseudo anonymous side while the real money is in the opposite.
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November 28, 2017, 12:20:00 PM
 #2159

Because bitcoin is a good investment. Bitcoin can give you extra income. Bitcoin makes more money than any investment. You can change your life by investing in bitcoin. Bitcoin will surprise you. Smiley

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November 28, 2017, 04:21:23 PM
 #2160

But I think bitcoin it's not pay system now. Only a few pay systems can take a real money, which costs for bitcoin. Its not important for economic. Only hype:)
here are a lot of diffrence between these two mode of payments but the most important diffrences are bitcoin is controled by the user but real money is controled by banks not by users. government can take actions on real money but bitcoin is same in all the times nothing will change it
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