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Author Topic: Difference between Bitcoin and real money?  (Read 113830 times)
uniquefighter
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November 28, 2017, 04:21:23 PM
 #2161

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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There are several different types of Bitcoin clients. EWallets such as Coinbase are like banks -- a central organization has complete control over your money. You shouldn't put much money in EWallets.
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Bitcoinislife09
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November 28, 2017, 04:34:55 PM
 #2162

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?

First, the main difference of real money and bitcoins is that real money can be touched or seen and we know worldwide it is used by everyone. Bitcoin, however, can be used through an internet connection. As I have observed while using bitcoin, bitcoin is easier to earn than that of real money. Even young people can earn here then start investing in bitcoin so that they can have more bitcoins to own.

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RaymanC.
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November 29, 2017, 03:42:20 AM
 #2163

Difference between bitcoin and real money for me is confirmation process as its today. Real money doesnt have this. However, bitcoin always superior and we can make choice to invest.
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November 29, 2017, 10:49:55 AM
 #2164

Bitcoin is more valuable than real money. When we compare real currency with bitcoin there is a big difference. First the price, bitcoin has the high price when we compare it with all currencies, second is voltatilty. I think there is not currency can increase or fall 100$ or more in one day. This is good for trading. The one advantage of real money, that they are more popular in everyday life and it is easier to meet our needs with them
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November 30, 2017, 04:55:14 AM
 #2165

Bitcoin is really not that different from regular money, it is just that since bitcoin is mostly digital there is not much use for it in our regular lives.
A realise is bitcoin is decentralized and not endless printing. So it is more profitable for us to use bitcoin rather than fiat. If you use bitcoin your value of your money is increase every time, your transaction become easier, faster, and safer and government will not tax it. 
So bitcoin and fiat is the same, it is money. But bitcoin is give us more benefit rather than fiat.

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November 30, 2017, 05:03:20 AM
 #2166

Bitcoin is just making money, while real money is in your hand but just a little.

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November 30, 2017, 05:04:37 AM
 #2167

Real money is supposed to be only backed up with gold, bitcoin is backed by users of it, we give bitcoin is own price by investing
real money on it.
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November 30, 2017, 05:05:23 AM
 #2168

Bitcoin is the world's biggest digital currency created by Japanese software engineer Satoshi Nakamoto in 2008.

Unlike other hard currencies, the token is not based on the value of gold or silver but on open source mathematical formulas.

In fact the smallest divisible amount of a bitcoin, a one hundred millionth of a token, is called a ‘Satoshi’ in honour of its founder.

Bitcoin cash is the child of a user activated fork that split the bitcoin blockchain on August 1 2017.

A small group of miners, who were growing unsatisfied with bitcoin’s technical limitations and lack of software updates, decided to take the matter into their own hands.

By forcing a fork in the bitcoin blockchain, they essentially created a whole new currency known as bitcoin cash.

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November 30, 2017, 05:20:28 AM
 #2169

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 and real money its the same MONEY. Bitcoin you can spend thru online unlike real money you can spend thru your true wallet. Its the same easy but its diffrent how you spend it. But I choosed bitcoin because the value of bitcoin is so high compare to money...

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November 30, 2017, 05:24:06 AM
 #2170

Bitcoin has a difference with real money can be seen from the advantages of both. I see bitcoin has a greater advantage than just real money. We can see firsthand that bitcoin is getting more and more expensive and is now worth $ 9032.
The real difference between money and bitcoin is the form in which the both exist. Paper money has a physical form while all the Crypto coins exist in Digital form.

That means we cannot see them and we cannot touch them but if we dig this topic a bit more then we will get to know there is news difference between both of them. Bitcoin is not only the medium of exchange but the best investment tool also. It is fast, secure, anonymous and decentralized.



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1discovery
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November 30, 2017, 05:25:16 AM
 #2171

yea, Bitcoin isnt real money,real money is real money ,bitcoin is cryptocurrency and real money is value,bitcoin is online cryptocurrency,real money is money which we can see in real world and bitcoin is cryptocurrency which we cant see in  real world and we cant touch him. Real money isnt anonymously and bitcoin is.
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November 30, 2017, 05:26:42 AM
 #2172

There have a big diffence between bitcoin and real money because bitcoin was continuing increas the value if you want to invest and you can also earn here in bitcoin specilly this is a digital  money and if you want to buy or pay bills online you can use bitcoin not like the real money you can go to on the country to pay and buy.

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November 30, 2017, 05:27:39 AM
 #2173

Bitcoin is a easy to use and real money is not easy to use if we move money here and there it is so problem with but bitcoin transfer is no panic.

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November 30, 2017, 05:39:01 AM
 #2174

if the real money the money-making material is all real like paper and coin we can hold is put down the wallet
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November 30, 2017, 05:46:25 AM
 #2175

real money loses value due to inflation whereas bitcoin increases in value every single minute real money indeed

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November 30, 2017, 05:53:57 AM
 #2176

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 thik bitcoin is very profitable than real money but tral money is more usable than bitcoin for now but i think bitcoin can replace all crrency in the world because of the value of bitcoin and you can easily use thid to transact peer to peer and so very fast than banks.

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November 30, 2017, 05:54:08 AM
 #2177

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 deserves the hype it actually receiving. The fact that the government has nothing to do with your money is so reassuring and comforting. In the very first place, it wasn't us that benefits the most in paying taxes, not to mention high taxes. Being rich and such is all about gambling everything you have. Failures and pain might come in your way but it's all part of life. Entrepreneurs fails million times and rise a million times too, and now we are all looking up at them.
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November 30, 2017, 06:01:21 AM
 #2178

In my own view regarding this matter is that real money has it's own physical form and has it's actual value in the market but bitcoin is quite different because it has no physical form since it is just a digital or virtual currency and has no fixed value, it is a cryptocurrency in which its value may rise or may go down at any moment.

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November 30, 2017, 06:03:52 AM
 #2179

In my opinion investing your $ to bitcoin is good, Because your $ will get higher. Bitcoin value is  raising now that bitcoin will be known in the whole world, and their will be a lot of transaction or trading. Because of that their will be a lot of users of bitcoin and bitcoin price goes higher and higher.

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November 30, 2017, 06:08:27 AM
 #2180

For me real money is much better than bitcoin because it is the most widely accepted currency in the whole world, anywhere you go especially in remote areas where there is no mobile or internet connectivity your money is good to go. Bitcoins or any other cryptocurrencies are just good in places where there is a mobile or internet connection and we all know that there are still many places or countries in the world where information and communication infrastructure are still no where to be seen.
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