Bitcoin Forum
December 18, 2017, 11:16:49 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 [111] 112 113 114 115 116 117 118 119 120 121 »
  Print  
Author Topic: Difference between Bitcoin and real money?  (Read 110686 times)
KingOfWinterfell01
Member
**
Online Online

Activity: 112


View Profile
December 04, 2017, 03:42:08 AM
 #2201

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?


The main difference I see here is the price. A bitcoins costs roughly $11000 where as a dollar costs $1. It would only be wise for some investors to convert their dollars to Bitcoins because bitcoin's price increases everyday, thus allowing their money to grow without effort. Conventional use, however, that's Dollar win against Bitcoins since there are more people supporting dollars rather than bitcoins.

C
Finally C is!!!
1513595809
Hero Member
*
Offline Offline

Posts: 1513595809

View Profile Personal Message (Offline)

Ignore
1513595809
Reply with quote  #2

1513595809
Report to moderator
1513595809
Hero Member
*
Offline Offline

Posts: 1513595809

View Profile Personal Message (Offline)

Ignore
1513595809
Reply with quote  #2

1513595809
Report to moderator
1513595809
Hero Member
*
Offline Offline

Posts: 1513595809

View Profile Personal Message (Offline)

Ignore
1513595809
Reply with quote  #2

1513595809
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
puturo
Newbie
*
Offline Offline

Activity: 28


View Profile
December 04, 2017, 03:48:33 AM
 #2202

For me as a newbie the basic knowledge i have with regards of the difference between bitcoin and real money is: Real money are in the form of coins or papers that you can see,touch and smell. While bitcoin you can only see it while you have internet and it is so called cryptocurrency. In terms of using them in transaction bitcoin is more hustle free, more faster and convinient compared in real money.
Apened
Hero Member
*****
Offline Offline

Activity: 579


“Best IoT Platform Based on Blockchain”


View Profile WWW
December 04, 2017, 03:51:33 AM
 #2203

Welcome to Bitcoin and to the Forum!

The questions you're asking are great ones. However, they're also questions that you can find answers to REALLY easily on this forum or Google. I'd encourage you to do some reading here and then come up with some more specific questions.

I can help get you started with some simple answers.

Why would I invest in bitcoin? All sorts of reasons ranging from pure curiosity to love of new technology to investment diversification. Bitcoin is used as currency to buy things and as a store of value, i.e., a place to house your savings with hopes of value appreciation or hedging against the depreciation of stocks or savings held in fiat currency. One example often used is that of Cyprus. Are you familiar with the country of Cyprus and it's severe monetary crisis from a few years back? It was so bad that the Cyprus government controlled how much money their citizens could take out of their banks. Think about that. That government telling you that you can't access your very own money! How scary is that? Bitcoin offers an alternative. No government (currently) can seize control of your bitcoin, this represents safety and security.

What's the difference between bitcoin and dollars? Bitcoin isn't regulated by any government. It isn't created "out of thin air" as fiat currency is. There will only ever be a finite amount of bitcoin, which controls it's value. Once all bitcoin is mined there will be 21 million in existence, that's it. No one can ever create more (as is done every year with fiat currency). When fiat currency is created by central banks they reduce the value of the existing currency in the market, which results in inflation of prices. This is why the price of every day things (that haven't changed in 50 years, like groceries or utilities) have gone up in price over time. There's a lot of other differences, but it's better for you to read up on them.

Why would I gamble with bitcoin? I don't, but if you want to you can gamble for significantly smaller portions of money (like cents as opposed to dollars or tens of dollars). And you can do it from the convenience of your computer.

Here are a few links for you to explore:

Feel free to respond with other questions. I think you'll get better response if you educate yourself a bit first and then come back with more specific questions.

Have you bought any bitcoin yet? Do you have a wallet yet? (If you don't, PM me and I'll set you up and give you some bitcoin)

Good luck to you!

I totally agree with all of these. After all, Bitcoin is also considered as real money. It just happened that it is an electric money while the dollar is a money made of paper. Well dollars, or any other paper currency has value controlled by the stock market. Any change or incidence in specific country can make a wave in the value of these paper money. It can be easily controlled by the government making it hard to really trust to invest in a stock market. Greedy people in the government may possibly create something that may effect to sudden change (depreciate) the value of real money. I don't say it is hundred percent safe to invest in bitcoin but the security of this is much more trustworthy that the real ones.


     
     ██
    ███
  █ ███
 ██ ███
 ██ ███
 ██ ███
 ██ ███
 ██ ███
 ██ ███
 █  ██
   



         ▄▄▄██████████▄▄▄
      ▄████████████████████▄
    ▄████████████████████████▄
   █████▀▀▀▀▀▀███████▀▀▀▀▀▀████
  ██████      ███████      █████
 █████████▌   ███████   █████████
▐█████████▌   ███████   █████████▌
████████                   ███████
▐███████▄▄▄   ▄▄▄▄▄▄▄   ▄▄▄██████▌
 ██████████   ███████   █████████
  ██████▀▀▀   ███████   ▀▀▀█████
   █████      ███████      ████
    ▀████████████████████████▀
      ▀████████████████████▀
         ▀▀▀██████████▀▀▀


 
 ▄▄         ▄▄             ▄▄
▐██▌       ▐██▌           ███▌
▐██▌       ▐██▌     ▄▄▄▄▄▄███▌      ▄▄▄▄▄▄▄▄▄     ▄▄▄▄▄▄▄▄▄
▐██▌       ▐██▌   ▄██████████▌   ▄███████████   ▄██████████
▐█████████████▌  ███▀     ▐██▌  ▐███▀     ███  ▐███▀
▐██▌       ▐██▌ ▐██▌      ▐██▌  ███▌      ███  ███▌
▐██▌       ▐██▌  ███▄     ▐██▌  ▐███▄     ███  ▐███▄
▐██▌       ▐██▌   ▀██████████▌   ▀██████  ███   ▀██████████
▀▀         ▀▀       ▀▀▀▀▀▀▀▀       ▀▀▀▀  ▀▀▀      ▀▀▀▀▀▀▀▀


██
███
███
███ ██
███ ██
███ ██
███ ██
███ ██
███ ██
 ██ 
  █

.......Whitepaper.......
.
██████████████████████████████████████████████████████████████████████████████████████████████
.
FacebookTwitterBitcointalk
billykannithi
Member
**
Offline Offline

Activity: 67


View Profile
December 04, 2017, 03:56:00 AM
 #2204

The differences between bitcoin and real money is that bitcoin is a digital money, can use on internet, and do transactions directly to person you need to tranfer without through banks, but it is not as popular compared to real money.

Website | Whitepaper
■   ■   ■   ■   ▄   ▀   ▄     ICO ▲ Nov 18th, 2017     ▄   ▀   ▄   ■   ■   ■   ■
ANN Thread      ◆      Twitter      ◆      Telegram
Sihab76
Member
**
Online Online

Activity: 98


View Profile
December 04, 2017, 03:59:50 AM
 #2205

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.
Great real money is a paper forming thing which easily exchangeable for any time anywhere at a certain rate. But Bitcoin is online virtual currency which is not accept many countries. But in future Bitcoin will achieve it glorious position.

randal9
Hero Member
*****
Offline Offline

Activity: 518



View Profile WWW
December 04, 2017, 04:01:43 AM
 #2206

of course we can't compare the popularity of dollars and bitcoins...and perhaps most people will say that the best investments in the world's stable currency are in dollars, but some will offer bitcoins and if you look at it, then understand that you will earn much more if you invest in it...can you believe in it? some believe, some don't...it's up to you


NEUROMATION

▀▀
██
 
██
   
██
   
██
   
██
   
██
▄▄
    █▄     
    ███▄   
    ██▀██▄ 
█▄   ▀  ▀██▄
███▄      ██
██▀██▄    ██
██  ▀██▄  ██
██    ▀██▄██
██▄     ▀███
 ▀██▄  ▄  ▀█
   ▀██▄██   
     ▀███   
       ▀█   
▀▀
██
 
██
   
██
   
██
   
██
   
██
▄▄
....Distributed Synthetic Data Platform for Deep Learning Applications....
▬ ● ● ● ● ▬▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬ ● ● ● ● ▬
Facebook LinkedIn Twitter White Paper Reddit YouTube Medium
▀▀
██
 
██
   
██
   
██
   
██
   
██
▄▄
Gladz29
Member
**
Offline Offline

Activity: 98


View Profile
December 04, 2017, 04:10:39 AM
 #2207

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.
Real money is easy to use when you buy needs, bitcoin you need to transfered to real money to used it but, its not far to have bitcoin automated machine. Its easy and hassle free to buy our needs..

CΛVIΛR       CRYPTO & REAL ESTATE INVESTMENT FUND DIVERSIFICATION & CROWDFUNDING
[ PRE-ICO ▶  Running Now!! ]     [     ICO    ▶  December 12th ]

▐ ██ ███ ████          TWITTER        ●        TELEGRAM        ●        REDDIT          ████ ███ ██ ▌
Botnake
Hero Member
*****
Offline Offline

Activity: 602


Crypterium - Digital Mobile Cryptobank For Everyon


View Profile
December 04, 2017, 05:38:54 AM
 #2208

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.
Real money is easy to use when you buy needs, bitcoin you need to transfered to real money to used it but, its not far to have bitcoin automated machine. Its easy and hassle free to buy our needs..
That is correct, and despite of the popularity of bitcoin you cannot be sure that majority of people will gonna use it and stop using real money or cash.
Real money means it's regulated and we know the value will remain even in the future, therefore it has more trust by the people when they trust the government.



░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀


░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀

▀  Twitter
▀  Telegram
▀  Facebook
▀  ANN Thread
▀  Whitepaper
▀  Website
pathapoddo
Full Member
***
Offline Offline

Activity: 196



View Profile WWW
December 04, 2017, 07:03:13 AM
 #2209

Difference between Bitcoin and real money, of course, there has so many difference. Bitcoin is a digital currency, you can't touch it, can't see it. Other side real money is a centralized currency. You can touch it & see it. But best thing is that bitcoin is not use at any emergency otherside you can use real money for any time from your wallet.

bryant.coleman
Legendary
*
Offline Offline

Activity: 1638


ALGORY.io Crowdsale starts on 8/12/2017


View Profile
December 04, 2017, 07:15:35 AM
 #2210

By "real" money do you mean fiat cash? If that is the case, then you are mistaken. I would not consider fiat cash as real money. It is more like a government run ponzi scheme. The central banks can print as many banknotes as they want, and no one would ever raise a finger. At least for Bitcoin, there is a well defined limit on the maximum number of coins.

.
            ▀███████████████▄▄
              █████████████████
               █████████████████
                █████████████████
                 █████████████████
                  █████████████████
        ▄▄▄▄       █████████████████
    ▄██████████▄    █████████████████
   ██████████████    █████████████████
  ████████████████    █████████████████
 ██████████████████    █████████████████
 ██████████████████     █████████████████
 ██████████████████      █████████████████
  ████████████████        █████████████████
   ██████████████          █████████████████
    ▀██████████▀            ▀████████████████▄
       ▀▀▀▀▀▀ 
ALGORY  Multifunctional Tool for Cryptocurrency Trading 
Join Whitelist and Get 20% Bonus┃CROWDSALE ON DEC. 8
           ░████████████▒
       ░████████████████████░
     ░████████████████████████▒
   ░████████████████████████████░
  ░██████████████████   █████████▒
 ░███████████████      ▒██████████░
 █████████████         ████████████
░██████████            ████████████░
░██████                ████████████▒
░█████████████▒▒      ▒████████████▒
 ████████████████     █████████████░
 ▒████████████████    ████████████▒
  ▒████████████████▒  ████████████
   ░█████████████████ ██████████▒
     ██████████████████████████░
       ▒█████████████████████
          ░██████████████▒
jilani
Full Member
***
Offline Offline

Activity: 196


Best IoT Platform Based on Blockchain


View Profile
December 04, 2017, 07:21:54 AM
 #2211

I know Bitcoin is a digital currency and who people not controlled it.On the other hand Real money means offline money i think and very easily convert to any currency and touchable.Offline money legal by government and Digital currency not legal for every country.

CornHub
Newbie
*
Offline Offline

Activity: 17


View Profile
December 04, 2017, 07:25:17 AM
 #2212

Welcome to Bitcoin and to the Forum!

The questions you're asking are great ones. However, they're also questions that you can find answers to REALLY easily on this forum or Google. I'd encourage you to do some reading here and then come up with some more specific questions.

I can help get you started with some simple answers.

Why would I invest in bitcoin? All sorts of reasons ranging from pure curiosity to love of new technology to investment diversification. Bitcoin is used as currency to buy things and as a store of value, i.e., a place to house your savings with hopes of value appreciation or hedging against the depreciation of stocks or savings held in fiat currency. One example often used is that of Cyprus. Are you familiar with the country of Cyprus and it's severe monetary crisis from a few years back? It was so bad that the Cyprus government controlled how much money their citizens could take out of their banks. Think about that. That government telling you that you can't access your very own money! How scary is that? Bitcoin offers an alternative. No government (currently) can seize control of your bitcoin, this represents safety and security.

What's the difference between bitcoin and dollars? Bitcoin isn't regulated by any government. It isn't created "out of thin air" as fiat currency is. There will only ever be a finite amount of bitcoin, which controls it's value. Once all bitcoin is mined there will be 21 million in existence, that's it. No one can ever create more (as is done every year with fiat currency). When fiat currency is created by central banks they reduce the value of the existing currency in the market, which results in inflation of prices. This is why the price of every day things (that haven't changed in 50 years, like groceries or utilities) have gone up in price over time. There's a lot of other differences, but it's better for you to read up on them.

Why would I gamble with bitcoin? I don't, but if you want to you can gamble for significantly smaller portions of money (like cents as opposed to dollars or tens of dollars). And you can do it from the convenience of your computer.

Here are a few links for you to explore:

Feel free to respond with other questions. I think you'll get better response if you educate yourself a bit first and then come back with more specific questions.

Have you bought any bitcoin yet? Do you have a wallet yet? (If you don't, PM me and I'll set you up and give you some bit[Suspicious link removed]d luck to you!
Bitcoin is a digital money and it is actually decentralized which means no government involved whole real money is touchable and it is organized or managed by the government. Bitcoin can access with the use of your internet and gadgets while real money is not.
RaymanC.
Member
**
Offline Offline

Activity: 61


View Profile
December 04, 2017, 07:56:36 AM
 #2213

Well, in terms of taxes, Bitcoins can even evade them. But depending on the countries strict measure about it. About gambling, there are so many gambling sites that accepts Bitcoins and give Bitcoins in prices as well. And these are equal to a huge amount in terms of fiat. As a matter of fact, the Trueflip lottery is giving more than 400 Bitcoins in their jackpot.

Why invest in Bitcoins? Because it is less risky and the returns of investment is very fast. In less than a year, your investment is already more than tripled. Take a look at Bitcoin's value over the months.

watchbay30
Jr. Member
*
Offline Offline

Activity: 42


View Profile
December 04, 2017, 08:07:22 AM
 #2214

Well, the most important thing is its decentralization and the absence of controlled emissions. No state can take it under control. Till...
Real money is issued,printed and controlled by government of respective country and government impose tax on it and we can't use currency of one nation to other nation . But bitcoin is completely different because it is neither printed nor issued by central government. It doesn't have taxes either so what else difference you want. The best form of money I like it

parassinghal
Member
**
Offline Offline

Activity: 84


View Profile
December 04, 2017, 08:09:26 AM
 #2215

The main difference is that real money can be used with the involvement of banking system where as bitcoin can be used without the banking system because bitcoin works on decentralized network. We can directly send the bitcoins to anybody and anywhere in the world.

Stockus Trading Platform— Join the future of Financial Markets
▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰  
 ◆ Twitter Facebook • • TelegramMedium  ◆
olliepearl
Member
**
Offline Offline

Activity: 75

BITSYNCH COIN-Listed on Idex, Trade in Dec


View Profile
December 04, 2017, 08:22:42 AM
 #2216

Bitcoin is a type of money. It is the first decentralized digital currency. Bitcoin is a form of digital currency, created and held electronically. No one controls it. They are produced by people, and increasingly businesses, running computers all around the world, using software. It is the first example of a growing category of money known as cryptocurrency. Bitcoin is not printed like real money because real money is what we used every day to pay our liabilities, and this includes currency and, to a much bigger extent, our bank account. Money is simply the commonly accepted medium of exchange.

jennywhzz
Sr. Member
****
Offline Offline

Activity: 407



View Profile
December 04, 2017, 06:45:43 PM
 #2217

Well, the most important thing is its decentralization and the absence of controlled emissions. No state can take it under control. Till...
Real money is issued,printed and controlled by government of respective country and government impose tax on it and we can't use currency of one nation to other nation . But bitcoin is completely different because it is neither printed nor issued by central government. It doesn't have taxes either so what else difference you want. The best form of money I like it


Both are currencies but you can't compare bitcoin with money. Bitcoin is a digital currency with no fix price its not in under control. You can use bitcoin only if you have a good internet connection with a computer while the real money can helps you to buy physically things like Food, Cloths, Cars, etc. The real problem is not everyone accept the bitcoin and most of people don't aware about it.

daarul50
Hero Member
*****
Offline Offline

Activity: 742


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
December 04, 2017, 06:54:12 PM
 #2218

Well, the most important thing is its decentralization and the absence of controlled emissions. No state can take it under control. Till...
Real money is issued,printed and controlled by government of respective country and government impose tax on it and we can't use currency of one nation to other nation . But bitcoin is completely different because it is neither printed nor issued by central government. It doesn't have taxes either so what else difference you want. The best form of money I like it


Both are currencies but you can't compare bitcoin with money. Bitcoin is a digital currency with no fix price its not in under control. You can use bitcoin only if you have a good internet connection with a computer while the real money can helps you to buy physically things like Food, Cloths, Cars, etc. The real problem is not everyone accept the bitcoin and most of people don't aware about it.

Both are currencies but the difference is only in the transaction process because real money does not require an internet connection to make transactions while bitcoin is dependent on the internet connection to make transactions. Obviously, this is a difference between bitcoin and real money even though they both have a function as currency or transaction tool.



.
.BITVEST DICE.
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Airdrop Manager
Jr. Member
*
Offline Offline

Activity: 42


View Profile
December 04, 2017, 07:29:30 PM
 #2219

Even today I do not see much competition between Bitcoin and real money. Each of these currencies operates in its field. This is likely to governments and international financial institutions make problems.
futile-resistance
Hero Member
*****
Offline Offline

Activity: 490



View Profile
December 05, 2017, 12:05:02 PM
 #2220

If you only have real money, they will simply remain the same, and they won't grow. But if you transfer them into bitcoins, it will gradually grow, giving you a good profit. You can use the tax for free for your income in bitcoin, if it isn't regulated in your country. You can send huge amounts of money through bitcoin to anywhere in the world instantly with low commissions.

Bitcoin is not the good way to make money easy as your said, you are mistaken this currency as an asset for saving money or investing but always provide profit. You do not warn others the risk of this currency because it is an investment form. As long as it can calls is an investment form, it is not safe.
Yes, These are few of the advantages you enjoy with bitcoin and which are not offered by paper money. Bitcoin is the latest trend in the economy and is far better than traditional currencies. The biggest edge that bitcoin have over these conventional currencies is that bitcoin is having dual nature.

At a time, you can use it as a currency and treat as investment as well. Simply by holding bitcoin, you can earn thousands of dollars.

Pages: « 1 ... 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 [111] 112 113 114 115 116 117 118 119 120 121 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!