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Author Topic: Difference between Bitcoin and real money?  (Read 114048 times)
Peashooter
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January 08, 2018, 05:40:47 PM
 #2621

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.
There are lot of differences between bitcoin and real money like bitcoin doesn't have exact value and the price is volatile where it always change while real money has an exact value on market. In addition to that, bitcoin can be used in online market but real money can be used in offline and online store.

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January 08, 2018, 09:57:58 PM
 #2622

bitcoin is a digital currency and other is local currency which we use everywhere to buy most of the things. bitcoin is a electronic money it is fast and worldwide acceptable.Both has different attributes in its features between bitcoin and real money.
The difference between bitcoin and real money are:  Bitcoin is digital asset, and real money is not, Real money is old way for trading, and bitcoin is new way for trading, Bitcoin is easier for international trading, and real money is only habit way for trading.
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January 08, 2018, 10:08:16 PM
 #2623

Bitcoin and real money have the same value. You can also grow them depending on where,when,and how will you invest it. It's just that I think it is easier and faster to to earn using bitcoin.
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January 09, 2018, 01:23:07 AM
 #2624

For me the difference between bitcoin and the real money is their actual physical form wherein bitcoin is just a digital or virtual currency and has no shape or physical form it exist only in areas which has an internet or mobile connection other than then bitcoin along with the other cryptocurrencies will never exist. Real money also is the one the we are very much accustomed to and it has many physical forms such as in checks, bills or coins and it can be used where ever you may be even if the place is with or without internet connection.

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January 09, 2018, 01:44:39 AM
 #2625

Bitcoin is a cryptocurrency type. Bitcoin is the first non-centralized digital currency.
Like money in general, Bitcoin can be used to store wealth and to purchase goods electronically.
The difference between Bitcoin and other money (such as Rupiah, Dollar and Euro) is the circulation of Bitcoin not regulated by the central bank.
Bitcoin is decentralized. The point is that the records of Bitcoin transactions are spread across multiple computers (ledger / database) scattered in the Bitcoin network. So the database contains how many Bitcoins belong to A, how many Bitcoins receive B to C, all transparent and caught on computers scattered in the Bitcoin blockchain network.
Bitcoin can be transferred in a peer-to-peer manner without being trusted to a third party (such as a bank or credit card network). This function can be achieved because the database is spread over the blockchain as above.
Computer machines that record Bitcoin transactions commonly referred to as miners (miners). The miners were given Bitcoin's sale value for their work.
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January 09, 2018, 02:01:53 AM
 #2626

Bitcoin is anonymous and highly secure, built and used on a blockchain basis, operating on the internet. Real money is widely used and must be brought with you, it is not secure, you have to pay tax when the income is certain, used to exchange in society for a long time. The real money is very popular but it starts to show limitations so bitcoin is born and captures the love of many people.

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January 09, 2018, 10:17:14 PM
 #2627

Listed below are the difference between BTC and real money
1. With Bitcoin you do not have to work for it to multiply,Just hold and you enjoy regular increase unlike real money,holding it does not add value to it
2. Privelege of privacy: your worth in the global world can be know by all with real money, where as Bitcoin give you the privilege of privacy.

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January 09, 2018, 10:34:36 PM
 #2628

Your money does not earn you interest if you keep it but bitcoins do earn you interest if it appreciate in price.Inflation can affect your real money and it will become valueless if not investment in any financial instrument. But bitcoins don't lose in value though it might go down,but will definitely go up again.
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January 09, 2018, 10:38:55 PM
 #2629

Bitcoin is more like an asset than a kind of money. It is ever growing anf it changes it prize from time to time. Bitcoin may be use to as a form of payment for both goods and services. Surely, holding bitcoin is more wiser than really using it just like a normal money.

Personally I keep on holding bitcoin and much as possible I want to convert ny money into bitcoin as much as I can afford.
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January 09, 2018, 10:52:47 PM
 #2630

Difference between bitcoin and paper money, Bitcoins are type of coins which are commonly present in digital world, Bitcoins has no formed or shape it is intangible thing, compared to paper money has its formed and shape, it can easily torn into pieces if we wanted to.  Wink
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January 09, 2018, 10:56:02 PM
 #2631

Bitcoin is not yet commonly accepted, while money is simply the accepted unit of exchange. It is not fair to call it money, however, bitcoin currently is a currency. Should it gain popularity amongst the general population it could be considered a form of money. There are many differences between bitcoin and real money. Money is traded like any other commodity, although a particular country’s currency value can be propped up or diminished through actions of their central bank. Bitcoin is an alternate currency that is also traded and its value, like that of other commodities, is determined through trade, but is not held up or diminished by the action of any bank, but rather directly by the actions of its users.

In the end, these terms are somewhat subjective and are defined differently in different schools of economic thought. Bitcoin not exactly a new thing in Creation, but it certainly is a new way for money to be created.
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January 09, 2018, 10:58:02 PM
 #2632

The difference between bitcoin and real money is the bitcoin of digital currency while for real money the real currency. one more thing that is most striking is the value of bitcoin is very volatile while for real money its value remains.

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January 09, 2018, 10:58:25 PM
 #2633

The difference between the bitcoin and the real money is it's physical appearance or the shape. Bitcoin is a digital currency or virtual currency wherein you can use it by the help of your gadgets and internet connection while the real money can use with your hands to buy anything. Bitcoin is used for money transaction. You can invest without putting out your own money to earn profit unlike the real money.

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January 09, 2018, 11:07:13 PM
 #2634

The main difference between bitcoin and paper money is bitcoin was a tax free currecy. In other word bitcoin is not connected to bank. Bitcoin is an online currency that allows holder and user to pay and sell items or even bitcoin itself hassle free and less time needed
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January 09, 2018, 11:19:57 PM
 #2635

Many difference between bitcoin and real money. Most of the difference real money expanse anytime anywhere but bitcoin does not use/expenses anywhere.

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January 09, 2018, 11:35:24 PM
 #2636

you can use real money everytime and everywhere, bitcoin need internet connection. we still need real money daily and bitcoin for investment.
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January 10, 2018, 02:45:42 AM
 #2637

In my own personal view between bitcoin and real money is that bitcoin only exist to any part in the world which only have internet connectivity other than that then bitcoin will never exist at all since bitcoin is only a virtual currency who has no form at all or any physical form, it is just a digital currency in our digital world. Real money on the other hand is the most commonly used and accepted currency in the whole world even with or without internet connectivity.

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January 10, 2018, 03:00:03 AM
 #2638

In my own personal view between bitcoin and real money is that bitcoin only exist to any part in the world which only have internet connectivity other than that then bitcoin will never exist at all since bitcoin is only a virtual currency who has no form at all or any physical form, it is just a digital currency in our digital world. Real money on the other hand is the most commonly used and accepted currency in the whole world even with or without internet connectivity.



i dont think so because as i can see bitcoin these days can now possible work offline or in a real world environment as it is now accepted by most countries and they are now legalizing bitcoin to be used on some major establishments therfor its now possible for bitcoin to work without the need of intenet connection.  the only difference is that real money has a physical form but bitcoin dont have however maybe devs and inventors can soon developed a physical version of bitcoin so that it can now trully be used anywhere or everywhere in any ages.

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January 10, 2018, 03:34:21 AM
 #2639

Yes you are right that you can buy stocks directly without converting to bitcoin but bitcoin is the mother of all crypto currency meaning it holds the highest value among others if you converted your $ into bitcoin youll gain more then buy stocks using bitcoin because that is available and makes more sense for more gain. The difference between Bitcoins and dollars is that bitcoin is a digital currency that means it is more transferable and profitable also without use of third party programs or company,  however dollars also changes but little unlike bitcoin.

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January 10, 2018, 03:36:45 AM
 #2640

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?

Theres a big difference between money and bitcointhe example is if you have bitcoin money will become more cheap because bitcoin is more than money but you canoot get more money even you have a bitcoin if fiat doesnt acxept this . So i think both of two is usable and profitable from each other.

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