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Author Topic: Difference between Bitcoin and real money?  (Read 113868 times)
loof99
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January 16, 2018, 05:21:32 PM
 #2681

The difference of Real money in bitcoin are: real money can buy foods, cloth,cars and many more while bitcoin Is the currency inside the cyber world that you need to convert in real money before you can use to buy in the real world. Real money can pay transportation fair while bitcoin doesn't even if it has a higher value than real money.

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January 17, 2018, 06:31:30 PM
 #2682

Money that is tangible has a stable value indicated in its print while Bitcoin is both a money and currency that changes depending on the market trends.
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January 17, 2018, 06:39:45 PM
 #2683

The difference between bitcoin in money is the money you have and you can pay when you buy something. but the bitcoin will wait for a few months before you can cash out. But consider how much cash you personally handle. You get a paycheck that you take to the bank – or it’s autodeposited without you even seeing the paper that it’s not printed on. You then use a debit card (or a checkbook, if you’re old school) to access those funds.
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January 17, 2018, 08:14:17 PM
 #2684

Bitcoin have better qualities than fiat money system. You can use bitcoin as an investment by just holding it. It value may go higher unlike fiat money. The value of fiat money is centralized which is controlled by government so its value is just constant unlike bitcoin.

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January 17, 2018, 08:14:56 PM
 #2685

Bitcoin as a digital money has the tendency of high price increase compared to any real money.

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January 17, 2018, 08:38:40 PM
 #2686

the main difference is your money will lost  value while in bitcoin your money will increasing day by day.
Bitcoin fast and security. real money need bank

That's pretty much it in a nutshell. The US Petrodollar is losing dominance in the world while Bitcoin is gaining value globally. Also, since Bitcoin has a cap of 21 million, any amount you have will still have future value. Once the dollar dies, all those dollars will flood back to the US and will be worthless.
What the hell? Dollar dies? Do you think that future will happen? If your future will be true, the U.S government will collapse by some reason and the world will be panic, I can be sure that because U.S is not a small country and its economy can effect a lot of countries on the world.
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January 18, 2018, 03:11:47 PM
 #2687

In order for ordinary money to appear on the account in electronic form, they must first be physically deposited into the account, for example, through a bank or payment terminal.
That is, for ordinary currency, the electronic form is one of the forms of physical incarnation.
Crypto currency is issued directly on the Internet and is not connected in any way with any ordinary currency or with any state currency system.
Crypto currency is a kind of electronic money.
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January 18, 2018, 03:17:39 PM
 #2688

Many things are different from bitcoin and regular money, but the most visible are value, stock and control. the value of money continues to fall due to various factors such as inflation, while bitcoin continues to rise. regular money stocks can be increased or reduced according to country policy while bitcoin stock is fixed.
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January 18, 2018, 03:19:54 PM
 #2689

Biggest benefit of bitcoins is the returns you will get. If you compare it with other forms of investment, bitcoins offers highest returns.
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January 18, 2018, 03:29:21 PM
 #2690

If the bitcoin is digital money where the amount of Bitcoins is limited to 21 million. It is based on each Bitcoin will be divided into eight decimal places. While the amount of fractional Bitcoins is called "satoshis". If the conventional currency, on the other hand, can be published indefinitely.
Cheaper Transaction Fee: Transactions in bitcoin do not cost a fortune, even Bitcoin transactions can be done anywhere, to any country at a relatively smaller and faster cost. Unlike the conventional currency if the transfer process is made to different countries will cost big and take longer.
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January 18, 2018, 03:33:20 PM
 #2691

bitcoin and real money the same currency, the only difference is bitcoin is digital eye whereas real money is the other local currency. local currency is used directly by us to freeze buying goods directly in our residence, while digital money money we use to buy goods and everything but through online and even we do something online. if the local currency is used for anything but done where we live, the principal of his two currencies is the same we need for daily needs. Grin

bitcoinFPT
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January 18, 2018, 04:33:42 PM
 #2692



There is a big different between bitcoin and real money


Money


- The government can not control
- existed for a long time
- recognized by many people
- Can be used for daily shopping
- its value can not rise fast
Bitcoin   
- The government can control
- Appears in 2010
- only some governments accept
- can not be used for daily shopping
- Its value is rising fast
Bitcoin provides us with a way to get better ways to do business.so the people want to buy Bitcoin than buy dollar




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January 19, 2018, 02:03:07 AM
 #2693

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 is a decentralized, globally universal electronic cryptocurrency that does not require third-party organizations or individuals based on blockchain as payment technology. In short, it is a virtual digital currency. The actual currency is issued by a single, powerful issuer based on actual productivity and product value in a given region.
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January 19, 2018, 02:38:57 AM
 #2694

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 is a decentralized, globally universal electronic cryptocurrency that does not require third-party organizations or individuals based on blockchain as payment technology. In short, it is a virtual digital currency. The actual currency is issued by a single, powerful issuer based on actual productivity and product value in a given region.
And Bitcoin is not that popular compared to real money but in the future we will see more people gonna be adopting with it.
Blockchain is very transparent, it will help reduce the cost of labor for business who want to employ this in their system so I think they will aim to minimize the cost to increase their profitability.

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January 19, 2018, 02:47:30 AM
 #2695

Bitcoin gives you proof of transactions that cannot be tampered unlike real money that once you misplace or lost your transaction proofs, it easy to alter like in car or houses.

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January 19, 2018, 02:50:38 AM
 #2696

why not you said the bitcoin is a real money, bitcoin itself is a real money, but there is diffrence between fiat money and bitcoin.real money is regulated by the government and every transaction as well.Bitcoin can do large and limited transactions I think.
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January 19, 2018, 03:11:48 AM
 #2697

I only know that Bitcoin is a cryptocurrency that protects our privacy, is not easily stolen or copied, and is not easily controlled by the government.

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January 19, 2018, 03:15:11 AM
 #2698

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?

lets make things reversed,why would i convert my bitcoin to money?the answer is maybe i need something to pay but the difference is my bitcoin earns profit as time goes by.while your money will remain ony if you just leave it into your pocket.thats the difference between the two

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January 19, 2018, 03:25:15 AM
 #2699

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?



You have a point in your questions but if you go deeper in to being a crypto you will realize that it is a good investment.
Its just normal to be skeptical many of us did when we heard bitcoin for the first time but there so much hype on bitcoin right now so i started to be interested in it. Before i invested in bitcoin i studied it first.

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January 19, 2018, 03:34:27 AM
 #2700

@Targusluxe
It will be a good investment if you do your research as well. We know that not all cryptocurrency are worth investing. So, many focused on the already known crypto markets which then, they will prepare their selves for the market assessment whether when to buy or sell. I'm also skeptical at first because it's not the same as real currency or what we know as money.

We understand the difference between Bitcoin and real currency is that the currency exists or governed by a government which regulates the money while Bitcoin is virtual. Often, many skeptics think it's sort of imaginary or virtual money or even linked to scam and most likely stay away from any cryto.
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