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Author Topic: Difference between Bitcoin and real money?  (Read 114067 times)
Biargriond
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March 11, 2018, 01:46:34 PM

Bitcoin is known as advanced cash which utilized and acknowledged among the individuals from a particular (virtual) group. So there have some impediment cause it's not viewed as "genuine", physical money.On other hand,we can't utilize different monetary standards with the exception of our national cash.
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March 11, 2018, 01:54:20 PM

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 difference of bitcoin between real money is, the real money is stable and all of the people around the world know what is real money, while bitcoin is not stable because we dont know if bitcoin is a lifetime, and not all of the people knows about bitcoin, but there is also a lot of people that is using a bitcoin and become rich.

lesinset
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March 11, 2018, 02:04:05 PM

More options. If you haven't known yet, there are things you can do to earn bitcoin without putting your own money and invest it to bitcoin as soon as you earn it. There's this thing called campaign and you learn a lot more about it as time flies and in many more ways.

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Russlenat
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March 11, 2018, 02:10:04 PM

More options. If you haven't known yet, there are things you can do to earn bitcoin without putting your own money and invest it to bitcoin as soon as you earn it. There's this thing called campaign and you learn a lot more about it as time flies and in many more ways.

Bounty campaign is the solution to have bitcoin without investment from your own money, more bounty hunters nowadays are millionaire due to their hard-work here.

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Firdausiii
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March 11, 2018, 02:25:56 PM

I think the biggest difference really is the acceptance.
While obviously cash is accepted ANYWHERE in the world, bitcoin is not even close. Most people still don't even have an idea what cryptocurrency even is.

Of course bitcoins are also digital and you can't put them physically in your wallet, but that factor doesn't matter that much anymore in a world of credit cards and mobile payments.

There are times when the fiat currency is supported by gold, but now it is no longer available. In my opinion, Bitcoin is real money. Some fundamental differences are that Bitcoin is decentralized and supported by blockchain technology, which is supported by math and cryptography, while fiat currencies are supported by a centralized government
Sonai Moni
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March 11, 2018, 03:53:51 PM

Bitcion and real money  bith are currency. Bitcoin is digital income way. Also bitcoin is a digital currency and other local currencies we are using is normal currency with which we can purchase or do anything we need. As BTC is a digital currency, we can only shop or do anything only online. But with local currencies, we can do more pr lot where we live.   
karsy
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March 11, 2018, 06:04:25 PM

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 not just a currency. This is a new stage in the development of Internet technologies. By investing in it, we invest in our future.

karsy
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March 11, 2018, 06:05:47 PM

Bitcion and real money  bith are currency. Bitcoin is digital income way. Also bitcoin is a digital currency and other local currencies we are using is normal currency with which we can purchase or do anything we need. As BTC is a digital currency, we can only shop or do anything only online. But with local currencies, we can do more pr lot where we live.   
We can produce more actions with fiat money. But the world is developing. Now we pay a lot of debit card. This is also virtual money.

bitcoinbot
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March 11, 2018, 06:30:24 PM

The difference is very clear bitcoin is a virtual or digital currency and while real money is the original currency which use in around the world to transaction each other that can be used directly that each sheet of money has a value.
Activitycoin
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March 11, 2018, 09:05:53 PM

More options. If you haven't known yet, there are things you can do to earn bitcoin without putting your own money and invest it to bitcoin as soon as you earn it. There's this thing called campaign and you learn a lot more about it as time flies and in many more ways.

Bounty campaign is the solution to have bitcoin without investment from your own money, more bounty hunters nowadays are millionaire due to their hard-work here.
It is the free money making, joining the campaigns can make you earn high amount of profit but you will not have to invest anything, for this you will be able to use all of your skill constructively and it will generate high amount of profit for you every month as a salary, u use to save my bitcoin salary for investment in bitcoin, and it is really improving my way of life, now I can say I am a rich and an affording member of my family and it is all just because of bitcoin.


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Vintaages
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March 11, 2018, 09:09:18 PM

Bitcoin is known as digital currency,sometimes people say digital asset. Talking about btc as digital currency, there is no central bank behind it as supporting institution. No centralized regulator that is fully responsible. It works with decentralized system using blockchain technology. Btc can be converted to local currency and also can be used as payment method but in several countries don' t accept it. While in real money, what we have is the opposite of them.
Yes several countries not accepting bitcoin. But as with time the popularity of bitcoin grows they will start bitcoin as a payment system. The main difference between bitcoin and real money is bitcoin is digital crypto currency and real money is virtual and traditional currency which is used as a payment system and exchange of good and services.
aoebtc01
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March 12, 2018, 02:10:42 AM

Bitcoin is a tool, such as share, stock... We can invest in Bitcoin for trading to get profit.
Bacotan Bae
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March 12, 2018, 02:38:57 AM

I think the difference between bitcoin and real money is a physical form, we all know that real money is paper or metal so we can hold it, but bitcoin is no physical form because it only works on internet network, of course bitcoin weakness is not much accepted for transaction directly.


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March 12, 2018, 02:45:55 AM

Bitcoin is a digital currency, while real money is a real paper currency. real money currency that is always in use all over the world for cash payments. and bitcoin just to invest. but can be made into the form of paper money in exchange for real money.
Makka
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March 12, 2018, 06:33:01 AM

Bitcoin is real money too based in the internet where huge companies larger than Walmart exists. There is a reason why bitcoin price went up big since its launch because it offers better than fiat online. Plus imagine buying bitcoin at those low price before. You might not even want to lose it anymore. Grin
Jake Virus
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March 12, 2018, 06:38:10 AM

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.

I think there are no difference except on bitcoin being a digital money that can't be touch and real money being a paper money that can be touched. It is just the same, i think, it is both money for me

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March 12, 2018, 06:57:16 AM

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 a huge difference to real money, because bitcoin can not afford to buy real money, bitcoin can only be replaced with different coins or currency, but real money can buy what you want and you can replacing different currencies.

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mankind server
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March 12, 2018, 03:56:35 PM


Both are currencies. Bitcoin is a digital currency and other local currencies we are using is normal currency with which we can purchase or do anything we need. As bitcoins is a digital currency, we can only shop or do anything only online. We can shop around and do more things online. But with other local currencies, we can do more / lot where we live
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March 12, 2018, 04:15:15 PM

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pushups44
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March 12, 2018, 04:18:16 PM

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?


No one, in my view, should put all of their eggs in one basket. Bitcoin is a bit of a mystery for many because it is an emerging technology and asset. It is just now being defined, and is actually defining itself according to its unique roadmap. Bitcoin is an asset worth considering if you believe that the future is digital and cashless.


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