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Author Topic: Difference between Bitcoin and real money?  (Read 114049 times)
hatha way
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March 14, 2018, 08:03:32 AM
 #3361

The real money is what we see and can hold in our hands but bitcoin is not completely invisible
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pankowri
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March 14, 2018, 08:19:38 AM
 #3362

Although both of them are currency but both have different acceptance.You can use it anytime,anywhere and for your instant need.If you want you can keep it in your own hands or keep it in the bank.You can invest anywhere such as gold,real estate,shares,debentures,zero coupon bonds etc.And Btc is a digital currency that doesn't require any tax or stolen and can't be invested everywhere.And its price goes up and down.

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March 14, 2018, 06:57:07 PM
 #3363

There are quite a few differences between bitcoin and fiat but some of them are: the possibility of sending any amount of money for a very small fee all over the world, this is a great advantage over fiat, the pseudonymous nature of bitcoin offers privacy from the eyes of banks and governments, bitcoin can be used to carry great amounts of money on you without anyone knowing about it including banks and governments, the same cannot be said about credit cards and having a lot of fiat or gold with you is suspicious for some authorities.
frank2018
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March 14, 2018, 07:00:42 PM
 #3364

The biggest difference of money from bitcoin is that tangibility. Money is tangible while bitcoin is not. Also, in the financial/government aspect it the centralization. Money is centralized while bitcoin is decentralized.
Mantisa83
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March 14, 2018, 07:02:24 PM
 #3365

Btc is being chain down by these futures, and other parties interested in monopolizing the price, keep that in consideration as your investing.
hazznel
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March 14, 2018, 07:02:45 PM
 #3366

If we consider the issue on its merits, the things so that almost all that I get out of cash, it is real money. I can spend it in any place and at any time of the day. But if you take for example bitcoin, there where I dwell, for bitcoin practically nobody has heard, not to mention the fact that the stores took them as payment.
SadEmo
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March 14, 2018, 07:41:07 PM
 #3367

Bitcoin is better than real money Grin
But honestly bitcoin is decentralized and this is the main difference between real money and btc.
oviudiu
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March 14, 2018, 07:44:49 PM
 #3368

there 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
chrsjrcj
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March 14, 2018, 07:51:53 PM
 #3369

It is not difficult to distinguish between bitcoin and realm money, but the most visible is the centralization for real money whereas bitcoin uses decentralization, it has a big impact on value or price, centralization will make the price easily determined but decentralization is only a decisive market.
Games.Bitcoin
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March 14, 2018, 08:17:25 PM
 #3370

In the end the primary difference is control and reliability in the end you wont have bitcoin loans floating around that a bank would do and you'll never be in a position in the case of people not repaying their loan causing banks to crash. Then there's the privacy offered by Bitcoin and the decentralization which removes money from governance.

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March 14, 2018, 08:17:44 PM
 #3371

As they say that the bitcoin what it isn't tied up by while fiatny money, is tied up by both gas and gold, and oil, is a pity that people can be mistaken, the bitcoin is the future of all mankind, to leave on a background it won't turn out any more, he anywhere and everywhere.

focmere
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March 14, 2018, 08:21:46 PM
 #3372

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

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March 14, 2018, 08:28:31 PM
 #3373

If we consider the issue on its merits, the things so that almost all that I get out of cash, it is real money. I can spend it in any place and at any time of the day. But if you take for example bitcoin, there where I dwell, for bitcoin practically nobody has heard, not to mention the fact that the stores took them as payment.
Once there were no ATMs and there were no plastic cards and not everywhere they could be paid, although now there are places where you will not receive a plastic card. Today almost everyone has a plastic card tied to a bank account. But the world of money is revolutionizing and if a few years ago almost no one heard about bitcoin, now more and more people want to learn about bitcoin more and buy it in order to use it as payment for purchases and services on the Internet.

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kakoli akter jhumu
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March 14, 2018, 08:29:47 PM
 #3374

The difference between them is...Bitcoin is a virtual currency that is conducted by peer to peer network.It is intangible.And the currency is stored in a digital wallet.On the other hand real money is that we can touch in a form of paper or coin.
AnnaGeraMsk
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March 14, 2018, 08:42:13 PM
 #3375

I'm for bitcoin, it's convenient and grows in price of course and falls, but overall the dynamics are good, new altcoys are also pleasing, but not all, and now money has become the instruments of the hands of politicians!

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LuvCyanide
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March 14, 2018, 08:51:17 PM
 #3376

Bitcoin is a digital currency. Bitcoin can be mined, and the dollar can not. The dollar will not be able to soar as high as Bitcoin.

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March 14, 2018, 09:03:19 PM
 #3377

It most preferred to convert your $ to bitcoin because when you have bitcoin you are also having  asset that has a great value and will increase at any point in time but the dollar is some how limited n it come to interest generation. Bitcoin can be use for payment any where in the world but the dollar is restricted to some locations.

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