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Author Topic: Difference between Bitcoin and real money?  (Read 113828 times)
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November 27, 2016, 10:22:10 PM
 #361

there is good example of bitcoin and real money we can use bitcoin for online shopping for online website who sell their product for online and real money we can be use for local shopping in local shops and real money have physical shape.
yes actually the number of bitcoin users are very low, so we can expect in future when the  number of bitcoin users will increase then bitcoin will certainly give us some useful facilities, and we will be able to use bitcoin as fiat in local market for buying and selling good and for so many other activities.
we hope so but honestly , you will never know if then bitcoin can survive ,
in the future there is two possibility as satoshi have stated ,
1. bitcoin getting bigger and valueable , 2. bitcoin dissapeared priceess ,
but if bitcoin survive and become the next real money well done , digital age really come true completed.

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November 27, 2016, 10:25:59 PM
 #362

The main difference is that Bitcoin is decentralized, and can be easily stored and sent over the internet. You can send fiat money using banking systems, but the cost for such services is much higher, in addition they are centralized.

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November 27, 2016, 10:34:42 PM
 #363

The main difference is that Bitcoin is decentralized, and can be easily stored and sent over the internet. You can send fiat money using banking systems, but the cost for such services is much higher, in addition they are centralized.

Yeah it's a difference that is quite true, but it's not something all the things that make us say that bitcoin is not going to be the right thing. Because the bitcoin is the place to get advantages for all of us, so all of the things that we get in the bitcoin wouldn't be a bad thing, as long as we can do it the right way and did nothing wrong in using it. So, although the bitcoin will not be recognized by most people but he would still exist because the system used is highly relevant to all people


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November 28, 2016, 01:45:24 AM
 #364

bitcoin is digital currency which can be use for online websites and online shopping and real money is fiat which can be use for direct shopping and real money have physical shape and real money can be store in bank.

These bitcoins if you want can convert them into real cash with a small fee, so I think both of them are having the same value. Bitcoins got additional benefit is can be considered as an investment because its prices will grow slowly over the time and faster compared to any other fiat currencies in the world.

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November 28, 2016, 05:29:54 AM
 #365

bitcoin is digital currency which can be use for online websites and online shopping and real money is fiat which can be use for direct shopping and real money have physical shape and real money can be store in bank.

These bitcoins if you want can convert them into real cash with a small fee, so I think both of them are having the same value. Bitcoins got additional benefit is can be considered as an investment because its prices will grow slowly over the time and faster compared to any other fiat currencies in the world.
Considering without exchange will happen these two have a big difference for bitcoin it can only spend it online and it is decentralized currency without physical while real cash or fiat it much usable for more people specially for those people who can not access bitcoin.
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November 28, 2016, 05:51:50 AM
 #366

Bitcoin earn in online way while dollar earn in physical way
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November 28, 2016, 06:10:13 AM
 #367

I think the main difference is freedom and control of your own wealth, just imagine I have transact with Bitcoin this morning with ease and very low transaction cost, and also sure that my information will not be stored and used by anyone


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November 28, 2016, 06:35:48 AM
 #368

I think the main difference is freedom and control of your own wealth, just imagine I have transact with Bitcoin this morning with ease and very low transaction cost, and also sure that my information will not be stored and used by anyone

You are wrong with it, if you are using coinbase I have read some news that the US government is obliging coinbase to get the information of their customers.

The transactions covering year 2013 up to 2015, I'm not that updated if that is really a real news. That's the difference of bitcoin and real money.

Transactions in real money are charging high fees unlike with bitcoin fees are very cheap.
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November 28, 2016, 06:48:07 AM
 #369

There is lot of difference. I mean there is harldy any similarities between real money and bitcoin. Both have common line that is both are money and except that there is nothing similar between them. One have tax other don't. One is centralized and other is decentralized.
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November 28, 2016, 07:10:58 AM
 #370

in my mind, the big difference between bitcoin and real money is bitcoin can be use in online world and not much store online that will accept bitcoin as their payment, and real money can be use in offline world and online world, and for the store, there is all store offline that will accepting money as payment. real money can be transferred into online world so real money have 2 benefit for us to use it, online and offline world.
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November 28, 2016, 08:24:12 AM
 #371

I think the main difference is freedom and control of your own wealth, just imagine I have transact with Bitcoin this morning with ease and very low transaction cost, and also sure that my information will not be stored and used by anyone

You are wrong with it, if you are using coinbase I have read some news that the US government is obliging coinbase to get the information of their customers.

The transactions covering year 2013 up to 2015, I'm not that updated if that is really a real news. That's the difference of bitcoin and real money.

Transactions in real money are charging high fees unlike with bitcoin fees are very cheap.
coinbase is not the only wallet available in bitcoin world and if coinbase was proven storing information about their customers just simply don't use it. use a usual desktop wallet or even hardwallet wallet then everything will be fine. though the transaction will always saved on blockchain means will be there forever


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November 28, 2016, 10:00:25 AM
 #372

So, how are you going to anticipate to have a ION Z pointy thoughts in case you do not paintings it out?  mind health physical activities consist of everything from crossword puzzles to doing simple duties, like consuming, along with your contrary hand. the entire point of those mind sporting events is to make your thoughts attention on completing a assignment.  of direction, even global magnificence athletes do not depend upon diet and workout by myself. http://testoupmaxfacts.com/ion-z/


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November 28, 2016, 10:42:19 AM
 #373

Bitcoin is more of a secure online sort of bank. The price changes quite a lot and you could profit from it.

Posted From bitcointalk.org Android App
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November 28, 2016, 05:10:00 PM
 #374

Bitcoin is more of a secure online sort of bank. The price changes quite a lot and you could profit from it.

Posted From bitcointalk.org Android App
Places where Bitcoin really need to pay for a purchase or make a transfer of funds, not so much. In this sense, the value of "ordinary" local currencies are fairly obvious.
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November 28, 2016, 06:43:02 PM
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So, how are you going to anticipate to have a ION Z pointy thoughts in case you do not paintings it out?  mind health physical activities consist of everything from crossword puzzles to doing simple duties, like consuming, along with your contrary hand. the entire point of those mind sporting events is to make your thoughts attention on completing a assignment.  of direction, even global magnificence athletes do not depend upon diet and workout by myself. http://testoupmaxfacts.com/ion-z/



As long as no one is willing to part with paper money because it is everyday spending - one of the main bastions of cash. The owners of the numerous stalls, tents, lounging and stalls do not want to spend money on terminals to read the cards, so if you want to eat ice cream or to buy vegetables at the market, pay is likely to have cash.
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November 28, 2016, 08:10:13 PM
 #376

Probably the most attractive feature of paper money - their unity. Denominations can be put in different wallets and even hide in the pocket and deal with them is still easier than with multiple accounts in payment services and banks. Several companies are working on in order to reduce the "digital" money to a common physical denominator.
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November 28, 2016, 09:02:57 PM
 #377

I think the main difference is freedom and control of your own wealth, just imagine I have transact with Bitcoin this morning with ease and very low transaction cost, and also sure that my information will not be stored and used by anyone

You are wrong with it, if you are using coinbase I have read some news that the US government is obliging coinbase to get the information of their customers.

The transactions covering year 2013 up to 2015, I'm not that updated if that is really a real news. That's the difference of bitcoin and real money.

Transactions in real money are charging high fees unlike with bitcoin fees are very cheap.
coinbase is not the only wallet available in bitcoin world and if coinbase was proven storing information about their customers just simply don't use it. use a usual desktop wallet or even hardwallet wallet then everything will be fine. though the transaction will always saved on blockchain means will be there forever
Future uniquely for digital money. Already Using your smartphone, you can download the full Coin "images" of any financial cards (debit, credit, storage, coupon and so on) and switch between them with a simple flick of your finger. Line with this feature for a long time copes PayPal and its many competitors.
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November 28, 2016, 10:02:38 PM
 #378

For me, Bitcoin is primarily a commodity that you can earn and buy, and that brings real money. So I'll try to make Bitcoin to spend paper money for its own needs. Otherwise still does not work on another.
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November 29, 2016, 09:44:51 AM
 #379

To put thing simple we use real money every day and we cannot (still we cant use it) bitcoin. There are some exceptions but for now thing are as they are. Still if we want to spend bitcoin most of us here change that to real money reason there are not so many shops/stores that can accept bitcoin (in my country not a single one we had one atm but that was broken).

Unfortunately we need still real money in case cuz 99% of every day purchase we do with real money so this may be simple answer for now.



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November 29, 2016, 10:17:35 AM
 #380

In present situation both are currency only, bitcoin is digital currency and real money is always real. But coming to your question bitcoin has highest when compared to your real currency, to make more definitely you need to take charge for investing into bitcoin are some thing which you know very well. But you will make more money with bitcoin definitely but you need to have lot of patience.

Nothing is gain without pain and hard work my friend.


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.ITEMS' VALUE AND OWNERSHIP IN THE BLOCKCHAIN.










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.PRE SALE▬...
14th May 2018
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