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Author Topic: Difference between Bitcoin and real money?  (Read 110617 times)
Carlsen
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December 12, 2016, 09:07:31 PM
 #481

Some basic difference which I think is -

- Your money could be accepted in your country as it may not be accepted currency across.
- Btc could you used eveyrwhere around the globe unless country has ban it.

- BTC you can invest and price may rise in future.
- Keep money like this only will not yield anything.
bitcoin is just accetable wordwide but only in the internet but local currency or real money acceptable in our country but in other place are not but you can be  still exchange it is just the same as bitcoin that you can be still exchange it in order to deal locally or use it to buy locally.. bitcoin has still limitation.. and they are still preferring local currency to use than bitcoin..
You don't have to give any personal details when you want to open a wallet for bitcoin.
Revercing a bitcoin transaction is not possibel (what I think is a good thing).
No government controles bitcoin. And inflation with bitcoin is very unlikely.

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December 12, 2016, 10:59:07 PM
 #482

Bitcoin is digital money and cannot be touched and real money is a paper money where we can touch it physically.
Looks like you are forgetting that the fiats currencies, which is what they are referring to as real money here have also been existing as digital currencies even till this moment. Or what shall we call our money with exchanges like Perfect Money, Paypal, creit/debit card, etc? If you look closely, you won't miss to see that the real difference lies on the fact the authorities do not have their way in manipulating and enslaving people with bitcoin as they do with the fiat currencies.

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December 13, 2016, 05:24:19 AM
 #483

The main difference in BTC and real money is that bitcoin is a cryto/digital currency which can also be used ilegally, And sometimes you can also be saved from bank trasactions . and the real money i would say is a currency by which you can buy goods or anything online and offline.

How about real money? It is also being used illegally too. And how about bitcoin, you can also use that for buying good online and offline. So, I say that they have both uses but they have difference in appearance. Bitcoin is digital money and cannot be touched and real money is a paper money where we can touch it physically.

I agree both of them has its own features too. You can store your bitcoin in a mobile wallet where a real money you can't. You need to put them in banks. And pay some fees in it. Bitcoin has smaller fees than paper money. And transactions with bitcoin is very convenient which you can't do in paper money.

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December 13, 2016, 05:40:31 AM
 #484

there are real big difference between bitcoin and real money  bitcoin is digital currency which is wildly use on the internet and also use by some few people for the exchange for real money, real money this is the money that is generally accepted by everyone in a community or in a placed can be presented anywhere
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December 13, 2016, 06:32:06 AM
 #485

there are real big difference between bitcoin and real money  bitcoin is digital currency which is wildly use on the internet and also use by some few people for the exchange for real money, real money this is the money that is generally accepted by everyone in a community or in a placed can be presented anywhere
There are so many difference between bitcoin and real money, but for me the most important is bitcoin let us to avoid centralization if we use fiat becouse we need to save our money in bank, but if we use bitcoin we can save it in our own wallet.


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December 13, 2016, 07:09:24 AM
 #486

there are real big difference between bitcoin and real money  bitcoin is digital currency which is wildly use on the internet and also use by some few people for the exchange for real money, real money this is the money that is generally accepted by everyone in a community or in a placed can be presented anywhere
There are so many difference between bitcoin and real money, but for me the most important is bitcoin let us to avoid centralization if we use fiat becouse we need to save our money in bank, but if we use bitcoin we can save it in our own wallet.
If a centralised system is really a thing for you and it seems that you really need to avoid it then answer why? Is there something that gives you inconvenience so you really need to avoid it? I'm myself never had an issue with the centralised system. Didn't mean to be offensive i guess saving money in a bank is quite important for those who just need to save their money nor for investments

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December 13, 2016, 09:45:39 AM
 #487

for me  bitcoin have more function . bitcoin can easily buy online. the real money was easily gone not like bitcoin you can earn them Smiley
Online Shopping for bitcoin is the most profitable of its habitat. Therefore, it is the network you want to use digital currency. But the real money in the real stores.
you are right that bitcoin is much more profitable for online shopping that we can buy anything from anywhere with bitcoin and bitcoin is available and acceptable in anywhere for online shopping so bitcoin is very easy to use for online shopping.
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December 13, 2016, 11:07:48 AM
 #488

Have big different between bitcoin and real money because real money can you buy anything want you want and all stores accept real money as a payment. But bitcoin only limited stores can accept it. Not all stores accept bitcoin so its not easy if you have only bitcoin you can convert it first into cash before you spend it.

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December 13, 2016, 11:33:59 AM
 #489

Have big different between bitcoin and real money because real money can you buy anything want you want and all stores accept real money as a payment. But bitcoin only limited stores can accept it. Not all stores accept bitcoin so its not easy if you have only bitcoin you can convert it first into cash before you spend it.

That is true, there is only limited number of stores that accepts Bitcoins but if you have Bitcoin debit card which is accepted everywhere (usualy it's Visa or Master) you will not have that problems and then you can buy anything anywhere. In that case it's like you are having real money.

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December 13, 2016, 11:50:31 AM
 #490

Have big different between bitcoin and real money because real money can you buy anything want you want and all stores accept real money as a payment. But bitcoin only limited stores can accept it. Not all stores accept bitcoin so its not easy if you have only bitcoin you can convert it first into cash before you spend it.

That is true, there is only limited number of stores that accepts Bitcoins but if you have Bitcoin debit card which is accepted everywhere (usualy it's Visa or Master) you will not have that problems and then you can buy anything anywhere. In that case it's like you are having real money.

The point is even that card is not available in many countries. The major difference between real money and Bitcoins is that you can earn the bitcoins more easily online than real money. And also have greater value compared to your real money or local currency. You can even trade or gamble the bitcoins easily compared to real money.  Smiley

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December 13, 2016, 02:29:24 PM
 #491

Have big different between bitcoin and real money because real money can you buy anything want you want and all stores accept real money as a payment. But bitcoin only limited stores can accept it. Not all stores accept bitcoin so its not easy if you have only bitcoin you can convert it first into cash before you spend it.

That is true, there is only limited number of stores that accepts Bitcoins but if you have Bitcoin debit card which is accepted everywhere (usualy it's Visa or Master) you will not have that problems and then you can buy anything anywhere. In that case it's like you are having real money.

It just that real money fluctuates slowly compare to Bitcoin's fluctuation as of now. If you are holding a bitcoin balance today then value is changing faster than the real money you are holding at the same time plus it is have a big difference when you are earning with real money compare in earning bitcoin currency.
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December 13, 2016, 02:34:29 PM
 #492

Have big different between bitcoin and real money because real money can you buy anything want you want and all stores accept real money as a payment. But bitcoin only limited stores can accept it. Not all stores accept bitcoin so its not easy if you have only bitcoin you can convert it first into cash before you spend it.

That is true, there is only limited number of stores that accepts Bitcoins but if you have Bitcoin debit card which is accepted everywhere (usualy it's Visa or Master) you will not have that problems and then you can buy anything anywhere. In that case it's like you are having real money.

It just that real money fluctuates slowly compare to Bitcoin's fluctuation as of now. If you are holding a bitcoin balance today then value is changing faster than the real money you are holding at the same time plus it is have a big difference when you are earning with real money compare in earning bitcoin currency.
You said true but there is some chances that the price or rate may go back , we mean price of Bitcoin get lowered , So we can't say directly for benefits of money we are having Bitcoin but also there are some stretagy and trick to make money from Bitcoin that can't be done by use with real Money .


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J Gambler
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December 13, 2016, 02:45:27 PM
 #493

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?

If your are confused that what you want in life then i suggest your to not invest your money in the end why? Because lots of website are scam they will not return what you've deposited to there webstes You must convert your money into bitcoin why? Because in bitcoin has a big potential to grow Smiley
Buy stocks of altcoin (ico's) and you can make a profit.



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Daniel91
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December 13, 2016, 02:56:11 PM
 #494

From legal viewpoint, Bitcoin is not money, currency or financial assets, at least not in my country.
I can't pay legal bills with Bitcoin, cafe, go to local store etc.
I also can't pay my loan in the bank with Bitcoin.
Basically, Bitcoin is not recognized by the government.
So, my only option is to collect and keep Bitcoin in my wallet and wait for the moment when Bitcoin will be legally accepted, and become mainstream.
When this happens, there will be no much difference between real money and Bitcoin.

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December 13, 2016, 03:23:44 PM
 #495

The difference between bitcoin and money is money is using to buy bitcoin and we use bitcoin to invest into market and alternative coins if you're planning too to invest or buy altcoins then choose ico with lot's of bonuses you can really make it .

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December 13, 2016, 03:52:18 PM
 #496

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.

yea thats right . Ive wondered why they not make more money on each every country.
Bitcoin can earn with the technology while the real money can earn both technology , sweat and blood.

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December 13, 2016, 05:42:18 PM
 #497

The question should have been the difference between Bitcoin and fiat money, rather than difference between Bitcoin and real money. Bitcoin is "real" money. In fact, I would say that it is even better than the fiat currency.

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December 13, 2016, 05:50:33 PM
 #498

The difference between bitcoin and money is money is using to buy bitcoin and we use bitcoin to invest into market and alternative coins if you're planning too to invest or buy altcoins then choose ico with lot's of bonuses you can really make it .

This does not put any meaning to bitcoin. You are just saying that bitcoin is a bridge for you to link money to investment or alternative coins? Bitcoin itself can do a lot of things. In fact, what i love about bitcoin is that it is one of the lowest fee for trading.

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December 14, 2016, 07:10:53 AM
 #499

Money is a fiction by definition. Saying that there is real fiction is like saying that there are sweet salts. Either way your real fiction is wild wild west fiction where you can expect to have you money downgraded by every passing moment, and most of this money goes to gov.... ahem i ment banks. Government doesnt even see the money as a taxes its collect.

Bitcoin fiction on the other hand is just good because its not totally bad as a real fiction. Thats enough there is to say about that.
Until today, the real money was very good exchange subject worldwide. Bitcoin can also be, but only in the network. You need to look at things the right way and with reality.

Yes. We live in reality. Cant deny that. But you cant deny either that reality is made by real things and fictional thing that was turn into semireal because people think its real. In other words. Reality is a construct build on real and fake. Its a good mix of both of those.

If you are an american you will have hard time understanding that because you guys were programmed not to understand such an issue. European especially French or British elites have that understanding. Thats why they rule you without you even noticing it.

Fiction doesnt mean something is automaticly fake. Its just a story. Some people believe in founding fathers some others in american dream. It doesnt make this real stuff. Its just a stories. Some people believe in santa claus and other believe that fiat have any backings at all. Reality shows that fiat might be just a fairy tale. In effect money is just a pure force because it was backed by force. Going back to the start of building up of capitalism it was just that. Money was a pure brutal force concealed in a cloths of a fairy tale.
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December 14, 2016, 08:22:05 AM
 #500

Paper currency which is no longer classified as money because it isn't backed by anything and governments print at will more and more of it is becoming more and more worthless, but bitcoin is limited, a bit like gold, there are only so many bitcoin available and as demand grows worldwide for it..btc price also goes up.

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