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Author Topic: Difference between Bitcoin and real money?  (Read 110686 times)
bikbik2
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December 24, 2016, 04:37:22 PM
 #541

I never had the desire to spend it bitcoin. I have always regarded them as a product for additional income and an increase in own funds. And in the real money is the money for the purchase of all that your heart desires.
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December 24, 2016, 05:07:19 PM
 #542

AFAIK Bitcoin is more advanced than any normal money. It made me in love with its way of freedom to use and send it around the globe just with one click. It's more better to use it as remittance to transfer funds to our loved ones with comfort.

Only if we had more places, or better said more popular places and businesses we could pay with Bitcoin at... It's probably the disadvantage I hate the most when it comes to Bitcoin: the popularity. I know governments would not agree with the idea of it being popular, but I don't like having money that I cannot use. So that is why I have to only save for now... I don't have where to spend it at.
Nowadays the popularity is not a big problem as with the passage of time people are learning about it and the governments do not have any issue with bitcoin I think at least our government is not against bitcoin and I have heard that they will sooner accept bitcoin as a legal currency.
I think the biggest and the main difference between Bitcoin and real money is the lack of control over users of bitcoin. Hence the absence of levy taxes.

Mean you control what you mean ..?? . aren't we can control all the things that exist in the bitcoin..?? , so what do you mean that there are no obvious reasons. Indeed, we know that we cannot hold the bitcoin or have a physical form, but aren't we can easily to use the bitcoin for any thing accept bitcoin..? . If it was not something it could well control ..?? . Indeed now bitcoin no tax, but the tax will have a bitcoin. Cause something to pay taxes it must be recognized by the State requesting the tax
How, then, to be with social guarantees of citizens and the general state of the country if the country's main filler budget is taxes. If you will not pay taxes the country will fall.
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December 24, 2016, 05:16:46 PM
 #543

I never had the desire to spend it bitcoin. I have always regarded them as a product for additional income and an increase in own funds. And in the real money is the money for the purchase of all that your heart desires.

Sure that can be considered as one of the differences between real money and bitcoin that bitcoin is not yet accepted everywhere and that is why we cannot use bitcoin for purchasing anything we want but real money is spendable anywhere in the world.
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December 24, 2016, 05:22:12 PM
 #544

AFAIK Bitcoin is more advanced than any normal money. It made me in love with its way of freedom to use and send it around the globe just with one click. It's more better to use it as remittance to transfer funds to our loved ones with comfort.
Yeah, one of the great advantages of using Bitcoin is the ease of using it, there is no bureaucracy to have a btc wallet, and the low fees are a factor that really make a difference to using the payment system. I think nowadays anyone can learn how to use it with no complications, since there is plenty of content on the internet.
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December 24, 2016, 05:44:02 PM
 #545

Hello everyone! merry christmas! new to the game, looking forward to being a part of this big big world of cryptocurrency!  Grin
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December 24, 2016, 05:45:54 PM
 #546

I never had the desire to spend it bitcoin. I have always regarded them as a product for additional income and an increase in own funds. And in the real money is the money for the purchase of all that your heart desires.

Sure that can be considered as one of the differences between real money and bitcoin that bitcoin is not yet accepted everywhere and that is why we cannot use bitcoin for purchasing anything we want but real money is spendable anywhere in the world.
Do you really believe in something that can bitcoin or even replace all the money in the world? That will not happen. Too many opponents of this. Neither the government does not agree with the future and the banking system is of the same opinion.
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December 24, 2016, 05:56:03 PM
 #547

I never had the desire to spend it bitcoin. I have always regarded them as a product for additional income and an increase in own funds. And in the real money is the money for the purchase of all that your heart desires.

Sure that can be considered as one of the differences between real money and bitcoin that bitcoin is not yet accepted everywhere and that is why we cannot use bitcoin for purchasing anything we want but real money is spendable anywhere in the world.
Do you really believe in something that can bitcoin or even replace all the money in the world? That will not happen. Too many opponents of this. Neither the government does not agree with the future and the banking system is of the same opinion.
Well yeah many opponents. and i think it is impossible that bitcoin will be the main money since bitcoin is just a digital currency and you can not deal with others if there is no internet but if they will make a physical money maybe those other thoughts maybe can be happen but for now we are using bitcoi nfor alternative payment for few merchant and other site that accepting bitcoin as payment..

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December 24, 2016, 06:15:13 PM
 #548

Well yeah many opponents. and i think it is impossible that bitcoin will be the main money since bitcoin is just a digital currency and you can not deal with others if there is no internet but if they will make a physical money maybe those other thoughts maybe can be happen but for now we are using bitcoi nfor alternative payment for few merchant and other site that accepting bitcoin as payment..
Bitcoin is totally possible to become the main currency but not right now since not every single part of the world has internet. Bitcoin is a totally transparent currency and it we're going to make it our main currency, people can trace transactions since it's open to the public.

Back then, the people that were using a different form of fiat were probably thinking that it's impossible for their present currency to be replaced by the something new that is being introduced to them. If you make a quick google search, you will find that there were other forms of fiat currency other than coins and paper money. Some looks really good actually.

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December 24, 2016, 08:08:14 PM
 #549

Hello everyone! merry christmas! new to the game, looking forward to being a part of this big big world of cryptocurrency!  Grin
Welcome. We hope that this year's Christmas will be really much more positive than in the past in other countries. The main thing that bitcoin did not disappoint with its price.
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December 24, 2016, 08:11:24 PM
 #550

Hello everyone! merry christmas! new to the game, looking forward to being a part of this big big world of cryptocurrency!  Grin
Yes Bitcoins are more reliable than money but it takes time to be used on a daily basis as real money. 
Most of the people do not know about Bitcoins and hard money is only source of transaction for them. Bitcoins has a great future but at present it would take time.
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December 24, 2016, 08:27:29 PM
 #551

In my opinion, Bitcoin is the real money. Some of the basic differences is that Bitcoin is decentralized and backed by blockchain technology, that is, it is backed by mathematics and cryptography, while fiat currency is backed by centralized governments. There was a time when fiat currency was backed by gold, but these times are gone.

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December 24, 2016, 09:07:01 PM
 #552

Bitcoin is not legal in so many countries and real many is legal and every country except real money  and we can use it in every country or we can exchange others so this is so big difference between bitcoin and real money, but i think this problems will handle in the future and we will use only digital money .


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December 25, 2016, 12:45:32 AM
 #553

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?

You have it all backwards. Cheesy

Bitcoin is real money. And the only time I convert my money into fiat is when I need to pay a bill or purchase a consumable.

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December 26, 2016, 07:24:43 AM
 #554

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?

You have it all backwards. Cheesy

Bitcoin is real money. And the only time I convert my money into fiat is when I need to pay a bill or purchase a consumable.

No one questioned that bitcoin is not real money but that is main difference you need to convert bitcoin to fiat to spend pay bill or buy something, mainly cuz bitcoin is not yet accepted that much as it should be when this come to happen then there will be no difference at all.



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December 26, 2016, 08:09:03 AM
 #555

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 just discovered one face of Bitcoin. That face is most visibile because of some attractivity for sure and it's investing/speculation. Many people are speculating on Bitcoin price increase, Bitcoin is known because of high volatilility. It's high risk speculation.
Bitcoin can give you some kind of freedom and anonymity. This can be benefit for someone who wants to do a gambling for example. It's much easier to gamble using bitcoin.

But there another side of Bitcoin and it's real currency. Use it as currency daily business or life spending. Bitcoin is still not there, but it can happen we will reach that on day.
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December 26, 2016, 08:30:48 AM
 #556

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 just discovered one face of Bitcoin. That face is most visibile because of some attractivity for sure and it's investing/speculation. Many people are speculating on Bitcoin price increase, Bitcoin is known because of high volatilility. It's high risk speculation.
Bitcoin can give you some kind of freedom and anonymity. This can be benefit for someone who wants to do a gambling for example. It's much easier to gamble using bitcoin.

But there another side of Bitcoin and it's real currency. Use it as currency daily business or life spending. Bitcoin is still not there, but it can happen we will reach that on day.

If you look Bitcoin only as possible investment, than better you invest in the real market.
For me, bitcoin is not only investment but future currency and online payment method which will replace Paypal and many other payment options available now.
If you look from this perspective, it's good thing to join Bitcoin.
If you don't see this ''long term'' vision behind Bitcoin, than try something else.

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December 26, 2016, 09:18:51 AM
 #557

I think the difference is clear, bitcoin is the latest digital payment system and money is only fixed number but the value always down vs inflation always

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December 26, 2016, 09:24:21 AM
 #558

I think the difference is clear, bitcoin is the latest digital payment system and money is only fixed number but the value always down vs inflation always

I don't think that the value of real money is always down. There are times that a local currency(real money) value is just depending on how the country's economy is stable enough. And the simplest way to see the difference of these two financial thing is that bitcoin is simply cannot be touched unlike real money is a real physical thing.



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December 26, 2016, 09:29:33 AM
 #559

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?


Real money is useful for stocks because many organizations don't accept bitcoin for trading and transaction.
Bitcoin is useful for gambling and online investing. However I still like bitcoin . it's safer and quicker than the others.
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December 26, 2016, 09:55:17 AM
 #560

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 real money?  Huh Roll Eyes

You don't understand his main point of attention. In short - Why would you use Bitcoin to pay for things, gamble, etc, while you can do everything instantly with fiat already? I kinda agree with that. Bitcoin as currency tool is simply not that interesting anymore as fiat related payment platforms have upped their game to such a level, that it basically outrules Bitcoin in that aspect. That's why I have been saying lately that the growth from Bitcoin has to come from people using Bitcoin either as an investment tool, or as store of value tool where they can operate outside the current banking and governmental system.

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