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Author Topic: Difference between Bitcoin and real money?  (Read 110686 times)
salemon
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February 04, 2017, 09:58:44 PM
 #721

Well, if you imagine that instead of all the money took the place of bitcoin, that when a need for credits or other needs, as all realize it is not clear.
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February 04, 2017, 10:09:15 PM
 #722

Money don't get more real than bitcoin. You have to understand that fiat is actually more unreal. Fiat can be constantly produced and there are no limits to how much a country can print in a year.
Fiat also exists in virtual form, because banks do not have as much money as they are loaning. Money moved between accounts is virtual, when you send it nobody goes into a vault to move a bag of money from one place to another. Bitcoin is more real than that, when you have a coin you really own it and if you choose to destroy it there won't be another like it.

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February 04, 2017, 10:12:39 PM
 #723

In countries badly broken bitcoin will settle down long enough. The fact that it will be difficult to be perceived uneducated people. Although it is said that the future will inevitably bitcoin.
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February 04, 2017, 10:39:24 PM
 #724

Money don't get more real than bitcoin. You have to understand that fiat is actually more unreal. Fiat can be constantly produced and there are no limits to how much a country can print in a year.
Fiat also exists in virtual form, because banks do not have as much money as they are loaning. Money moved between accounts is virtual, when you send it nobody goes into a vault to move a bag of money from one place to another. Bitcoin is more real than that, when you have a coin you really own it and if you choose to destroy it there won't be another like it.
Today, with the help of real money and different payment systems can also buy goods and other miscellaneous items. And perhaps the possibility of the user is the same, though a bit on the losing percentage on.
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February 04, 2017, 10:44:32 PM
 #725

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?

First you must understand that bitcoin is a choice and not cumpulsion. It is not a necessity either so if you do not want to use bitcoin and want to stick with $,it is your choice but remember you would be using fiat at the cost of your freedom,privacy etc.

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February 04, 2017, 11:06:32 PM
 #726

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?

First you must understand that bitcoin is a choice and not cumpulsion. It is not a necessity either so if you do not want to use bitcoin and want to stick with $,it is your choice but remember you would be using fiat at the cost of your freedom,privacy etc.

Yeah and the fact is people are more comfortable in using fiat as they are using it since its inception and find it easy to spend and they don't want to complicate their spending by getting into bitcoins so people who lack knowledge and don't believe in innovation will continue using fiat and won't bother about bitcoins even if its price goes much higher in future.
iMaster
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February 04, 2017, 11:10:02 PM
 #727

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

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st0nefish
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February 04, 2017, 11:44:54 PM
 #728

In practice there is no difference between bitcoin and real money. If you can shop with credit card you can also shop with bitcoin in the same way.
But the main difference arises in technological sub-structures. In terms of innovations they bring, bitcoin has much more superior features than real money.

In particular, blockchain technology will be a structure that we will hear a lot more in the future.

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February 05, 2017, 08:03:43 AM
 #729

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?

Dollar Bitcoin and of course have a difference if given the choice to invest in dollars or Bitcoin then I would choose to invest in Bitcoin because Bitcoin is cryptocurrency and their owners without an identity ,Anonymous

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wavespump
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February 05, 2017, 08:07:49 AM
 #730

Bitcoin is digital and cryptographic, so theoretically it is safer than fiat, aka real money, no matter it is paper or digital, fiat is an inflationary currency, bank prints new money to the circulation, so the fiat money keeps devaluation. In the contrary, bitcoin is deflationary, so its value keeps increase in recent years.

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carlisle1
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February 05, 2017, 10:25:33 AM
 #731

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

real money and bitcoin both has their own advantage and disadvantage, yes we can consider that the bitcoin has much advantage than real money because of its price but I think the disadvantage is also on its price as we all know that the bitcoin's price is fluctuating and the movements are unpredictable we don't know what will be the next price, will it be increasing or will it be decreasing .

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February 05, 2017, 10:51:21 AM
 #732

Bitcoin is real money. More real than fiat since the gold standard was broken by Nixon 1971.

I m very fond of seeing the difference to electronic fiat, stored in central databases.

Bitcoin is stored in its blockchain database.

Who is the very admin in both cases? Who controls the funds?

With bitcoin, you are!

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Pattart
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February 05, 2017, 10:57:36 AM
 #733

In practice there is no difference between bitcoin and real money. If you can shop with credit card you can also shop with bitcoin in the same way.
But the main difference arises in technological sub-structures. In terms of innovations they bring, bitcoin has much more superior features than real money.

In particular, blockchain technology will be a structure that we will hear a lot more in the future.
or can be bitcoin has a shape that is more flexible than the real money, which most people use paper money, with bitcoin you can pay instantly and send it anywhere with a very low cost

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February 05, 2017, 11:06:12 AM
 #734

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

real money and bitcoin both has their own advantage and disadvantage, yes we can consider that the bitcoin has much advantage than real money because of its price but I think the disadvantage is also on its price as we all know that the bitcoin's price is fluctuating and the movements are unpredictable we don't know what will be the next price, will it be increasing or will it be decreasing .
I think the price is not a problem or any disadvantage of bitcoin but there are a number of other advantages of bitcoin which if be followed by people and everyone will adopt bitcoin then the issue of price will be reduced as then a time of stability will come when everyone saturately adopt bitcoin. While there are a number of disadvantages of real money which people now do not want.

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February 05, 2017, 11:44:01 AM
 #735

With Bitcoin you got much more freedom, inside and outside your country... you can earn some money with unfamiliar jobs and you can do lotta stuffs you can't with "real money" but bitcoin is real money, I think you mean "fiat money, paper money"... so, Bitcoin has a very deeper horizon when you think about possibilities and future.. like many of us here say: it is the future of real money!!

DeepOnion it is SCAM
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positivezero
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February 05, 2017, 11:54:49 AM
 #736

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?


Well for me, the difference between bitcoin into real money is that bitcoin is quite risky since the price is not stable (increasingly, decrease) but bitcoin is more advantage from real money since you can use it in many ways (e.g., buying through online, paying bills). Since now and then, users would more used and adopt bitcoin because it will be like a real money or the future money in the next future, easy and convenient to use, safer than real money

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FasTroy
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February 05, 2017, 12:18:45 PM
 #737

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?


Well for me, the difference between bitcoin into real money is that bitcoin is quite risky since the price is not stable (increasingly, decrease) but bitcoin is more advantage from real money since you can use it in many ways (e.g., buying through online, paying bills). Since now and then, users would more used and adopt bitcoin because it will be like a real money or the future money in the next future, easy and convenient to use, safer than real money
Yes, I agree with you.
I think the difference between bitcoin and the real money, is that bitcoin price always changing, Maybe increase or decrease as you said. But i think bitcoin is more important than currency in the long duration. because now, if you buy bitcoin, you can probably get a good profit in the near future as we saw that bitcoin price increase slowly nowdays. so the differance is here.

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February 05, 2017, 01:55:33 PM
 #738

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

real money and bitcoin both has their own advantage and disadvantage, yes we can consider that the bitcoin has much advantage than real money because of its price but I think the disadvantage is also on its price as we all know that the bitcoin's price is fluctuating and the movements are unpredictable we don't know what will be the next price, will it be increasing or will it be decreasing .
but the advantages of bitcoin are more than its disadvantages. as bitcoin is giving you more chance to give you good income because there are more chance that the price of bitcoin will increase. more ever you can use bitcoin for trading in alt coins. bitcoin can use in any where of the world, as it has same value everywhere. and bitcoin can also be use in local shops for shopping.
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February 05, 2017, 02:02:50 PM
 #739

difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.

real money and bitcoin both has their own advantage and disadvantage, yes we can consider that the bitcoin has much advantage than real money because of its price but I think the disadvantage is also on its price as we all know that the bitcoin's price is fluctuating and the movements are unpredictable we don't know what will be the next price, will it be increasing or will it be decreasing .
but the advantages of bitcoin are more than its disadvantages. as bitcoin is giving you more chance to give you good income because there are more chance that the price of bitcoin will increase. more ever you can use bitcoin for trading in alt coins. bitcoin can use in any where of the world, as it has same value everywhere. and bitcoin can also be use in local shops for shopping.

Not actually anywhere in the world. There are places where it lacks the techmology to make bitcoin bloom and with that it is getting hard for bitcoin owners to where they will use it. Yes they can do online buying but there are delivery fees that will really be expensive and the hard part is if they dont have means to get it to you because of country problems.

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February 05, 2017, 02:15:53 PM
 #740

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?


Well for me, the difference between bitcoin into real money is that bitcoin is quite risky since the price is not stable (increasingly, decrease) but bitcoin is more advantage from real money since you can use it in many ways (e.g., buying through online, paying bills). Since now and then, users would more used and adopt bitcoin because it will be like a real money or the future money in the next future, easy and convenient to use, safer than real money
Yes, I agree with you.
I think the difference between bitcoin and the real money, is that bitcoin price always changing, Maybe increase or decrease as you said. But i think bitcoin is more important than currency in the long duration. because now, if you buy bitcoin, you can probably get a good profit in the near future as we saw that bitcoin price increase slowly nowdays. so the differance is here.

Yes exactly, you can use your bitcoin as investment or trading to have more profit. But bitcoin is not only for money making, but also it gives freedom for us like we can share our ideas in the forum or you can get more ideas in the other users here. Though bitcoin sounds risky but no doubt bitcoin can help you to broaden our knowledge (e.g., investing, trading, some businesses).

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