Difference between Bitcoin and real money?

[djablom1]

The worth of bitcoin can go up and down the worth of money will still stay the same and also bitcoin is decentralised that means it is not at some bank or other holders it is with you safe in your own digital wallet.

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[arbelian]

The difference between Bitcoin and Fiat is Bitcoin is a digital currency that is stored in encrypted wallet with a very unique wallet combination, we could actually invest on it just like the stock market and can be used in transactions online specially to those who accepts bitcoin as payment. While fiat is the physical paper money that we used everyday in buying something that we need, paying bills, fare for transportation, we deposit in bank etc.

[elkuko]

Bitcoin is like gold 2.0, no more issues than 21Million, and no owned by a single player (descentralization)

[Makka]

Bitcoin is like gold 2.0, no more issues than 21Million, and no owned by a single player (descentralization)

Gold supply continues to multiply while Bitcoin won't surpass to 21 million coins. The problem that continues to always repeat are the miners and what bitcoin core differences.

[Visbay]

First big difference real money means only offline money on the other hand Bitcoin is digital currency or online currency.Although real money easily convert any currency on the other hand Bitcoin convert process is something difficult.

Yes its true both of them are money but one is a digital currency and second one is real money if you want to buy things you can use both but bitcoin is safe and secure and easy to carry there is threat of robbery of bitcoin and I think now a days bitcoin is high then ten real money because of his high price and with bitcoin you can also do a daily trade or you can invest here as well.

[Japinat]

First big difference real money means only offline money on the other hand Bitcoin is digital currency or online currency.Although real money easily convert any currency on the other hand Bitcoin convert process is something difficult.

Yes its true both of them are money but one is a digital currency and second one is real money if you want to buy things you can use both but bitcoin is safe and secure and easy to carry there is threat of robbery of bitcoin and I think now a days bitcoin is high then ten real money because of his high price and with bitcoin you can also do a daily trade or you can invest here as well.

Bitcoin is not money in the eyes of the government and only what they created and regulated are considered as real money, bitcoin is a fuel to run a transaction but we are using real money converted into bitcoin. Holders are benefit when this payment tool will be popular because the demand will increase and so as the price.

[josephpogi]

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?

The diffrent between bitcoin and realmoney is if you have bitcoin there's a chance that you'll get a lot of money in the future becuase the value of bitcoin is still increasing while if you have real money you can use this to biy anything and anywhere so there's a similar between bitcoin and money.

[Kevondo]

bitcoin is a digital currency that can be use only in internet and real money available as bills and coin to spend,rather than existing only as items on financial accounts.

There are a lot of the other differences the bitcoin is the digital currency that is very good to save for the long time and the profit is only possible if w will hold our bitcoin for the long time. The money is increasing and the people will be able to have the high income just in the short time. The price is high while the other real currency is just for the use of the sopping.

[Qunenin]

Bitcoin is a commodity, not a currency. Really, your term real money refers to very little these days. Since the drop of the gold standard, I think we have only Australia left with the proper sitting for the term real money. They are on the oil standard and may be the last to have a backing currency and key length connector. Although Sweden may also be keyed with their oil, I am pretty sure they are not.

[Patsakkyy]

Bitcoin brings more revenue and is very convenient to use, but in many countries there is still no way to pay for their services and people do not understand why they need to use bitcoin.

[xander ford]

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?

for me the differences between bitcoin and real money is first bitcoins acceptance as payment for a debt is entirely voluntary. and
It can be bought over the internet as well as it can be used to purchase items from different online businesses.  and the  Money is what we use every day to pay our liabilities, and this includes currency and, to a much bigger extent, our bank account balances that provide the source for our check, wire transfer, debit card, and credit card payments.

[MetalGear]

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.

There are big difference between bitcoin and money. Money is the world currency while bitcoin is our digital currency. In addition to that, bitcoin doesn't have exact value and the price is always fluctuate. Money is tangible unlike bitcoin that you could not touch.

[Jemzx00]

Obviously if bitcoin is just a virtual coin that doesn't have a fixed price like money that has a nominal fixed price

Actually, both bitcoin and fiat money has a price but the difference is how the circulation of it being made. Fiat money looks like a fixed priced due to how strict the circulation is being done. Bitcoin is getting higher and higher on price due to a large of circulation being made and since it's unique then it's value goes high.  The only difference I see is how they are being used and the fact that bitcoin is an cryptocoin while money is fiat.

[ekoice]

Bitcoin earning is free from tax unless it gets legalized or regulated in our country.
Our investment in bitcoin grows rapidly while money remains just idle.
With bitcoin,we could easily send even very huge amounts of money instantly with very low transaction fee.But with money,we would have to pay huge transaction fee.
When we send money via bitcoins,we need not have to give any of our personal details but while sending money,we would have to provide all our details.

[BeerPanda]

I think the difference between Bitcoin and real money is huge. For example btc climbs really fast so you can invest your money. I have already invested 150$ in Confident, hope to get some profit

[dhas]

There are many differences of bitcoin and real money.. bitcoin you can use it online as alternative real money you can buy anytime there.. in bitcoins you should have too because many other will exchange it fast and instanly in our place.

True sir. Aside from that they are different in value. Example you have 5000$ the value of it when you use in the market is also the same as it. But in the BTC if you have 1bitcoin it is equivalent to 5000$. Not just only, as long you did'nt exchange it to your local rate it has a possibility to moves up because of the flactuation. So this means that bitcoin and real money has a really big difference.

[PatronRH]

Bitcoin is like gold 2.0, no more issues than 21Million, and no owned by a single player (descentralization)

Here you focus on one of the strongest points of the bitcoin which is the "decentralization", and which is at the origin of the internationality of the bitcoin. However, I disagree with you at all on the "gold 2.0" rating, in fact I hate all sorts of comparison between the bitcoin and the gold because it will never serve bitcoin for going up.

[sammy4real]

Bitcoin has bitcoin wallets, real money have banks. Bitcoin has smaller fees compared to real money. It is easier to send and receive using bitcoin than real money. A single bitcoin costs big amount in real money. Bitcoin has anonymous transactions which makes the user anonymous too prevemting some threats in his life if he have some huge amount pf bitcoins.

[bpc78]

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 a digital cryptocurrency used to purchase,trafe or invest through internet.It is mich safer than rea money cause of its confidentiality in doing bitcoin or transacting with it.

[Maricel2017]

I think the difference between Bitcoin and real money is huge. For example btc climbs really fast so you can invest your money. I have already invested 150$ in Confident, hope to get
some profit

q
Bitcoin is a digital currency while money is a peso that are existing to us. Bitcoin is fluctuating while money is not. Bitcoin is an online investment.