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Author Topic: Difference between Bitcoin and real money?  (Read 114116 times)
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December 09, 2017, 09:20:30 AM
 #2301

bitcoin is crypto currency and real money is FIAT
bitcoin can only be use online while FIAT can be used and stored even offline
bitcoin is so fragile and everytime it breaks the market with pump and dump while money is not so like that
bitcoin is currency, investment and asset and can be stoore foor the better future to be a huge amount in some years!
FIAT money is a currency that is circulating everyday in the society storing it someewhere for a long time will not give much profit to you and hopefully  it will not exppires as your country change the circulating king of money!

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December 09, 2017, 10:27:39 AM
 #2302

Bitcoin can give us big profit and interest.But your money deposit into a bank very small profit you get.Bitcoin can be used only online but real money to be used handy. Real money (Dollars) always lose its value. But bitcoin will probably gain a lot of value.
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December 09, 2017, 10:35:44 AM
 #2303

Bitcoin doesn't need a third party to transfer ur money from one individual to another, no one can control it
Plus it's a digital currency not a paper money can be cirulculated over the internet
It's fast in transaction no matter where u want to send ur money all over the world

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December 09, 2017, 11:23:41 AM
 #2304

those that settle for cash, could increase the volatility in a downturn.
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December 09, 2017, 11:57:15 AM
 #2305

For me the most obvious difference is the physicality of real money and the virtual nature of bitcoin. Secondly , bitcoin together with it's blockchain technology is able to facilitate foreign remittances from country to country without jurisdictional restrictions but real money needs the services of third party payment processors in order to effect a transfer.



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December 09, 2017, 03:19:36 PM
 #2306

Bitcoin is a digital currency that runs on blockchain network controlled by the people.
Real money is currency issued and controlled by the banks and government with no privacy whatsoever.

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December 09, 2017, 04:20:34 PM
 #2307

Bitcoin is a digital currency that runs on blockchain network controlled by the people.
Real money is currency issued and controlled by the banks and government with no privacy whatsoever.
That is the reason Bitcoin made a lot of the developers and the rich interested it. They like to using a currency can provide them all privacy, permission. They do not need to depend on the government and scare the government pay attention in their amount.


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December 09, 2017, 04:41:12 PM
 #2308

I think this is a matter of value, as we know that bitcoin values keep rising so much favored by many users, while real money is worth keeping down even for many things.

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December 09, 2017, 04:55:06 PM
 #2309

Bitcoin is freedom, it makes you independent from banks. It's a technology that is growing, there are new updates coming that will dominate the current digital payment providers, like Visa and MasterCard. It could be an investment if you believe in the future of it. Besides that does the value really fluctuate, which could be a good thing if you want to make profit from speculating on it on a daily basis.
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December 09, 2017, 05:09:07 PM
 #2310

Bitcoin isnt real money,real money is real money ,bitcoin is cryptocurrency and real money is value,bitcoin is online cryptocurrency,real money is money which we can see in real world and bitcoin is cryptocurrency which we cant see in  real world and we cant touch him.Real money isnt anonymously and bitcoin is.
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December 09, 2017, 05:13:03 PM
 #2311

bitcoin is vertual currency and real money is the type of currency that we can touch or feel use it anywhere .
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December 09, 2017, 05:23:53 PM
 #2312

its a digital cryptocurrency created in 2009.bitcoin is the only currency i think which is not present in physical for not issued by any bank or govt,nor are individual bitcoins valuable as a commodity.and real money in simple is a cash in physical form,used for settling debts.

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December 09, 2017, 05:54:38 PM
 #2313

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?

Go ahead and try so you would know. Using Bitcoins means stepping up your game. The Bitcoin digital currency fluctuates a lot and that could be an advantage. However, everyone uses bitcoin for investing money and buying stocks because of its payment system that is really fast compared to the traditional banks.
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December 09, 2017, 06:06:19 PM
 #2314

Bitcoin is a digital currency that runs on blockchain network controlled by the people.
Real money is currency issued and controlled by the banks and government with no privacy whatsoever.
That is the reason Bitcoin made a lot of the developers and the rich interested it. They like to using a currency can provide them all privacy, permission. They do not need to depend on the government and scare the government pay attention in their amount.
Fiat money is manipulated by the banks and governments that's why it will cost you some taxes. Also the Bitcoin is a digital currency which makes the p2p deals more easier and fast. Also Bitcoin has a lot of advantage compared to he physical money. The less labor, endurance, accuracy and the  time.
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December 09, 2017, 06:16:43 PM
 #2315

Personally i don't see any real difference between Bitcoin and other currencies (i do believe that Bitcoin is in fact real money). We can use Bitcoin the same way using fiat and other currencies.
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December 09, 2017, 06:19:22 PM
 #2316

There is a big difference between the bitcoin and real money. First bitcoin is more convenient to use since you can enter to a transaction without paper works,
less manual procedures and time saver. Another thing bitcoin provides immunity against the threat of inflation which does not the real money have.

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December 09, 2017, 10:34:41 PM
 #2317

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?

of all your questions I think the answer you are still hesitant in investing in bitcoin I suggest you analyze more read and predict yourself whether sure your investment will be successful or its result will be nil then next up you will go forward what backwards
Really your point is good that there is no need of registration, age and no restriction. A simple thing you need is that access to the internet. Bitcoin is fast in processing on the other hand you need of bank for store money. There is too much time spent in processing. Taxes are applied on real money. Bitcoin is independent of all taxes. There no other person or party involve in your transaction. In fact Bitcoin has many big advantages over the physical money.

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December 11, 2017, 07:48:37 AM
 #2318

Bitcoin is a digital currency which uses blockchain for transactions. So if we were to compare security wise, cryptocurrency is definitely a lot safer compared to cash dealings.

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December 11, 2017, 08:22:48 AM
 #2319

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?


Frankly speaking, Bitcoin is not a way to minimize tax but to facilitate money in digital world. You can convert your money to any currency. World is emerging and no need any currency controlled by anybody. Thats why bitcoin or other coins will keep growing.
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December 11, 2017, 08:34:13 AM
 #2320

If you invest your own currency into bitcoin, your money will be big because Bitcoin has a big value. You can change you Bitcoin into real money. Bitcoin is a famous digital currency and it's different from real money. You can only transact the money through online and it's a fastest way to transfer money to another account or country.

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