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Joshapat
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January 08, 2018, 01:52:50 AM |
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The obvious difference between bitcoin and real money is in value, as we know that bitcoin continues to increase while real money is falling, which makes us realistic that bitcoin investment is more profitable.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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catchemcrypto
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January 08, 2018, 02:24:22 AM |
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Bitcoin is digital cash. You cannot touch it but can buy things like cash does. Cash is physical and you can bring loads of it in a bag and it can burden you whereas digital currency wont.
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jerlen17
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January 08, 2018, 02:26:35 AM |
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The difference of bitcoin and real money or fiat is, bitcoin is a digital currency so that you can sell, buy, or even paying bitcoin to your purchases with an internet connection wifi or mobile date you cannot used it without it, while ream money is form of metal coins or bills or paper, and you can use it anytime anywhere with out internet connection. But Bitcoin's value is unstable, it sometime go high or low unlike real money the value of it is fixed.
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Scorpion
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January 08, 2018, 03:01:00 AM |
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Bitcoin is real actual money, you can spend it, convert it, use it as a store of value. It just does a way better job of being decentralized and being secure and immutable.
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cramcram21
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★777Coin.com★ Fun BTC Casino!
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January 08, 2018, 03:06:48 AM |
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I think the difference between them is that the bitcoin is a Digital currency while the other is a Physical money,
Bitcoin is decentralized while the other is centralized or the government is in control.
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darshansetty
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January 08, 2018, 03:28:17 AM |
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bitcoin is a crypto currency it cannot be felt by anyone but the value of the bitcoin will be not constant it will be keep on changing but the real money can be felt but the value of the real money will be constant
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Shrinath
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January 08, 2018, 03:40:02 AM |
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According to me there is a big difference between Bitcoin and real money. However, there are a lot of similarities between them as well. Bitcoin started the wave of decentralization with the technology of the blockchain that is providing the anonymity to the users and the holders of this fascinating coin. On the other end Real money is supported by the government and it is highly centralized and banks are holding the most of the shares of all the FIAT in the world countries. All the main centralized currencies that are controlled by the central banks have small fluctuations on the charts that are close to the stable. Also, the big fluctuations are providing the opportunity to the traders to gain the profit with the right choices of the trade at the right time. On the other hand, Bitcoin offers the possibility of the high growth and accumulation of the holder's money if the holder is interested in the longtime investment.
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Drunkenhorse
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January 08, 2018, 03:42:22 AM |
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No difference  same thing now - I would say crypto is more money now than fiat. |
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arief89
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January 08, 2018, 03:47:08 AM |
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The difference between bitcoin and real currency is bitcoin can only be used for online while real money can be used offline and online.
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PANK21
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Bounty Detective
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January 08, 2018, 03:58:46 AM |
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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?
As far as I know, Bitcoin and Money has a a lot of similarities like they both have a price and value but they also have a differences. One of the differences of this two is Bitcoin is only a cryptocurrency and it is digital while Money is real. But bitcoin can be a money and money can be a bitcoin. Before it happens, you have to convert it. |
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Zilong99
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January 08, 2018, 04:24:36 AM |
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Bitcoin is a virtual currency that has no physical form, in contrast to real money that has a physical form such as coins and banknotes. Bitcoin currency can not be faked while real money can be faked.
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BORDS
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January 08, 2018, 04:47:14 AM |
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Bitcoin is a virtual currency that has no physical form, in contrast to real money that has a physical form such as coins and banknotes. Bitcoin currency can not be faked while real money can be faked.
what i agree most about this is when you said that bitcoin cannot be faked unlike fiat. added to that no one can really stop federal reserves from printing more paper money that will result to inflation. as compared to the limited numbers of cryptocurrency which will only make it's buying power higher as time goes on. |
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BtcBling
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January 08, 2018, 04:55:27 AM |
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The Difference between Bitcoin and real money are in real money it is already an established system while Bitcoin is classified as new and not already established system. Money is accepted everywhere unlike Bitcoin that there is still a limitation. Ability to charge your money back in case of fraud and use of cash which does not require internet connection and electricity. While the advantages of Bitcoin are cheap to send transactions with no extra charges between countries, money can be sent with ease from one end of the world to another in seconds. Free from manipulation which plagues the banking system and it is widely considered a global easy to use currency.
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arrmia11
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January 08, 2018, 05:38:41 AM |
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Bitcoin is a kind of cryptocurrency that is acceptable in most of the transactions online. It can be an alternative for a real money when you are transacting online. While real money can be used in daily basis transactions if the item is not payable online. Another best feature of bitcoin is that you cannot fake it while real money can since it is also called a "paper money".
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November11
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January 08, 2018, 11:27:31 AM |
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The money or money on your account is very simple, purely mathematical. This is only part of the amount that can be reduced or increased as a result of simple arithmetic operations. Of course, around this money was built a serious banking system that controls the use of these arithmetic operations. However, this system remains external to money, and theoretically it can be changed to something else and to control operations with money in some other way. It is important that regardless of this superstructure over money their mathematical essence will not change.
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shezu007
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January 08, 2018, 11:36:26 AM |
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Bitcoin is a kind of cryptocurrency that is acceptable in most of the transactions online. It can be an alternative for a real money when you are transacting online. While real money can be used in daily basis transactions if the item is not payable online. Another best feature of bitcoin is that you cannot fake it while real money can since it is also called a "paper money".
Yea mate idea is correct. Bitcoin is a digital currency and also the price of of BTC is volatile. BTC process is very fast and most secure while also tax free and the most important advantage is that you can change it to any where in any currency while real money is slow process while it is also not secure as bitcoin while if there is also a problem while transferring from one country to another. |
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missyqt29
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January 08, 2018, 11:42:14 AM |
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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 has become dual in online market. It can be used as a currency to buy products and services online or an asset for an investment. Unlike to the regular investment in banks and businesses, the person have an absolute control when he will pull out his money. No strings attached. Just you and your faith. |
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Getcoinsite
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January 08, 2018, 11:45:14 AM |
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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?
Because converting your fiat money into bitcoins and invest it like banking bitcoin wallets is much better from time to time that the price fluctuates theres a changes to your money converted into bitcoins .you will earn from it especially if the price of Bitcoins go rise up. If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
Well that depends on what stocks you will buy ,some online sites which recommends you to convert into bitcoins for you to invest also there's a big difference on the fees of investing bitcoin and dollars . If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
i think just because you can do a lot with bitcoins you can just spend cents ,unlike fiat currency which about $1-$5-$10 .also bitcoin technology make a secure transaction that your identity can't be trace /gamble anonymously . What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
Yes ,as far as i know bitcoins transferable electronically, more or less instantly, with very low transaction fees for example Your bank may charge you a £10 fee for international transfers. Bitcoin doesn’t. It is fast ,you can send money anytine anywhere as long as you have an internet connection and as the money confirms its done ,no traceable link or identity record ,its anonymous . This thing that makes bitcoin different to all fiat money, is that it is decentralized . No single institution controls or holds the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money. [/quote]such a great explanation very specific in every details nice comment mate,this is what forums need this kind of answer from a mindful user.salute for you mate. But regarding to the OPs question after what have those experts answer i think what i can say is the only advantage of dollar or the physical money over virtual money is that being usable at all times specially when time that internet or electricity wasnt available.thats when the fiat ks functional and advantageous over bitcoin or crypto other than that is nothing. |
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bribed
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January 08, 2018, 01:04:52 PM |
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For me there is not much difference besides of the physical side of cash. For me a currency (bitcoin or dollar or whatever fiat currency) become what they are by the people accepting it as a means of payment. So as Bitcoin becomes more and more accepted in society, its just another currency that has all benefits of fiat, while being superior!
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MNtrio
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January 08, 2018, 01:22:31 PM |
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Bitcoin is a virtual currency that has no physical form, in contrast to real money that has a physical form such as coins and banknotes. Bitcoin currency can not be faked while real money can be faked.
In my thoughts i agree with this one because right now many faked money was scattered and sorrounded with many people who aims to be reached but in illegal situation.Unlike Bitcoin that can never be fake which make your coins secured and invest it for the future. |
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