Difference between Bitcoin and real money?

[paparexon0414]

This my idea of it, real money has its own value, it is use in everyday transaction, can be directly use (hand to hand) or  can be onlinr banking. On the other hand, bitcoin has no value, it is just representation of a value (and changes everytime). Can be use and be exchange to real money. I think everyone has its own definition of these two, so i guess i just share my thought.

[1714962639]

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[ekans45]

Both are currencies. Bitcoin is a digital currency and other local currencies we are using is normal currency with which we can purchase or do anything we need. As bitcoins is a digital currency, we can only shop or do anything only online. We can shop around and do more things online. But with other local currencies, we can do more / lot where we live.

Bitcoin is a digital money, unlike regular currency like dollars, it is not controlled by the government because it is not centralized. Right now, bitcoin and normal currencies have their own coverage, Bitcoin, since it is a digital currency, have a wider coverage in the digital market. But as we go a long with the global modernization, expect a wider acceptance of digital fiat in the market world.

[cybersofts]

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 currency that is fast, secure, decentralized, and acceptable worldwide which the USD is not! The bitcoin has limited supply of about 16.7 million bitcoins at the moment. Do you even know the USD monetary supply? even if you know that you can't compare it with the number of bitcoins in circulation that is why bitcoin is more valuable.

[Fantastic33]

Bitcoin is a digital currency and is regulated by bank, while money is a physical money which is considered by banks as the "real money". Bitcoin is decentralized, meaning transactions can be made peer to peer.
Some invest on bitcoin because the profit that they can get from it. 1btc is ranging from 14,000 to 15, 000USD and is expected to rise more on the succeeding years. People convert it to real money becauae there are some areas where bitcoins are not accepted by shops or food chains.

[Jmabion134]

the only difference thats on my mind is bitcoin is increasing the value but the real money is not increasing or decreasing and bitcoin can increase or decrease the value thats all i know for now im new in bitcoin

[kseniyu]

Bitcoin is not the way should be compared with the dollar, paper money, obsolete. Bitcoin is fast, secure and most importantly anonymous. You will not steal, unless of course you will not lose access to the wallet. Bitcoin is rapidly gaining value, so it is more profitable dollar. Bitcoin worth more than gold. And volume has surpassed the most expensive company.

[lexodig]

Real money is valid for circulation and is accepted worldwide, but bitcoin is not a country that accepts bitcoin as its currency. Bitcoin only sells to people who need it to get cash and you can also use cash to buy bitcoin when there are bitcoin sellers.

[ljm8888]

What's the difference between bitcoin and real money? The difference is very obvious. The real money is issued by the state's credit. Bitcoin? It depends on the Internet. There is no country to endorse bitcoin. That's why bitcoins don't get into people's lives. Bitcoin is now a virtual currency. Of course, it doesn't prevent me from raising it. Hold firmly!!!

[Shiversnow]

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.

We all know bitcoin and money have many differences. In addition to that, bitcoin is a electronic kind of money while money is a physical money that can be used in online and offline store. However, bitcoin is more valuable than money and its because of a high price on online market.

[seanskie18]

The difference between the two are bitcoin can easily change as a fiat or a real money but the real money can't change into bitcoin. That's the easy way to determine the differences between the two.

[DarLim11]

Their main difference are where are the two can be used. The real money can be used everywhere it is accepted by establishments to make purchases in other words it is accepted because it is legalized by the government.
While for bitcoins case even though its value is high not everyone accepts it as a payment. Bitcoin only can be used for transactions where the other party accepts bitcoins.

[Taqi Ahmad]

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 difference between bitcoin and real money are:
1. Bitcoin is digital asset, and real money is not.
2. Real money is old way for trading, and bitcoin is new way for trading.
3. Bitcoin is easier for international trading, and real money is only habit way for trading.

[Arisgado]

Both has different attributes in its features between bitcoin and real money. I am really amaze by bitcoin and how this wonderful invention was created.
The legality as well is also the difference of both of them. Bitcoin is not accepted by government.

[pratik.korde]

bitcoin is a digital currency and other is local currency which we use everywhere to buy most of the things. bitcoin is a electronic money it is fast and worldwide acceptable...

[Sumansharma]

Hello..

Bitcoin is a digital currency without any interference of any other 3rd party or any banks..  And it is highly secured..  Soo don't worry.. 😉

[minldem]

there are of course differences between them. bitcoin has been seen as the new money by most of people, i actually also thought that it can be tradeable as real money in the future but it has become just an investment tool. if the transaction fees continue to be that high, it could not be the real money. nobody can replace its money with bitcoin while they wait for their transactions validate and spend lots of their btc.

[Razumomo]

there is some difference between  bitcoin and real money. real money is cash which can be used instant whenever you want. but bitcoin is not hand to hand cash . it is one kind of invisible asset. real money never increased  if you hold them. but if you hold bitcoin it will give you double in profit.

[Peashooter]

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 lot of differences between bitcoin and real money like bitcoin doesn't have exact value and the price is volatile where it always change while real money has an exact value on market. In addition to that, bitcoin can be used in online market but real money can be used in offline and online store.

[spinno]

bitcoin is a digital currency and other is local currency which we use everywhere to buy most of the things. bitcoin is a electronic money it is fast and worldwide acceptable.Both has different attributes in its features between bitcoin and real money.
The difference between bitcoin and real money are:  Bitcoin is digital asset, and real money is not, Real money is old way for trading, and bitcoin is new way for trading, Bitcoin is easier for international trading, and real money is only habit way for trading.

[andrea.alexah]

Bitcoin and real money have the same value. You can also grow them depending on where,when,and how will you invest it. It's just that I think it is easier and faster to to earn using bitcoin.