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Author Topic: Difference between Bitcoin and real money?  (Read 114865 times)
Allison567
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January 30, 2018, 09:36:18 AM
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 #2821

The difference between bitcoin and real money is that bitcoin is a virtual digital currency, and real money is the medium of exchange in reality.
Alamin2
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January 30, 2018, 01:07:41 PM
 #2822

Actually bitcoin is used as money. Because we invest our money in BTC account for earning money. Other way we can buy anything to use bitcoin nowadays. So we can probably say that bitcoin is alternative for money. But after that we see different of bitcoin and money..
Joylee
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January 30, 2018, 01:14:03 PM
 #2823

I perfectly perfect balance and cryptocurrency and real money. In my life, everything finds its application and that nothing does not suffer from this. So you can not give what one is preferred.
odranoel
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January 30, 2018, 01:22:39 PM
 #2824

Well for me, a big difference between the two; real money is easy to spend meaning hard save and bitcoin is need to exchange first to currency so that it can use to buy but it can be a form of saving.

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amih
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January 30, 2018, 01:40:50 PM
 #2825

the difference between bitcoin and ordinary money is bitcoin is a virtual currency that uses blockhaind technology with a few things we can do in between is by using bitcoin we do not need to carry money like fiatihinya money in general kitabawa physically. all we do is simply use gaget as a tool to make a transaction. it is just one of the convenience possessed by bitcoin and besides there are also some differences between bitcoin and ordinary money in which bitcoin is a decentralized currency that has no control over any party and of course it will be different with the currency that has a control of government so that all kinds of financial forms that we have will be very easily controlled by the government.

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nicko122
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January 30, 2018, 01:41:33 PM
 #2826

For a start bitcoin uses blockchain technology that is universal. As an investment this is one of the best options at the moment, thet's two. Well, of course, independence is probably the most important thing.
Joemzz31
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January 30, 2018, 06:10:05 PM
 #2827

the two differences that is visible about bitcoin and real money are: first, bitcoin doesn't have physical appearance than real money; second, the constant big change of bitcoin's price than real money.
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January 31, 2018, 06:48:51 AM
 #2828

Still never in history of money there was a precedent when money were so mobile, as bitcoins. The calculations became as simple as sending an email. Talking about bitcoin mobility, comparing it with a truck carrying cash, is simply not appropriate, because large sum transfers are made by several keystrokes of the laptop keyboard or any gadget. Money is transferred to another place in the world for a moment, no protection, no interest. This is truly "space" technology, which humanity did not yet know. To date, bitcoin - the most mobile means of payment.
Lorna t
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January 31, 2018, 08:29:55 AM
 #2829

 Smiley  as for bitcoin comes these job like bitcoin they do not really give your money as with real money really .first you just work here in the bounty campaign until the end of it you'll be greeted by their so called tokens that just really they will compensate you for the differences in money or tokens that will respect us .I'm more in this way because we are in crypto and we are also in the online job you will be in the digital way to use it and to the end we also get the sum of money we expect and after all have taxes will depend on our country too.we do not get much or less of it in bitcoin we can really  get the freedom in the same way we will take care of our money in a proper way or safety I'm sure that.or me should protect our money from an erosion of infusion  caused by their excessive printing in many cryptocurremcy and when sending bitcoins to the internet is difficult and or important to send money over to its significant distance so you can secure your access much be
Protected101
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January 31, 2018, 08:44:09 AM
 #2830

If we differentiate bitcoin and real money,bitcoin is cannot seen in physical appearance,the value of bitcoin is volatile sometimes going up and sometimes going down.The real money we can seen on physical and its value is fixed .They have big differences we can see bitcoin is more possibility to earn more profit than real money because of its value that cannot flactuates we dont have a chance to earn in real money.
mininghubby
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January 31, 2018, 08:56:33 AM
 #2831

the two differences that is visible about bitcoin and real money are: first, bitcoin doesn't have physical appearance than real money; second, the constant big change of bitcoin's price than real money.
first of all i must mention the equality from bitcoin and real money is both are the currency, but real money values in your own country doesn,t effect for you on other side bitcoins price value can effect.valuable and  i think the different from them is because bitcoin is cryptocurrency then you cannot storing in your pocket but real money is physical so you could carry it wherever you go.
Pamela Jobelle
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January 31, 2018, 09:26:29 AM
 #2832

In case of spending it quickly and without any hassle, the payment system here works very well. I can buy anything instantly in physical stores and online. In that aspect, Bitcoin isn't really going to break through here. Where Bitcoin can be of great help, is as an investment option, or store of value to keep your money away from banks and governments.  All we do is simply use the gadget as a tool to make a transaction.
vinz7229
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January 31, 2018, 01:55:02 PM
 #2833

bitcoin is an asset.so i think you can understand the difference between money and bitcoin.
bitcoin is not control by govt but money can.

Aside from that, Bitcoin is a virtual currency that use to buy different kinds of alt coins to trade in, it doesn't also controlled by the government so you can make lots of transaction from time to time, while real money is type of money that are regulated by the government, it is the usual money that we use in our daily life it has also stable price unlike bitcoin Wink
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January 31, 2018, 02:04:07 PM
 #2834

BTC is an invisible cryptocurrency, decentralized currency!

The traditional legal tender is tangible and can be controlled by the government!

The number of BTC is fixed to only 21 million, free from any government control!

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bbjay
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January 31, 2018, 02:18:16 PM
 #2835

There are lots of differences between bitcoin and Fiat. One of the common difference is that bitcoin is decentralize digital currency while Fiat is centralized currency. Fiat operate using online mode and offline mode while bitcoin is only online with the aid of internet. More so, only those that are educated can use bitcoin while fiat can be used by educated and non educated person.

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ashfer
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January 31, 2018, 02:27:30 PM
 #2836

Well everyone knows that bitcoin is a crypto currency which is accepted world wide as their mode of payment. It is said to be one of the first digital money which is decentralized as it does not come under any organization banks or companies and it is something which is not run by single administrator and it is being handled  by group of administrators from around the world.It is considered as one of the best form of investment from which we can gain more profit as compared to any other forms of investment as the market value of bitcoins grow faster than any market situation.Where as real life money on the other hand is something which has a fixed value in the market maybe its value changes from different countries as per the economic situation but it has to be converted to the local currency to be used in each and every region. we have to pay tax if we have lot of money as per our income .Where as in the case of being a bitcoin holder we don't have to pay tax for holding too many bitcoins and we can transfer btc from one part of the world to the other.Whereas in the case of real life money we will have to depend on third party like banks or money transfer organization to transfer funds from one part of the world to the other.I would suggest that you buy various kinds of digital currency instead of making deposits on stock and share or wasting money on online gambling there are a lot of digital money which is available in the market so its better to split your cash and invest on different cryptos to get more benefits.

Javathon
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January 31, 2018, 02:35:25 PM
 #2837

They are both currency that differs in other aspect because a bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank that will do online or by using internet, while the real money is any item or verifiable record that is generally accepted as payment for goods and services/work on real life.
TeraBitHoven
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January 31, 2018, 02:49:17 PM
 #2838

Unlike real money, bitcoin is a digital currency, decentralize and encrypted because of blockchain technology. It operates independently and cannot be controlled by the government, opposite to real money which is regulated by banking systems.
 
ogini
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January 31, 2018, 02:53:27 PM
 #2839

The different between bitcoin and real money is far greater than each other,you trade with bitcoin online to earn more of it but you can trade with your local currency,if you have bitcoin coin in your wallet when the bitcoin price increase your bitcoin also increase in value. Fiat currency dose not have this quality of grow.
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January 31, 2018, 03:16:49 PM
 #2840

the two differences that is visible about bitcoin and real money are: first, bitcoin doesn't have physical appearance than real money; second, the constant big change of bitcoin's price than real money.
absolutely you are right because these two things are from day first that bitcoin have no physical shape or logo and but this is nothing bitcoin is better than real money there are a lot of good advantages in bitcoin number one bitcoin price is high and secondly we can learn alot of things from it and the most good benefit of bitcoin is it provided a very good sources of income to everyone its also easy to carry bitcoin with yourself so we need to support bitcoin because bitcoin is totally different then any currency .
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