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Dainye_dyep
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February 24, 2018, 10:26:53 PM |
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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?
It is quite obvious that the main difference we can literally seen between Bitcoin and real money is its feature the one being virtual in use and the other to be used in a real world feature. Also, many people especially those who are really into using not just Bitcoin but also other cryptocurrencies in hand tend to say that cryptocurrencies has a lot more potential when it comes to growth in price because as we can see and observe, cryptocurrencies even when just stored and hold for a while can grow up into a larger amount compared to real currency that although it pumps, but just on a little amount. |
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odakorlina
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Activity: 280
Merit: 10
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February 24, 2018, 11:11:54 PM |
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There are lots of difference between the two of them for starters bitcoin is decentralized while real money or Fiat is centralized. Bitcoins is a digital currency and it can be used just like credit cards if the online store has a payment method for cryptocurrency. Bitcoin has a huge potential that it's value could grow in a short period of time while paper money would take some time.
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adadaorlina
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February 24, 2018, 11:21:03 PM |
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Main difference is that bitcoin don't have physical form and money have. Bitcoin is decentralized digital currency. Real money is being regulated by Government. However bitcoin Bitcoin is a internet based currency, on which it has to be accessed in the internet the good thing is you can use it anywhere given that you are accessing internet. They have differences but still it helps you to use for your everyday needs and also for your future.
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Haxor321
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February 24, 2018, 11:47:55 PM |
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What are the difference of bitcoin and the real money? Ok i will explain it only. Ok the bitcoin can earn in this forum and if you convert it into our philippine cash you will know the high value but the real money is just a money. You can earn it easily if you have regular job, you cannot save it like the bitcoin security...  |
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gua86402
Newbie
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Activity: 126
Merit: 0
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February 24, 2018, 11:54:41 PM |
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Bitcoin has no government endorsement. Legal tender is endorsed by the government. This is the most essential difference!
Total circulation of BTC is a certain 21 million!
The issuance of legal tender is determined by the calculation of national government!
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Wish 107.5
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February 25, 2018, 12:04:29 AM |
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Difference is regulation, real money is regulated by governments or central banks, they dictate the value of real money, while Bitcoin is free as far as I know of regulations from governments, value is drive by supply and demand.
Indeed, Bitcoin is not controlled by the government while the real money is under by the government. Also, Bitcoin increases value why the real money stays. Furthermore, Bitcoin cannot be use worldwide while the real money can. |
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Jossy111
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Activity: 133
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February 25, 2018, 12:06:51 AM |
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bitcoin is a universal currency that can be spent anywhere in the world. transaction with bitcoin are always better, faster and delivers speedily. With
bitcoin there is no limitation in money transfer and you are not tied to any country tax policy when transacting with bitcoin.
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mamex
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February 25, 2018, 12:20:05 AM |
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The differences of bitcoin and $ actually is a lot, but some of them are :
1. Bitcoin characteristic is independent directly from any government
2. The transaction of bitcoin is very transparent just like a cash book of a bank that so far just accessed by the accountant of that bank, but bitcoin
with blockchain technology is allowed to be accessed by anybody.....so the transparency is very high.
3. Bitcoin is allowed to be transacted by peer-to-peer, not via a bank which can shorten the procedure and bureaucracy, and of course the cost.
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turagsoy123456
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Activity: 280
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
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February 25, 2018, 12:22:35 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?
I can only differentiate between bitcoin and the real money. Their is a very big deference between this two money. Bitcoin is decentralized digital money curriency an it can be directly use in diffrent kind of trasactions.espicially if you have dealing bitcoin in investment, there is an assurance that bitcoin is more profitable in return.Unlike real money is own and controlled by the state and the government its not decentralized. |
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khai29
Jr. Member
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Activity: 112
Merit: 1
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February 25, 2018, 12:30:42 AM |
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Bitcoin is needed internet to use it for transaction while money is you can it right away even no internet,but the value or price to each other is different.
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ovcijisir
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February 25, 2018, 01:01:35 AM |
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The differences of bitcoin and $ actually is a lot, but some of them are :
1. Bitcoin characteristic is independent directly from any government
2. The transaction of bitcoin is very transparent just like a cash book of a bank that so far just accessed by the accountant of that bank, but bitcoin
with blockchain technology is allowed to be accessed by anybody.....so the transparency is very high.
3. Bitcoin is allowed to be transacted by peer-to-peer, not via a bank which can shorten the procedure and bureaucracy, and of course the cost.
One more difference: real money is phyisical. You can touch it and smell it, but Bitcoin is only number on computer - it only exists digitally. |
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chibimanau
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February 25, 2018, 01:23:54 AM |
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The original money circulation is regulated by government regulations while bitcoin is not, so we can be free to use it. But biggest one is bitcoin is decentralized and its full supported by its market. It is great to have that kind of money in this age.
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wasaisi
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Activity: 210
Merit: 10
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February 25, 2018, 01:39:10 AM |
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The big differences because they can decrease the bitcoin and increase its value. And bitcoin price is too high compared to other currencies like the dollar big difference. They have differences but still helpful for your everyday and for your future.
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haster100
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Activity: 154
Merit: 10
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February 25, 2018, 06:07:19 AM |
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The difference between bitcoin and real money that we all know that bitcoin is totally digital and you can use it in any online gadget and the real money is very fair to use in a small business that you have.
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Ryan1212
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Activity: 93
Merit: 10
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February 25, 2018, 06:10:15 AM |
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The diferrence bitcoin and real money are .
Bitcoin is for online transaction and bitcoin increase the value and bitcoin is for the whole world .
Real money is for the everyday use . every country have money but not increasing like bitcoin.
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sadsNDJ
Copper Member
Jr. Member
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Activity: 131
Merit: 6
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February 25, 2018, 06:21:52 AM |
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According to Andrea Terzi Currency is the money of a given state while real money is the money that we used everyday.
For me in my own understanding bitcoin will used internet connection so you can do your transaction, whereas in real money you can used they every now and then.
In fact Bitcoin also as what I knew it is decentralized and not own by a government, while real money it comes from the government and hold it.
In Bitcoin, all of us will know everything where our money will probably come and no one could fool us apart there is what we called ledger in every transaction that we made so we may can review it . While in the real money it is centralized. You may couldn't know where your money sometimes come because sometimes corruption will hit us.
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racistyui
Member
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Activity: 110
Merit: 10
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February 25, 2018, 06:27:55 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?
Why convert from $ into bitcoin  ? Can you imagine buying a bitcoin like stocks or bonds, so why buy stocks, when stocks can not afford to live? So where can the stock spend? The stock is more accurate than the company's internal cash and is only allowed to trade in the company as well as trading on the stock floor! What is bitcoin here? You can visualize bitcoin as a company stock, simply because bitcoin is internationally accepted as a bitcoin unit of payment and circulation, which is why converting $ to bitcoin . So the conversion from $ to bitcoin to do , To increase the profit?, To rotate more conveniently ?? , and many other interesting things. Bitcoin will be a new trend, new development and a new generation in the development of the world! |
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SonOfNorth
Full Member
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Activity: 195
Merit: 100
THE GAME OF CHANCE. CHANGED.
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February 25, 2018, 06:29:16 AM |
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One more difference: real money is phyisical. You can touch it and smell it, but Bitcoin is only number on computer - it only exists digitally.
Not really. Most "real money" nowadays is digital as well, and so for the end user it doesn't differ from any cryptocurrency in any way at all. You have to understand that most people don't even understand how out current financial systems function, so to them digital numbers on a screen are just the same. |
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tansoft64
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February 25, 2018, 10:36:04 AM |
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For me on this days real money can buy instant goods whereas bitcoin that also can buy good but not in instant.
If you hold real money it will stay on that value whereas if you hold bitcoin its value constantly change.
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Konco126
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February 25, 2018, 12:07:11 PM |
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I think bitcoin is obviously different from real money. Bitcoin is a digital money different from real money. Bitcoin prices are much higher and churning irregularly. Menggukan bitcoin mostly must be sold first to the local real currency.
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