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Author Topic: Difference between Bitcoin and real money?  (Read 114803 times)
AnnaGeraMsk
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March 05, 2018, 09:25:39 PM
 #3121

Bitcoin in the limit of only 21 million, while 5 million have already been lost without a return, so it is limited, and the finate money is printed by each state without a stop and by desiring thereby de-rating them !!!
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shafi alam
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March 05, 2018, 09:33:49 PM
 #3122

Maybe some people told you that what is fiet currency.
you judge it from your sight as a gambler.  its a online money transaction system with very low fee then bank.
megynacuna
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March 05, 2018, 10:38:34 PM
 #3123

I would say bitcoin is virtual and can be spent online only whereas real money is rweal and can be physically handled and used to perform transactions. There is no counterfeit bitcoin and so it cannot be double spent but there can be countless different notes with the same serial number and coins of fiat currencies and these can be spent all together. Bitcoin is not limited by jurisdiction or any central authority but fiats are always controlled by a central bank.
juiceannabel
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March 06, 2018, 03:35:16 AM
 #3124

bitcoin are digital currency, real money are physical currency.
this is the basic knowledge that everyone should know.
bitcoin doesn't have physical form like a real coin.
Ralphson
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March 06, 2018, 03:48:42 AM
 #3125

Bitcoin runs on a decentralized system where transactions cant be altered.The total supply of bitcoins is also known unlike fiat where no one stands the chance to know the total printed money in circulation..and above all, bitcoin grows  and increases  more in value than fiat.It is also faster and easier to send and receive money across the globe
nsndasod
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March 06, 2018, 03:56:08 AM
 #3126

I think bitcoin can never become real money unless it is stable enough and real money is recognized by the state and the state can regulate it according to the economy.
sbjkfl
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March 06, 2018, 04:00:13 AM
 #3127

Maybe some people told you that what is fiet currency.
you judge it from your sight as a gambler.  its a online money transaction system with very low fee then bank.


Bitcoin is the currency. Put simply, bitcoin is an abstract digital currency, and because of its scarcity, bitcoin is also known as digital gold. No issuer "is the strength of bitcoin, but to traditional financial practitioners, the" no issuer "currency is worthless.
Tylerthomas12
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March 06, 2018, 04:02:11 AM
 #3128

It is just that money is convenient to use as per now, bitcoin is just good in using investment and trading.They will convert Bitcoin to local currency and use that money for their personal needs. And BTC transaction we can not track but real money transaction we can track.
josephpogi
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March 06, 2018, 04:07:29 AM
 #3129

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 electronic codes encrypted on computers with reserved and significant values while real money is the tangible value in which we use to buy and exchange goods or products, Also the real money is backed up with gold reserved in a country while bitcoin's value do have an exact supply which its price ia depend on total demand and supply.
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March 06, 2018, 04:14:12 AM
 #3130

Bitcoin is a decentralized digital currency which no government or banks can interfere.  It is also as called virtual money because you cannot physically hold but you can convert it to fiat currency.  
While fiat money is a legal currency or so called paper money which govern by the government and abide with decree of the law.

kaijang1808
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March 06, 2018, 04:33:31 AM
 #3131

bitcoin can easily buy online.but  the real money was easily using in real life.
addeqt
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March 06, 2018, 03:11:31 PM
 #3132

The enormous contrast is that you dont need to physically hold bitcoin and you dont need to physically hand over bitcoin when you do installment exchange. While physical cash could break down and could be torn separated, bitcoin gets away from every one of those debasement. Be that as it may, the physical cash dont change its esteem 20% out of a day and is steady, while bitcoin cost is so unstable it could change its incentive in a flicker of an eye.
farukahmed
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March 06, 2018, 03:52:19 PM
 #3133

It's pretty common question among peoples in general so far we can point out many differences, money exist and other other hand bitcoin has no physical  existence as money. Other than we can use both currency in same purposes. There are more differences  as making trade with money there's slightest risk always for losing it but with digital currency it's more secure and fast moving features than real money and above all real money is centralized but bitcoin is decentralized.


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fotosonics
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March 06, 2018, 11:16:11 PM
 #3134

With bitcoin, you have the chance of gaining profit from it when you invest in it. Whereas, in real.money once it's in your hands there is no chance of growth. Though, in money when you place it in a bank there may be some profit gain through its interest but it is significantly low compared to bitcoin.
Charloz24
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March 07, 2018, 12:06:41 AM
 #3135

I think the difference of bitcoin and real money is bitcoin is a cryptocurrrency coin and the real money is issued by the government in itself.Bitcoin cannot touch in real because bitcoin it is a coin or a money you can see in the coin wallet and bitcoin you can see if rise up or down value.Real money you can touch in real because government provided to us if you have work and you can get a real money for your compensation.
dbstmddhks
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March 07, 2018, 12:28:42 AM
 #3136

We can use bitcoin here in digital wolrd though we can exchange it into our currency. We can use bitcoin here if we have transaction in online. I guess there are things or website who accept bitcoin as a payment and thats quite a good thing and bitcoin is decentralized. While the real money is cotrol but the government and we can use that in a real world market.
anti76
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March 07, 2018, 12:31:40 AM
 #3137

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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March 07, 2018, 04:46:20 AM
 #3138

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.

Bitcoin is a web-based virtual commodity, not a currency, that is essentially different from the digital currency that the central bank is studying. At present, the Bitcoin trading platform is often mistakenly identified as an exchange. In fact, the current Bitcoin trading platform does not have a corresponding financial license and can not be called an exchange.
Kaiwillliamjames003
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March 07, 2018, 05:03:46 AM
 #3139

Money will be accepted anywhere, its money. But its not really efficient, it can be stolen by a thief so easily in your pocket. Bitcoin cant be taken from you by theives.So this is the start and in future our names will write in history that we were the very early users of this currency.
koyo12
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March 07, 2018, 05:06:15 AM
 #3140

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 of real and bitcoin is you can literally hold the money unlike bitcoin its virtual money but its the same value in our life. Bitcoin you can spend online by using to buy things you like, paying bills just like real money. But bitcoin is so high demand to others.

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