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Author Topic: Difference between Bitcoin and real money?  (Read 114556 times)
portalufonet
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March 07, 2018, 04:49:46 PM
 #3181

The difference between bitcoin and real money is that BitCoin is a digital currency and is your future payment instrument. The life of the national currency is short, there is no ease of use. Bitcoin is safe, real money is not safe.
Satoshi is no god. He did not come down from the mountain with 10 golden rules engraved in stone for no one to question.
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shezu007
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March 07, 2018, 05:47:58 PM
 #3182

Bitcoin is also a real money and think bitcoin has better then fiat money. the difference between bitcoin and paper money is that , bitcoin is not legal currency all over the world while paper money is. Bitcoin has the high value in market that have no other crypto or paper currency. bitcoin is very help full for generating good income while paper money is fixed value and can't give you benefit of its value.
jamelyn
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March 07, 2018, 05:51:24 PM
 #3183

Bitcoin is a digital asset which has more value than a real money specifically dollars. It's value greatly rises from time to time while real money only rises a few cents or amount. Bitcoin can't be taxed that it is why people become rich fastly unlike real money which can be taxed by government and is controlled by elites.
oracleongoodbye
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March 08, 2018, 10:18:11 AM
 #3184

The difference of Bitcoin and Real money is that Real money is controlled by Central Banks, in order to transact with other people long distance you need a 3rd party which you have to pay to make the transaction complete in the other hand, Bitcoin is just peer to peer you only need to pay big for the miners if you want to get verified and confirmed fast or just pay minimum.
szpalata
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March 08, 2018, 01:32:43 PM
 #3185

The difference between bitcoin and real money is that BitCoin is a digital currency and is your future payment instrument. The life of the national currency is short, there is no ease of use. Bitcoin is safe, real money is not safe.

Have you see any national currency extinct before?What do you mean by it having a "short life" ? Please throw more light on this because there has been countless fiat currencies all over the world and how do you even compare the lifespan of fiat currencies and bitcoin?
emberbekas
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March 08, 2018, 01:41:10 PM
 #3186

Bitcoin is an investment. Values can go up or down even in a short period of time while real money is the currency we use to sustain our lives and its value will remain stable. Although bitcoin can also be used as a means of payment but its use is still very limited.

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March 08, 2018, 01:49:01 PM
 #3187

Bitcoin is "real" money, although it is in digital form. If fiat currency is "real", then Bitcoin is even more real. The only difference is that fiat currency exists in the physical form (as banknotes and coins), while Bitcoin exists in the digital form.

anami57
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March 08, 2018, 01:53:58 PM
 #3188

Of course there are differences between bitcoin and real money. BitCoin was seen as the new digital gold coin by most people, having the potential to be open to the commercial as bitcoin real money in the future. Bitcoin is used more as an investment tool today.
They are both currency but the big difference is that Bitcoin is a virtual or digital currency while the real money is a real currency or fiat money. We are can't use Bitcoin without internet due to the system will need of internet connection in every transaction but the real money you can buy anywhere and anytime when you need.
Pettuh4
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March 08, 2018, 02:12:54 PM
 #3189

I think bitcoin is totally virtual and fiat currency is physical in nature and real money is centrally controlled and then bitcoin is totally decentralized on a blockchain so it cannot be regulated by a central bank as in regulating inflation of an economy.
fiend91
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March 08, 2018, 03:31:54 PM
 #3190

There are many differences but one of the most obvious is bitcoin is a digital currency while cash is physical, that means bitcoin has limitations when dealing with physical scenarios like trying to buy groceries and waiting for a confirmation and things like that.
decano
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March 08, 2018, 04:42:06 PM
 #3191

real money, has been accepted by all the people of a country, and it is a medium of exchange that is set by the government. whereas, bitcoin is a cryptocurrency available on the internet, and has a high price, which is usually used as a means of transaction, investment, trading, and others, whose existence has not been accepted by all communities.
yvonnegalvan
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March 08, 2018, 05:03:52 PM
 #3192

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?

Real money, has been using all the people here in the world, and it is centrally controlled.Bitcoin is a digital currency, so that I think that bitcoin that has a limitation, not all people know what is bitcoin, but all of the people knows what is real money and they are using it everyday to buy the things that they wanted.
yvesp110
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March 08, 2018, 07:05:56 PM
 #3193

Bitcoin is an investment. Values can go up or down even in a short period of time while real money is the currency we use to sustain our lives and its value will remain stable. Although bitcoin can also be used as a means of payment but its use is still very limited.
bitcoin is new crypto currency launched in 2009 while real money is from a very long time. That’s why it is using very limited. With passage of time its value and price will going to increase. Many investors join the world of crypto currency. As it is going to be number one currency in investment. Also it is going to be number one currency in payment system.
Invest.Ort
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March 08, 2018, 07:31:30 PM
 #3194

1. The price of bitcoin will constantly grow, as the stock is limited, Fiat will not, but on the contrary znetsenivatsya due to inflation
2. To send to another country bitcoin enough for 5 minutes, through the Fiat and the banks 1 week
3. Commissions are minimal 0.10-1 $, in banks it is much more expensive
And there are a lot of reasons, I recommend you go to Google
kefir56
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March 08, 2018, 07:51:20 PM
 #3195

money is just a thing witch u can exchange on goods, well now for BTC it is a high price, the difference is only in the blockchain tech. so decide what to use

Cryptolord55
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March 08, 2018, 08:02:12 PM
 #3196

Well for me, the difference between bitcoin into real money is that bitcoin is quite risky since the price is not stable but bitcoin is more advantage from real money since you can use it in many ways (e.g., buying through online, paying bills). Since now and then, users would more used and adopt bitcoin because it will be like a real money or the future money in the next future, easy and convenient to use, safer than real money.
Kaan53
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March 08, 2018, 08:04:00 PM
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 #3197

The difference between Bitcoin and real money is that you can not make a real money purchase over the internet but you can get what you want with Bitcoin and you can even buy and sell it with real money but there is a possibility to use it outside the room you invest in the bank so you can trade it on the internet but you want a click like Bitcoin you can not send money to the time you want, it is far superior to real money and you can not even understand the difference between real money and Bitcoin when you raise your Bitcoin by buying and selling.
Btcmicel
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March 08, 2018, 10:41:48 PM
 #3198

Obviously, if you've actually done your research, you can buy stuff online with bitcoins if you don't have paypal. You can also use it to buy shady stuff since if you're careful enough, they can't track you.
you're really damn wrong, you're encouraging people to buy shady stuff and say that bitcoin's transaction can't be tracked,actually bitcoin's transaction is widely published and can't be deleted,just use blockchain explorer to see the transaction

The difference real money and bitcoin, the bitcoin is centralized coins to using the internet this is a a type digital money you do not show but alot of trding the market. The real money s using now in the country for buying anytimes what you want it.
nene14
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March 08, 2018, 10:47:47 PM
 #3199

For me,Bitcoin and real money is same as currency but there is difference between them, bitcoin currency can change the value in high and low and even goes drop unlike real money like peso the currency is stable no high and low. And real money can't be bring outside your country if its in big amount unlike in bitcoin even is in your btc wallet how much its in there you can keep it in your btc wallet apps, and its secure in your hand,and you can bring it anywhere you want.
sadsNDJ
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March 08, 2018, 11:11:50 PM
 #3200

In real Money,this is what the government give to us, especially those who are working. Here, we can use this one anytime and anywhere as long as within our country. Real money is centralized and design to every country to have their own currency. Bitcoin on the other hand it is a digital currency, and in fact this decentralized, In here, this is used to regulate and verify the transfer of funds and it is not depending on the banks. In short we have our own ledger in all the transaction that we had done.

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