Bitcoin versus other offline currencies

[k1ng0fBTC]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

What do you mean by offline currencies? If you’re referring to real or conventional currencies, then you’re wrong. Currencies like dollar operates both offline and online, cause we have online banking and we also have cash, so saying that conventional currencies are offline only is wrong. It is even better than BTC because BTC can only be used online and not offline.

Offline currencies have no future and bitcoin is the future currency. If you invest in other offline currencies you will have to sell them finally because in the near future you will understand that bitcoin is going to take over the market and all other currencies will disappear from the market. It is better to invest in bitcoin today instead of waiting for the future.

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[NeeNts]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

OFFLINE currency like fiat?
how many FIAT you need to have for just a single bitcoin?
how FIAT going to be now? and who controls it?
how bitcoin digest the market and make the improvement? and who controls it.
what will you choose?
BITCOIN for the people or FIAT from the government?

Frankly speaking my choice is bitcoin because it has great potential and I can make big profits in the future. For me other currencies are just a waste of time. People are going towards digital currency and leaving offline currencies. For me there is no comparison between bitcoin and any other offline currency. I want to see and enjoy a cashless world in the near future.

[jojowar]

When it comes to security features, bitcoin is more secure compare to offline currencies or fiat. Btc has 2 long password that is very difficult to memorize compare to atm password.

[pieppiep]

maybe this digital currency and offline currency will still be usable and no one will be hostile, all will support and try to create a better and more comfortable world economy, digital currency will be used for people who already understand how to use the eyes digital money alone while for offline currency will also be used for people who want to use offline currency. but the highest risk is in bitcoin, because bitcoin has a very limited total supply so I am sure the price of bitcoin will never be stable and make prices always have a move up and down.

[iMark]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

What do you mean by offline currencies? If you’re referring to real or conventional currencies, then you’re wrong. Currencies like dollar operates both offline and online, cause we have online banking and we also have cash, so saying that conventional currencies are offline only is wrong. It is even better than BTC because BTC can only be used online and not offline.

Yeah maybe what he meant was fiat currency, you're right that fiat can be used offline and online, of course it makes fiat better than
bitcoin, because bitcoin can only be used online and even still limited to spending it because there are just few merchants who accept it

[akram143]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

What do you mean by offline currencies? If you’re referring to real or conventional currencies, then you’re wrong. Currencies like dollar operates both offline and online, cause we have online banking and we also have cash, so saying that conventional currencies are offline only is wrong. It is even better than BTC because BTC can only be used online and not offline.

Yeah maybe what he meant was fiat currency, you're right that fiat can be used offline and online, of course it makes fiat better than
bitcoin, because bitcoin can only be used online and even still limited to spending it because there are just few merchants who accept it

There is no big difference between the bitcoin and other currencies and it will not affects anything because each one had different investment preference so choosing a coin is also different.

[Maricel2017]

If you are looking for income you can able to get much higher profit in digital currency than offline currency which is fiat but digital currency is much risky to invest than offline currency there are always good and bad side of both currency. And still we need these both in our entire living in this world.

[Kiweikoo]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

To me, every one of them has its own purpose. Bitcoin doesn’t serve for everything, it can only be used online and that’s for sending and receiving money and for making payments on websites where it is accepted. Some people also use it just for investment, while some claim they use it as their main currency daily, I don’t know how that’s possible. I like both currencies, although my main purpose that brought me into cryptocurrency is to make more money, y’know, more dollars.

[$anounimus$]

maybe what will be widely used in the market is offline currency because I see digital currencies like bitcoin have a very limited total supply and have a very high influence in terms of demand so that prices will always move up and down which will make payments or transactions become uncomfortable because of very fast currency price movements so that the risk of this bitcoin digital currency will have a very high risk and surely many will choose to use offline currency.

[@Mhaiang]

Each currencies has its own purpose like the case of fiat currencies and cryptocurrencies and each of them has its own advantages and disadvantages too. Both these cryptos can be used together depending on which purpose it best serves.

[stellgod]

When it comes to security features, bitcoin is more secure compare to offline currencies or fiat. Btc has 2 long password that is very difficult to memorize compare to atm password.

Who told you that it is easy to crack ATM passwords? No one can ever know your ATM password, no matter how much of a guess work they try to do, it will always be difficult for them and will all be in vain.

Take for example I’m using 2841 as my ATM Pin, and someone steals it, do you think that such number will ever come to their mind? Well, I do know that people can steal from you using Debit/Credit Cards but that’s if they know the three digit number at the back.

[Beegovere]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

What do you mean by offline currencies? If you’re referring to real or conventional currencies, then you’re wrong. Currencies like dollar operates both offline and online, cause we have online banking and we also have cash, so saying that conventional currencies are offline only is wrong. It is even better than BTC because BTC can only be used online and not offline.

Offline currencies have no future and bitcoin is the future currency. If you invest in other offline currencies you will have to sell them finally because in the near future you will understand that bitcoin is going to take over the market and all other currencies will disappear from the market. It is better to invest in bitcoin today instead of waiting for the future.

In my opinion there is no comparison between bitcoin and offline currencies. You can shop online for bitcoin but you will have to transfer other currency through money exchanger and also convert your local money into dollars or in what is needed. Bitcoin is not only a usable currency but also a very profitable business and mostly people invest only for earnings.

[hahay]

why compare bitcoin against offline currencies because obviously cash or offline currencies are the most used by people around the world rather than bitcoin but indeed the trend has been change that digital currencies being so popular now and invest at them is good for long term but do not forgot that volatile always be the main problem for bitcoin and cash already defeat bitcoin from this case because cash is pretty much stable than bitcoin

Even if the flat money is being use all over the world but it can never get the importance as much as crypto has I know there is no other investment or any other currency has made which can replace the value of crypto such as bitcoin as for me bitcoin is the number one crypto after bitcoin I like only ETH

Anyway, bitcoin is a digital currency and offline currency is fiat and both of them are very much different and basically bitcoin is still in the growth stage, but even though cryptocurrency is still less prestige than fiat money at least cryptocurrency has many other benefits that fiat money doesn't have. So, digital money will be very good in the future with many other uses and benefits, of course cryptocurrency will be a choice for investors and about financial freedom.

[virasisog]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

Fiat money deflate in value every time there is a hike in price of the basic necessities of people and it goes like that more and more in the future.
so people looses their faith in real money and because of that people are learning about money through Bitcoin cause Bitcoin was made as the opposite of cash.

[Bugatti73]

Depending on what is "offline" currency. If you mean fiat, then bitcoin is much riskier but also more promising than the rest.

[bitbunnny]

I don't know why are people so much obsessed with comparisons of Bitcoin and fiat money. We need both, both have advantages and disadvantages and both could be used on our benefit. Cryptocurrencies are not trying to fight Bitcoin although many think so. Fiat money will continue to run economies all around the world and cryptocurrencies are trying to find their place in that system.

[Bugatti73]

You are right but some people, like me, want to use only cryptocurrency in future.

[Omair Amin]

For comparing bitcoin to other offline currencies in my opinion bitcoin is much better than other offline currencies & bitcoin is costly enhanced and getting more adorable things with it that took a long runner up as you mention offline currencies like cash and gold which accumulate a lot of things that creates main difference and you physically met someone to get it & much more difficult to get profits out of it.

[Mpamaegbu]

If you are looking for income you can able to get much higher profit in digital currency than offline currency which is fiat but digital currency is much risky to invest than offline currency there are always good and bad side of both currency. And still we need these both in our entire living in this world.

Yes, there is much rampant cases of fraud with digital currency because of the predominant absence of face to face transactions. Businesses and exchanges of digital currencies are mostly executed with either of the party (parties) having a personal contact. There is something about seeing and looking into someone's face and countenance while doing business with them. It tells a lot about someone's intention to some extent. Digital currency business lacks this.

[hahay]

Both have good market value and both are very important to have for many purposes. So, I feel that cryptocurrency and fiat money both have their own advantages whether it's for savings, transactions, etc. because the main purpose of it all is a benefit and of course makes the economy continue to move until it becomes better and continues to grow.