Mpamaegbu
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Once a man, twice a child!
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March 31, 2018, 09:59:27 AM |
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I thought we had always been on that comparison right from the beginning, SMH. Isn't that how the bitcoin value is arrived at in the first place and its superiority to the dollar and other fiats? Of course, that's how. On the other hand, that is about all the comparison yhere is because something has to be paired with something to get a value. But as distant as the day is from the night, that's how Bitcoin is to fiat. Both technologies are poles apart. Exchange media and supply are also different. Fiat can survive without the Internet but Bitcoin can not! The internet is the life wire of cryptocurrency.
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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faker_lol
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March 31, 2018, 10:10:51 AM |
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I think BTC represent for new technology!
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laryillary
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Activity: 238
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March 31, 2018, 11:32:53 AM |
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At different times, feathers were money. The shells were money. Dollars and the euro is money. Gold and silver are money. Bitcoin and other crypto-currencies can also be money.
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Dewao
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Merit: 100
Qravity is a decentralized content production and
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March 31, 2018, 12:23:56 PM |
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At different times, feathers were money. The shells were money. Dollars and the euro is money. Gold and silver are money. Bitcoin and other crypto-currencies can also be money.
Yes bitcoin is also a money because we can buy some thing we want through bitcoin as long as the store accept bitcoin payment we can do that, but the price of bitcoin is not stable and we need to know that. |
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maaydin
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March 31, 2018, 01:50:35 PM |
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well this was the whole point of the btc invention where they compared it with money but in current circumstances btc has deviated from being a money as it is more an asset or a form of investment.
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bbcolex
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March 31, 2018, 01:53:28 PM |
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If only btc has no or lower fees then it could have been stronger than fiat. yeah bitcoin is expensive because of it's supply but who wants to use bitcoin when you purchase a 10$ thing with 20$ fees, where in fiat you can buy basic things with no fees.
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syamster
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April 01, 2018, 04:11:21 PM |
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Actually it's both good to know and to have because they have benefits to others company so compare digital money to real money is no use at all,i think in the future the value of digital money is so high but still we need real money in life so even it's both money with different value still we need this in life so it will continue to be useful in future anything happen to the price.
you can not really compare bitcoin to money because bitcoin is a digital crypto currency that makes money while the money comes from your salary if you are working from the same level as bitcoin in different currency. We can use bitcoin for both reasons as it can be used as currency or money and it can be used as an investment and as an asset so the real fact it that we can use bitcoin to have multi benefits, actually it is true that bitcoin is the digital currency while money is the real money only but gradually in our community bitcoin is getting more famous and more useful than money, we can buy everything with bitcoin and at the same time we can save a lot of bitcoin as saving too. |
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makolz26
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April 01, 2018, 04:13:38 PM |
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Actually it's both good to know and to have because they have benefits to others company so compare digital money to real money is no use at all,i think in the future the value of digital money is so high but still we need real money in life so even it's both money with different value still we need this in life so it will continue to be useful in future anything happen to the price.
you can not really compare bitcoin to money because bitcoin is a digital crypto currency that makes money while the money comes from your salary if you are working from the same level as bitcoin in different currency. We can use bitcoin for both reasons as it can be used as currency or money and it can be used as an investment and as an asset so the real fact it that we can use bitcoin to have multi benefits, actually it is true that bitcoin is the digital currency while money is the real money only but gradually in our community bitcoin is getting more famous and more useful than money, we can buy everything with bitcoin and at the same time we can save a lot of bitcoin as saving too. That is right, bitcoin is just like money that we can use all the time, time will come that a lot of companies will eventually wanted to have bitcoin as one alternative way of payment, just like what is happening in Japan right now. |
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ombir
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April 01, 2018, 04:43:20 PM |
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I have gone till it is a bit of a real currency which is invested in a big way. And money has a fixed value, it can be used anytime, whereas the unexpected value of bitcoine is due to the upx value.
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cheesegrilledH
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April 02, 2018, 05:10:59 AM |
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Bro it hasn't still replaced fiats so still fiats are superior to it and so they will be naturally compared
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1battermainsheet3
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April 04, 2018, 01:31:32 AM |
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I don't wanna interfere with btcs much cause If I do so I will rather start hatibg them or get addicted to it completely LOL
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Codename23
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April 04, 2018, 01:41:28 AM |
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Bitcoin and money should not be compared to each other because bitcoin is a digital crypto currency that produce money while the money is something people use everyday in their lives to buy, pay or to have something they wanted. Also money is become part of the people everyday while bitcoin is not because not everyone uses bitcoin. There is a big differences to bitcoin and money so it should not be compared to each other.
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bryan21
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April 04, 2018, 02:08:34 AM |
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Bitcoin and money is different things. In bitcoin we can earn some money and do investment, not legalized yet, the price not stable yet.
For money already accepted in worldwide and also all sectors industry like bank especially. The price is still stable.
For me bitcoin is assets like gold, but bitcoin still more profitable more than gold.
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● ALAX.io | The Blockchain App Store Designed for Gamers
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the rise
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April 04, 2018, 02:09:55 AM |
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Bitcoin and money should not be compared to each other because bitcoin is a digital crypto currency that produce money while the money is something people use everyday in their lives to buy, pay or to have something they wanted. Also money is become part of the people everyday while bitcoin is not because not everyone uses bitcoin. There is a big differences to bitcoin and money so it should not be compared to each other.
I read a different article in which the Japanese state acknowledged bitcoin as legal tender, so bitcoin can be used as a means of mass payment, if this is true then your argument can be refuted at least there is a country that recognizes it. my assumption is slightly different from bitcoin is currency which also perfungsi as commodity asset that can be accounted like gold and property, while fiat only as currency only. |
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anavir
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April 04, 2018, 02:23:22 AM |
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both do good to us but they have both differences:in bitcoin we have to convert it to monetary unit in order to use it,we cannot save it in the bank as it is not yet accepted and it requires internet in order to have access or to used it..in short for me bitcoin is an investment that gives as money while money is our day to day used in purchasing without using internet or with out the needs of converting it
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Doy17
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April 04, 2018, 02:26:15 AM |
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bitcoin is easier to use and easy to carry while money is more complicated in payouts
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zhopas
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April 04, 2018, 02:35:26 AM |
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Money is the most important thing in people's life especially for those who didn't know what bitcoin is and how they earn in bitcoin. While Bitcon is a digital currency and it is not recognized by banks as currency however it is used as payment for goods and services.
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Arata
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April 04, 2018, 02:39:40 AM |
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I think comparing money with bitcoin is not worth it, not apple to apple. Bitcoin is arguably an asset of wealth investing (in digital form). So, I think it will be worth it and apple to apple if it compares bitcoin with other investment assets such as property, gold, stocks, mutual funds and bonds.
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whirlcoin
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April 04, 2018, 02:48:33 AM |
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Because the traditional money system was found long long ago but the bitcoin was found just 10 years ago and both are money and have value and both price will change according to the demand and supply.But availability of fiat money is huge so change in their demand doesn't make big change in the value but bitcoin is limited availability so small change in the demand will change the price too.
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nurilham
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April 04, 2018, 02:57:16 AM |
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Money is the most important thing in people's life especially for those who didn't know what bitcoin is and how they earn in bitcoin. While Bitcon is a digital currency and it is not recognized by banks as currency however it is used as payment for goods and services.
I agree with your opinion. currency and bitcoin have their respective functions and have advantages and disadvantages. so we do not bother comparing the two. which is important we can use both currencies properly and properly. so we are more easily in the transaction after knowing both currencies well. |
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