|
Hassan02
|
 |
April 19, 2018, 06:04:04 AM |
|
It is not comparable now as fiat money can be used every where but bitcoin cannot be used as money everywhere because bitcoin is a digital currency and we don't have digitization available at all places.
There is a lot of reason why is this as a digital currency cannot be compared on fiat and yet this is the first reason is on how we can be able to use this anytime and anywhere so that is why butcoin has its own world to be on how we can use it and also fiat has its own world too. |
|
|
|
|
|
|
|
|
|
|
|
You can see the statistics of your reports to moderators on the "Report to moderator" pages.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
Yohr87
Newbie
 Offline
Activity: 86
Merit: 0
|
|
April 19, 2018, 08:12:56 AM |
|
Bitcoin vs Money have many differences because money is controlled by the bank which accepted by the government and it is printed in paper and its price is stable.On the other hand bitcoin is digital currency and it is not controlled by the bank or no one contro!l it.and in bitcoin its price is volatile.And bitcoin is new compare to money.
|
|
|
|
|
imToken
Member
Offline
Activity: 392
Merit: 14
|
|
April 19, 2018, 08:21:41 AM |
|
Many people think that Bitcoin is worse than money, because money is recognized by the government, and Bitcoin is currently only recognized by the Japanese government and has not been recognized by more countries. Therefore, people always worry that Bitcoin will on which day suddenly became 0.  |
|
|
|
EVIAJOHNPAUL
Newbie
Offline
Activity: 71
Merit: 0
|
|
April 19, 2018, 08:22:38 AM |
|
No one can compare bitcoin to money because bitcoin will increase or decrease in the digital system and money will increase by the currency of different country then by using btc coin the money are must valuable from bitcoin but people are used is have a limit unlike bitcoin no limit to get.
|
|
|
|
|
|
ringgo96
|
|
April 19, 2018, 08:25:38 AM |
|
It is not comparable now as fiat money can be used every where but bitcoin cannot be used as money everywhere because bitcoin is a digital currency and we don't have digitization available at all places.
There is a lot of reason why is this as a digital currency cannot be compared on fiat and yet this is the first reason is on how we can be able to use this anytime and anywhere so that is why butcoin has its own world to be on how we can use it and also fiat has its own world too. correct. between digital currency and real currency is very different. digital currency more profit. because we do not have to worry about too much money we have and lose. security is also better |
|
|
|
|
markk94
|
|
April 19, 2018, 08:31:53 AM |
|
yeah you can absolutely compare those two currencies, but surely that bitcoin would win in many different way. the one that i think bitcoin is different from money, money is being likely controlled by government or even some nation. but, bitcoin have no one could controlled it. imo.
|
|
|
|
|
Omosomofa
Newbie
Offline
Activity: 196
Merit: 0
|
|
April 19, 2018, 08:34:02 AM |
|
Less volatile than cash, Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online. Ease of online shopping ,As we already know, Bitcoin can us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money. Bitcoin is digital and decentralized , With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. Cash is controlled by banks. There so many reason why it can't be compare to cash money.
|
|
|
|
|
chuanpu
Newbie
Offline
Activity: 75
Merit: 0
|
|
April 19, 2018, 08:39:22 AM |
|
I think the value of Bitcoin is huge, but the price of Bitcoin still has a big change, so Bitcoin is more risky than gold, so I don't think current Bitcoin can be a collectable one. thing.
|
|
|
|
|
Fairy_90
Newbie
Offline
Activity: 98
Merit: 0
|
|
April 19, 2018, 08:53:06 AM |
|
Longevity: Bitcoin money can be lost or stolen, but it certainly can not be destroyed. In the meantime, conventional money can easily be lost, stolen or destroyed, however, the damaged money can still be replaced without sacrificing value. With Bitcoin money, when we back up properly, it will last forever.BTC is a digital product, so it is easy to transport free bitcoin anywhere in the world, as long as you can connect to the internet. Traditional cash transfers are easy with just the right amount of money, but for a large amount of money, we need the support of specialized equipment and other means of transferring funds. , must declare customs if they want to cross the border. Traditional coins are circulated under the auspices of the government. Therefore, we have to accept it and pay taxes when using it. With Bitcoin, though nearly 5 years old and not yet widely available, many large retailers have begun accepting Bitcoin payments. Apart from gold and some other assets and commodities, many professional and institutional investors have started adding Bitcoin to their portfolio.
|
|
|
|
|
|
michellee
|
|
April 19, 2018, 01:50:40 PM |
|
there is a different between bitcoin and money and we know that. bitcoin cannot use as the payment in many country for now and only a few country that accepting bitcoin. but soon, if bitcoin is accepting in many country then maybe we can compare bitcoin with money but until that times, it is better to collect as much bitcoin that we can so we have a big chance to make a lot of money in the future.
|
|
|
|
|
dante golo
|
|
April 19, 2018, 02:20:45 PM |
|
Perhaps because money is a real form so anyone can save and have it while bitcoin is still a lot of people who do not know more widely so they are not too focused to have it even to try to invest.
|
|
|
|
johncartersr
Newbie
Offline
Activity: 28
Merit: 0
|
|
April 19, 2018, 03:36:30 PM |
|
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.
|
|
|
|
|
|
Krillin61
|
|
April 19, 2018, 03:41:31 PM |
|
Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!
Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.
In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.
when it talks about the value the bitcoin which is a digitalmoney is more valuable than the real money, but actully having this both is still good because those two has their own advantages and in real world we need a real money. |
|
|
|
|
|
crazy-pilot
|
|
April 19, 2018, 05:04:16 PM |
|
I don’t think that bitcoin will disappear at all. It has already existed for ten years. Maybe in twenty years there will appear other crypto currency or a new technology will be created which will substitute bitcoin but not eliminate it. It has already overcame the barriers shows stability. We can’t say for sure.
|
|
|
|
|
Dudeperfect
|
|
April 19, 2018, 05:38:54 PM |
|
Bitcoin is nothing other than another form of money. Now, money can be anything that holds value with it and having the ability to transfer from one point to another. However, the system on which Bitcoin is based has its own philosophy of decentralization. It will take time to inculcate the habit of using a single unit of currency across the globe irrespective of any regulation and controlling authority. There are some issues with it but things will improve down the road.
|
|
|
|
|
|
Sid3d
|
|
April 19, 2018, 07:35:40 PM |
|
I have never had to pay for the purchase of a crypto currency, but I've already seen a lot of online stores that accept bitcoin as payment. So I think that bitcoin is money
|
|
|
|
|
|
fattyforhire
|
|
April 19, 2018, 09:43:44 PM |
|
Both bitcoin and ordinary money have their own unique advantages, but I still remain in the opinion that the future is only for bitcoin.
|
|
|
|
|
WebTera
Member
Offline
Activity: 322
Merit: 10
|
|
April 19, 2018, 10:03:53 PM |
|
And yet we are forced to measure the value of all currencies in the rotet, as it is really tested for centuries and millennia.
|
|
|
|
|
|
Urbinklin
|
|
April 19, 2018, 10:11:59 PM |
|
Although we can not do without the usual money, I still prefer to have bitcoin and think that soon the world will begin to switch to the cryptocurrency.
|
|
|
|
|
|
Harrisonimo
|
|
April 19, 2018, 10:22:14 PM |
|
To me, Bitcoin is money but not readily spendable. The only difference is that money/fiats is readily spendable. The Bitcoin process of conversion is another thing that limits its acceptance in readily spending it - liquid cash. But I believe with time, there will be an easy merger and you can spend which ever you prefer.
|
|
|
|
|
|
