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Author Topic: Bitcoin is a part of "Digital money"  (Read 415 times)
First77 (OP)
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March 16, 2018, 04:12:25 PM
Last edit: March 16, 2018, 10:31:37 PM by First77
 #1

All you need to know about digital money http://www.digitalmoneytalk.com  

It is said now China is a "cashless society" and there seems to be no Bitcoin in China.

Bitcoin is just a part of digital money
12tribes
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March 16, 2018, 04:30:45 PM
 #2

The virtual currency innovation is necessary to meet the emerging and transforming technological space to meet the mounting daily volume transactions. And this is indeed a welcome development. The crypto graphic ledgers on which the virtual currencies are sent is marked and matched in a smart contract.   

First77 (OP)
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March 16, 2018, 05:09:46 PM
 #3

The virtual currency innovation is necessary to meet the emerging and transforming technological space to meet the mounting daily volume transactions. And this is indeed a welcome development.

$2,000 from online surveys is digital money. See there. The money is sent to the bank account and can be used for online shopping. Helps is "cashless society"
monalia
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March 16, 2018, 05:32:09 PM
 #4

All you need to know about digital money http://www.digitalmoneytalk.com

Bitcoin is just a part of digital money
Bitcoin is a digital money but it is decentralized digital money so this will make more profit in future and all the investors are compare to gold. I think you are not understand the cryptocurrency and blockchain technology because all are understand the Bitcoin is a global currency in future.

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March 16, 2018, 05:39:36 PM
 #5

bitcoin is a unique, decentralized digital money, no third-party, per-click, and bitcoin, unlike other currencies that are only used as a means of payment only, but bitcoin has now become an investment trend for investors because of its uniqueness.
as technology develops around the world, only bitcoin will be able to accompany future technology instead of flat money.
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March 16, 2018, 05:54:43 PM
 #6

All you need to know about digital money http://www.digitalmoneytalk.com

Bitcoin is just a part of digital money

That link directs to another forum, I don't understand what you want to explain with that.

Well, everyone knows that bitcoin is digital money and more or less it is virtual crypto currency. Anything that is transmitted digitally or used on the digital signalling will have the  digitalisation into it. So thats why bitcoin is one form of digital currency. The same way where we use fiat currency over the online transactions mode so calling it as digital money. Its completely different than cash or physical money. Thats how I look at it and your link still confuses me.
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March 16, 2018, 05:58:17 PM
 #7

Yes, Bitcoin is a form of a digital money.
It strives to first coexist with and then fully replace FIAT money as currency.

R21
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March 16, 2018, 06:01:25 PM
 #8

Yes all cryptocurrency is digital money, bitcoin is there part of this. and digital currency is the demand of modern world economical systems part.
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March 16, 2018, 06:01:48 PM
 #9

It is the wrong analogy to use when it comes to bitcoin.
There was another iteration of the first cryptocurrency and it was called digital cash or digital money from its creators.

I do not think bitcoin would want to be associated with that because it was a failed project back in the early 1990's.

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March 16, 2018, 06:03:41 PM
 #10

Yes of course bitcoin is a part of digital money it is decentralised digital currency.  
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March 16, 2018, 07:58:06 PM
 #11

All you need to know about digital money http://www.digitalmoneytalk.com

Bitcoin is just a part of digital money
thank you it is informative)
First77 (OP)
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March 16, 2018, 10:25:33 PM
 #12

thank you it is informative)

See there how people earn digital money.
First77 (OP)
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March 17, 2018, 03:20:12 AM
 #13

thank you it is informative)

Come to my Twitter page (below) and then my website for more and more information..
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March 17, 2018, 03:42:17 AM
 #14

though the OP is just advertising his website.. he does not understand the difference between money vs currency

bitcoin is a currency. infact anything can be a currency. its an umbrella term for anything people think has a tradable value.
money is a smaller sub category of currency. which is a medium of exchange with a set stable value that everyone can agree on.

bitcoin fails that test due to volatility and the fact that not everyone recognises it, intends to use it, wants to accept it
money is more about legal tender/fiat that is recognised, intented to be used anywhere and people want/do accept it

unless you can ask 100 random people how many loaves of bread can 0.00017btc buy you. .. without them scratching their head or having to do calculations or googling the answer, bitcoin is not money

bitcoin remains in the broader umbrella category of asset currency

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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March 17, 2018, 03:51:06 AM
 #15

Bitcoin can be a money to replace the  paper money. I don't think digital currency will ever replace paper money, not with third world countries. It will be difficult for them to adapt to such changes due to social, government and financial constraint because Such countries also have problems about internet connection but for developing countries Bitcoin will replace paper money as a legitimate and widely used payment instrument in the future.
First77 (OP)
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March 17, 2018, 04:26:31 AM
 #16

though the OP is just advertising his website.. he does not understand the difference between money vs currency

Read http://digitalmoneytalk.com or my twitter page
First77 (OP)
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March 17, 2018, 04:33:44 AM
 #17

China is definitely still very reliant on cash, maybe only in tier 1 cities does china have anything sort of a cashless society but paper money is very much a part of their culture. The Chinese New Year just happened and they just stuffed tons of envelopes full of paper cash and gave them to their friends and family.

Alibaba has racked up $25,300,000,000 in sales on Singles Day, China’s biggest online shopping day, so far, with close to $7 billion in sales made in the first 30 minutes.

This was 29 percent higher than 2016, when the online shopping company made $17.8 billion. This year it made $18 billion in sales before 12pm, making $1 billion in the first two minutes.

Link: https://www.rt.com/business

No Bitcoin used in China’s biggest online shopping day
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March 17, 2018, 04:42:49 AM
 #18

Bitcoin is the part of digital money and i am happy to use this money while the investors of this currency are getting good return over it bitcoin the digital money can be accessed every where in the world and it is secure too because i have invested my self in this currency and i am very curious about the bitcoin price and now the good chance to invest in this currency.

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March 17, 2018, 04:53:23 AM
 #19

This is a big part of the money and the part that appeared recently and the contribution to the future is developing
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March 17, 2018, 04:58:36 AM
 #20

It seems to me that any large platform like Google has long ago set up a mining machine for Maashin and gets money from it.
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March 17, 2018, 05:27:22 AM
 #21

Bitcoin is one of cryptocurrency which is basically a digital currency. This form of money and its storage is digital.
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March 17, 2018, 05:30:59 AM
 #22

Bitcoin is a digital currency.  It has a decentralized characterstics for that it has become a digital currency. There is no authority.
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March 17, 2018, 05:38:56 AM
 #23

I totally agree with the thread title. In fact, Bitcoin just pioneered the digital money and it's a part of all digital currency that currently exist.

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March 17, 2018, 05:47:25 AM
 #24

This is a big part of the money and the part that appeared recently and the contribution to the future is developing

bitcoin is very hot nowadays in terms of digital currency but most benefited are those  people updated with the latest technology

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March 17, 2018, 05:48:32 AM
 #25

All you need to know about digital money http://www.digitalmoneytalk.com  

It is said now China is a "cashless society" and there seems to be no Bitcoin in China.

Bitcoin is just a part of digital money

Of course Bitcoin is a currency so no doubt it belongs to digital money and all currencies that can be process thru digital transactions are belongs to digital currencies too but China did not banned Bitcoin but only the ICO or any foreign business which affiliated with Crypto currencies are ban in China so therefore Bitcoin are still existing in the country thru their local exchanges especially in Hong Kong.

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March 17, 2018, 05:51:37 AM
 #26

Bitcoin is digital currency  used for secure and instant payment anywhere in the world.  Bitcoin is the most popular digital crypto currency and most secure digital currency . Now a days bitcoin is the another alternative source of investment.
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March 17, 2018, 05:56:32 AM
 #27

you are just playing with words and then advertising a website which probably belongs to you. and you are too naive to understand that advertising a link like this will only get you a "small" and more importantly "temporary" traffic. in the end since it is a useless website nobody will go back to it.

as for digital money, bitcoin is a form of digital currency. and that doesn't mean anything, there is no point in mentioning it even.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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March 17, 2018, 06:05:30 AM
 #28

right. Bitcoin is part of digital money. The bitcoin market is now spreading around the world. bitcoin is strongly influencing the world currency. Many countries are concerned about the development of bitcoin.
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March 17, 2018, 06:10:00 AM
 #29

you are just playing with words and then advertising a website which probably belongs to you. and you are too naive to understand that advertising a link like this will only get you a "small" and more importantly "temporary" traffic. in the end since it is a useless website nobody will go back to it.

Did you see that website ??
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March 17, 2018, 06:12:48 AM
 #30

Bitcoin is digital money but that is decentralized and will generate more profits in the future. I think the Bitcoin is global currencies in the future. innovation virtual currency necessary to meet the emerging technologies area and fickle. And this is indeed a welcome development.
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March 17, 2018, 06:44:02 AM
 #31

All you need to know about digital money http://www.digitalmoneytalk.com  

It is said now China is a "cashless society" and there seems to be no Bitcoin in China.

Bitcoin is just a part of digital money
Bitcoin is an encrypted digital currency whose underlying technology involves a lot of expertise, including cryptography and computer science.

Gold can be easily divided, transferred, exchanged, and the exchange process is anonymous. And a BTC can be divided into 100 million, convenient for a variety of small amount trade, exchange of BTC is point to point on the Internet, is not subject to regional restriction, also has higher anonymity, without Banks and other intermediary agencies involved.

It is believed that in the near future, BTC will become the mainstream currency on the Internet.
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March 17, 2018, 07:01:42 AM
 #32

Cryptocurrency is a fruit of the rising innovation and yes it is a part of a digital money. Our society are starting to experience the benefit of a cashless transaction which enable us to experience a convenient way of living through the digital money. It also keeps our security from the danger whenever we are bringing the money anywhere. Crypto is one of the most recent and trending form of digital money these days which is absolutely giving us a lot of benefits aside from a less hassle transaction. We are all now looking forward for what the power of technology may bring is in the future and thanks to bitcoin as being fruit of the innovative world.
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March 17, 2018, 07:06:27 AM
 #33

Yes bitcoin is a digital money because you can do transactions with bitcoin even though you are cashless. As long as you have bitcoin on your virtual wallet, every transaction you will make is smooth
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March 17, 2018, 07:13:04 AM
 #34

A bitcoin is only one part of digital money of investment.the digital currency exchange rates on online marketing.they use a blockchain a shared public record of transactions, to create and track a new type of digital token one that can only be made and shared according to the agreed upon rules of the network, whatever they may be digital.money.bitcoin is nothing more than a digital file that lists every transaction that has ever happened in the network in its version of a general ledger called the black chain Bitcoin is the first example of a growing category of money known as cryptocurrency in which open sources in digital world.
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March 17, 2018, 09:31:22 PM
 #35

Cashless society means all the currencies of the world are digital currency. Bitcoin is the small fish
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March 17, 2018, 10:12:28 PM
 #36

In fact bitcoin is the foundation of digital money on a daily basis thousands of online transactions are carried out and this is most time affected by some factors but with bitcoin technology the transactions can be carried out with was and at the comfort of all it users.
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March 17, 2018, 10:25:30 PM
 #37

All you need to know about digital money http://www.digitalmoneytalk.com  

It is said now China is a "cashless society" and there seems to be no Bitcoin in China.

Bitcoin is just a part of digital money



all if crypto currency is digital money but bit coin is most of them because bitcoin is the main source of all digital money and  had a big value in the market
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March 17, 2018, 10:44:33 PM
 #38

All you need to know about digital money http://www.digitalmoneytalk.com  

It is said now China is a "cashless society" and there seems to be no Bitcoin in China.

Bitcoin is just a part of digital money

        Base on my knowledge Bitcoin is not just a part but it is really a digital money. Bitcoin is a decentralized digital money which is free from government and there is no single authority controlled  it. I said digital money because we can use it to buy and pay for goods and services online or as long as there is an internet.

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March 17, 2018, 11:09:11 PM
 #39

Bitcoin is digital money the future of money relay on bitcoin and the other crypto wont be able to beat bitcoin, simply because cryptocurrency started in bitcoin and the other crypto is just a branches ffrom bitcoin that has improve version of it but it wont change the fact that bitcoin is still the leadinf crypto.
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March 18, 2018, 04:55:22 AM
 #40

Base on my knowledge Bitcoin is not just a part but it is really a digital money. Bitcoin is a decentralized digital money which is free from government and there is no single authority controlled  it. I said digital money because we can use it to buy and pay for goods and services online or as long as there is an internet.

US Dollar, Euro, UK pound etc.. are centralized digital money in cashless society and online shopping
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March 18, 2018, 03:48:12 PM
 #41

Yes, Bitcoin is a part of digital money and it is first decentralized digital currency with high security and good privacy in the cryptocurrency world.
It is becoming more popular day by day through social media. we can say bitcoin will be currency of the future.

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March 19, 2018, 06:45:36 PM
 #42

You should never expect to get rich with Bitcoin or any emerging technologies. It is always important to be on your guard when something sounds too good to be true or goes against the basic economic rules.
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March 19, 2018, 07:17:20 PM
 #43

Bitcoin is the power
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March 19, 2018, 08:23:12 PM
 #44

Bitcoin is a digital money but it is decentralized digital money so this will make more profit in future and bitcoin is compare to the real money. bitcoin is a future money in this world because the value or the price of bitcoin is equivalent to real money and the bitcoin is one of digital currency. bitcoin is a digital money can use to transact without a cash.
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March 19, 2018, 09:18:04 PM
 #45

            Bitcoin is the first cryptocurrency and is still the biggest when you own a Bitcoin it is the collective agreement of every computer on the Bitcoin network. If you want to own a Bitcoin either become a miner or simply buy Bitcoin by spending your fiat currency. To become a miner it will be difficult because you have to spend more for electricity . Both Bitcoin and virtual currency are digital currency both currencies are used to purchase goods and services.

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March 19, 2018, 09:22:59 PM
 #46

All you need to know about digital money http://www.digitalmoneytalk.com  

It is said now China is a "cashless society" and there seems to be no Bitcoin in China.

Bitcoin is just a part of digital money

Bitcoin is not just a digital money...specifically speaking it is anonymous digital money. No country will ever want to make their economy anonymous and decentralized(independent), therefore many countries such as China is demoting Bitcoin as Digital payment mode.
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March 19, 2018, 09:39:03 PM
 #47

All you need to know about digital money http://www.digitalmoneytalk.com  

It is said now China is a "cashless society" and there seems to be no Bitcoin in China.

Bitcoin is just a part of digital money

         In cashless society,They use credit or their debit card to purchase items in department store or even in the restaurant for payments of their foods and bitcoin also can be applied on these as part of digital money but in the sense that btc was banned in china, so this will not included even this is also a digital money.
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March 19, 2018, 09:43:57 PM
 #48

All you need to know about digital money http://www.digitalmoneytalk.com  

It is said now China is a "cashless society" and there seems to be no Bitcoin in China.

Bitcoin is just a part of digital money

Bitcoin is literally a virtual money which is created to be an innovation of cashless society through blockchain. China may be not accepting Bitcoin but there are also other crypto currency circulating in that nation other than Bitcoin alone.

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March 19, 2018, 10:02:41 PM
 #49

All you need to know about digital money http://www.digitalmoneytalk.com  

It is said now China is a "cashless society" and there seems to be no Bitcoin in China.

Bitcoin is just a part of digital money
[/quote


Bitcoin is a decentralised digital currency. As long as there is an internet, we can use it to exchange goods and services online, it is free from any government regulations as of now and that makes transactions easier and cheaper. No paperwork’s involve to it. I think iwhen it will be regulated then that will be the time ,they will call it money. Money in the future,no more local currencies, that a government  will keep bitcoin with them, enforce people to use bitcoin for their benefiti of using it.


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March 19, 2018, 11:28:15 PM
 #50

It is a digital money. It is generated through internet access in other words it is a virtual money where we can acquire it online. We cannot touch and see bitcoin. We should do some research to gather more information about it on order to be more knowledgeable on crypto currencies.
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March 19, 2018, 11:31:46 PM
 #51

It is a digital money. It is generated through internet access in other words it is a virtual money where we can acquire it online. We cannot touch and see bitcoin. We should do some research to gather more information about it on order to be more knowledgeable on crypto currencies.

In cashless society, you cannot see and touch US dollars, Chinese Yuan, Euro, UK pound etc.. Currencies are just numbers.
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March 19, 2018, 11:33:39 PM
 #52

It is a digital money. It is generated through internet access in other words it is a virtual money where we can acquire it online. We cannot touch and see bitcoin. We should do some research to gather more information about it on order to be more knowledgeable on crypto currencies.
Yes no doubt about bitcoin that it is digital money where we can really use it online. Definitely we cannot touch it so likewise not a physical money. Bitcoin become popular to the users because of the good and the opportunity it has and cashless is one of that can attracts to the users.
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March 19, 2018, 11:45:40 PM
 #53

I think it's more than just a part. It is the beginning of this era of digital money.
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March 20, 2018, 01:15:51 AM
 #54

I think it's more than just a part. It is the beginning of this era of digital money.

25,000,000 people worldwide using Bitcoin is just a part
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March 20, 2018, 01:32:35 AM
 #55

As the description of bitcoin as cryptocurrency ,it is really part of the digital money moving across the internet access , invested and transactions are made as this bitcoin is the medium of exchsnge in the digital world business.

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March 20, 2018, 11:09:25 AM
 #56

Bitcoin is a digital currency.  It has a decentralized characterstics for that it has become a digital currency. There is no authority.
Best characteristics for bitcoins are, or you can say cryptocurrencies as a whole, decentralization is amazing. They can never be tracked down by any other person other than miners.

If someone have enough bitcoins in his wallet, others only know he have bitcoins but how much or where, they never get to know. People are loving these incredible coins for so many reasons and only for the reason, bitcoins are king.
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March 28, 2018, 06:43:37 PM
 #57

That link directs to another forum, I don't understand what you want to explain with that.

Digital money was there long before Bitcoin arrived. Bank-wire transfers is the oldest form on digital payments.
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March 28, 2018, 06:54:10 PM
 #58

Base on my knowledge Bitcoin is not just a part but it is really a digital money. Bitcoin is a decentralized digital money which is free from government and there is no single authority controlled  it. I said digital money because we can use it to buy and pay for goods and services online or as long as there is an internet.


US Dollar, Euro, UK pound etc.. are centralized digital money in cashless society and online shopping

Yes, Bitcoin is a part of digital money but you forget to add that Bitcoin is first decentralized one. Decentralised makes the difference and this unique approach makes Bitcoin different and standing out from existing digital money.

Bitcoin will rise again just HODL.

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March 28, 2018, 06:57:21 PM
Last edit: March 30, 2018, 10:40:40 AM by Lalafell
 #59

Bitcoin is one of cryptocurrency which is basically a digital currency. This form of money and its storage is digital.
Bitcoin is a digital money cause it works in internet, and you can transact it only in internet, you can use this for  investing only made in internet. We all know that there is a possibility that bitcoin will become our future currency and I hope it would happen because it is quite convenient because when you pay some bills it doesn't need any effort you can simply say that it is hassle free. Lastly, as of now bitcoin was recognize as digital money but I hope it would become our future money.
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March 28, 2018, 07:16:34 PM
 #60

I think this is very true. Bitcoin is a valuable coin. It has a strong influence on the world currency market. In the future, bitcoin can be substituted for cash. Bitcoin is a special currency.





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March 28, 2018, 07:53:47 PM
 #61

I do not think that Bitcoin is totally a kind of Digital money. it is not only used for payment but also used for storing asset, international transaction and it is a kind of investment asset specially

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March 30, 2018, 09:03:04 AM
 #62

Therefore, Bitcoin can be called virtual gold rather than electronic money, since it has much in common with precious metal
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March 30, 2018, 02:22:24 PM
 #63

Bitcoin is a valuable coin and I really agree if bitcoin is part of the digital currency. That's because bitcoin can only be accessed through the internet
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