Digital money or virtual currency?

[ICOBounty205]

But I have little question for me to continue this topic. I find it a healthy topic.
In Asian countries, particularly in Southeast Asia, most of them have many poor or developing countries.
Blockchain 4.0 technology has not reached many people. Governments in Southeast Asian countries are too timid, they have not promoted, propaganda to help people understand and recognize Blockchain.
This is my small opinion, if any offense remind me. I will learn from experience.
Thank you so much!

It's the first time i've heard about blockchain 4.0 after reading an article about it sounds like another alt will be taking over. Governments from SEA countries aren't timid about bitcoin its just that every government at the moment have bigger problems (poverty,environment,population, etc) they don't have time about bitcoin/crypto and all those stuff. Here in my country they recognize bitcoin but doesn't support it because of the risks involve and local banks here doesn't want to be involve with bitcoin transaction if they found out they could close your account.

Thank you for comment. I will try to learn from you.

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[Sadlife]

Bitcoin really is a virtual currency but the difference is that you can liquidate it to your fiat and make use of it for your personal necessities. In my country bitcoin has also many misconception they think it's a scam, ponzi scheme, illegal cause it can be used to buy drugs, weapons. Clearly we need to educate the people with this misinformations so potential investors could join and stop being afraid of it.

[LuanX3]

If fiat currencies change into something like cryptocurrency, then probably crypto will lose its novelty and people will prefer to still use the fiat which has been digitized. Since the fiat will be supported by the country that created it unlike crypto which has always been frowned upon by the governments.

[serjent05]

If fiat currencies change into something like cryptocurrency, then probably crypto will lose its novelty and people will prefer to still use the fiat which has been digitized. Since the fiat will be supported by the country that created it unlike crypto which has always been frowned upon by the governments.

I think there is a positive effect on this.  Remember money being recorded on blockchain?  Corruption will then be decresed since all the government expeditures and incomes are open to the public.  These money will then be used to where it should be and not put on the pocket of this corrupt officials.  This is the reason why cryto is being frowned upon by the government officials.  Due to its transparency.

[ALOIS]

Do not pay attention to what they think. It is their problem. In my country, there are such people, but most  consider the cryptocurrency just as an investment opportunity.

[Shafiqul Islam]

Digital money or virtual money is which cannot seen but having digit value. Digital money is a numerical digit which is easily transfer via online. Bitcoin and Ethereum such kind of digital or virtual money.

[Gameroid]

Do not pay attention to what they think. It is their problem. In my country, there are such people, but most  consider the cryptocurrency just as an investment opportunity.

They are currently using bitcoin as for investment opportunity, and the reason is that currently bitcoin or other crytpo currencies are still not too much popular and legal to be use for everything just like fiat currency, but in future when bitcoin will become more popular then it will become possible and may be then people give more preference to crytpo currency to be use for shopping purposes.

[Miraz69]

To say virtual currency, we understand Bitcoin nowadays. Although there were many more coins, they could not yet come to the discussion. However, it can be expected that in the next few years, its popularity will increase in contrast to the digital currency.

[marlboroza]

Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?

No one can really control it and because of that it is threat to every system.
It is hard to tax it, countries can't take their piece of cake unless holders decide to share how much bitcoins they cashed out or have earned.
There isn't any other reason behind.

[yulchatar]

In my country only now laws are being developed to legalize the cryptocurrency. Thus the government intends to control and regulate it to prevent illegal operations with cryptocurrency. Well, I think many governments in many countries are afraid of this. At the moment, cryptocurrency, in particular, bitcoin, is not considered a currency but rather a commodity or property in my country.

[gabbie2010]

Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?

In my country too that is one of worst decision of people who I try to explain the potentials and benefits of investing in btc , ETH and  other cryptos but are taking me serious.
Although it will be difficult in explaining  blockchain technology to them.
As many people sees btc investment as a ponzi scheme I.e MMM fearing the worst could happen to their investment.

[batang_bitcoin]

I don't know why your country looks at bitcoin that way, there's nothing wrong with it right? Here in my country just like those countries that adopted bitcoin, citizens and government here are looking at bitcoin seriously. Not only an investment but also a digital currency, digital asset and store value.

[Sweetbtc]

Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?

Convince them that it is a real currency . It is a first decentralized digital currency as the system works without a central bank and single administrator. We can fulfilled our dreams with this currency people are doing transaction trading selling and earnings money from it so defiantly it is a currency and worldwide payment system.

[kidamazo]

My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?

You described my country exactly as it is. Even my family and my friends perceive bitcoin as a gamble. For example, when I told them about crypto currency, and especially about mining, my father looked at me like an idiot, because he does not believe that a computer can simply make money simply by solving some useless mathematical things.

[ICOBounty205]

I don't know why your country looks at bitcoin that way, there's nothing wrong with it right? Here in my country just like those countries that adopted bitcoin, citizens and government here are looking at bitcoin seriously. Not only an investment but also a digital currency, digital asset and store value.

My country is a developing country.
Focus on traditional investment: agriculture, industry ...

[Zadicar]

Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?

Convince them that it is a real currency . It is a first decentralized digital currency as the system works without a central bank and single administrator. We can fulfilled our dreams with this currency people are doing transaction trading selling and earnings money from it so defiantly it is a currency and worldwide payment system.

Convince them that it is a real currency ?

You are suggesting or advising wrong thing on here since bitcoin never become a real currency which can really be used but rather than its just on digital currency which do have significant use when it comes to online transactions.You cant really force people to believe on what you believe.If you have done your job on trying to convince them but they do just neglect you then let them be as long you do know the advantage when you are engaging into this technology.

[gogrowglow]

Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country

My country  is one of the ASIAN countries and sad to tell very few people here, to my knowledge, knews cryptocurrency, although maybe some people came accross the word BITCOIN, still they just pass it by.  Eventually in the future, we must have knowledge of cryptocurrency because this will play a big part in this past changing world of ours.  For myself, I really tried to gain knowledge so that I can use it now and in the future.

[Dheeraj Kumar Singh]

Advanced cash can be designated to a sovereign cash and issued by the guarantor dependable to recover computerized cash for money. ... Bitcoin and its choices depend on cryptographic calculations, so these sorts of virtual monetary standards are additionally called digital currencies.

[KorakPawon]

not both, virtual currency has no central control. Eni explains, there is no central entity that becomes the subject of arrangement and no party is responsible for management.

[pathapoddo]

Why are you thinking about other opinion. If you want to invest, you should invest here. And what about my country. I don't think so much about other. In my country, almost 300k people know about Bitcoin and related with Bitcoin. There is many people who just know Bitcoin is a digital currency.