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Author Topic: Digital money or virtual currency?  (Read 4173 times)
Heruwa
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September 08, 2018, 07:51:50 AM
 #401

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 They are too familiar with outdated and old technologies.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?

Indeed, for a bitcoin layman is an event. That is the understanding they get, from the submission that is not pro with bitcoin.
But if what is conveyed by intelligent people will be different and surely they can accept it.
This is the digital currency we receive when we transact through internet technology.
pooja1982
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September 08, 2018, 08:06:43 AM
 #402

The basic difference between digital money or virtual currency is only understanding, cryptocurrency is based on block chain technology and no third party for help to use it and on other hand digital currency means using fiat in credit and debit card. Bitcoin is the way to earn money and income online for working hard and participate in bounty and singnature compaign for earning without investment.
naily
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September 08, 2018, 09:13:16 AM
 #403

I think bitcoin is more like an investment or a digital asset that can be used as a tool for buying and selling transactions in countries that have legalized it, and bitcoin is not gambling because you invest and you are the one who set the strategy to get profit
stiffbud
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September 08, 2018, 05:09:48 PM
 #404

Today's generation is most advance then that before and all most everything in this time are done with the help of Internet. And in this situation bitcoin is the perfect asset for all kind of work which are done with the help of Internet. Bitcoin provide its user an high level secure online money transaction facility which low transaction cost. It also help in international transactions with out any trouble. Bitcoin also use for online shopping, trading and marketing all over the world. Many big companies and institutions also accept bitcoin as a payment method.

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kemonojim
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September 08, 2018, 05:37:28 PM
 #405

Bitcoin is a crypto currency that is used as a bitcoin online payment tool has its own currency symbol maybe for now there are not many people who accept the existence of bitcoin.
chandra12
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September 08, 2018, 05:59:24 PM
 #406

Simply no technology at any time appreciated fresh engineering or perhaps advancement also effortlessly. It's going to steadily sound right in their mind. At the same time, plenty of lifestyles are already altered. Give thanks to the celebrities if you are one of many early on adopters.
stayeduptolate
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September 10, 2018, 11:26:06 AM
 #407

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?
Bitcoin in present times is a very huge and potentiating crypto currency and therefore there are millions of people around the world who are investing into bitcoin as the bitcoin is a form of digital currency and has redefined the meaning of investment and considered as the most beneficial investment of the present times, and we all know that it has bring a revolution in the economic world, by opening millions of job opportunities for the people and therefore people love to invest into bitcoin.
mikan111
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September 10, 2018, 11:34:14 AM
 #408

For a year or two, they will all have to accept blockchain technology because it will be the reality and necessity to participate in the global financial market. As soon as some countries understand that, they will have more chances in the future and will be prepared for what comes!
Allura74
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September 10, 2018, 11:35:25 AM
 #409

Bitcoin is a crypto currency that is used as a bitcoin online payment tool has its own currency symbol maybe for now there are not many people who accept the existence of bitcoin.
Yes, bitcoin is a crypto currency as a product of blockchain technology its use and nature is not far from digital money by the fact that bitcoin is a digital money too because it has a digital value that have correspond to real money and because we used it through digital transaction therefore it is an electronics money too.

Marcel666
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September 10, 2018, 11:59:45 AM
 #410

Knowledge is power and as more people become aware of the potential in digital currencies, it would greatly disrupt the system of financial transactions.
Cryptocurrency and the block ledger protocol is the technology of the future.

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Coleth
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September 10, 2018, 12:01:44 PM
 #411

I would go both because of advance technology and virtual currency almost the same function with digital money. As long as you use both in legal ways then you are good to go.
12tribes
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September 10, 2018, 12:02:19 PM
 #412

Virtual currency is that which exist as a function of internet or air transmission currency. It becomes digital currency, when figures, units and technology is abale to make us see what is what in terms of currency. I think that many are sceptical because they don't understand it just yet. You have to teach friends and pessimists in a way that could convince them its all real.

#dhabitamartha
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September 10, 2018, 12:05:47 PM
 #413

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?

if in my region bitcoin is very well received and understood that the flow of technology must be studied not in opposition because technology provides many good impacts but there are also negative impacts depending on us all the goods will have two sides, so bitcoin here is still accepted and will be learned by many people and schools .
basyang
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September 10, 2018, 12:17:32 PM
 #414

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 way of thinking, because of the influence of technology today there are lots of things that we can learned online. Just like this, cryptocurrency is gradually spreading in our country. People are engaging in technology thats why it is very good source of income. Even if its not legal in our country at least it is not banned, and that is important for me now we can do more bitcoin transaction all we want.

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damrianto
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September 10, 2018, 12:48:08 PM
 #415

What is meant by virtual currencies is not only the most well-known bitcoin. currently there are 1,400 virtual currencies. So, bitcoin is not the only virtual currency in circulation. As for bitcoin is one of the virtual currencies with the largest market capitalization. So bitcoin is digital or virtual money that is a term for us traders on social media.
segogoreng89
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September 10, 2018, 01:43:10 PM
 #416

Maybe it will take time for those who have a mindset that bitcoin is gambling, opportunity, red black and so on. It all depends on the person, so you don't need to explain bitcoin to them, later when technology advances many people use bitcoin they will move on their own and they will understand the real bitcoin.
deppil
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September 10, 2018, 02:08:44 PM
 #417

What is meant by virtual currencies is not only the most well-known bitcoin. currently there are 1,400 virtual currencies. So, bitcoin is not the only virtual currency in circulation. As for bitcoin is one of the virtual currencies with the largest market capitalization. So bitcoin is digital or virtual money that is a term for us traders on social media.
Yeah bitcoin is the most widely used in virtual currency but its legality is still questionable? different from the digital currency made by
the government officially it would be preferred because it could be used and accepted everywhere
justhh
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September 10, 2018, 02:12:28 PM
 #418

In many ways, the tasks that need to be addressed to all of the market participants are related to the definition of the blockchain as a real financial tool.
AristoteI
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September 10, 2018, 05:06:56 PM
 #419

The most important thing is that you understand what Bitcoin really is, the fact that everyone else around you is mistaken in no way should affect your personal opinion.
mahboob123
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September 10, 2018, 05:39:20 PM
 #420

this is new electronic currencey

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