Digital money or virtual currency?

[taxmanmt5]

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 They are too familiar with outdated and old technologies.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?

Digital currencies or virtual currencies are basically the same thing.  Bitcoin and these altcoins are making average people Rich as they are adopting t and working in these new technologies. Same is the case with country. If an underdeveloped country quickly adopt it, it can be very good for them and for their people. People can find all new ways of earning online which were not possible before the invention of bitcoins.

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[tikanurqaidah]

many still see BTC as a bum investment. began the rampant mode of fraud because Bitcoin is currently on the rise, then public knowledge of Bitcoin is still low. That's what faked investors do. the possibility of people catching it like that, because Bitcoin busy talked about. People offer it with a promise of high interest. Whereas Bitcoin in the market as a fluctuating but provide a large yield without risk. That's the problem

[Sum24]

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 They are too familiar with outdated and old technologies.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?

Digital currencies or virtual currencies are basically the same thing.  Bitcoin and these altcoins are making average people Rich as they are adopting t and working in these new technologies. Same is the case with country. If an underdeveloped country quickly adopt it, it can be very good for them and for their people. People can find all new ways of earning online which were not possible before the invention of bitcoins.

Yes and my friend is one of them and they are really getting the benefit of it, digital currency is much better than our real of the virtual currency, more and more countries are accepting bitcoin now, bitcoin is making it very easy to get money and income online for working, if you don’t have capital to invest then you can earn with bitcoin using signature campaign and bounty campaign for earning free money but with capital we can only earn goods, but storing bitcoin will worth nothing.

[Thanasis]

many still see BTC as a bum investment. began the rampant mode of fraud because Bitcoin is currently on the rise, then public knowledge of Bitcoin is still low. That's what faked investors do. the possibility of people catching it like that, because Bitcoin busy talked about. People offer it with a promise of high interest. Whereas Bitcoin in the market as a fluctuating but provide a large yield without risk. That's the problem

Still we are too early with the crypto currencies it not yet completed its 10 year after it was launched so it takes time for everyone to understand what is bitcoin,because the money system is in the use for hundred of years so it definitely takes some time to take adoption.

[syamster]

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?

Digital currencies or virtual currencies are basically the same thing.  Bitcoin and these altcoins are making average people Rich as they are adopting t and working in these new technologies. Same is the case with country. If an underdeveloped country quickly adopt it, it can be very good for them and for their people. People can find all new ways of earning online which were not possible before the invention of bitcoins.

Yes and my friend is one of them and they are really getting the benefit of it, digital currency is much better than our real of the virtual currency, more and more countries are accepting bitcoin now, bitcoin is making it very easy to get money and income online for working, if you don’t have capital to invest then you can earn with bitcoin using signature campaign and bounty campaign for earning free money but with capital we can only earn goods, but storing bitcoin will worth nothing.

Wow this is really good to see such nicely use of bitcoin on a wide scale,  your friends are really lucky if they are getting change to use bitcoin as currency,  for sure bitcoin gives us money earning resources and it is improving the economy of our country with time, we should use bitcoin as much as we can use, bitcoin is the only currency which is getting famous very highly and in which people are showing interest now, I want to see bitcoin as only currency and no other virtual currency will be able to come across the bitcoin.

[gunhell16]

Digital money is referring to those plastic cards that bank control,
this is not safe like cryptocurrency as we find in the news many customers of the banks are being scammed and fraud.
this will not also go without the presence of internet, there are debit and credit.
while virtual is bitcoin and its alternative coins which we control and sometimes hacked. but as long as we are being safe we will not suffer that.
btw i am choosing crypto or virtual money.

[akram143]

Digital money is referring to those plastic cards that bank control,
this is not safe like cryptocurrency as we find in the news many customers of the banks are being scammed and fraud.
this will not also go without the presence of internet, there are debit and credit.
while virtual is bitcoin and its alternative coins which we control and sometimes hacked. but as long as we are being safe we will not suffer that.
btw i am choosing crypto or virtual money.

I think both digital and virtual currency are not a trustable currencies in now a days anything will happen in now a days so it is our own risks to invest on both these currencies .

[sajeebur rahaman]

It does not make any difference    Everyone knows this , It's actually money online, so everyone will take a little time to believe that it is a realistic one I think by 2020 all the countries of the world will accept Bitcoin   

[suvo05]

Maximum of the people looks at bitcoin just as an investment, previous year it was just a short term easy money making scheme. Which is completely misleading and false. That's why we see here many post like "bitcoin is ponzi". The blockchain technology is just started to implement in many areas, people will soon recognize its power.

[HolderLoo]

In my opinion, there are big differences in these two currencies. As we all know before payza, webmoney, payoneer ... it is heavily used in payment and is called virtual currency. Bitcoin is really a digital coin. It also offers superior technology, utility and innovation. A revolution to define decentralized supply is the difference.

[MIDCAZY1987]

It is difficult to call virtual currency or digital money. It depends on the acceptance of a country. People are there, people ...

[iv4n]

In my opinion, there are big differences in these two currencies. As we all know before payza, webmoney, payoneer ... it is heavily used in payment and is called virtual currency. Bitcoin is really a digital coin. It also offers superior technology, utility and innovation. A revolution to define decentralized supply is the difference.

Big difference exist, its not just your opinion. Bitcoin is crypto coin, digital coin is how would I call fiat in digital form. Technology, blockchain on which bitcoin is made is completely different from traditional system, supply is regulated different. Centralized system can't be compared with decentralized system, and that is maybe the biggest difference between this two systems, and after that almost everything else is different, supply of coins, transactions between users.
You can't compare digital currency, which is traditional currency in digital form with crypto currencies. People should stop doing that, and to learn more about crypto before starting to claim anything. There are many people who doesn't know how traditional system works, they need to learn a lot.

[BillCoin]

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?

The issue comes with the people, and I think that no matter where you go there will be people who refuse to learn about the newer topics coming out. They feel like since their life is going fine, they don't really need to look into the new. They're content with the old.

You're a curious person out of that audience, and that's what makes you (and most of the people on these forums) unique. We're understanding and building a community of knowledge about these cryptocurrencies here.

I don't think the United States has much time to deal with Bitcoin overall. There are too many internal problems going on here that the government pretty much has to deal with. They're likely to do a sloppy job with how they deal with crypto.

Think of me.
Most of them are happy with the present life, but I think human beings are always learning and cultivating knowledge.
Of course I can not force anyone to do anything, but I still expect them to think positively about Crypto
P / s: Me and my team often meet to chat around this issue.
Thank you for your suggestions I will take over

Some people, especially the old generation( 40+ years in age ), can't accept the fact that money is digital, and they just can't listen to things like " decentralized payment system" and etc, so they are instantly being rude about it and don't wanna listen to any new ideas.
Anyway, soon enough this old generation will pass away and we need to teach the young generation how decentralized payment system works and why it's really important for our society.

[Harper6]

It is difficult to call virtual currency or digital money. It depends on the acceptance of a country. People are there, people ...

Exactly it is all about the condition of the bitcoin in related country, we should wait for the bitcoin to be legal then we will use  it as money, in my country bitcoin is the digital money because it is very easy to pay for anything with bitcoin and a lot of companies are bitcoin as the legal currency, gradually bitcoin is spreading high, which is making the trust and they believe of people for bitcoin stronger than before so for me it is very good to sue as digital money as also as virtual  currency to save for long time as an investment.

[BitcoinCommodor]

It is difficult to call virtual currency or digital money. It depends on the acceptance of a country. People are there, people ...

In my opinion, calling either virtual currency or digital currency will hardly change anything and that this won’taffect the reputation of the crypto currencies. name has nothing to do with the nature of the crypto coins and that your focus should be on making of more money and learning the techniques which can then help you out in getting your desired results as this will help you in making more money.

[Crypto_4eva]

BTC can be associated with gambling is when you go in blindly and invest money to make more money. Crypto doesn't work that way. You really need to sit down and do research and look at properly before investing. Also many people don't understand the concept of crypto therefore give a negative outlook on it. Before I started I was very sceptical but now I love it

[wandino]

Cryptos are virtual currency now but they will grow out to be the digital money

[wriizo]

Everything regarding the crypto currencies is now mainstream. My grandpa knows about it, its on the news almost everyday. Everyone knows about it but still are afraid of investing online. I don’t think people get the picture with the virtual or even the digital currencies. Even when I started with investing in either one I was sceptical a lot. The people need an education and a better understanding of the blockchain technology.

[Findingnemo]

Cryptos are virtual currency now but they will grow out to be the digital money

Yes you are right when the people had a great hope and trust in bitcoin and some other crypto currencies it will definitely added to crypto currencies so I hope for that day to come.

[Tenderino]

In most countries bitcoin is neither digital money nor virtual currency! Why? Because money or a currency has to be accepted as a payment method and banks and exchanges are obligated to exchange it and this is in most countries simply not the case. In most countries bitcoin is simply a value storage and transfer system.