Digital money or virtual currency?

[ricardobs]

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.

There is no such difference in between either of these and that these are just the terms and that you can use any one of the term which you like the most and that won’t make any such difference. You just need to be sure that you are dealing with the right coin and that you have invested your money in a coin which can then help you in making you earn more money rather than loss.

[Cosbycoin]

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.

It is really a difficult thing to categorize bitcoin as either digital money or the virtual currency. There are so many people who think of bitcoin as digital money because of the involvement of the internet and that there are others who think of it as virtual currency due the volatile nature of the bitcoin but still all of them are investing their money into it because they know this will make them richer.

[radjie]

exactly as it happens in my country, many people think that bitcoin investment is a form of gambling, they only look from the negative side only. but if the study more deeply bitcoin of course can change the life of a person to be better, especially in terms of economy.

[rickadone]

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?

I think you’re making a mistake in the topic, Bitcoin is a virtual currency and is also a digital money cause it can’t be used physically like we do with conventional currencies.As for people who are thinking that Bitcoin is worthless or scam or whatever it is they believe it to be, it’s just their own business. Our success doesn’t lie on same spot, we all have places where we can achieve success, and till you find that source I don’t think you will make success. So if you believe cryptocurrency is the right place for you, then go for it, but if it’s not, you should find another thing.

many people think that bitcoin investment is a form of gambling, they only look from the negative side only.

As of now, bitcoin is widely being used as an investments compared the people who opt for using as a currency. But, only for gambling must be a complete misunderstanding and you must put efforts to make your people to get the actual of bitcoins.

[Tamilson]

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.

Right. Don't push this too much to them, if they wanna believe you then they will but if they don't no matter how hard you try it will just end up talking in thin air. Bitcoin is digital currency and not a real currency and I think it will be impossible for third world country to accept bitcoin as a currency as this will be a big threat for banks and stock market. Really there's some people that are unable to embrace new technology, it's awful to think but it's the reality.

[Lora_ng15]

in my country stupid people, they do not want to learn something new and prefer to live in poverty;) It is worth noting that bitcoin was taken by those countries in which a high standard of living.

[syaripudin]

lack of knowledge about bitcoin is one of the factors that cause their indifference to bitcoin is mainly those who are not too interested in bitcoin. I think the most important thing is to give an understanding of bitcoin to people who do not yet understand about bitcoin. and of course in giving understanding about bitcoin widely it is necessary role of government, especially in terms of legality or policy that must be given to public to be more able to understand about bitcoin.

[Snaic]

Many countries do not yet take bitcoin and another crypto currency as something inevitable and inevitable. They still do not understand the revolutionary nature of the crypto currency and their blockchein technology, they do not realize the fundamentally new changes that the crypto currency provides in the area of ​​financial relations. However, when the leading world countries legalize the crypto currency and start using it in trade relations between the states, everything will change and all states realize the necessity and prospects of its implementation and use. However, this process is long, there will be more years, and maybe decades.

[solarion]

Many countries do not yet take bitcoin and another crypto currency as something inevitable and inevitable. They still do not understand the revolutionary nature of the crypto currency and their blockchein technology, they do not realize the fundamentally new changes that the crypto currency provides in the area of ​​financial relations. However, when the leading world countries legalize the crypto currency and start using it in trade relations between the states, everything will change and all states realize the necessity and prospects of its implementation and use. However, this process is long, there will be more years, and maybe decades.

Except some African countries now almost all the countries know about bitcoin. When we are 2015 there are huge number of people lacking in bitcoin knowledge but now somehow they are in trading and some type of crypto investments.

Even fiat cash also moved to digitized one but we can see the people who does not know about the internet also in rural side of every country. Hope all government make them more educated and allow the learn more technology with farming as well. Virtual would be best choice for future generation so let them live don't put them single bucket.

[richminded]

lack of knowledge about bitcoin is one of the factors that cause their indifference to bitcoin is mainly those who are not too interested in bitcoin. I think the most important thing is to give an understanding of bitcoin to people who do not yet understand about bitcoin. and of course in giving understanding about bitcoin widely it is necessary role of government, especially in terms of legality or policy that must be given to public to be more able to understand about bitcoin.

Ordinary people are being feed with a wrong meaning and that is why most of the people are scared to invest in cryptocurrency, its not just lack of knowledge but more on spreading fake news. Someone should educate more people for them to fully understand it and I know, its a hard thing to do. If government support this thing, People can now use it without worrying.

[rhayot]

It's just that your people and your government are not open to explore new technologies and they are relying on the fake news that are spreading about cryptocurrencies, they think that this is a big joke and taking a risk when they invest to it, but it's not. My country is belong to third world country and our government and the people here are very open to the innovation of technology that is happening all around the world.

[whandut93]

This is so hard for me to find the word to say, but digital currency is quite different from the virtual currency itself, I think that digital currency means that we are using credit or debit cards, but cryptocurrencies are the currency which used by blockchain technology and we don't need the third part to help to use cryptocurrencies.

For an example, as a result, when there is no advertising,  we will not pass on advertising costs. This structure will eliminate hidden advertising costs. Its mean that we are directly connecting contractors to the customer.

So, about your question do I prefer digital currency or virtual currency? I answer it with I put my trust in the virtual currency.

[spyerf]

I do not think too much about other people's opinions. but that I know and I feel bitcoin is good for me personally, and in my country just be warned not to invest in bitcoin, because risk at loss. it's natural because the government wants its people to live. and gambling, it depends on us using bitcoin. because if we intend to gamble, anything can be used to gamble. so it convinced me to stay here in bitcoin as my side income.

[Tactical Genius]

In my country alot of people have started investing in Digital currencies especially Bitcoin and ethereum,they have a view they are the future of payment systems.Im glad that is happening because it means people are learning to appreciate innovative technologies.The only unfortunate part is that,the government wants to start streamlining or banning Bitcoin operations in the country.

[Weawant]

Digital momney is outdated and uprofitable thats why you can see that many people goes to  virtual currency since the profitability of this kind of e currency is wide range and we can able find more ways to earn since this one has good adoption. And I'm so sure that virtual currency industry will grow for even more since the existence of bitcoins could brag it to riches.

[roronoa zoro]

Baik uang digital maupun uang virtual keduanya juga memiliki masing-masing nilai.Dan yang paling penting keduanya juga mempunyai sifat karakteristik yang berbeda-beda serta bisa juga dijadikan sebagai alat investasi.

[tuikindu01]

The main feature of digital money is decentralization. Unlike traditional currency, the decentralization of digital currency is very prominent. Issued a digital currency is running, don't rely on the central bank, the government, enterprises and other organizations that support or credit guarantee, but rely on information technology, cryptographic algorithms, network protocols, such as theory ensures that any individuals, institutions, government, is likely to manipulate digital currency amount or manufacturing for inflation.

[mak2017]

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?

Because majority of people are sceptic or afraid of new technologies which are coming to our life now, as it seems to me.
It all comes down to basics when you just heard of bitcoin and don't understand nothing, go read about blockchain & bitcoin. Sadly not many people go for knowledge of new technologies, so statements made by this kind of people have 0 weight.
A lot of young people where i live are showing great intention to study blockchain and cryptocurrencies, they don't trust that much old bank system and see in cryptocurrencies a way for a better living.

[gunhell16]

Digital and virtual are both depending in the internet to function.
Digital is a money from the bank either credit or debit.
which you can get with your complete information and proper documents.
while virtual currency which i love, is a currency over the internet with out any physical aspect that you can easily turn into fiat any time and even without identification.

[RamonBTC]

Even with the social media advertising, bitcoin or blockchain is still hidden to those who don’t look for it. Even with the used of internet to search for it, the answers would be far from reality. Even with the news from mainstream media it’s still incomplete.

Why? Because our government don’t want you to invest to it, they don’t want you know about it and they don’t want it to be more popular. And why? Because they’re corrupted by the bankers who paid them.