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Author Topic: Digital money or virtual currency?  (Read 3675 times)
megalith07
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September 12, 2018, 06:45:57 AM
 #461

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 They are too familiar with outdated and old technologies.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?
This misguided judgment of the coin is on the grounds that they have misconstrued this new technology. It is likely that when they were acquainted with this plan of action they just discussed BTC and that was it. While acquainting this subject with a layman dependably begin with Blockchain disclose to her the utilities and zones she can cover and interface with at exactly that point in the wake of doing as such you go into the cash and qualities that the BTC can give.
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Crungcrungtin
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September 12, 2018, 07:53:09 AM
 #462

if you compare the two, Digital and virtual. it is the same but in the two, there are advantage and disadvantage. like digital is easy to use like when you shopping. but not easily to use when you buy in the local market. thats why, this is the disadvantage. unlike virtual.
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September 13, 2018, 08:16:13 AM
 #463

That is also the reason that bitcoin and other crypto currency are spreading like a wildfire because of these curious individuals. And now , virtual currencies such as crypots are now verry popular and seem to be growing more and more as the time passes by.
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September 13, 2018, 04:48:00 PM
 #464

wait for some more time increased
as well as virtual money or digital money which is important to be positive or what kind of money if we use it well, no matter what, so I think choosing one can not be because both are important for the necessities of life

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September 13, 2018, 05:06:43 PM
 #465

Now, maybe your country does not consider Bitcoin, but just look at it for another 2 to 5 years, they will definitely care about Bitcoin. the important thing is, there is no prohibition on playing Bitcoin in your country, so that doesn't matter. continue to work and collect money as much as possible.
RiskySanchez
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September 13, 2018, 05:10:14 PM
 #466

digital money is more useful for this period while virtual currency still has a lot of consideration in usage and is still not accepted in the community or in some Asian countries. because it still counts as not yet safe or stable in value

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September 13, 2018, 05:10:26 PM
 #467

My country at the moment wants to hold an ICO and get investment for the development of blockchain technology and start studying artificial intelligence !

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September 13, 2018, 05:45:21 PM
 #468

What a good bitkoyn - he knows no boundaries. You can invest in foreign projects and wait for your country to realize the full value of the virtual currency. It will be faster than you think, believe me.
Hollic71
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September 13, 2018, 06:00:45 PM
 #469

In my city, few people are interested in technology. They just consume product and that's it.  Why is that?  I do not know.  It remains to hope for innovators - who will bring new ideas and raise the technology of blockchain.
AristoteI
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September 13, 2018, 06:06:56 PM
 #470

I was always less concerned about the opinions of people around me. I perfectly understand that many of them have no technical education and I do not need to listen to them.

Ezenwanyi1
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September 13, 2018, 06:45:18 PM
 #471

I would go for both ( virtual and fiat)considering they have diferent functions.
Borisov
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September 13, 2018, 07:04:40 PM
 #472

Fiat currencies will exist for a long time, but every year they will fade into the background. It's like a landline.

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September 13, 2018, 07:13:37 PM
 #473

So far, in my country Bitcoin has no legal status, but the preparation of the concept of regulation of the crypto currency market is almost complete.
AlexAtom
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September 14, 2018, 01:44:32 AM
 #474

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?

I understand you because my country is not fully allowing bitcoin as a currency as well.
In my country, we are allowed to trade crypto, but not to use it as a currency to paying something.
Maybe this is because many governments around the world still think bitcoin is not a legal currency.

erichall
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September 14, 2018, 01:48:45 AM
 #475

From my understanding digital money is the digitized form of our fiat. It has got the physical form and for convenience this has been given a digital copy. Virtual currencies were the one that can be felt virtually, one cannot hold it as if having fiat currency in hands.
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September 14, 2018, 02:07:55 AM
 #476

They will surely understand the value of BTC in 2020. Grin Let's see what will happen ???May be a positive


all businesses must always hope for a high price increase to make a lot of profits, especially in 2020, future bitcoin prices are strongly influenced by market participants that occur in the present, if from now on market participants use bitcoin to become a payment instrument
replacing conventional currency, there will definitely be an increase in the value of bitcoin itself and it can be ascertained that the value in 2020 can be very high ... but can happen otherwise if business people use bitcoin only for savings or assets then it can be ascertained in Bitcoin 2020. finished.
Yaspers101
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September 14, 2018, 02:13:40 AM
 #477

They will surely understand the value of BTC in 2020. Grin Let's see what will happen ???May be a positive


all businesses must always hope for a high price increase to make a lot of profits, especially in 2020, future bitcoin prices are strongly influenced by market participants that occur in the present, if from now on market participants use bitcoin to become a payment instrument
replacing conventional currency, there will definitely be an increase in the value of bitcoin itself and it can be ascertained that the value in 2020 can be very high ... but can happen otherwise if business people use bitcoin only for savings or assets then it can be ascertained in Bitcoin 2020. finished.

I think the second option is more believable.  There will come a new currency, which will replace bitcoin, as a means of payment.
nellakarisma
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September 14, 2018, 02:14:06 AM
 #478

if I prefer to choose digital currency, bro. for asset savings that I have to build a better future. if virtual currency is just to make transactions in the real world .

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tadung8790
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September 14, 2018, 02:16:21 AM
 #479

Just wait and see what the goverment do with this money. Maybe in 2020 with a few BTC you can buy a small market  Wink Wink Wink
Irfansyed
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September 14, 2018, 03:07:45 AM
 #480

These are examples of other virtual currency that are available in the world. Which are used in many countries for trading transactions? At present, its use is limited to developed countries. Some big and specialized lending institutions use it. It is not a credible currency due to the right and control of any government or institution on this. Most of it is used in unseasonable tasks. Therefore, it is banned in almost 70 countries of the world, India is also one of them.
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