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Author Topic: bitcoin vs. real money???  (Read 1964 times)
BlockFolksHQ
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April 30, 2018, 12:07:45 PM
 #181

I think in short term we might still need to depend on real money as the bitcoin is still getting its popularity. But in long run, people might replace bitcoin with real money. All the transaction will be digitize.

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April 30, 2018, 12:16:32 PM
 #182

bitcoin is not regulated hence it's also not as safe to hold
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April 30, 2018, 12:19:24 PM
 #183

Bitcoin is not for everybody especially those people who had no knowledge about and don't know how use it. So for them real money is more comfortable to use in their daily lives.

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April 30, 2018, 12:26:57 PM
 #184

I am convinced that it we have an appropriate alternative for paying daily goods with digital money we do not need paper money anymore. Digital revolution proceeds in an immence speed and some day paper money is going to be replaced for sure.

it isn't that easy to use digital money in everyday life because everyone does not know about digital money. not all countries will accept it.
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April 30, 2018, 12:27:43 PM
 #185

As of now, I really prefer bitcoin rather than the real money because bitcoin is decentralized which means that non of my transactions are being recorded and seen by anyone but just me. It doesn't require much tax than real money. Lastly, it allows you to carry a large amount of real money in just a mobile phone or any devices that can access your wallet. Still there are some flaws but overall I still prefer bitcoin because the future is now. As our technology advances, so should our payment system.

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April 30, 2018, 12:31:07 PM
 #186

Bitcoin just simple digits on the others hand real money is a paper money which is controlled by governments within a certain taxes value.... and bank system controls real money.

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April 30, 2018, 12:33:23 PM
 #187

Both. They both have unique advantages. So they can run side by side
goku21
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April 30, 2018, 12:35:19 PM
 #188

for me bitcoin is better than real money because bitcoin price is fast enough it can increase its price unlike real money that does not change the price so I prefer bitcoin
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April 30, 2018, 12:43:16 PM
 #189

To be honest it would be really great if we could use bitcoin in any transaction that we would make just like using a real money,
But there isn't so much seller or company that is accepting it as a payment so we would still go with real money,
And even if the bitcoin could be use to buy anything I think not everyone would use it because of the high transaction fee that it would cost them more than just paying with real money.

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NewCryptocasinos
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April 30, 2018, 12:46:21 PM
 #190

Bitcoin or Real Money
Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.

In a near future I believe we will see more people with crypto wallets and less people with credit cards

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cmacwiz
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April 30, 2018, 12:47:15 PM
 #191

Bitcoin or Real Money
Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.
Paper money is still the leading way of making payments and will also continue to be the same for next many many years also as the confidence of people on paper money is more than cryptocurrency and also there are many people and also many countries in which no one knows what Bitcoin or cryptocurrencies are, so till then paper money would still lead cryptocurrencies.
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April 30, 2018, 01:33:39 PM
 #192

 i think for me I have no choice between the two because they are just as important for me. The only cash money to buy anything you want to make money is an importanti and everyone needs to eat  Smiley
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April 30, 2018, 01:39:55 PM
 #193

Bitcoin or Real Money
Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.

I thinks choosing bitcoin vs.money is really depends on the situation because both choices are very useful.
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April 30, 2018, 01:47:26 PM
 #194

i think for me I have no choice between the two because they are just as important for me. The only cash money to buy anything you want to make money is an importanti and everyone needs to eat  Smiley

Yes Agree, that's why i choose both because they plays very important role in our life.
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April 30, 2018, 02:00:40 PM
 #195

bitcoin disappears it doesn’t mean that fiat money will grow bitcoin is the product of our technological advancement and whether we like it or not there is a changes of monetary system in the near future to make the world fully digitally run as what our world marching unto it, but as of this day bitcoin and real money are interconnected with each other as what mostly people really do by converting bitcoin into their local money, so bitcoin and fiat are both important in our daily life....
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April 30, 2018, 02:07:31 PM
 #196

Bitcoin or Real Money
Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.

It is true nowadays, paper money still prevail that can't be deny actually. But in the near future, paper money also could also be replace by virtual currency which is Bitcoin which has really capable to become the world currency someday. It maybe impossible for now but there are many impossible things happened before.
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April 30, 2018, 02:15:14 PM
 #197

Of course, I think it would be really great if we could use bitcoin in any deal that we would do like using real money in today's world and in the future, in the long run Everyone can replace bitcoin with real money, All transactions will be digitized.

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April 30, 2018, 02:21:25 PM
 #198

Bitcoin or Real Money
Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.
Well so far bitcoin really helps my country and other people since bitcoin helps us to earn profit also the big helps is there an virtual credit card that we can load up to use purchase online even though we can also pay bills via bitcoin because our country bank accept and legalize the bitcoin so many senators , business and company are now start bitcoin unless they don't know bitcoin yet that is why they still using real money and also credit card that hacker can easy stole your money by pishing.
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April 30, 2018, 02:22:16 PM
 #199

Bitcoin or Real Money
Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.

Paper money is still the way to go as of the moment. We cannot deny that fact. From my personal experience, cash is still the preferred way of accepted payment by most of business establishments. That is what is being shown in the survey that you mention. It would have helped us if you provided the link so that we could read the entire survey. But we know that it is already going down while cryptocurrency is going up.

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April 30, 2018, 02:31:34 PM
 #200

In China,more and more people prefer to punch by Alipay or Wechat wallet during their daily life.Its hardly to see paper money be used.
Im not sure I had understood "the leading way of making settlements"in the last sentence.Would you mind tell me more about this?thx.
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