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Author Topic: bitcoin vs. real money???  (Read 1964 times)
onemoretime8520
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May 02, 2018, 02:03:18 PM
 #321

I was not surprised that paper money is the leading preference of people in the world because it has no fees at all when you make payments and you don`t have to wait for the transaction to occur.

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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bertak
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May 02, 2018, 02:10:14 PM
 #322

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'm not sure bitcoin can compete with real money. Human psychology is such that a person loves the values that can be held in hand.

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May 02, 2018, 02:14:44 PM
 #323

Recently a survey was conducted among ordinary citizens of the United States. It turned out that the degree of preference banknotes lose debit cards only 6 percent.
The polls, which were held in may and June, involved 1 thousand Americans. Of these, 27 per cent preferred cash. Debit cards were more popular – 33%. Quite good things with virtual currencies. They suit 15 percent of respondents.
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May 02, 2018, 02:16:54 PM
 #324

For me i prefer using cash for my daily transaction activities because i do not buy or shop online.
Also because not all establishment here in us was accepting bitcoin as a payment also i dont like to carry huge sum of money so it does not really matter.

But for the security purposes and conveniency i prefer bitcoin. Its easy to cashout and also i could gain something from it if the price of it increase.
For me it become my bank. Which is really good especially it avoid trouble for other people if they know that you have a lot of resources.
I like how the system works.

Morning honor
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May 02, 2018, 02:45:39 PM
 #325

I believe in bitcoin more than real money.
As it has been, the bitcoin will eventually rise.
For me I would say both money and bitcoin will absolutely a great opportunity to take advantage so that we have a lot of income for our daily needs.

im posible
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May 02, 2018, 03:43:59 PM
 #326

For now, if money is still in control of the country's transactions and development rather than crypto it is natural. Why? The presence of bitcoin needs to be supported by various aspects, one crucial aspect is affordable internet access. We all know that not all regions of the world are supported by a network of qualified ones. I think if bitcoin-related infrastructure is okay, then bitcoin will become steadily becoming the king of revolutionary currency.

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May 02, 2018, 05:56:48 PM
 #327

Paper money is a usually used in any transactions, by buying, paying bills, and getting salary. For me, bitcoin and money are both great opportunity to take advantage, they both have value. For now, few people knows the bitcoin and it is takes times to accepts the bitcoin in our daily used.
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May 02, 2018, 06:01:15 PM
 #328

Paper money will be always a preference because all countries will never have 100% educated citizens if so then there will no beggars on street daily. People are afraid of using virtual currencies due to hackers attack on the wallet. So security is also a big concern. Virtual currency is growing worldwide which means we are going towards digitization. As debit/credit cards are getting popularity on the same one day virtual currency will be replacing physical money.
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May 02, 2018, 07:39:18 PM
 #329

I think that Bitcoin is better than real money.It has many advantages .First,the main i think that we can buy all with Bitcoin
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May 03, 2018, 02:41:21 AM
 #330

bitcoin cannot be compared with real money, it has a different features.
you can use real money for buying daily stuff, but bitcoin is not yet. you can buy car with bitcoin though.

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May 03, 2018, 03:00:12 AM
 #331

It is nice to see increasing dominance of virtual currencies including bitcoins. As the internet becomes widely available, the percentage will increase further.
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May 03, 2018, 03:07:15 AM
 #332

If someone is able to internet, it makes n sense to carry physical cash now. In my opinion, this trend will only become more popular in future.
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May 03, 2018, 03:15:09 AM
 #333

There is no problem in using ordinary money or digital currency if it gives you convenience. If bitcoin disappears, it does not mean that fiat money will grow. but today bitcoins and real money are related to each other like what most people do by turning bitcoin into their local money, so bitcoin and fiat are equally important in our daily lives.
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May 03, 2018, 03:17:48 AM
 #334

In my opinion, both of these 2 has their own strenghts and weaknesses, like money is more stable than cryptocurrencies but cryptocurrency is far better when trading is involved, but if I have to choose one, there is still few stores that accepts cryptocurrencies, and money or paper money still rules the wolrd, so I would choose money, but I am really hopeful of what bitcoin is capable of.

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May 03, 2018, 10:29:23 AM
 #335

At this forum everyone is discussing what is better, money or bitcoins, what to choose. Taking into account that bitcoin is constantly growing in price, while ordinary money can suddenly lose its price, I choose bitcoin for myself. In my wallet there is only a small part of fiat money for household expenses, the rest is all invested in cryptos.
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May 03, 2018, 11:56:58 AM
 #336

Many bitcoin players to exchange real money. Bitcoin is valued as real money in trading. Bitcoin - The future of electronic money was born as a currency revolution as its present value has grown at a tremendous rate in a short time. Bitcoin is accepted globally and is used to purchase many of the same things as real money, and can even "play real money" when Bitcoin is worth the extra money. Today, Bitcoin is the world's most valuable currency.
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May 03, 2018, 12:05:56 PM
 #337

For me is both are good, real money can used any transaction and bitcoin not yet can used for any transactoin.bitcoin and real money has a different feature.
but both is great in the world's.

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May 03, 2018, 12:12:15 PM
 #338

Bitcoin is still more preferable  to real or paper money.  Though because if the level of education and lack of access  to the internet in some parts of the world some people prefer paper money to bitcoin but considering  the easy transactions,  no limit to how much an individual  could own and that you don't need to join long queue  to make deposit or withdrawer of your money in any bank I can can tell you that bitcoin is still better
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May 03, 2018, 02:20:40 PM
 #339

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.
When it comes to benefits one can get through using this product as well as the reliability and convenience of using it while maintaining a fair amount of security, I will choose bitcoin all the way. It has everything I have said above while the only advantage fiat money has is it is stable in value and got backed by gold deposits. However less people will say that crypto is better than fiat because they dont know it.

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May 03, 2018, 04:47:25 PM
 #340

Bitcoin is a cryptocurrency that's why we can't use it as a medium of exchange in every sector of transaction. For that reason, real money or liquid money or paper money is necessary.

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