Bitcoin fake money? Think again!

[nicecrypto]

Perhaps those with limited knowledge about what btc is will most likely consider it as such, people have doubt about things they have not come in contact with, i know so people around me who have this same believe, some are now convince that btc can be use for transaction others are yet to be convinced, as time pass by more people will understand.

[1714977434]

1714977434

[1714977434]

1714977434

[1714977434]

1714977434

[1714977434]

1714977434

[1714977434]

1714977434

[1714977434]

1714977434

[Bitcoinqubit]

Last weekend I spend some time with some of my relatives and one of them were playing a online game called, Forge of Empires. This is a browser-based strategy game with more than 10 million registered users  

The main goal of the game is to expand and develop a city beginning from the Stone Age and ending in the Virtual Future. (They even have Crypto currencies as a tradable commodity within the game)   <Well, not actual Crypto currencies, just a in-game commodity>

So after watching my nephew playing for 1 hour and talking to him, he revealed to me that he spend over $1000 on buying virtual diamonds in the game. <in 6 months>  

We started talking about real Crypto currencies and he immediately started the argument that Crypto currencies are "fake" money and that it was not real money or even a commodity. My counter argument floored him, because I asked him if the diamonds that he bought in the game was real or if the items that he bought in the game was real.?

His whole perspective on Crypto currencies changed, when he realized that digital items can have a value and that the virtual items that he bought within the game had less value than the bitcoins that can be bought and sold.  

He asked me to help him buy some bitcoins and he was very happy after a week, when he saw his investment in the supposed "fake" money, going up in value when the price increased.

Should we confront more people with the argument that most of the digital items that are bought online, might have less value than Crypto currencies.  

Ps. I emailed the developers of the game <InnoGames> and asked them if they might consider accepting Bitcoin as a payment option, but they gave the generic answer that they are open to new payment options, but they cannot give a timeframe for when this might happen. <I think more people should ask them>  

great man

if i think what crypto will do to games where you can earn and sell huge land and other shit wow its unbelievable.....also in shooters and other verticals games

[Mike Mayor]

Last weekend I spend some time with some of my relatives and one of them were playing a online game called, Forge of Empires. This is a browser-based strategy game with more than 10 million registered users  

The main goal of the game is to expand and develop a city beginning from the Stone Age and ending in the Virtual Future. (They even have Crypto currencies as a tradable commodity within the game)   <Well, not actual Crypto currencies, just a in-game commodity>

So after watching my nephew playing for 1 hour and talking to him, he revealed to me that he spend over $1000 on buying virtual diamonds in the game. <in 6 months>  

We started talking about real Crypto currencies and he immediately started the argument that Crypto currencies are "fake" money and that it was not real money or even a commodity. My counter argument floored him, because I asked him if the diamonds that he bought in the game was real or if the items that he bought in the game was real.?

His whole perspective on Crypto currencies changed, when he realized that digital items can have a value and that the virtual items that he bought within the game had less value than the bitcoins that can be bought and sold.  

He asked me to help him buy some bitcoins and he was very happy after a week, when he saw his investment in the supposed "fake" money, going up in value when the price increased.

Should we confront more people with the argument that most of the digital items that are bought online, might have less value than Crypto currencies.  

Ps. I emailed the developers of the game <InnoGames> and asked them if they might consider accepting Bitcoin as a payment option, but they gave the generic answer that they are open to new payment options, but they cannot give a timeframe for when this might happen. <I think more people should ask them>  

great man

if i think what crypto will do to games where you can earn and sell huge land and other shit wow its unbelievable.....also in shooters and other verticals games

On googleplay look for crypto galaxy, phoneum treasure hunt (something like that), laser chain and worldopo. They are all crypto games you can earn crypto with.

[bettercrypto]

This post basically belongs in the Bitcoin discussion section which is why I agree with the poster above me.

The biggest problem with transacting with BTC is the process is not that simple when compared to other digital payment methods(Visa, mastercard, Paypal etc) which is why we need a better system when compared to the current one to solve this issue and simplify the process.

Just wait till Satoshi Nakamoto announce it! Many people are also have problem dealing with the slow network transaction. But eventually, it will resolve by proponents of bitcoin. BTC will become better soon as it will develop the core system specially when it comes in network. But right now, bitcoin carried out most of altcoins and that is the primary goal of btc.

[Vinalians]

Perhaps those with limited knowledge about what btc is will most likely consider it as such, people have doubt about things they have not come in contact with, i know so people around me who have this same believe, some are now convince that btc can be use for transaction others are yet to be convinced, as time pass by more people will understand.

Yup, that's correct. There are so many of them that the way they think is exactly like that. Many of the people nowadays are still thinking bitcoin is not real and I guess in the future the last thing that they wanna say is that they regret not believing in it at first. Personally, I know some kind of these people, I do not blame them but I am trying to say that in the future for sure bitcoin will be included.

[ecnalubma]

Not surprise that most people when they hear first about crypto specially bitcoin first comes to their mind that its a scam or darknet money, but when they knew that it is traded like stocks they become more interested and feel comfortable discussing about it.  

[izanagi narukami]

Cryptocurrency is criminal money , fake money etc

They are accusing crypto with negative impact , well that's true because :

• The value is volatile but it's also can earn profit ( risky investment )
  
• Some government forbid crypto to protect their civilian

[eagle10]

I am glad your nephew understand what is all about cryptocurrency. You have explained it very well in very simple and plain English that he was turned supporter and believe about bitcoin.

[bitkanu]

Cryptocurrency is criminal money , fake money etc

They are accusing crypto with negative impact , well that's true because :

• The value is volatile but it's also can earn profit ( risky investment )
  
• Some government forbid crypto to protect their civilian

Talking about volatility. Well, even metals are volatile that includes gold. Remember that gold has existed since centuries and centuries ago and you see the price graph it's volatile. Not to mention that there are also tons and tons of stocks and currencies that have crazy volatility and government seem to legalize that. While the reason for government to forbid crypto is to protect their civilian, I think the biggest reason is to keep their economy and money flows in control.

[smyslov]

My wife also thinks that Bitcoin is fake money until I got home with a grocery coming from Bitcoin I traded with the fiat money, I also surprised her when I paid all our bills, from then on he lets me trade buy Bitcoin with our excess money, people will believe that Bitcoin is not fake if they can see that it can buy stuff and pay bills.

[coin-investor]

It's already proven and it's unquestionable that Bitcoin is real money, if it's not it will cease to exist because people are investing on it trading on it and talk about it as an investment, the only uneducated fool will talk about Bitcoin not money when it is a fact.

[mickeybuddy27]

My wife also thinks that Bitcoin is fake money until I got home with a grocery coming from Bitcoin I traded with the fiat money, I also surprised her when I paid all our bills, from then on he lets me trade buy Bitcoin with our excess money, people will believe that Bitcoin is not fake if they can see that it can buy stuff and pay bills.

Those who do not understand bitcoin needs a proof for them to believe that it is real and not fake as they think. Now it is being even on stores and able to pay bills wherever you are with fast transaction process. Many are being interested when they know that it has more benefits and really worth to invest.

[Nanagyasi]

Many things can be learnt from the story of your nephew. I realised that people actually have wrong understanding of what crypto is because they lack proper knowledge on crypto and we can better shape this by educating people with every opportunity we get.

[Danslip]

Cryptocurrency is criminal money , fake money etc

They are accusing crypto with negative impact , well that's true because :

• The value is volatile but it's also can earn profit ( risky investment )
  
• Some government forbid crypto to protect their civilian

Talking about volatility. Well, even metals are volatile that includes gold. Remember that gold has existed since centuries and centuries ago and you see the price graph it's volatile. Not to mention that there are also tons and tons of stocks and currencies that have crazy volatility and government seem to legalize that. While the reason for government to forbid crypto is to protect their civilian, I think the biggest reason is to keep their economy and money flows in control.

The politics behind the financial economy depends on the few changeable aspects. Gold has been a backup value of worldwide current and supply is very limited compared to the 21 mln BTC. Even China has an equivalent gold and USD reserves for a case and the Chinese government is not crypto friendly.

[leonair]

Good realization on behalf of your nephew though. It's normal for a child to think negative thought about things that they don't know yet because they are innocent until information is given. Your comparison between virtual diamonds and Bitcoin was on point and easy to understand but be easy to your nephew and don't force him to do things that he don't want yet and let them enjoy his life with his games .

[sieemma]

Bitcoin is not fake money because the creator did  not just issue them. He premined some and left the rest to be mined which involves buying the hardware for doing that activity so in my own thinking, bitcoin is just the virtual form of our real hard earned money.

[rdbase]

people think bitcoin has no value because it's not real~~~~~~

They have forgotten that, the world has gone cashless and here's another method of payment that's more efficient for the long awaited cashless policy with transparency and freedom, but they are still not understanding the digital currency becasue is a virtual type. They will wake from their slumber to accept the fact that, bitcoin has come to stay and it's final.

I have always known the world would go cashless eventually but thought it would of been by credit/debit cards.
Then digital currency came along and now know this is the one which which will turn this dream of a cashless society into a reality one day.
And it will be sooner then we all think is what I believe will happen in the next 2-4 years.

[Vaculin]

people think bitcoin has no value because it's not real~~~~~~

They have forgotten that, the world has gone cashless and here's another method of payment that's more efficient for the long awaited cashless policy with transparency and freedom, but they are still not understanding the digital currency becasue is a virtual type. They will wake from their slumber to accept the fact that, bitcoin has come to stay and it's final.

I have always known the world would go cashless eventually but thought it would of been by credit/debit cards.
Then digital currency came along and now know this is the one which which will turn this dream of a cashless society into a reality one day.
And it will be sooner then we all think is what I believe will happen in the next 2-4 years.

It will really happen soon if only the government would cooperate too. Bitcoin may be a decentralized one but it would be more valuable if it would be legalized and accepted by the government. Bitcoin may be fake money for those who do not know bitcoin well but for those who belongs in this crypto world, bitcoin is the most valuable digital asset.

[Raja das]

Bitcoin is not fake money, bitcoin is the real money of the internet(also known as digital currency).
we know that it's a traditional currency, it's transactions are very low cost, central bank payment networks.
nowadays it has really great value (many users used that bitcoin).
it's used around the world and pay many things, like- travels, network transactions, electronics, online shopping and, more.
 

[jademaxsuy]

Yeah, this thread will encourage game of throne players to suggest on the developer to include bitcoin as a payment option. This will benefit both the company and the user when doing transaction simply because of blockchain technology. No one could be ask for whether transaction was successful or not because every party can visit the block chain to see if transaction was successful or not.