I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
First thing bitcoin can't be compared to real money because bitcoin itself is technical stock.Unlike real money bitcoin price isn't stable and can be manipulated by big players.Any real world currency is backed by bank and have stable price butbitcoin is neither backed by any bank or govt neither is has stable price.
The prices of currencies around the world are not stable either, every day the value of fiat moves the difference is the price swings in bitcoin are bigger also while the price of bitcoin can be manipulated that is not something unique to bitcoin since that happens to fiat, stocks gold and almost anything, bitcoin is young as it gains more adoption and more time pases then we will see a greater price stability.