Post
Topic
Board Bitcoin Discussion
Re: Difference between Bitcoin and real money?
by
kreskko
on 01/05/2017, 22:03:55 UTC
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?

The very own title of the thread is mistaken, it ask about the differences between bitcoin and real money and not the differences between bitcoin and fiat, so it seems to imply bitcoin is not real money and even if you cannot touch bitcoin with your own hands bitcoin is very real.

Yes and if you can buy anything by exchanging bitcoin then its a real money as we don't have an option to spend them directly but we can always spend them by converting to fiat so there is not much difference in both of them.
That is totally true, and I have to agree with your opinion. We can treat bitcoin as a regular money, but it is just designed in a different fashion.
You dont earn it by doing a regular work in life, but only through internet as a freelancer, or even by posting on this forum.
Obviously, you have a an option to just invest your money converted into bitcoins, to make some return out of it.
So i think that there is no more differences between BTC and fiat, but it is still more useful than regular currency.
Where to find a very large range of jobs that you can perform and earn money. But as for Bitcoin's earnings, the situation here is ambiguous, because all the work in my opinion is somewhat specific, although there are some moments, such as company signatures.