Post
Topic
Board Bitcoin Discussion
Re: Difference between Bitcoin and real money?
by
josephpogi
on 06/03/2018, 04:07:29 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?

Bitcoin is a electronic codes encrypted on computers with reserved and significant values while real money is the tangible value in which we use to buy and exchange goods or products, Also the real money is backed up with gold reserved in a country while bitcoin's value do have an exact supply which its price ia depend on total demand and supply.