Bitcoin is the digital dollar - page 21.

judeafante

sr. member

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Quote from: MrJake on February 18, 2018, 12:51:51 PM

I think it's not far if i say that dollar and bitcoin are actually the leaders of their platforms. What's also crazy is how this forum served as the source of consumers and a big factor in increasing the acceptability of bitcoin by people. Really the design and everything about this community is genius.

I agree with you without Bitcointalk forum I don't know if people will discover Bitcoin and hasten the adoption process, everything starts here, name a popular cryptocurrency or any websites that related to cryptocurrency and chances are they have a thread here.

Abete

member

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if not well designed what is bitcoin planning, trust me bitcoin will be destroyed and lost. Dollar and bitcoin can not be equated, but if bitcoin can circulate like a dollar, I'm sure the dollar will disappear and bitcoin into the world community money.

mOgliE

legendary

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Hi,

I don't really understand your point here.

The dollar, worldwide, is indeed the leading currency. It doesn't mean that it is the most reliable (actually, as for most currencies, it currently relies on.. air) but it is the most widely spread, the most commonly used for international exchanges and also the most well-known.

The world we are living in, has been shaped by the American culture. So it is quite logical that the dollar has became the "leading" currency.

For the bitcoin... I would say that the situation is a bit different. The value and acknowledgement of this crypto doesn't only rely on luck or marketing. It is also because it was the historical creation. Bettng on crypto is risky, whatever crypto you chose, betting on the historical one, with a relatively long life span is... well, a bit reassuring.

isaac_clarke22

sr. member

Activity: 1610

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Its price can't be comparable to dollar. Dollar is such a stable currency and it is being fully regulated by the government themselves. You can't even say that it is a digital money as it is not yet openly accepted in such common businesses firms that we mostly make transactions day by day like supermarkets or even convenience store. Recently I read about the KFC's acceptance of Bitcoin as a payment method, it is quite surprising as it makes the image of Bitcoin as an alternative money now but can we see that all KFCs branches accept these type of payment? In my country, I think not. The adoption of this kind of money isn't that mature yet to hit the financial transactions in companies. In general, it isn't the digital we're looking for. It could be Tether though, but the current adoption of cryptocurrency right now doesn't make it look like to be "the money" or even the liquid asset we can use right now. It still needs more stages of development to pass by.

Klestar

full member

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Though its price is way too far away from the fiat currency dollar we can say that it is the digital dollar for now as bitcoin is a universal cryptocurrency now. Almost everything is being converted to bitcoin like dollar. Here in our country the value of dollar to our currency is updated every week in a big screen like in parks and plazas or in a central city. One thing that makes them pretty similar, they are being used as a medium of exchange which we need for our daily lives.

ellabanana

member

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In fact, in our wallet it is converted into its USD value. With that it can be shown that they are giving much value to dollars. Well, it can be said that bitcoin is the digital dollar.

musharaf

full member

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Merit: 100

Yes we can say bitcoin as digital dollar as the dollar is the international currency ad universally acceptable for everything like this the bitcoin is also very valuable and accepted worldwide and the future is bright now the most expert of the crypto have forecasted the bitcoin future and this will be the best year for crypto because now the era is the bitcoin and digital money era so it is true that the bitcoin is digital dollar.

mikan111

newbie

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Comparison of BTC to Dollar is not possible except in the sense that they are the most widespreaded. Although dollar appears as printed and digital money, obviously, its value is a subject of manipulations, most of all, its digital part. Nobody knows the total amount of the dollars in circulation. Federal reserve claims there was approximately $1.61 trillion in circulation as of January 24, 2018, of which $1.56 trillion was in Federal Reserve notes. Do you believe in that?

Harlot

hero member

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Leader in what actually? Bitcoin is only being accepted by businesses right now as it is the most popular cryptocurrency today. But everything can change as soon as the cryptocurrency market be more popular to consumers, if the market gains more popularity consumers will now explore other options outside of Bitcoin and they will find out that there are other alternatives that are better from Bitcoin in terms of payment method. Dethroning Bitcoin as being King in the market is inevitable.

ylnar123

member

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Merit: 10

Quote from: MrJake on February 18, 2018, 12:51:51 PM

I think it's not far if i say that dollar and bitcoin are actually the leaders of their platforms. What's also crazy is how this forum served as the source of consumers and a big factor in increasing the acceptability of bitcoin by people. Really the design and everything about this community is genius.

that is why forums are created, to spread the acceptance of something to the community. Discussing what is the cause and purpose in the creation of it. Whatever the factor that could bring people together in same boat is important and that is what this forum do. Really the creator of this forum is genius which brings people together in investors, company and bounty hunters to come together in one page and that is to increase the knowledge to be spread on bitcoin or cryptocurrency.

Meysa_richa

member

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It is true that you are saying that the creator of this forum is very kind, here all can benefit from their hard work each, from consumers to bounty hunters.

Whiteconjuror

newbie

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Given the transition of our society to digital payments, it makes sense to explore the concept of digital currency from the central bank. Not only will they make life easier for institutions like the Federal Reserve System, they will also allow such organizations to compete with bitcoins and other crypto-currencies. In some countries, they can even positively influence the transition to a cashless society, if such a phenomenon ever becomes a reality.

bakekang008

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Global Risk Exchange - gref.io

Quote from: MrJake on February 18, 2018, 12:51:51 PM

I think it's not far if i say that dollar and bitcoin are actually the leaders of their platforms. What's also crazy is how this forum served as the source of consumers and a big factor in increasing the acceptability of bitcoin by people. Really the design and everything about this community is genius.

For me its not, because bitcoin and dollar are different but the same currency. Because the value of bitcoin is so high unlike dollar. So its different, but we need give value bitcoin and dollar because its very helpful to us.

Octc76

newbie

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Quote from: MrJake on February 18, 2018, 12:51:51 PM

I think it's not far if i say that dollar and bitcoin are actually the leaders of their platforms. What's also crazy is how this forum served as the source of consumers and a big factor in increasing the acceptability of bitcoin by people. Really the design and everything about this community is genius.

very agree with you. I think all of this will be a vital thing for us because today the world of crypto is really in demand by the crowd. it will further support the existence of bitcoin is getting stronger in this world.

deviltasha

jr. member

Activity: 308

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I think that it is difficult to compare these two. It's the same when we say that bitcoin is digital gold, by my opinion it is not correct to compare all these things.

giogio0504

jr. member

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Not a dollar, but digital currency

we cannot compare it to dollar, it is quite different system.

Jeremiesaranza

full member

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Merit: 101

EMMARES – Email as you know it, will never be the

Quote from: MrJake on February 18, 2018, 12:51:51 PM

I think it's not far if i say that dollar and bitcoin are actually the leaders of their platforms. What's also crazy is how this forum served as the source of consumers and a big factor in increasing the acceptability of bitcoin by people. Really the design and everything about this community is genius.

Yes bitcoin is a digital and a cashless a electronic currency no hassle a fastest way the earn money

Sasuke102001

full member

Activity: 280

Merit: 111

That is what forums are for bro, forums are there for spreading that particular thing's acceptance and people can come over and discuss it's good and bads and moreover also promote a particular thing. Secondly, yea Dollar and bitcoin are above all of their competitors in their respective platforms, is what I think

MrJake

jr. member

Activity: 91

Merit: 2

I think it's not far if i say that dollar and bitcoin are actually the leaders of their platforms. What's also crazy is how this forum served as the source of consumers and a big factor in increasing the acceptability of bitcoin by people. Really the design and everything about this community is genius.

Topic: Bitcoin is the digital dollar - page 21. (Read 1808 times)