BTC vs USD - Which one is better? - page 14.

traderethereum

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Quote from: okala on May 23, 2019, 01:26:17 AM

Quote from: marketingnerd on May 22, 2019, 08:58:23 AM

These guys have some interesting stuff going on here https://cryptotradernews.com/cryptocurrency/bitcoin-vs-usd-for-storing-value-purposes/

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?

I will go for bitcoin because bitcoin is more universal then the dollars, think of it this way to send bitcoin to any one in any part of the world is very easy and fast it transaction can be done at any time. But it not like that with the dollars you have to go to the bank make the deposits pay high fee and wait for days.

He can choose USD than bitcoin because USD still be used in all of the transaction processes and he uses USD in his days without a problem.
He cannot use bitcoin because he cannot find which store that will accept bitcoin for the payment system.
But soon, after many stores online and offline accepting bitcoin as the new payment system, I guess that he will try to use bitcoin in any transaction, he will reduce his transaction in USD but add more transaction in bitcoin.
When someone can feel comfortable to use something, he will stick with that in a long time.

joshy23

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Quote from: bobsav2121 on May 22, 2019, 11:14:10 AM

Bitcoin all the way. Do you really trust the US government? lol

Simple as that, bitcoin will be much better than USD where you are always being controlled by the US government and always prone to manipulations
and danger with those suck heads which can easily create news that will bring the momentum down, if you are aiming for much wider future inside this
market bitcoin will be the first option.

okala

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Quote from: marketingnerd on May 22, 2019, 08:58:23 AM

These guys have some interesting stuff going on here https://cryptotradernews.com/cryptocurrency/bitcoin-vs-usd-for-storing-value-purposes/

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?

I will go for bitcoin because bitcoin is more universal then the dollars, think of it this way to send bitcoin to any one in any part of the world is very easy and fast it transaction can be done at any time. But it not like that with the dollars you have to go to the bank make the deposits pay high fee and wait for days.

Ridwan Fauzi

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Both of them are better if I use in my daily life. I can use fiat or USD for buying stuff which is the merchant doesn't accept cryptocurrency as payment system. However, if there is merchant who accept bitcoin as payment system I'll use it. I haven't found the lack of the currency I mean BTC and USD, because so far I still use it simultaneously and I never to found a disadventages from of both.

leonair

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USD was and still use for how many centuries now and it's a currency of one of the powerhouse nation so I think it'll stay relevant even if Bitcoin is the future money. Local currencies is serving each country and Bitcoin's vision is not to eliminate it though. And above anything else every Bitcoin holder expect their investment to grow then withdraw it with USD Grin

talkbitcoin

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All I know is that I know nothing.

i don't really have that much of a problem with banks controlling money so i don't mind using fiat and sometimes i don't get why some people are so passionate about killing the banks off.
but at the same time i enjoy using bitcoin because of the freedom that it gives me. which makes choosing between bitcoin and USD (or fiat in genera) that much harder. so i say both because each satisfy a different need in me.

Leonardo7

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Currently, we can not completely spend the bitcoin in real economic without involving fiat, because not everyone store accepts bitcoin, but the fiat is accepted everywhere because of government policies. Nevertheless, a time is coming that the government will switch to bitcoin and other cryptocurrencies or a stable coin for means of transaction for effective and low-cost economical handling.

senin

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Bitcoin and the dollar should not be compared. These are completely different means of payment that do not directly compete with each other and do not affect each other. They need to choose on the basis of what goals you set. In some cases, we use Bitcoin, in others - the dollar. In the current situation, they should complement each other.

Gaff

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Quote from: Bunsomjelican on May 22, 2019, 08:20:54 PM

Quote from: marketingnerd on May 22, 2019, 08:58:23 AM

These guys have some interesting stuff going on here https://cryptotradernews.com/cryptocurrency/bitcoin-vs-usd-for-storing-value-purposes/

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?

I respect you in that matter dude, however since that you are asking everyone here in the forum I would love to choose Bitcoin compare to USD,
though I'm not saying USD is not good, it is just something that for me Bitcoin is much more aggressive rather than USD$ due to the volatility or the fluctuation of its price value in the market right was too good in terms of flow movement of price in the any of the exchange platform. And bitcoin was still good to make a savings in the future compare into any bank company either.

USD remained a strong currency which cannot go down at worst like btc, but with current situations on bitcoin I think I prefer also choosing bitcoin same even though movement was volatile. We can't say the price of bitcoin stick to that point of price updates, but the reality cannot be controlled through speculations. If btc price will move to the highest price, demand also continue to ponder and create more successful trends.

Bunsomjelican

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Quote from: marketingnerd on May 22, 2019, 08:58:23 AM

These guys have some interesting stuff going on here https://cryptotradernews.com/cryptocurrency/bitcoin-vs-usd-for-storing-value-purposes/

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?

I respect you in that matter dude, however since that you are asking everyone here in the forum I would love to choose Bitcoin compare to USD,
though I'm not saying USD is not good, it is just something that for me Bitcoin is much more aggressive rather than USD$ due to the volatility or the fluctuation of its price value in the market right was too good in terms of flow movement of price in the any of the exchange platform. And bitcoin was still good to make a savings in the future compare into any bank company either.

mk4

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Quote from: bitcoin-shark on May 22, 2019, 02:29:50 PM

obviously i prefer bitcoins, why? because usd will always have the same value, the same purchasing power, while btc over time can increase its value even by 1000% ...

Just for your information, there's this thing called inflation[1] that decreases the value and purchasing power of your USD anually.

[1] https://www.investopedia.com/terms/i/inflation.asp

Jackrodwell

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Both are ok,but for me I will take USD because is accepted everywhere, not like bitcoin that is not accepted,in Africa is not really popular and not acceptable as a mode of payment, in this part of the world you have to exchange your bitcoin to USD before you can spend it.

MakeMoneyBtc

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It's true that some people call bitcoin a currency but that doesn't mean it can be compare to fist, as in our case USD. There are thing that you can do with USD while you can't do them with bitcoin and so goes the other way and that's why this is a comparation that should be made since they are not one and the same thing

Artemis3

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Quote from: marketingnerd on May 22, 2019, 08:58:23 AM

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

I'd pick bitcoin. They are so easy to move, unlike USD. Your so called "speculative asset" will stabilize its just a matter of time, as in decades. Its price will tend to stabilize, and get closer and closer to the opposite of 2% government induced inflation of common fiat currencies like the USD.

You don't see its value because you have easy access to USD. You have no idea what is to live with garbage fiat nobody wants in a country that puts all its effort in stopping people from freely trading from/to foreign currencies such as the USD. You have no limitation to open a bank account in USD, and thus get a debit/credit card which you could easily use online.

DreamStage

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Quote from: marketingnerd on May 22, 2019, 08:58:23 AM

These guys have some interesting stuff going on here https://cryptotradernews.com/cryptocurrency/bitcoin-vs-usd-for-storing-value-purposes/

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?

I do not agree with your statement saying that you would pick USD for world wide purposes.
Bitcoin is also a world wide currency, you can use it anywhere and when ever you want at any occasion either in your wallet, exchange or bank.
If you meant to say in terms of real paper in your hands, you can still do the same with Bitcoin and exchange it from your "trezor" into some real life ATM exchanger on a regular basis.
Bitcoin is more versatile then USD since you can exchange it for every other crypto, meanwhile USD is already final product.

harizen

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Quote from: marketingnerd on May 22, 2019, 08:58:23 AM

~snipped~

So this discussion will lead again to BTC vs BANKS?

I suggest to not just follow one tree but instead look on a whole forest.

You can't see the whole thing and understand those if you are being one-sided.

7788bitcoin

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Quote from: marketingnerd on May 22, 2019, 08:58:23 AM

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?

No one is asking you to pick one or the other and yet you wanted to pick USD to trade globally and what variety purpose you are talking about, illegal funding, drugs etc is possible through USD but that cannot be said about bitcoin because it is transparent and every transaction does produce a public statement Tongue

. If you are a trader and who deals with legit stuff then there is nothing better than bitcoin to trade world wide.

bitcoin-shark

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obviously i prefer bitcoins, why? because usd will always have the same value, the same purchasing power, while btc over time can increase its value even by 1000% ...

pixie85

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And I wouldn't choose USD. It is used around the world but it has more than 100 years of history and Bitcoin has only 10. You can't compare the usage of two different things when one is a novelty like electric cars vs normal fuel powered cars. Maybe 1 per 100 cars on the road is electric or hybrid because it's a novelty.

Bitcoin is easy to store and transport unlike USD. Cash can get easily damaged ripped burned and can't be backed up like bitcoin.

Ultimist

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I like both bitcoin and USD. I prefer to keep them both. I keep bitcoins in the long term, and I also have dollars to invest in some kind of coin.

Topic: BTC vs USD - Which one is better? - page 14. (Read 13741 times)