Topic: BTC vs USD - Which one is better? - page 4. (Read 13741 times)

They're are completely different in all ways. With different uses and benefits. For wider usage and acceptance, USD as more countries use it to pair against their currency which makes it much more in demand and in circulation. And of course, legitimately. Bitcoin is not yet accepted worldwide even though lots of people are using it.

But for traders, when BTC is going down, convert to USD to stabilize your funds and once BTC picks up, buy back so you can enjoy some profits and be safe

Comparing 2 different currencies is pointless I think. These 2 currencies have benefits in different ways.

If you will see it in terms of usage, USD is more preferable to use compare to Bitcoin since there are not that much establishments right now that are accepting Bitcoin. Now if you are comparing it in terms of investment then definitely Bitcoin will be the one to pick because of its volatility compare to USD.

For me, such a comparison is pointless. USD is legal money. Bitcoin is a creation of recent years. I hope this is a future when it comes to payment. At the moment, even it is not legal.

You can have them both!! 

I think both of them are very good, but have different weaknesses, maybe here we know the weaknesses in the USD which are already controlled by the banks, so all the people have been very difficult to fight, but with the existence of bitcoin it changed everything even though slowly completing the shortcomings USD is happening at this time, so bitcoin and USD together complement each other's shortcomings ...

At the moment there is no exact answer.
I think that not all people are ready to abandon the usual banking system in favor of Bitcoin. It is very difficult and global solution. We cannot say with accuracy that it is better, since the adoption of Bitcoin as the base currency can lead to catastrophic consequences (crisis, unemployment, etc.).
Logically, Bitcoin is much more mobile and convenient than our banking system. And I hope that in time we will be able to use bitcoin for the benefit of people.

Conventional currencies such as the US Dollar have some disadvantages. However, many people underestimate these weaknesses because so far there are no competitors that are strong enough to doubt public trust in conventional currencies. Well, the emergence of Bitcoin as a crypto currency circulating on the internet is slowly able to shake that belief. The reason is none other than the ability of Bitcoin to "patch" the shortcomings of conventional currencies. Because Bitcoin does not have an intermediary, transactions can be done without any limits. Compare it with financial transactions that are usually facilitated by the Bank, credit card companies, or e-payment systems such as PayPal. There is always a minimum and maximum transaction limit applied by intermediary bodies like that. then when the wire transfer takes days to complete the transaction process, Bitcoin only takes about 10 minutes. The characteristic of Bitcoin as a digital currency is what makes this possible.
 And of course Bitcoin isn't circulating as paper money or even coins. The shape cannot be touched because Bitcoin is a digital currency. On the other hand, conventional currencies are easily damaged because most are in the form of paper money. In some countries, the money has lost its alias value no longer applies if the damage is too severe.

Both of them still have their own advantages, as you say that USD is still the best, of course for short-term investments and not for the long term, it is clear that long-term bitcoin is the best. because obviously in investment we need profits, bitcoin still provides the best benefits and can be relied on for long-term investment.

Apparently, you are choosing between Bitcoin and USD on the basis of which is a better currency between the two. Furthermore, on that basis, the ability to spend it anywhere is being given a certain weight. I am also for USD, on that basis at least. You can indeed spend USD wherever you are. That is certainly more convenient to use as a currency. However, on the basis of value, I would not think twice of choosing Bitcoin over USD. And on the basis of ownership, Bitcoin is owned by me and USD is not. And so I would choose BTC over USD.

I will choose bitcoin, because I still have time ahead for us and bitcoin can still be whatever we want in a very good development

for me its really obvious that usd is still the best but if you plan to hold for a long term will btc is the best on it.

Btc and usd is different, btc is unstable while USD has a stable value depending on the amount that is written through it. I believe that both btc and usd are good, but many more people believe in usd in terms of payment system because btc is not that popular through payment option it is normally used as investment.

If we are talking bout privacy and the idea of decentalization BTC is better.

btc and usd its different thing, they have own advantages and disadvantages, they own different ability, the one can make money but you can use it easily, the other you can use easily but its difficult to find.
i dont think if btc be like usd, and if it happen btc will be controled by something.

I will not compared the two and USA was one time the best currency in the world. Everything we have now or we would have in future has it time and time will come when human beings that are praising bitcoin now will start to speak evil of it the way we are now calling USA "as a bank desired to take our money in a way that is legal". I have tell several people that "bitcojn is not out to wipe out the fiat system that we think are obsolete but and end to an era and a beginning of how we see and used money".

I don't think you can choose one. Dollars are necessary, without them you will not live. But I believe in bitcoin. That's why I invest in bitcoin.
But I can't say which is better

Exactly. The main feature of Bitcoin is freedom. That's something you cannot obtain with the USD or any other well-known Fiat currency to date. Governments always want to gain control over their people, and they achieve this by enforcing the use of their national currency. It's much easier for them to track it, as well as, manipulate it to their own will. Unlike Bitcoin, Fiat currencies like the USD and EUR are subject to high inflation rates over time. Governments can easily print more money at will, greatly reducing the value of their underlying currency.

In the case of Bitcoin, its supply is fixed and no one is in charge of its issuance worldwide. Not to mention, it's virtually indestructible because of its distributed and decentralized nature. It's almost impossible for governments to try to shutdown Bitcoin completely in this regard. Which means, that Bitcoin will last for many generations while Fiat will slowly die until governments devise a digital currency of their own.

Nonetheless, Bitcoin proves to be ten times better than the USD in many ways. But, both have their unique use cases depending on the person's needs. Since the USD is stable, one could use it as a daily currency while Bitcoin can be used as a store of value. Either way, there's a wide array of options for people to choose from in order to perform transactions within the mainstream world. Just my opinion

I think bitcoin are more important and better than fiat money usd..with transactions of bitcoin no third party Clints are required but usd need third party.

In the investor's point of view, Bitcoin is far better than USD. In as much that Bitcoin is just a digital asset and has a volatile nature, it is a better avenue for investors to make good amount of profits within a short period of time.  Looking at the systems used to run both Bitcoin and USD, the decentralized system of bitcoin makes it better than the centralized nature of USD. Centralization brings about limitation in term of the usage of USD compared to Bitcoin.

I think bitcoin is the best option between, U$D Banks full of interest just want to take our money in a legal and easy way kk