Topic: BTC vs USD - Which one is better? - page 7. (Read 13741 times)

The only good opinion here. Why make this comparison, if in fact - these are 2 incomparable things?
Dollar - stability. Bitcoin - fast but dubious earnings.

USD is amazing when it comes to keeping your money safe , but when it comes to things like Investing , until and unless your countrie's economy goes down suddenly , you won't be benefitted from it on a large scale.
To even attain a benefit of like 10$ , you need to hold a certain amount which would be like 10 times your desired interest.
It is something that can be used world wide but at the same time it is not something that is always strong , since it is also dependent on a countrie's economy and we can see it struggling this year.
I think BTC wins hands down , I would just encash if I need to use it somewhere , also the interest it gives is amazing.
It can easily hide it's shortcomings.
It is investment not a Currency thus don't even think anyone would accept it as casually as money.

This thread has been discussed repeatedly, but still exists again and again.

BTC and USD have their respective roles, both of them need each other, with the advantages and disadvantages of each, it makes them so needed.

I don't think USD will win in BTC when it comes in advanced technology. USD is traditional money that we used so almost all of the people in the world knows about it while bitcoin is a cryptocurrency which we can use to grow our economy and it can fix some major problems in our economy as well.
I think BTC will be just better in the future because as of today there are still so many people that don't know BTC or cryptocurrency that's why it is still underrated.

Can't say much about usd as the multiple dozens of sanctions imposed on where I live makes it practically impossible to use it as anything other than a store of value but bitcoin and cryptocurrencies are pretty good I guess, not very user friendly and the transactions can get slow and expensive when the network is congested but they tend to get the job done.

I would pick Bitcoin of course. Why would I pick a dying currency? In addition to that, why would I pick a currency that is not owned by us, a currency whose value is under the dictation of the banks and its crime partner the government? Bitcoin, on the other hand, does not have inflation. It is even growing in value. USD is losing more and more value every year. Bitcoin is global and you can easily transfer money and buy stuff with less fees.

Yes I agree of what you say. They have both have different in use.but in term of value for a digit # we know that bitcoin is big than usd fiat.they both have a value.money like usd use in actual money in term of purchasing.unlike bitcoin you can not see actual and can not hold in your  hand because it is use only by digital technologies by cellphone or computer.they both useful in our life but for me bitcoin is easy to access.you can carry where ever you are as long as you have cellphone and use to transact in paying or purchasing where ever you are.and can not be steal by some one it is in a safe place that no body can steal unless they know your password but we know that it is hard to hack.both are important in our life because we can use them in everyday needs of our lives.we know sometime the value of usd money and bitcoin is in beyond of the holder of this currency.it is up to you how will you use it they both same in use this is for purchasing and for payment.the advantage of usd money was this is a known well fiat money that every one use unlike bitcoin some peole didn't know what is this.

It is true that USD did not make any good movements in the past or even will be in the future but do you think you can even eliminate USD or any fiats? No, I will still choose USD since we are still all depending on fiats. Btc has great volatility that makes its investors earn money but still, it has no intrinsic value, also not that used and accepted as payment methods.

In my opinion, Bitcoin is much better than the USD for many obvious reasons. Despite having unstable prices, and being relatively slow when processing transactions, it's censorship-resistant and immutable unlike the USD. Not to mention, there's no central authority behind Bitcoin. With its deflationary design, it can rise towards astronomical levels in price within a couple of years from now. In contrast, the USD is subject to corruption, manipulation, and fraud. The US government can easily control its supply by issuing more USD resulting in a higher inflation rate.

Despite this, it all depends on the person's perception as both BTC and USD have their respective advantages/disadvantages. Individuals that prefer convenience, and wide acceptance within the mainstream world, will definitely use USD as their main currency. Those who prefer censorship-resistance, privacy (sort of), and a store of value, would simply choose BTC over USD.

Still, Bitcoin proves to be better than the USD by a long shot. All it needs is better merchant acceptance, and stable prices in order to become as widely used as the traditional USD. In the end, neither the USD will overcome BTC or vice-versa. Which means, both currencies will continue to be used as a medium of exchange for the foreseeable future. Just my opinion

We are still exchanging bitcoin to fiat and buying bitcoin with fiat
In most places of the world there is not possible to live with crypto
It is easy to say bitcoin is better than dollar when bitcoin is rising vs dollar but maybe better to sell before btc will be on sell off
There is not so much sense to me in bitcoin vs usd

Of course, I will choose BTC. No checks from banks, waiting for the transaction, confirmation of transfers and certificates. Anytime, anywhere, completely anonymous and secure. This is the future, and this is our freedom.

btc

I would pick bitcoin over usd anytime anyday, my reason been that we have seen the value of bitcoin risen from $3k to $11k within a period of 2 months, and how many percentage increment in value has the usd experience over the past one year? my thought.

Ok, come to Europe. Take some USD with you and start travelling from a country to a country. Go to Russia, Bulgaria, Italy, go to a restaurant or a train station and tell them you have money and want to pay. You will get nowhere and eat nothing. Everywhere they will tell you to exchange it for EUR or local currency in the countries that don't use EUR.

Only an American can think that USD is accepted all around the world.

Why it is hard for you? Are you from US?
Apart from USA citizens every people in this world will recognise Bitcoin as the the major money which can deal as a global currency.to close the pieces of Bitcoin there are many centralised giants started investing on their own blockchain as well as creating their new coin. But not sure how that can be reached like Bitcoin.

currently it is hard to say which one is better, since USD is the standard, and BTC is very volatile compared to globally accepted standard - USD, so for general population USD has to be the choice, but you can put part of your savings in BTC, that could rise compared to USD in the future
of course, this is not an investment advice

People should stop comparing bitcoin to USD, as fiat and crypto are different.
USD is the most dominant currency int he world, while BTC is only dominant in the crypto space, which crypto space is just very small compared to the coverage of USD which all countries recognize it as a currency and that's how powerful USD is.

I agree with what you have said, that bitcoin and USD have different characteristics and cannot be equated.
if the matter of profit and loss between them is actually more risky with bitcoin, but if we understand and often analyze well, it is clear that the advantages of bitcoin are very profitable compared to USD. obviously long-term investment is better for bitcoin.



I disagree with your statement that bitcoin is very difficult to convert into real money / fiat. now there are many conveniences available. the negative factor is the risk we want to invest. normal things happen as long as we want to analyze each action will surely be safe.

It is so vague to determine that btc or usd is better. So what is your purpose? If it's all about exchanging deals, then everyone will choose USD, on the contrary, people choose btc as a highly profitable speculation product. But saying that does not mean that the dollar cannot invest, the foreign exchange market is also one of the global investment whirlwinds now, but it needs a large amount of capital because the fluctuation is not so much as crypto market.

As for me, it depends on what you are exactly looking for. If you are looking for a currency that you can use wherever you are, then of course USD is very much ahead of BTC. That is understandable. One is already the world's main currency, the other is just starting to climb the ladder. But if you are looking for a currency that grows in value in contrary to USD that is consistently decreasing its value, BTC is a world better than USD. And if you are looking for a currency that you truly own, BTC is the champion.