Topic: Is Bitcoin Still Better than US Dollar? - page 6. (Read 856 times)
My reaction to the OP's topic of discussion is an emphatic no! Bitcoin is still battling with mass adoption and acceptance whereas the US' dollar is widely accepted and known by every country of the world. Despite the Pounds Sterling's strength and value, it isn't even globally accepted, let alone the Bitcoin. The dollar remians better than any other currency, Bitcoin inclusive.
In terms of acceptance it's not. In terms of market cap it's not. Recognizability? Still not.
It has one great thing that makes it better and this is a thing dollar will never be able to give you. It's yours and yours alone. They cannot take it from you on customs or on the airport. Nobody can devalue it by printing more. It's better at holding value.
It has one great thing that makes it better and this is a thing dollar will never be able to give you. It's yours and yours alone. They cannot take it from you on customs or on the airport. Nobody can devalue it by printing more. It's better at holding value.
Bitcoin was / is better than any nation's currency. I think big price move up is coming for Bitcoin. Those who aren't in Bitcoin this printing of dollars out of thin air is going to hurt a lot.
I saw the news this morning. I thought to myself: this is it, the economic crash is coming. Zerohedge was right 
But I see nothing alarming. From what I got the U.S. Treasury issued adjudication that were supposed to be settled on Monday for $$ billion and the banks needed to use their USD reserves. Banks no longer have a 100% reserve, they have perhaps about 10%. So fewer dollars were available
It's like a loan, just for the night, with Treasury Bond as collateral. Rates had returned to their normal level on the next day.
But I see nothing alarming. From what I got the U.S. Treasury issued adjudication that were supposed to be settled on Monday for $$ billion and the banks needed to use their USD reserves. Banks no longer have a 100% reserve, they have perhaps about 10%. So fewer dollars were available
It's like a loan, just for the night, with Treasury Bond as collateral. Rates had returned to their normal level on the next day.
This news made me angry 
Why people still can not understand that the government is manipulating fiat money. Bitcoin is the solution to the problem of manipulating the state. Could this news be a signal for further support of Bitcoin instead of fiat money among US citizens?
https://www.ccn.com/dollar-printed-75-billion-why-bitcoin-matters/
Why people still can not understand that the government is manipulating fiat money. Bitcoin is the solution to the problem of manipulating the state. Could this news be a signal for further support of Bitcoin instead of fiat money among US citizens? https://www.ccn.com/dollar-printed-75-billion-why-bitcoin-matters/
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