Topic: Is Bitcoin Still Better than US Dollar? (Read 863 times)

There's nothing wrong if the people don't see that the gov't manipulates paper money. What do you expect? all of us grew with that process in our lives. The gov't is the one that fully controls in everything regarding the financial state of the country.

Bitcoin is there as an alternative currency and with other purposes that we can use as an investment. It is scarce and volatile which we can relied on if we will treat it as an investment. Comparison of bitcoin to USD, we're not yet there.

For now, i think comparison should not be on which is highly accepted but on which has more value. When you want to compare them based on adoption, the US currency will always come out as a winner because it has been around for many years unlike Bitcoin which only emerged 10 years ago. Also, base on this simple comparison, I think they are equivalent though, just like every fiat to bitcoin. Each is serving their unique purpose.

Better or not it depends on what aim you would like to achieve. in case you want to make investments for long-term period, to my mind it would be better Bitcoin to choose. But if you want to invest in something another and use in your everyday life, the USD is better choice, because Bitcoin is still expensive in transactions and fees for most people... but about manipulation - I am afraid that all fiat money is under control of government, and in some way Bitcoin is manipulated also... by whales and other influencers of the crypto world...

$ is better for now because the 4th branch of US Gumbent made it so with fake news, corporate machines, and man with guns.

to Crypto Kiddies: don't think you'll be able to change that 1 bit.  They will come and loot your coins and fiat, and have you silenced or expired real quick:

"For we are opposed around the world by a monolithic and ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence--on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day. It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations."
"Its preparations are concealed, not published. Its mistakes are buried, not headlined. Its dissenters are silenced, not praised. No expenditure is questioned, no rumor is printed, no secret is revealed. " -JFK. (And nope, this was not about Бoльшeвики/Poccийcкaя coциaл-дeмoкpaтичecкaя paбoчaя пapтия)

There are factors to take into account:

1.- The FED in its reports, clearly does not give the truth about the facts, they manipulate the negative interests, this makes us see or believe that the economy under the FIAT money is stable.

2.- There is a large debt, but it is not taken into account because it is in dollars, and since the US is managed in dollars, they prefer to focus on the debt of the other countries in terms of dollars.

The debt is the one that has triggered liquidity in FIAT money, the inflation that is generated when the cash is printed is increasing every day.

Bitcoin represents a totally deflationary economy, when compared to the dollar or any currency, inflation is fought immediately, as is the case of particular economies taken by people, where they forget a FIAT money system based on debt. Recently an FBI report affirmed that Crypto and Bitcoin is a problem, they claim that it can be used as help for organized crime, money laundering, among others, but the biggest crimes have occurred with FIAT money, They also emphasize leaking capitals, and they say that money is hidden from them, that is, sometimes they cannot follow up, here I put it: FBI: Crypto Is A ‘Significant Problem That Will Get Bigger And Bigger’ , if governments and banks do not agree, it is because it is automatically favorable for everyone who uses bitcoin , simple, because it escapes the control of third parties, one of the reasons why Satoshi Nakamoto created bitcoin, in addition to decentralization and generating financial freedom, that is, the goal is being achieved, which leaves as a message that: "We are going very good road "

Thanks to this it is easy to conclude that Bitcoin is much better than the dollar, especially for business, and to pay for goods and services.

Cant say that BTC is better then USD at the moment since value of btc is still measured in USD. BTC has it's own worth but value of USD cant be ruled out and I would say dollar still is better option then BTC.

Not all the time it is applicable to use manipulated, instead of regulated in terms of fiats being managed by the Government. Some countries have their point that there are cases that these regulation is nearly becoming a manipulation of the country's currency, but Country like japan can effectively utilize their currency through their government who effectively regulate their funds. In fact, it will depend on the people itself, their leaders, and how they treat money as a tool for development, or tool for personal interest.

Bitcoin is still better and will be better for a very long time.

The name digital money doesn't rouse trust. Progressed measurable investigation for the Bitcoin advertise completed at the Institute of Nuclear Physics of the Polish Academy of Sciences in Cracow, be that as it may, has not indicated any noteworthy contrasts between its fundamental factual parameters and their counterparts for regarded monetary markets. All signs are that Bitcoin is a superior money than it may appear from the outset.

Bitcoin, the first and the most well known cryptographic money, is as yet treated by numerous financial specialists with an arrangement of doubt. A point by point measurable investigation of the Bitcoin advertise (BTC), led at the Institute of Nuclear Physics of the Polish Academy of Sciences (IFJ PAN) in Cracow, repudiates this basic assessment. The investigation, distributed in the prestigious logical diary Chaos: An Interdisciplinary Journal of Nonlinear Science, shows Bitcoin—and possibly different digital currencies—in a shockingly positive light.

The validity of customary monetary forms is by all accounts, to a noteworthy degree, a mental curio coming about because of the idea of their advancement. Subliminally, we accept that since at once there used to be explicit material items behind cash, this is as yet the case today. Be that as it may, from the physical perspective, customary monetary forms have for a long while now been equivalent to digital currencies from their snapshot of birth: bunches of bits in the memory of bank PCs. The genuine estimation of a cash is currently decided not by what lies behind it, on the whole and principal by what is befalling it—that is, the market.

At the point when new rising money related markets began to show up in Central and Eastern Europe after the breakdown of communism, the topic of their dependability normally emerged. Various measurable criteria were distinguished around then, making it simpler to evaluate the development of the market. We were interested about the outcomes we would get on the off chance that we utilized them to take a gander at the Bitcoin showcase, right now esteemed at many billions of dollars," says Prof. Stanislaw Drozdz (IFJ PAN, Cracow University of Technology), why not find out more

in my opinion bitcoin is only superior in value acceleration. but in terms of revenue, market capitalization and use, of course, the US dollar is still better. because the US dollar has been recognized as a global currency, all countries have accepted the dollar as a global currency and we can use it anywhere. bitcoin is good as an investment tool but cannot be used as a means of payment and also anonymous and decentralized bitcoin is not preferred by most governments.

Is it really? I don't think so at all because of Bitcoin has also a lot of manipulation, I say only about the acceptability, USD is the ultimate money which is acceptable almost every country, it's the main currency in the international business and any other purpose, It's totally user friendly currency, on the other hand, Bitcoin is not like this, Still it's a young age, so Bitcoin has to go a long way for gaining its credibility and acceptability, regarding this issue, I can say that USD is still better than Bitcoin, if you say about manipulation then USD has also some sort of this but Bitcoin manipulation is huge, in the Bitcoin platform, there is nothing to accountability for this manipulation. so it's hard for me.

Absolutely better using bitcoin than US dollar coin because bitcoin never have inflation value and increase on higher price, but for US dollar can take inflation with lower price and less profit earn with investing in US dollar currency, although US dollar using by many countries I think bitcoin keep best investment assets for the future.

there is no doubt that bitcoin is and ha always been better than US dollar , fiat money , especially US dollar
have always been manipulated and never had a concrete value ( bar the times of the golden standards )
fiat money nowadays have zero concrete value and can be manipulated by the governments or central banks as much as they like
we are told fairy tales about inflation but all we see is that we get fooled and we earn less and less while the technology progresses
the system is built the way that the humanity will always run like a squirrel in a wheel , working ,slaving and the results of our work are privatized by the corporations
and fiat money is one of the instruments to make sure you do not get more than allowed by correcting the rates ,  energy and fuel prices etc.
bitcoin is decentralized and you can't shut it down or close your account or tell you that it is worth 100 times less than 10 years ago because of inflation
it has its drawbacks , for example , the transaction speed is atrocious and cannot compete with the payment systems but its still thousands times better than fiat

I think bitcoin is a better currency than US dollars because I feel that bitcoin is superior in technology, speed and efficiency when sending money or when transactions from long distances will be easier and faster, in contrast to the US dollar which I feel still has a process very complicated transaction.

there is no better and worse between them, which obviously they are interdependent with each other, if they are separated or eliminated one of them, then it will be very big influence in the world. so let this work as it should ... !!

actually we cant compare between fiat with crypto. many poeple use crypto as digital asset, so i think its better if you hold crypto for yourself, sell when the price is bigger, than you buy something using bitcoin (except in that country have local crypto that have stable price)

What you need to understand is that manipulation exist in every aspect of the world financial ecosystem. With bitcoin, people considered as the whales somehow controls and influence the market value of bitcoin. In as much that the government manipulate fiat money does not also mean bitcoin is not manipulated. Personally, i don't think Bitcoin is better than US dollar but rather the system that bitcoin uses is better than US dollar system. The decentralized nature of the bitcoin network is better than the centralised system of the US dollar but i terms of value, US dollar is better than Bitcoin....

Bitcoin is by far better currency than US dollars.
Bitcoin is a peer-to-peer currency that is fully decentralized and controlled by no one.
While US dollar is fully centralized which is issued and controlled by the United States Government.
Finally, Bitcoin is not subject to market/price inflation and the US dollar is subject to market/price inflation.

$75 billion is nothing compared to all the money that's been printed in each succession of quantitative easing (remember that?).  I'd also point out that despite all this money printing, the rate of inflation of the U.S. dollar hasn't increased like one would think it would.  Now I don't know if that's going to happen eventually, but I expected inflation to explode after the QE'ings.  The Fed is addicted to printing money, creating money out of thin air...and you wonder why people get pissed off at all the taxes they're expected to pay.

Still, bitcoin isn't in competition with the dollar or any other fiat currency.  Not yet anyway.  That's why gov'ts haven't tried to impose so many regulations on bitcoin that it would be impossible to use legally.  Not yet, but the Libra thing is really ominous to me.  The gov't is definitely turning its attention to cryptocurrency as at least somewhat of a threat.

Investment wise, yes Bitcoin still prefer by most people here to put their investment at as the risk is high, but the reward can be multiplied to twice or even more depending on the market condition, wherein if you are just investing in dollar, it could just give you 1-3%  interest, depends on the market. So, for some people instead of buying and selling dollar they are just buying and selling Bitcoin, which is more profitable.

Some people say bitcoin is better than US dollar but i think US dollar wins in terms of acceptance because not all people know what bitcoin is and bitcoin price is volatile and bitcoin don't have physical form you cannot touch it like dollars

Fiat money has existed with humans for a long time and has a history of thousands of years, what about bitcoin? It has a history of about 10 years. Assuming all governments in the world accept btc as currency, it is also very difficult to put into practice.

If we closely take a look into their difference at this time, US dollar still manipulating the market. NOt only we can say that because of Bitcoin's value makes to dominate the market but thinking of Bitcoin is just a store value unlike of paper money of what it is printed that's gonna be their value. If we only consider that way, we could say that Bitcoin is better but not just like that.  

I don't think they can do easily as that printing paper money without liquidity. But you are right, bitcoin is the number one solution and it is better than the dollar. Well if we base on price, Bitcoin is really better than Dollar. Imagine if you have 150 Bitcoins. You are already a millionaire rather than having $150 that has only small value so that I can be able to say that bitcoin is better rather than a dollar and also bitcoin is more convenient to use as well.

It is far better than us dollar. It has a limited supply and we can follow the supply very closely wide-open. On the other hand, governments may print money without our knowledge. USA can do it and they are probably doing it. Printing money means that governments are taking our money in our pocket and distributing it to the others. Bitcoin is a solution for this.

Government manipulating fiat money with lower value every year, just buy something today with your money about $10, next two years try to buy the same product with $10, you get to buy it or not? I think you can't because price have up and your $10 have inflation value, but if you hold your bitcoin you will buy the same product with higher capacity and you get much profit with bitcoin without inflation.

I would not necessarily agree that your reason makes Bitcoin better than fiat money, I think this makes Bitcoin different or unique. Whether this is better than fiat is more of an ideological or economic theory type of question, but being unique may be sufficient to ensure Bitcoin can have significant value.

For Bitcoin to be more unique or interesting, it must be resilient against not just a small privileged group taking control, but even a majority being able to change the rules and create new inflation. Luckily I think this is the case, even if Bitcoin grows and a large wave of users enter the system and there is a successful coordinated propaganda campaign which convinces the majority of users and miners to create new inflation, the system may still be resilient enough to prevent this rule change.

You maybe think about hardfork right now, but a hardfork requires more than just majority consent, it requires no significant opposition to succeed. This is because any significant opposition is able to cause disruption and uncertainty around the period of a hardfork, which will be unwelcome and troubling to businesses and users in the ecosystem, who value uptime and reliability. Businesses and users are therefore incentivized to oppose contentious hardforks.

In my opinion when compared both have advantages and disadvantages of each. Let's talk about the advantages of Bitcoin like Cannot be
fake, the limited stock , and decentralized. While the US Dollar has the advantage of stable prices, accepted by all parties and easy to use.
From there we can draw conclusions for now more US Dollars are needed, it does not mean that bitcoin is not good. Only to be  used as a
substitute for US Dollar has not yet been applied, there must first be regulations on bitcoin in order to be accepted everyone. Especially its
price volatility which makes some people reject if used as a substitute for US Dollar.

Bitcoin is not being used for payments, its more on a store value and good for trading. Bitcoin is better on its own technology, same thing with USD because its a worldwide currency and i believe USD is being accepted around the world while bitcoin is not. Bitcoin is still young, more improvements to come before to see its dominance as a digital currency.

Better in terms of what? Both of them can be better at different factors. Actually, they're still different from each other. Although we're seeing the bad side of fiat, people still rely more on paper money. Bitcoin still need more recognition. We can't deny that we still need to go further than what bitcoin have reached. Although how much the government would manipulate fiat, paper money will still remain circulating. Both of them can function together.

I couldn't agree more, they are different in various ways and both has their advantages and benefits uniquely. Bitcoin is better than US dollar in terms of its volatility and availability, there won't be any shortage in its supply for it is a digital currency. Another thing is, bitcoin is centralized and is free from the manipulation of the government and you can do your transactions without the need to be involved with banks. The only thing that made USD advantageous is that it is globally accepted and used while bitcoin on the other hand is being banned by some countries.

We cannot really do anything as of now. We can't suggest replacing USD with BTC since bitcoin is too volatile. The government controls it for it to be stable. But money supply inflation is inevitable for fiat. Bitcoin's platform need to be more robust, exchanges must be more regulated to prevent scams, in order for people to gain trust using bitcoin as investment or even sometimes payment. Knowledge regarding bitcoin is not enough if people does not trust it.

it is not easy to be able to accept bitcoin as a legitimate medium of exchange, especially as a fiat currency replacement. because each country will apply very different rules.
clearly the US dollar is still reliable as a legitimate and easy to use and acceptable exchange.
certainly different from bitcoin for implementation, of course it will not be the same because of differences in rules in a country.

US Dollar is just like a stable coin and Bitcoin is not they are different but when you compare these two about availability worldwide bitcoin is better and faster, less fee when transferring and most of all it is decentralized. You can transfers funds across the border without bank intervention.

Let say, if bitcoin nowadays can be compared to dollars, what about: Converting the dollars into bitcoin? Would it be good if US will follow the trend of what the China is doing to increase the potential adoption of bitcoin in many aspects? Because in this era, digital currency is a must at this time, so conversion to crypto is a big race to consider just to take lead of the innovation and development of their respective currencies.

Am always not very comfortable when people directly compare Bitcoin and the US dollar. Although the two are considered currencies, they are both distinct in their respective ways. Bitcoin has become very relevant in recent times as a medium for making payments, but the US dollar is really far from that so far payments are concerned.

Bitcoin is too far to be on par with the US dollar, the adoption, and usability is a big advantage for US dollar bitcoin is still far from achieving that and the fact that they have their own uses and they are dominating their own scene you shouldn't compare them in the first place.

But if the government will implement the open usage of bitcoin as a payment processor then for sure bitcoin will dominate the scene. It is more secure compared to our traditional financial system and faster, specially for huge amounts of money transfers which will take you about a week to process on a bank.

In overall, yes but not for massive usage. To be fair Bitcoin isn't ideal currency for society, we need something better, bitconi which will be well modified with improvements. Limited supply is great of course, at least no one can fake it and governments won't be able to print/mine as much money as they wish and then create debt for us.
They say USD is better because want to keep positive feeling among people in order to somehow still fake damage of what we get from usd and their nonstop printing, that's possible with positive feeling for a while but people will change their thoughts about USD and that's where we will end up bad, so for this reason we need change and I mentioned above already what kind of change we need.

Absolutely! Bitcoin is really better than fiat, Especially when it comes to value. Dollar's value is really far compared to bitcoin if you are going to ask bitcoin enthusiasts but the government and other people who do not know bitcoin more might think that dollar is better than bitcoin.
But the fact we don't need to compare these two stuff, Bitcoin is a digital asset and dollar is fiat that we can use either in offline transactions.
There's no need to have a comparison between these two currencies, but there is the difference between these two currencies, the decentralized and centralized.

May be or not be. If there is a transaction of large amounts, I think Bitcoin is better as it is secure and safe. And for daily use purposes, it is not good to use Bitcoin. As whenever any transaction through Bitcoin occurred, it adds a block to its chain due to which its size increases. However, keeping large amounts as Bitcoin is also a risk. If you forget your credentials, your whole earning will go in waste. So, I think according to the present scenario dollar is better.

This new doesn't makes any sense as comparison is a bit weird. Because increased supply of money doesn't shows the supermacy of the currency instead it shows that how bad that currency is. This might bolster economic growth a bit but in the end will end up inflating everything around us and might not even have effect on our personal disposable incomes. Therefore bitcoin is better than us dollars in atleast this context that it just can't be printed whenever the central government is in a budget crunch.

Quite impossible to happen. But how about considering the fact that there' are people that are literally creating bitcoin such as bitcoin cash, sv, abc in the market? It needs a simple task, just try to trust yourself that you can do something like bitcoin, and you will. Going back to the topic, is bitcoin still better than US dollar? Its a no for me, bitcoin has not yet been fully regulated and US currency is -on-the-other hand. There's some practical use of US curr, that bitcoin still cannot suffice.

now we can say that bitcoin and other cryptocurrency are better than fiat currencies because now the price of the US dollar has dropped if we exchange with fiat currencies from other countries since the American (US) trade war with China, but if we see that digital currencies today like bitcoin is still stable today as usual, that's why now we can say bitcoin or cryptocurrency is better with US dollars.

This is really a long game so lamenting the fact that bitcoin hasn't taken over in 10 short years is kind of absurd. Think about how long it has taken for the US Dollar to get to where it is today (just over 100 years). Now think about how long gold has had to develop into what it is today (countless centuries).

Bitcoin is money and we should have an appropriate time horizon when analyzing its impact.

Because even if this proves that bitcoin is a superior form of money than fiat will ever be the actions of those at the top will affect the rest of the world especially those that are the most vulnerable, think about all the suffering people will have to go through once politicians lose control of the economy and try to stabilize the economy by printing huge amounts of money, and if all of that was not enough the few people like us that had the foresight to invest in bitcoin or gold will be forced to pay huge taxes to solve a problem they created in the first place.

Don’t be angry because you are still using fiat money and we can’t force them to buy bitcoin. We just need to educate more people about bitcoin and let them decide if they will buy or not. If we force them, they might be thinking that bitcoin is just a scam. The mass adoption will begin before the halving, they will realize it.

ccn is one of the worst news site which is always spreading negative news about the cryptocurrencies. I will never watch this instead I usually watch CoinTelegraph and coindesk website learn something about cryptos.

I vote for Bitcoin and it is already best payment mode in this world.
Please stay positive when you investing on cryptos and it will be helpful in future.

When we take into consideration that Bitcoin is too volatile and there is no economic crisis that can affect the currencies on a large scale now, I regret to say that Bitcoin is not better than US dollar yet. But in the future, more people are going to get to know Bitcoin and its decentralized system. Then, they will prefer Bitcoin to the current system.

Which does not make it better. Dollar is stable because it has much more users but it can also be made unstable by the government. Nobody can destabilize bitcoin at will. Maybe if a government wanted it could do it now, in this early stage, but the more people use it the more robust it becomes.
I like the idea of Bitcoin very much and believe it's going to be in extreme demand once people get used to using it.

what about those whales ? they are the ones that manipulate bitcoin right ?  bitcoin is the one that is manipulatable the most but fiats like usd are can only be manipulated minimally  . btc is unstable but it can be used on both ways  , that is for investing and paying but usd is more stable but can only be used for paying  . so my vote will go for btc because its a multifunctional  coin plus its also decentralized   . we have a freedom when we use btc than on usd or fiat

Its better to be posted again because there a re new members here and they are trying to seek answers regarding this issue. Dollar is a fiat and it can manipulate by the state and bitcoin cannot. Bitcoin still the most powerful than dollar because you can earn it n many ways. Everyone of us here makes bitcoin as a source of income which is worth it and many of us became rich because of bitcoin.

The fact that bitcoin remains unregulated and cannot be controlled by any government body makes it better than USD,  having a distinct unit of USD will still remain the same if kept for long term,  but having a unit of bitcoin for long term will definitely increase in profit,  this also distinguish bitcoin from USD

At least, bitcoin still better to me

I can cash out my bitcoin into a dollar and send it to my bank account. I can buy my daily need for money. I don't think we need to feel bad with that news and I think the news itself might have been manipulated or it's fake news. I never think serious with the news from the government as I am sure they can do whatever they did. But if they printed more money, then we will see a crisis not too long after that if the government cannot control their economy. Too much money in the public will makes a decrease and inflation if I am not wrong, but I could be mistaken for that because I don't know anything about the economy of the country.

simple, because they just don't really understand bitcoin. as far as I can see, the use of fiat like the dollar still dominates compared to the use of cryptocurrency. It is undeniable that most bitcoin users are entrepreneurs or business people. of course people who don't think about it will support US dollars compared to bitcoin. many governments also reject bitcoin because of things like that. but I believe that little by little they will be aware of this, and may focus on bitcoin or other cryptocurrency.

The same with dollar, sometimes news are also manipulated by some big companies out there to broadcast that certain information in order to manipulate the mindset of the readers.

We all know that bitcoin have plenty of advantages compare to dollar but in terms of the signal that you are talking about. I am that sure of it, let's just hope that it is so there will be a light to all the US citizens that continues to use and support the bitcoin.

I think Dollar have security plus America alone is more efficient than half of the world , the reason why dollar is falling is because of the president .. if we take that guy out of the equation I think Dollar will win undoubtedly.

Unfortunately bitcoins doesn't have a back up nor does it have a proper stability , it's not legalized and in this world government support means a lot which is very scarce when we think about cryptocurrencies and bitcoins.. therefore we still have a long way to go.

There is nothing better, both have their advantages. It is wise to use them carefully as needed. USD is effectively used for transactions in the real world, almost accepted in all countries, while BTC excels in the digital world, so it is. Avoid debates which are superior, focus on each function, then maximize it.

It has to be admitted at this stage in time that Bitcoin could not offer much as compared to fiat. That is in terms of convenience and comfort. Fiat is still way more convenient to the majority of the people. They could just leave their bills under their saucers in restaurants when they hurriedly need to go. That cannot be done with Bitcoin.  

What Bitcoin offers right now is actually more than just convenience and comfort. They offer freedom, and real ownership, and transparency, and so on, but most of the consumers as of this time do not care about those. They care only that they can pay conveniently. They are oblivious that fiat is a tool of slavery.

I skimmed the news and was a little confused. And again, 75 billion dollars isn't a little money. I am sure there is something big besides the economic crisis with the printing of 75 billion dollars by the US

Bitcoin is important because it is one of the payment alternatives for the world community today.

Was Bitcoin ever better than US dollar? I think this is very complex question.
Our world is still created in a way that we can't function without fiat currencies in everyday life, that is why fiat still has advantages compared to cryptocurrencies.
But Bitcoin and cryptocurrencies in general are giving us alternative and some new financial possibilities, that is why my answer that combination of US dollar and Bitcoin is the best.

No no, not yet the right time.
People are still glued with traditional money which is fiat.
To change is that is a lot of hard work.
Yes we are now in the world where credit cards or other plastics are the means of how we pay then we just pay the bank with our account. We dont even need to use the paper money anymore as long as banks say you do still have a balance.

Now bitcoin, the smartphone era is here. Every human being even kids can handle one of it.
We now use applications which will just scan a QR code then you can pay.
It is upgrading but it is still fiat which is being used.
How much better could bitcoin offer about this?

The thing is they can print out money as they wish whenever they wish and dilute and add more capital to the banks anytime they wish in any amount they wish. They are completely in control and the people have very little say in it. Only the peoples trading affects the prices and that is not nearly the same as printing out new bills. Now trade must increase to make up for that otherwise there will be inflation.

With crypto, there is no central power so no one can printout anything. If you want more then you going to have to mine it and earn it yourself.

Why does this article make you angry btw? It should be good it proves how much better bitcoin is.

I always think that Bitcoin is better than USD because USD can create more, and that makes inflation happen. Bitcoin can be used to transact online around the world. We do not need through any bank. This is an advantage that I always appreciate Bitcoin, the anonymous feature also helps the transactions to fixed.

The US Gov had just been doing the same thing since years and making fool of people on the name of "repo" and many other reasons they put up. They are actually increasing debts on their side and this unnecessary printing of bills without any prior information shows that Bitcoin is actually the best alternative over anything considering that it is only 21 million and the number can never, ever be changed even if Satoshi shows up and interferes because that's how the protocol should work.

They are just purely able to manipulate their people living there and that's what worries me about the situation they will be facing in the very near future. Can't this be called as a way to be funding to save their superiority over other major countries by keeping the value of USD higher against other currencies?

Even bitcoin is falling it is still possible to  have a higher value in the future. Because bitcoin is a very expensive currency, if btc will begin to  hit the price of 20k it will become the powerful  money to all over the world. Dollar Will  be no value compared to bitcoin in the future.

If we over look it's price volatility, I still think bitcoin is far much better than fiat in many ways,for example

• Bitcoin is about transparency, fiat is not built around this
• bitcoin has no boarders like what the fiat system is like
• fiat hAs no value increase like what bitcoin under goes

Is that not what US has been doing to make their economy look sound, meanwhile all they do is print money which is why they are dealing with lots of inflation in the country till date, trump came out openly to deny bitcoin because he knows that if he does not do that, and bitcoin gets recognized worldwide, it will really expose US rots and people will see the United State for who they are and how they have been using cloth to cover their wound.

They fail to realized that in the long run, accepting cryptocurrency could make their inflation to disappear, and even built their economy the more, because one of the things that is making their money not feel enough is because of this same corruption by some their government top.

The time is coming when US ll make use of Bitcoin as her main currency in the state

This is why BTC is better than any FIAt money, central banks are fooling us with fiat, they print, the dollar in our hands gets less valuable and we have to work more. This is a never ending story, around we go. Bitcoin offers protection from such manipulation of system .

Right now yes US dollar better than Bitcoin. Cause just think how much people use bitcoin and how much people use US dollar for their daily life. Bitcoin ban in many countries include US. But US dollar is legal in the whole world.

But there is no doubt that bitcoin will be much better than US or any currency in near future. Bitcoin just arrived couple of years ago but money is really old currency. It just need some time to accept bitcoin world widely.

well this is part of the game. If people really knew how the economy works they would be very angry. The media does not pay much attention to bankers' crimes or their abusive practices and privileges.  Banks are major sponsors of media groups, so it's hard to change this scenario.

One thing I learned these past few years is that never put your savings in a bank as fiat. Your 4 dollars today may buy you a Big Mac meal, but in the next 10 years, it will only pay for the softdrink. One should put their savings into hard assets like land, gold and of course, Bitcoin.

I even don't care about it. Bitcoin is better than US dollar or not? But the users of Bitcoin is increasing day by day.

comparing btc to fiat or usd is as a way to compare asset to liability which is way more better in everything, btc is an asset while usd or any fiat is liability with the inflation rate and that has make the world to crubble but btc is far better in everything as it only has a high volatility  but has a good future to be store as an asset.

Uncontrolled printing of money will in any case lead to collapse.No matter what anyone said about the dollar,but it is a currency that is recognized by the whole world.Bitcoin is better than $ only if absolutely everyone would use it.I.e if look on these 2 asset through the prism of utility for ordinary people, then $ clearly succeeds.

Not sure about that but if other countries aren't allowed to do that and they need a permission from the world bank then the hyperinflation on Zimbabwe was stopped if their gov't was stopped or not allowed to print more money.

I don't completely know the rules about printing money but I think every country is allowed to do that even without the permission of world bank. They know that it will cause inflation and other consequences that it may bring.

Bitcoin might still be better in some ways to any currency and real money, time will tell I suppose.
But in my country we seem to view Bitcoin's value is and has always been greatly influence by US dollar.
Bitcoin's potential is truly amazing, but as long as it is hindered with all these noise and fuss.. we might not yet
feel nor see bitcoin's quintessential capabilities like we all envisioned and hoped for. There is still hope.

We can discuss what is better or worse, but we all know that US politics are firmly behind their currency, from the president to the majority of citizens. No matter how good Bitcoin is, I think its almost impossible to expect someone will say "Bitcoin is better than $".

We live in a world where control became an obsession of governments, and if you control the money you have the power to do anything, and even to make such move as give banks $75 billion of fresh money for 24 hours so they can play with it and make a profit. Since this is a move we see last time back in 2008, it clearly shows us which direction we are headed.

Bitcoin is better just because it can not be printed when someone wants it, it can not be faked and it has limited supply, what else we need to say?

I agree with this statement, as I saw in the Mr. Sunshine Korean drama mostly the powerful state can freely control their economy in the way they're dealing with their currency.

Japanese at that time are forcing Joseon (Korean) people to use their money as a mean of paying or buying something because they are the powerful country that time they have the power to do it

I think this is the same thing with the United States as long as most people are buying those dollars, there won't be enough room for bitcoin to improve its circulation in the other country.
But thankfully as of now, most people are using it compared to last time when it first introduced by Satoshi.

Yes bitcoin is a way to escape the manipulation of the government when it comes to our money but I cannot say that bitcoin is better than US dollars. It's not that I doubt bitcoin, but both of them have their uses. Bitcoin is bitcoin, same with US dollar. They have their pros and cons. But as of now, most people would probably chose US dollar. They would chose fiat over crypto. Since bitcoin still need to be recognized by a lot of people. It still need mass adoption

"Repo" my ass!

Not only does this government create money out of thin air, they also create decisions out of thin air. They make moves out of their whims! And who can say to them that 75 billion USD is illegal and has no worth? No one because the control is in their hands. They have long created a law that supports that "emergency measure."

Bitcoin does not have anything like this. In Bitcoin country, there are no lunatic rulers who want to create more Bitcoins on the spur of the moment.

I can't deny that dollar so far are very useful all over the world now. Dollar also controlled by each government nations.
However, in Bitcoin it is unregulated based system where no one can't able to manipulate and control it too. Only the people
who own Bitcoin can have access in it. So in terms of future it is really that Bitcoin was better than fiat currency.

If nations known that bitcoin wasn't better than their dead fiat, they wouldn't have been discussing about developing their own state backed stable coin. Even bitcoin is still better than the stable coins they plan developing. Fiat has nothing backing it save government laws, and things can turn worst for the fiat like it happened in Zimbabwe, where we saw the outright failure of money.

I agree. Printing money will be a great financial crisis starter. Bitcoin would be able to solve this because Bitcoin isn't controlled by anyone and it is fixed in number which means it can't be printed like the US dollar. Bitcoin defeated US dollar the moment it is created because US dollar is nothing but lies and deception in it. it is not backed by anything and it has no real value. In conclusion, Bitcoin is better in anyway.

Experts say that US dollar will fall soon and investors are seeking a haven but it seems that the US citizen doesn't care much at all as long as they are being fed lies on how great US dollar is.

 

actually not the government, but the global elite, they are the ones who govern and control the world economy,
every country that prints money is actually debt, and it must be paid.
as long as the world bank is still private, not state-owned, it will always be like this,
and actually Bitcoin is against it, just not everyone knows bitcoin,
and of course BTC is better than FIAT because no one will be able to manipulate it.

Considering the systems that run both Bitcoin and US Dollar, personally I think Bitcoin is always better than US Dollar. The US Dollar system do not provide users to send or receive some amount of funds causing limitation to make some transactions, while Bitcoin's system allows users to make any transactions no matter the amount of funds being sent or received.

That is because the government will do anything to support their currency, and one of the ways is by telling people that bitcoin is only for illegal things. People will think that it is right because people believe that their government won't lie to them. But soon, I think people will realize that the news is not real and they will search the truth for that and if they found that bitcoin can be a new way to make money and bitcoin is the solution to the problem, people will moves to bitcoin while they still use fiat money.

The problem is not that people do not understand what is happening the problem is that they do not care, for example most people do not really care how their computers work and only begin to worry about them when they don't, and the same is true for the economy, and while 75 billion dollars printed out of nowhere is not a huge amount of money it is a sign of what it is to come, the next crisis is going to resemble the one that we saw in 2008 with the difference that it will be harder for countries to make the private debt of banks public as they did the last time because most countries are already highly indebted.

AFAIK it's only US dollar can print the paper money as they wish (I know this is sounds ridiculous but that'sthe fact of a super power country) ... any other fiat currency like Japanese yen (JPY) Chinese yuan (CNY) they can't do that (they won't do that), why?
They are need a world bank permission, they will have a bigger chance to have a hyperinflation just like in Zimbabwe if they decide to print the money unlimitedly, but not with the United states they seems have something special I don't know what it is ... maybe we just get fooled all this time idk.

Bitcoin is indeed a form of financial freedom we needed right now, nobody get fooled here as nobody control it ...
We need to see bitcoin become mainstream as soon as possible for the better fairer world.

Actually in reality we need to acceptbat this time dollar fiat money is better than to bitcoin if they talk about their importance as old currency control by the goverment.
For bitcoin we all know as bitcoin ethusiasm the importance of bitcoin as new investment is better than to other even in the gold. Hoping bitcoin become the most dominant currency worldwide with out any regulation to manipulate their value.

People who live on US will definitely choose US dollar because it's their main currency so we are that has local currency. Upon reading that news, the thing that came to my mind is they can print whenever they want and how many they want.

Unlike bitcoin, it beats the usual cycle of the gov't that prints money because there's a supply limit of 21 million. But with the comparison of it, we need to see bitcoin be accepted first by most countries and most people.

Maybe the government is controlling the fiat money, and it can do everything it wants to influence the fiat money. But Bitcoin is not controlled by the government, but its control by the whales. Any individual or organization control any FIAT or Cryptocurrency.

Definitely, they are manipulating it cause the government is in control with unlike to cryptocurrency. I believe the news isn't a big deal for everyone, it is only a one-night short term plan for the government which may change in the following days. This is not to think that USD become undervalued by Bitcoin, only it happens that the market turns into a crisis and they put blame into Bitcoin.

At this point, government finance feels the effect of wide adoption of crypto and they must have to take action before it getting worst. Not really a worrying part but it somehow it gives a warning that fiat will soon to drop down and people were mostly be using crypto/s instead.

I think its way better than US dollar. More precisely it is a cryptocurrency and brings more ease to people. Now people don't have to go to banks etc.

Of course it is better. The fact that it is decentralized alone makes it better. Not to mention that it is borderless, valuable, has a limited supply, and it is still evolving.

The government is sure manipulating the dollar and most fiat but don't forget the government also wants to get control where bitcoin and cryptocurrency is concern and my biggest fear is that this aim might be achieved for bitcoin to have wide adaptation

There's nothing you need to get angry with. When Pythagoras first claimed that the world was round, everyone opposed it. However, Magellan proved that it was true.

Do not hurry. Human nature does not like change very much and rejects it. But it is another fact that we have adapted over time. There's no need to rush. They will come in the crypto age.

El mundo de las criptomonedas es el futuro aca en venezuela a pesar de la crisis somos lo que mas hacemo transacciones a nivel del mundo por encima de rusia china y eeuu es impresionante quizas por que nuestra moneda va en declive debido a la crisis politica. Aca les dejo una nota del bitcoin muy interesante https://noticias24carabobo.com/valor-bitcoin-ano-alto/

We can compare bitcoin to US dollars because they actually have a different concept and they both there own advantage and disadvantage but the huge number of fiat printed was among the thing that leads to the economic slowdown which the reason why bitcoin was implemented.
Mind you, bitcoin and US dollar are both better in there own way.

Bitcoin is a global currency.  USD although an internationally recognized currency is still a local currency controlled by a government.  In all ramifications,  BTC is leagues ahead of not just USD but any fiat currency.

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.

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.

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/