Bitcoin does not have a profit margin. The bonds have a coupon, the shares have profits and dividends. Bitcoine does not have any support at all, except for the hope that someday you will sell it more than you bought it.
Absence of any kind of material basis is the main thing that, according to many experts, will not allow the crypto currency to become a full-fledged means of payment.
Topic: Is Bitcoin the dollar equivalent? - page 4. (Read 573 times)
Crypto currency is a new kind of assets that are represented only as records in a distributed database of a blockage with protection against forgery of records, transparent to all users and partially anonymous. In fact, this is a new form of world money. So far, rather, its test part, which has a financial evaluation in real money.
Bitcoin can become a world currency and such a transition is inevitable over time. Simply crypto currency needs a little more time to develop.
The crypto currency in general and the bitcoins in particular have their own adherents - those who believe that this is the currency of the future - and critics who believe that with the currency of these "virtual money" there is nothing in common. For example, Professor Warren Weber, consultant Bank of Canada, is convinced that bitcoin could become a global currency, but only if it manages to overcome the fierce resistance of central banks and governments, which it threatens with the loss of levers of influence on the economy.
that's true in someway, because when you come to the cryptocurrency section of digital technology, i think bitcoin is the boss. But one thing is that not every coin is staked against bitcoin for trading.
If we compare the crypto assets market to the stocks markets in general, can Bitcoin be considerated as the equivalent of the dollar?
In the stock exchage we buy shares with dollars.
In the cryptocurrencies exchanges we buy tokens or coins with bitcoins(and other cryptocurrencies, Litecoins, etc).
No, that's not quite true. Bitcoin can be bought for dollars, but not everywhere. Bitcoin has many other functions. Economic and practical. In the stock exchage we buy shares with dollars.
In the cryptocurrencies exchanges we buy tokens or coins with bitcoins(and other cryptocurrencies, Litecoins, etc).
I would like to agree like the real currency, dollar is the basis and center of exchange while in cryptocurrency bitcoin is the dollar value on stock market exchange but in cryptocurrency we need to go many methods and payment before we actually done an exchange so there are similarities and differences.
You can buy the bitcoin with dollar ,but you cant compare the bitcoin with dollar.here is the reason:
1.Bitcoin is very flexible or highly risky or highly volatile,
2.No international support for bitcoin like dollar,
3.No one here to take responsibility if it crash,
4.No one can regulate,
1.Bitcoin is very flexible or highly risky or highly volatile,
2.No international support for bitcoin like dollar,
3.No one here to take responsibility if it crash,
4.No one can regulate,
I would say yes. if you put it that way, bitcoin is definitely the equivalent of dollar. We all know that dollar is somewhat the universal money in this world and many countries need to convert their money to usd to buy something internationally (like tech or resources). You will see in a lot of exchanges bitcoin is used to buy other coins. I think only a handful of coins are ready to be bought on dollars.
Bitcoin is not a dollar equivalent. It is something far more superior. Dollars are simply worthless papers which could be forged or printed anytime by various people. Bitcoin can't be forged, that's what makes it so valuable. Not to mention that it is decentralized and nobody can't stop it anymore from expanding. It is a matter of time before we will all ditch dollar and all fiats in order to use cryptocurrencies. There will be a lot of discussions whether or not it is a good idea but I have high expectations of Bitcoin. There's one thing that Bitcoin can't be used in the same way as dollar. Taking cocaine 
The official currency will or will not be unknown at the moment because Bitcoin jumps up then down.
Because in the real world we can buy anything with dollars, and in the crypto world we can buy all altcoin with bitcoin.
You can spend Bitcoin on whatever you want in the hundreds of thousands of merchants accepting it. Granted, Bitcoin's merchant adoption level is very low if we put it against the adoption level fiat payment services enjoy, but that will change slowly but surely. LN will shake things up when deployed globally, because it gets rid of three important obstacles;
1) transaction fees.
2) confirmation times.
3) transaction processing capability.
From there the only obstacles remaining are the volatility and the lacking will to spend. In case of the latter, I hope that the aforementioned 3 points will at least make them more comfortable spending instead of solely hoarding. Currently I can definitely understand that there is no real incentive to move away from traditional payment services, but that will change once LN gets embraced by merchants. LN's lower fees might even result in merchants getting rid of the product premiums due to the fees that CC's and other services charge, which merchants calculate in their prices.
It is something like that because in cryptocurrencies, the exchange of almost many coins. While in stocks it is like usd to another stocks. Just like that.
If we compare the crypto assets market to the stocks markets in general, can Bitcoin be considerated as the equivalent of the dollar?
In the stock exchage we buy shares with dollars.
In the cryptocurrencies exchanges we buy tokens or coins with bitcoins(and other cryptocurrencies, Litecoins, etc).
Maybe, if you equate the real world with the crypto world. Because in the real world we can buy anything with dollars, and in the crypto world we can buy all altcoin with bitcoin. But if you equate dollars with bitcoin in the real world, it must be different and not the same. In the stock exchage we buy shares with dollars.
In the cryptocurrencies exchanges we buy tokens or coins with bitcoins(and other cryptocurrencies, Litecoins, etc).
In stocks you're buying shares with dollars but in cryptocurrencies you're buying tokens with Bitcoin. It means Bitcoin is dollar in cryptocurrencies market.
Aside from Bitcoin and Ethereum, there are more than 1,200 altcoins in the entire crypto market. Which currency you mostly use to buy, personally using ether mainly to buy alt coins. All of the crypto money valued by usd equivalent, bitcoin as well.
I don't think so. Dollar is a government money, meaning it is controlled by them fully while on the other hand Bitcoin is a decentralized money which the government doesn't have any control on it. Simply put, with bitcoin, we can transfer almost anonymously without government surveillance all the time.
If we compare the crypto assets market to the stocks markets in general, can Bitcoin be considerated as the equivalent of the dollar?
In the stock exchage we buy shares with dollars.
In the cryptocurrencies exchanges we buy tokens or coins with bitcoins(and other cryptocurrencies, Litecoins, etc).
In the stock exchage we buy shares with dollars.
In the cryptocurrencies exchanges we buy tokens or coins with bitcoins(and other cryptocurrencies, Litecoins, etc).
I don't really think we can compare the bitcoin to dollar equivalent. As cryptocurrency is volatile and i think the sysyem is different. These two are really different. It wouldn't be compared.
If we compare the crypto assets market to the stocks markets in general, can Bitcoin be considerated as the equivalent of the dollar?
In the stock exchage we buy shares with dollars.
In the cryptocurrencies exchanges we buy tokens or coins with bitcoins(and other cryptocurrencies, Litecoins, etc).
In the stock exchage we buy shares with dollars.
In the cryptocurrencies exchanges we buy tokens or coins with bitcoins(and other cryptocurrencies, Litecoins, etc).
I would not agree, these two have different system. Dollar is currency and Bitcoin is more likely asset.
bitcoin is not equivalent to dollar money because bitcoin has a very expensive price than bitcoin. Dollars can only be used to buy bitcoins but that does not mean dollars are equivalent to bitcoin
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