Topic: UPDATE - page 24. (Read 41038 times)
IMO there are very limited aspects to be compared regarding use, size of adoption or even field so I think both can exist with each other normally, BTC could take the online field and cover it IMO.
Bitcoin is becoming more popular of course. But I think that Dollar now is more used. More people must use Bitcoin later. That will be good.
I hope later that more people will use it and understand how it works, the world is becoming more digital.
I hope later that more people will use it and understand how it works, the world is becoming more digital.
bitcoin is digital
dollar is physical
dont compare thing which didn't match either
I think both is currency of course can be compared. after all, the dollar also has a digital version via debit or credit card dollar is physical
dont compare thing which didn't match either
So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?
Particular, which CONCRETE advantages can the people get from BTC?
Thank you.
Particular, which CONCRETE advantages can the people get from BTC?
Thank you.
If people dont spend BTC, then it's value goes up. The slower the money velocity the more valuable that is.
That is why in many places BTC is a commodity not entirely a currency. But I see is as a mix of the 2.
agree with you, more people (like me) think bitcoin more than currency, it's comodity too.
we hold bitcoin for invest so if bitcoin price reached my target i will sell my bitcoin
bitcoin is digital
dollar is physical
dont compare thing which didn't match either
Yes, bitcoin is on the internet and can be traded only on internet. But dollar can be traded both online and physically.dollar is physical
dont compare thing which didn't match either
The thing is which is better investment. The U.S. Dollar is the most liquid because it is the world’s reserve currency.
The Bitcoin has not seen a very long time span, but since its introduction in January 2009, it has remained stable. So it can be the currency of the future.
It can be a currency of the future but I don't think it can replace dollar sooner or latter, people would continue to use dollar even bitcoin gets more bigger and more popular.
So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?
Particular, which CONCRETE advantages can the people get from BTC?
Thank you.
Particular, which CONCRETE advantages can the people get from BTC?
Thank you.
If people dont spend BTC, then it's value goes up. The slower the money velocity the more valuable that is.
That is why in many places BTC is a commodity not entirely a currency. But I see is as a mix of the 2.
bitcoin is digital
dollar is physical
dont compare thing which didn't match either
Yes, bitcoin is on the internet and can be traded only on internet. But dollar can be traded both online and physically.dollar is physical
dont compare thing which didn't match either
The thing is which is better investment. The U.S. Dollar is the most liquid because it is the world’s reserve currency.
The Bitcoin has not seen a very long time span, but since its introduction in January 2009, it has remained stable. So it can be the currency of the future.
Fiat are too bad as they have too many limitations on you and cannot spend them easily, while BTC offers much easy transactions and we do not have to pay useless taxes and all.
Limitations? No doubt even bitcoin has limitations. Just because you feel it no limits when using bitcoin means all person in the world feels the same way.
Both are very popular and good. But I think that Dollar is more used. But some people dont trust Bitcoin.
Because they think it is not safe. But I hope that more people will use some Bitcoin later in the future.
Because they think it is not safe. But I hope that more people will use some Bitcoin later in the future.
Fiat are too bad as they have too many limitations on you and cannot spend them easily, while BTC offers much easy transactions and we do not have to pay useless taxes and all.
bitcoin is digital
dollar is physical
dont compare thing which didn't match either
dollar is physical
dont compare thing which didn't match either
Yep. And they can never replace on another. Bitcoin can never be a real form of currency. It's just easier to refer it as one because same as with any other currencies - there are values and trades and swaps. But it's totally different.
Heard circa 2010: "Real's gonna change"
Heard circa 2016: "Real changed"
Dollar is a currency and bitcoin has no fizical appearance, everyone knows about dollar but mostly people don't know about bitcoin,so both have a lot of different.
Yep. And they can never replace on another. Bitcoin can never be a real form of currency. It's just easier to refer it as one because same as with any other currencies - there are values and trades and swaps. But it's totally different.
So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?
Particular, which CONCRETE advantages can the people get from BTC?
Thank you.
Particular, which CONCRETE advantages can the people get from BTC?
Thank you.
Compare BTC with Western Union.
Currently WU is proudly advertising their "instant" money transfers that you have to go to a place to collect, for a fee of $5-$10 internationally.
With BTC, you can adjust your fee, even to no transaction fee.(Not recommended)
So a huge advantage of using BTC is that you can save on international transaction fees... Which is pretty huge if you're just transferring, say $15 worth of currency and you have to pay $5 in fees for WU.
Yes. It would be even better if the bitcoin can be used directly in every places. For the time being, we have to exchange it to fiat to spend for most of us.
It will be better if that is gonna be possible, but you have to keep in mind that bitcoin will not gonna win from the dollar because the dollar is to strong, the bitcoin is still depending on it nowadays, and the other thing is that the banks will never gonna let this happen.
because of all these reason the bitcoin will not win it in my opinion.
So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?
Particular, which CONCRETE advantages can the people get from BTC?
Thank you.
Particular, which CONCRETE advantages can the people get from BTC?
Thank you.
Compare BTC with Western Union.
Currently WU is proudly advertising their "instant" money transfers that you have to go to a place to collect, for a fee of $5-$10 internationally.
With BTC, you can adjust your fee, even to no transaction fee.(Not recommended)
So a huge advantage of using BTC is that you can save on international transaction fees... Which is pretty huge if you're just transferring, say $15 worth of currency and you have to pay $5 in fees for WU.
Yes. It would be even better if the bitcoin can be used directly in every places. For the time being, we have to exchange it to fiat to spend for most of us.
So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?
Particular, which CONCRETE advantages can the people get from BTC?
Thank you.
Particular, which CONCRETE advantages can the people get from BTC?
Thank you.
Compare BTC with Western Union.
Currently WU is proudly advertising their "instant" money transfers that you have to go to a place to collect, for a fee of $5-$10 internationally.
With BTC, you can adjust your fee, even to no transaction fee.(Not recommended)
So a huge advantage of using BTC is that you can save on international transaction fees... Which is pretty huge if you're just transferring, say $15 worth of currency and you have to pay $5 in fees for WU.
Dollar is what I exchange bitcoins too and I get 430 times in USD when I give one bitcoin. So, its pretty obvious which is bigger ? I love bitcoins and for me bitcoins wins against doallrs with various reasons and with big margin.
With Bitcoin being a Cryptocurrency..
there is no central institution which holds your money.
Easy Payments, easy and fast confirmations..
i think thats what makes Bitcoin as a cryptocurrency better than Fiat currencies..
there is no central institution which holds your money.
Easy Payments, easy and fast confirmations..
i think thats what makes Bitcoin as a cryptocurrency better than Fiat currencies..
That is right. And crypto currency makes banking an option. You have do not to use a bank if you do not want to borrow money.
With Bitcoin being a Cryptocurrency..
there is no central institution which holds your money.
Easy Payments, easy and fast confirmations..
i think thats what makes Bitcoin as a cryptocurrency better than Fiat currencies..
there is no central institution which holds your money.
Easy Payments, easy and fast confirmations..
i think thats what makes Bitcoin as a cryptocurrency better than Fiat currencies..
They both have their positives and negatives, it really just comes down to personal preference. Some people like Bitcoin and other don't.
Yeah, people who are comfortable using dollar will continue to use dollar as they find it easy and they can spend it everywhere with an ease, comparatively they find bitcoin a bit complicated.
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