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Topic: USD vs BTC - page 45. (Read 121137 times)

hero member
Activity: 840
Merit: 502
February 27, 2017, 11:03:48 PM
is bitcoin more popular than US Dollar ?

When you talk about the popularity, bitcoin can not be compared to the US dollar. Because bitcoin including the new currency ( since 2009 ) while the US dollar currency that has been around a long time. There are other factor like bitcoin works crypto which only people who Able to access the Internet that can use bitcoin. While the US dollar is a fiat currency, everyone can use it easily.
Bitcoin is very far away form the dollar in terms of popularity in almost any metric we may decide to use, but there is no doubt the popularity of bitcoin is raising rapidly especially for those that are financially educated and see in bitcoin an opportunity to make money in the short and the long term.
hero member
Activity: 924
Merit: 500
February 27, 2017, 10:26:26 PM
is bitcoin more popular than US Dollar ?
There are lot of different opinions and speculation that we are going to find out what their side of comment between USD vs BTC. Actually, bitcoin has no tax, and no government, and can be trade by the person while USD it is controlled by the government and it can't be trade in the exchange by the ordinary citizens.
member
Activity: 84
Merit: 10
February 27, 2017, 08:28:41 PM
Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up"  Wink?

The world economy is not build on anything for real. Everything could be change and sooner or later those kind of things going to be changed . The country might reject bitcoin for now however there is a chance that it will be being widely used in most part of the world so no more reason to not accept that

blockchain technology becomes popular and it is like the government. However, with this technology develops and the popularity of Bitcoin - and that the government does not like totally. Therefore, no one can predict whether Bitcoin will be popular
I think that talking about the popularity bitcon yet. If you don't believe me go outside and ask who has bitcoins. Sure you will have a very long run to find such a person. This is evidence of the popularity of.
sr. member
Activity: 364
Merit: 250
February 27, 2017, 04:53:58 PM
is bitcoin more popular than US Dollar ?

My place biloa bitcoin is still less well known than the dollar, because of the place I was little, so understand it, unlike the case with in the big cities there are many who know bitcoin
without promotion or advertising of bitcoin wich done on a large scale. bitcoin takes a long time to beat the popularity usd. there should be a party or business people that promote it.
member
Activity: 90
Merit: 10
February 27, 2017, 04:20:32 PM
Both have your place in economy, but the future is bitcoin.

Just the way to new tecnology, and this is revolution. New economy is borning
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
February 27, 2017, 02:48:59 AM
I think dollar is more popular, because it was used in many country and its tangible, some people prefer something that they can hold, example fiat or gold and usd has been known for generation and been used by all people in the world without being banned, while bitcoin is just pop out not more than 10 years, so i think bitcoin still need time to develop and become as famous as dollar.

But btc is future
usd probably have a lot of interest, because the usd including properties that people use every day and at any time anywhere, as long as it still received a fiat in the form of usd. bitcoin is currently only used in the Internet, but, you're right. bitcoin has a greater potential for encompassing the international world. and on the internet bitcoin is the future. so although currently usd better, but in the future, bitcoin might be better than other currencies.

Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up"  Wink?

This is a very skewed point of view (mildly speaking)

No sustainable economy can be built on or around just money. A few countries can live (and live pretty well at that) having their economies based entirely on money alone (for being payment hubs, tax havens and similar things), but they are basically parasitizing on the other productive nations. Any large country like the US or China has to rely on domestic real economy, and money is purely utilitarian for these nations. That's why Trump is so hell-bent on "making America great again", i.e. he means restoring the industrial sector of the US to its former fame (since the US is too big to exist only as a money issuance center for the rest of the world). In this manner, Internet as a means of instant communications is likely of the same degree of importance as money itself
sr. member
Activity: 287
Merit: 250
February 26, 2017, 11:20:53 AM
Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up"  Wink?

The world economy is not build on anything for real. Everything could be change and sooner or later those kind of things going to be changed . The country might reject bitcoin for now however there is a chance that it will be being widely used in most part of the world so no more reason to not accept that

blockchain technology becomes popular and it is like the government. However, with this technology develops and the popularity of Bitcoin - and that the government does not like totally. Therefore, no one can predict whether Bitcoin will be popular
legendary
Activity: 1540
Merit: 1016
February 26, 2017, 10:36:18 AM
Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up"  Wink?

The world economy is not build on anything for real. Everything could be change and sooner or later those kind of things going to be changed . The country might reject bitcoin for now however there is a chance that it will be being widely used in most part of the world so no more reason to not accept that
hero member
Activity: 676
Merit: 500
February 26, 2017, 10:03:19 AM
I think dollar is more popular, because it was used in many country and its tangible, some people prefer something that they can hold, example fiat or gold and usd has been known for generation and been used by all people in the world without being banned, while bitcoin is just pop out not more than 10 years, so i think bitcoin still need time to develop and become as famous as dollar.

But btc is future
usd probably have a lot of interest, because the usd including properties that people use every day and at any time anywhere, as long as it still received a fiat in the form of usd. bitcoin is currently only used in the Internet, but, you're right. bitcoin has a greater potential for encompassing the international world. and on the internet bitcoin is the future. so although currently usd better, but in the future, bitcoin might be better than other currencies.

Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up"  Wink?
legendary
Activity: 2758
Merit: 1004
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February 26, 2017, 09:19:10 AM
I think dollar is more popular, because it was used in many country and its tangible, some people prefer something that they can hold, example fiat or gold and usd has been known for generation and been used by all people in the world without being banned, while bitcoin is just pop out not more than 10 years, so i think bitcoin still need time to develop and become as famous as dollar.

But btc is future
usd probably have a lot of interest, because the usd including properties that people use every day and at any time anywhere, as long as it still received a fiat in the form of usd. bitcoin is currently only used in the Internet, but, you're right. bitcoin has a greater potential for encompassing the international world. and on the internet bitcoin is the future. so although currently usd better, but in the future, bitcoin might be better than other currencies.
member
Activity: 90
Merit: 10
February 26, 2017, 09:06:01 AM
You have to understand that the American dollar is practically held the whole world economy. If he does not hold, then drop it. So I think that it will be at a height either alone or artificially.
sr. member
Activity: 532
Merit: 250
1st of May
February 26, 2017, 08:01:03 AM
is bitcoin more popular than US Dollar ?

My place biloa bitcoin is still less well known than the dollar, because of the place I was little, so understand it, unlike the case with in the big cities there are many who know bitcoin
full member
Activity: 129
Merit: 100
February 26, 2017, 05:02:58 AM
As it is, now way, the parity doesn't count as being 'more popular'
hero member
Activity: 882
Merit: 544
February 26, 2017, 05:02:06 AM
In my opinion bitcoin is not even as popular as US Dollar yet. I think it ain't since it is not widely used right now by many people only a percent of the world's population use it but many knows it but thinks of it in a bad way. US Dollar on the other hand was trusted by many since it was fiat currency but soon in the near future though bitcoin might be more popular than US Dollar but it is still a possibility in the future.

Well this shouldn't even be argument at this time at all. Bitcoin will grow and evolve and most possibly become the main digital currency which is accepted by most people around the world. But it can't compete with the dollar or with any other fiat currency as they would have different use. The dollar will always be relevant and no other currency will shake it's hold out of the market.
Well yeah you got a point. Maybe in the future, bitcoin will be popular but it will be used like credit card but it's a lot safer since giving it out is not that risky since one can just give your credit card details with stranger to pay while bitcoin address cannot be given by a stranger to another people to pay, and he would need to have an access to your btc wallet first before doing that so the flaw of credit card is solved by bitcoin which I see would make it more popular.
sr. member
Activity: 434
Merit: 250
February 25, 2017, 07:28:44 PM
I think dollar is more popular, because it was used in many country and its tangible, some people prefer something that they can hold, example fiat or gold and usd has been known for generation and been used by all people in the world without being banned, while bitcoin is just pop out not more than 10 years, so i think bitcoin still need time to develop and become as famous as dollar.

But btc is future
sr. member
Activity: 378
Merit: 250
February 25, 2017, 07:26:08 PM
If I compare the dollar with the bitcoin my preference would be the bitcoin in the of course. Profit and loss analysis is required when selecting investment instruments. The risk situation needs to be assessed.

For me, bitcoin is a good investment tool both in short term and long term.

Why would you prefer with bitcoin? The main deal is bitcoin is depending it's price with dollar. But for me, they are both good and the best thing to do is always depend to both of them because they are one of the majority trading first choice of most of the trader. I do also agree that in the long term goal always go with bitcoin.
I totally agree with you. I do not give preference to whom it alone. I consider bitcoin as a commodity or product as you please, by which I earn dollars. And for dollars is already live. This simple and affordable.
in fact currently we cannot depend on bitcoin totally, because bitcoin is still not available in all the shops and cannot complete our requirement and therefore we are still depending on fiat and using both bitcoin and fiat also.
sr. member
Activity: 784
Merit: 250
February 25, 2017, 05:49:54 PM
is bitcoin more popular than US Dollar ?

When you talk about the popularity, bitcoin can not be compared to the US dollar. Because bitcoin including the new currency ( since 2009 ) while the US dollar currency that has been around a long time. There are other factor like bitcoin works crypto which only people who Able to access the Internet that can use bitcoin. While the US dollar is a fiat currency, everyone can use it easily.

Indeed. You are correct sir, they are both popular but in different terms only. Bitcoin so far is not that visible popular as Dollar has right now, and we can't deny it. Bitcoin is only popular now in terms of technology in the internet, or Crypto world/ cryptocurrency/digital currency, while dollar is very popular in all nation and accepted as there currency too.
hero member
Activity: 672
Merit: 500
February 25, 2017, 04:52:05 PM
is bitcoin more popular than US Dollar ?

When you talk about the popularity, bitcoin can not be compared to the US dollar. Because bitcoin including the new currency ( since 2009 ) while the US dollar currency that has been around a long time. There are other factor like bitcoin works crypto which only people who Able to access the Internet that can use bitcoin. While the US dollar is a fiat currency, everyone can use it easily.
full member
Activity: 235
Merit: 250
February 25, 2017, 04:43:56 PM
is bitcoin more popular than US Dollar ?

I think us dollar are more popular then bitcoin. Btc are not mainstream, most of people doesn't know anything about it, if you offer 100 btc or 10000 dollars to some strangers they will prefer of course the dollars Wink

I agree with you. Who knows about Bitcoin very few people. But I am sure that with them will become more and more every year. Now the dollar has a leading position
hero member
Activity: 896
Merit: 521
February 25, 2017, 02:47:44 PM
is bitcoin more popular than US Dollar ?

I think us dollar are more popular then bitcoin. Btc are not mainstream, most of people doesn't know anything about it, if you offer 100 btc or 10000 dollars to some strangers they will prefer of course the dollars Wink
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