Nowadays, We knew that USD is still much more popular than bitcoin, and became stronger and being established in the whole world. while bitcoin is not that far beyond as dollar did. Though bitcoin is also popular in our generation in terms of technology and advertisement.
I think the dollar will always be popular until whenever. even bitcoin would not be able to match the popularity of dollars. but I am sure that bitcoin could at least be an option for the dollar as a global currency 
Topic: USD vs BTC - page 53. (Read 121137 times)
Obviously not, USD is more popular because it is in top of the most used currencies in terms of global reserves. This shows economy of the world depends on USD. But in other hand Bitcoin have a very low impact on world economy. May be it would get more attention in future but surely will never get the more importance than USD.
To date, the dollar is probably the most important currency of the world. If only imagine that the dollar will fail, many countries will have a very serious problem and the crisis could lead to the collapse of the economy. And no one wants and not be able to prevent. Therefore, the entire financial system and the banking system of the world will keep the strength of the dollar until the end.
Whose economy do you mean exactly?
If you mean the world's economy at large, I don't think it will cause massive collapse of it, at least as long as the US economy itself doesn't collapse itself which is still the largest economy in the world (sharing the first place with the Chinese economy if I'm not mistaken). In any case, the collapse of the dollar can itself be only the consequence of the American economy meltdown, not the cause of it. Regarding the international trade, if such events should happen, the trading countries would either use gold backed unit of account (say, gold certificates denominated in ounces of gold) or just start trading using their national currencies as it already happens between certain countries (e.g. Russia and China). The dollar is only a tool for settling accounts (difference between imports and exports between countries), as such it is irrelevant since it can be easily substituted with another unit of account
Can you envision a scenario in which the USD fails but the US economy remains in tact? Whether an economy or the underlying currency fails first seems to be a question of the chicken or the egg. It would seem to be that they are so closely linked that the failure of either would necessitate the failure of the other.
To date, the dollar is probably the most important currency of the world. If only imagine that the dollar will fail, many countries will have a very serious problem and the crisis could lead to the collapse of the economy. And no one wants and not be able to prevent. Therefore, the entire financial system and the banking system of the world will keep the strength of the dollar until the end.
Whose economy do you mean exactly?
If you mean the world's economy at large, I don't think it will cause massive collapse of it, at least as long as the US economy itself doesn't collapse itself which is still the largest economy in the world (sharing the first place with the Chinese economy if I'm not mistaken). In any case, the collapse of the dollar can itself be only the consequence of the American economy meltdown, not the cause of it. Regarding the international trade, if such events should happen, the trading countries would either use gold backed unit of account (say, gold certificates denominated in ounces of gold) or just start trading using their national currencies as it already happens between certain countries (e.g. Russia and China). The dollar is only a tool for settling accounts (difference between imports and exports between countries), as such it is irrelevant since it can be easily substituted with another unit of account
Yes, what Deisik said. Also bear in mind that as (not if) the dollar continues its fall, it becomes harder for the dollar issuers to rob the dollar users of their wealth. Ending the massive hemorrhaging of wealth will hardly be what I would call "a collapse". It will lead to a rejuvenation in a phenomenon known as "jubilee".
USD vs BTC is one must see value. All traders are tracking this kind of monetary value. Just like other currencies, we must know what will be the next value of it, or it will goes high or low. All traders are on their right track to know its value everyday.
The value of USD is still stable but what should monitored now is the value of bitcoins, it's volatile and can give us good income even in short term investment. If the US currency perform well, it could affect the price of bitcoin to also reflect the same, I like to see that USA will maintain it's good economy so the economy of all crypto currencies will also be progressive especially bitcoin.As you said, the price of bitcoins is still stable. But cant you see the price of bitcoins moving towards new heights and that too in a very fast way. See the prices of US dollar and Bitcoins for the last six months and you will realize that bitcoins is the next big change.
I'd choose USD, no need to seek to Exchange exchanger bitcoin again. In addition, it is certain that the USD could be accepted all over the world without anyone asking anymore like bitcoin.
To date, the dollar is probably the most important currency of the world. If only imagine that the dollar will fail, many countries will have a very serious problem and the crisis could lead to the collapse of the economy. And no one wants and not be able to prevent. Therefore, the entire financial system and the banking system of the world will keep the strength of the dollar until the end.
Whose economy do you mean exactly?
If you mean the world's economy at large, I don't think it will cause massive collapse of it, at least as long as the US economy itself doesn't collapse itself which is still the largest economy in the world (sharing the first place with the Chinese economy if I'm not mistaken). In any case, the collapse of the dollar can itself be only the consequence of the American economy meltdown, not the cause of it. Regarding the international trade, if such events should happen, the trading countries would either use gold backed unit of account (say, gold certificates denominated in ounces of gold) or just start trading using their national currencies as it already happens between certain countries (e.g. Russia and China). The dollar is only a tool for settling accounts (difference between imports and exports between countries), as such it is irrelevant since it can be easily substituted with another unit of account
Nowadays, We knew that USD is still much more popular than bitcoin, and became stronger and being established in the whole world. while bitcoin is not that far beyond as dollar did. Though bitcoin is also popular in our generation in terms of technology and advertisement.
USD vs BTC is one must see value. All traders are tracking this kind of monetary value. Just like other currencies, we must know what will be the next value of it, or it will goes high or low. All traders are on their right track to know its value everyday.
The value of USD is still stable but what should monitored now is the value of bitcoins, it's volatile and can give us good income even in short term investment. If the US currency perform well, it could affect the price of bitcoin to also reflect the same, I like to see that USA will maintain it's good economy so the economy of all crypto currencies will also be progressive especially bitcoin.As you said, the price of bitcoins is still stable. But cant you see the price of bitcoins moving towards new heights and that too in a very fast way. See the prices of US dollar and Bitcoins for the last six months and you will realize that bitcoins is the next big change.
For myself, I learned to associate with pleasure, so bitcoin dollar and I have the equivalent position. I earn dollars using bitcoin. It's a fact of life and not going anywhere.
USD vs BTC is one must see value. All traders are tracking this kind of monetary value. Just like other currencies, we must know what will be the next value of it, or it will goes high or low. All traders are on their right track to know its value everyday.
The value of USD is still stable but what should monitored now is the value of bitcoins, it's volatile and can give us good income even in short term investment. If the US currency perform well, it could affect the price of bitcoin to also reflect the same, I like to see that USA will maintain it's good economy so the economy of all crypto currencies will also be progressive especially bitcoin.As you said, the price of bitcoins is still stable. But cant you see the price of bitcoins moving towards new heights and that too in a very fast way. See the prices of US dollar and Bitcoins for the last six months and you will realize that bitcoins is the next big change.
I agree with you, not only more confidence in the future, but more profit also when using bitcoins. However we don't need to choose one or another, we can use any currency we want and use many simutaneously. This way we can make more profit and enjoy the best of each currency.
It's not necessary to see currencies as adversaries between them.
absolutely no. usd is the currency of united state of america. every nation is basing their currencies on this united state dollars. so absolutely this united state dollar is more than have value and more known into this bitcoin. bitcoin is not yet officially introduced to other countries while united state dollar is known to almost all countries all over the world.
Oh no. Where did you read something like that "every nation is basing their currencies on this united state dollars." You should claim this before Nixon shock but now your statement is completely wrong. Maybe you must read some definitions about currencies in popular sites like as Investopedia, Wikipedia and so on. Or you are confused and you would like to write about reserve or de facto currency. On the other side I agree that USD is globally known but we must not forget that USD counts more than 120 years, if I am not mistaken, it is paper money so there is no need of internet, pc, smartphone or anything else. For these reasons it is not a fair comparison.
One can't say that "every nation is basing their currencies on the USD", but it is true that the exchange rates are normally quoted with respect to the United States Dollar. Market experts, and even the common people are not much bothered about the exchange rates w.r.t the other currencies such as GBP and EUR. The USD is the world's reserve currency, and more than 90% of the international trade is done using it.
absolutely no. usd is the currency of united state of america. every nation is basing their currencies on this united state dollars. so absolutely this united state dollar is more than have value and more known into this bitcoin. bitcoin is not yet officially introduced to other countries while united state dollar is known to almost all countries all over the world.
Oh no. Where did you read something like that "every nation is basing their currencies on this united state dollars." You should claim this before Nixon shock but now your statement is completely wrong. Maybe you must read some definitions about currencies in popular sites like as Investopedia, Wikipedia and so on. Or you are confused and you would like to write about reserve or de facto currency. On the other side I agree that USD is globally known but we must not forget that USD counts more than 120 years, if I am not mistaken, it is paper money so there is no need of internet, pc, smartphone or anything else. For these reasons it is not a fair comparison.
absolutely no. usd is the currency of united state of america. every nation is basing their currencies on this united state dollars. so absolutely this united state dollar is more than have value and more known into this bitcoin. bitcoin is not yet officially introduced to other countries while united state dollar is known to almost all countries all over the world.
Oh no. Where did you read something like that "every nation is basing their currencies on this united state dollars." You should claim this before Nixon shock but now your statement is completely wrong. Maybe you must read some definitions about currencies in popular sites like as Investopedia, Wikipedia and so on. Or you are confused and you would like to write about reserve or de facto currency. On the other side I agree that USD is globally known but we must not forget that USD counts more than 120 years, if I am not mistaken, it is paper money so there is no need of internet, pc, smartphone or anything else. For these reasons it is not a fair comparison.
USD vs BTC is one must see value. All traders are tracking this kind of monetary value. Just like other currencies, we must know what will be the next value of it, or it will goes high or low. All traders are on their right track to know its value everyday.
The value of USD is still stable but what should monitored now is the value of bitcoins, it's volatile and can give us good income even in short term investment. If the US currency perform well, it could affect the price of bitcoin to also reflect the same, I like to see that USA will maintain it's good economy so the economy of all crypto currencies will also be progressive especially bitcoin.As you said, the price of bitcoins is still stable. But cant you see the price of bitcoins moving towards new heights and that too in a very fast way. See the prices of US dollar and Bitcoins for the last six months and you will realize that bitcoins is the next big change.
Generally it should always be an alternative. I think that the dollar and bitcoin are to each other, as a counterweight. In any other industry can not be. Even in finance.
USD vs BTC is one must see value. All traders are tracking this kind of monetary value. Just like other currencies, we must know what will be the next value of it, or it will goes high or low. All traders are on their right track to know its value everyday.
The value of USD is still stable but what should monitored now is the value of bitcoins, it's volatile and can give us good income even in short term investment. If the US currency perform well, it could affect the price of bitcoin to also reflect the same, I like to see that USA will maintain it's good economy so the economy of all crypto currencies will also be progressive especially bitcoin.As you said, the price of bitcoins is still stable. But cant you see the price of bitcoins moving towards new heights and that too in a very fast way. See the prices of US dollar and Bitcoins for the last six months and you will realize that bitcoins is the next big change.
USD vs BTC is one must see value. All traders are tracking this kind of monetary value. Just like other currencies, we must know what will be the next value of it, or it will goes high or low. All traders are on their right track to know its value everyday.
The value of USD is still stable but what should monitored now is the value of bitcoins, it's volatile and can give us good income even in short term investment. If the US currency perform well, it could affect the price of bitcoin to also reflect the same, I like to see that USA will maintain it's good economy so the economy of all crypto currencies will also be progressive especially bitcoin.USD vs BTC is one must see value. All traders are tracking this kind of monetary value. Just like other currencies, we must know what will be the next value of it, or it will goes high or low. All traders are on their right track to know its value everyday.
The value of USD is still stable but what should monitored now is the value of bitcoins, it's volatile and can give us good income even in short term investment. If the US currency perform well, it could affect the price of bitcoin to also reflect the same, I like to see that USA will maintain it's good economy so the economy of all crypto currencies will also be progressive especially bitcoin.
It's not just about the value of the currency that determines the popularity.
Popularity is based on ease of using and globally accepted currencies.
Bitcoin is valuable aswell
Popularity is based on ease of using and globally accepted currencies.
Bitcoin is valuable aswell
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