Topic: USD vs BTC - page 59. (Read 121137 times)
USD is just the same with other fiat. It value is always decrease becouse of inflation. I am sure that people will leave fiat soon. So many countries were accept bitcoin, I think bitcoin will get more mass adoption.
is bitcoin more popular than US Dollar ?
Digital currency in the spring, was kicked off, since the evolution of human society, technological progress, but cannot be reversed, evolution of money, there is no exception; the birth of the blockchain (fix distributed storage and general ledger), declared this network currency boarded the stage of history, and in 7 years the rise of Lawrence bitcoin in the harvest of glory at the time, also indicates that the net currency evolution will be net effect speed leap. Bitcoin is more popular than the dollar, but it takes time. 
Without fiat dollar there would be no bitcoin.Most miners and any merchant that using bitcoin convert to fiat anyway.Also most trading and liquidity to market is against fiat dollar etc.This is true.
of course, because the current bitcoin also relies on fiat currency like dollars, unless bitcoin could stand on its own has a market in the real world and accepted throughout the country, it can stand on its own bitcoinIn a thread filled with broken English and even more broken economic understanding, i should probably only take the time to reply to one. So I picked yours
Bitcoin is the most regulated and orderly currency ever conceived. Every transaction - every newly issued token - is publicly auditable and verifiable. Imagine if you asked fiat issuers to be so regulated and orderly. Lol right? No chance.
Saying that "we rely on fiat" is exactly saying "we rely on being robbed". Rely on being robbed for what? We rely on the sun shining, on arable land, on fresh water, amongst other things, for life. Do we "rely" on having a large chunk of our wealth constantly being taken by people issuing economic tokens at no cost to themselves? Sure, the same way prisoners rely on the prison guards to make sure they won't escape.
Both BTC and the US Standard are held internationally having access to many countries with fair value when exchanged or used.
Bitcoin is still in early growth phases as well as not being fully mined... Over time these two might increase in circulation, but for now the trend is till spreading considering the age of USD is ~250 altogether plus Bitcoin being ~8.
For now hold the goods and await further increases as it may pay better, especially with more innovation in its economy.
A lot of Bitcoin's value, or bottom line value anyways, comes from the miners and how much they have to spend in order to confirm transactions. The halvings have way more of an effect than the hard cap limit, the limit just ensures it is always stuck to a maximum limit.Bitcoin is still in early growth phases as well as not being fully mined... Over time these two might increase in circulation, but for now the trend is till spreading considering the age of USD is ~250 altogether plus Bitcoin being ~8.
For now hold the goods and await further increases as it may pay better, especially with more innovation in its economy.
I'm curious how the value would differ if there was no hard cap, but the having the halvings still occur with the same block rewards we do now.
Both BTC and the US Standard are held internationally having access to many countries with fair value when exchanged or used.
Bitcoin is still in early growth phases as well as not being fully mined... Over time these two might increase in circulation, but for now the trend is till spreading considering the age of USD is ~250 altogether plus Bitcoin being ~8.
For now hold the goods and await further increases as it may pay better, especially with more innovation in its economy.
Bitcoin is still in early growth phases as well as not being fully mined... Over time these two might increase in circulation, but for now the trend is till spreading considering the age of USD is ~250 altogether plus Bitcoin being ~8.
For now hold the goods and await further increases as it may pay better, especially with more innovation in its economy.
Absolutely not.I thing dollars are better than Bitcoins.No one can say what the future of bitcoin but about dollars it will popular same as present.You will find more people those are new to Bitcoin and would like to learn what's it and not at all even this currency is not accepted in worldwide in other hand of course the U.S. Dollar is the most common and widely accepted.
Dollars have been around for much longer and are baked by the most powerful country in the world so of course that right now dollars are more popular, but you are mistaken by thinking the dollar will always be popular, things change in the past the most popular currency was the British pound until it was replaced by the dollar, so the dollar can be replaced.
Without fiat dollar there would be no bitcoin.Most miners and any merchant that using bitcoin convert to fiat anyway.Also most trading and liquidity to market is against fiat dollar etc.This is true.
of course, because the current bitcoin also relies on fiat currency like dollars, unless bitcoin could stand on its own has a market in the real world and accepted throughout the country, it can stand on its own bitcoinWithout fiat dollar there would be no bitcoin.Most miners and any merchant that using bitcoin convert to fiat anyway.Also most trading and liquidity to market is against fiat dollar etc.This is true.
of course, because the current bitcoin also relies on fiat currency like dollars, unless bitcoin could stand on its own has a market in the real world and accepted throughout the country, it can stand on its own bitcoin
Without fiat dollar there would be no bitcoin.Most miners and any merchant that using bitcoin convert to fiat anyway.Also most trading and liquidity to market is against fiat dollar etc.This is true.
The two of them must find a way to coexist whether they like it or not because with one trying to outshine each other will not do well for both. With dollars abandoning Bitcoin will make it difficult for countries like mine whose currency is not directly trade able to Bitcoin impossible to deal with Bitcoin and this will even push out a lot of citizens of such countries among other outcomes of such decisions...
It is true that bitcoin and the dollar has to exist together in order to make a good progress.Bitcoin’s price is always related to the market demand and the dollar, if the dollar goes down the investments will go down which will have a bad influence on the bitcoin, and if the us becomes worthless for many people who are using bitcoin exchanging it to fiat will become difficult.
I think we should not tolerate this kind of topic about comparison between bitcoin and USD or even other currencies because they are clearly different from one another and they have their own uniqueness and characteristic that you may find special. Those two kinds of currency are connected and they didn't need to be compared.
Mostly people still not aware if bitcoin designed as alternative currency, with have more valuable. Bitcoin can't win against USD popularity, and also other fiat currency too. Because USD has been a main pair from all currency in this planet.
But if we talk about the value, USD exactly lose, even from Euro.
But if we talk about the value, USD exactly lose, even from Euro.
The two of them must find a way to coexist whether they like it or not because with one trying to outshine each other will not do well for both. With dollars abandoning Bitcoin will make it difficult for countries like mine whose currency is not directly trade able to Bitcoin impossible to deal with Bitcoin and this will even push out a lot of citizens of such countries among other outcomes of such decisions...
USD will always exist but we are not sure about bitcoin, it might be very successful now but there's no guarantee it's still the same in the future. While USD might have crisis but it will recover as it's the currency of a certain state and fully supported by the government and its people.
The two of them must find a way to coexist whether they like it or not because with one trying to outshine each other will not do well for both. With dollars abandoning Bitcoin will make it difficult for countries like mine whose currency is not directly trade able to Bitcoin impossible to deal with Bitcoin and this will even push out a lot of citizens of such countries among other outcomes of such decisions...
Absolutely not.I thing dollars are better than Bitcoins.No one can say what the future of bitcoin but about dollars it will popular same as present.You will find more people those are new to Bitcoin and would like to learn what's it and not at all even this currency is not accepted in worldwide in other hand of course the U.S. Dollar is the most common and widely accepted.
Dollars have been around for much longer and are baked by the most powerful country in the world so of course that right now dollars are more popular, but you are mistaken by thinking the dollar will always be popular, things change in the past the most popular currency was the British pound until it was replaced by the dollar, so the dollar can be replaced.
Right now still USD is more popular in many countries because many countries are fully implemented with this USD but where as bitcoin is not completely implemented by many countries. But the price very high even though it will take lot of time to implement bitcoin.
I don't think that bitcoin has comparative with USD. Because of many reasons are here, but valid reason is that bitcoin is crypto and USD is fiat currency, bitcoin has only comparative with other crypto currencies. But if we talk about bitcoin vs USD than dollar always remain in our world, even bitcoin would be reached many progress.
Right now still USD is more popular in many countries because many countries are fully implemented with this USD but where as bitcoin is not completely implemented by many countries. But the price very high even though it will take lot of time to implement bitcoin.
I don't think that bitcoin has comparative with USD. Because of many reasons are here, but valid reason is that bitcoin is crypto and USD is fiat currency, bitcoin has only comparative with other crypto currencies. But if we talk about bitcoin vs USD than dollar always remain in our world, even bitcoin would be reached many progress.
Right now still USD is more popular in many countries because many countries are fully implemented with this USD but where as bitcoin is not completely implemented by many countries. But the price very high even though it will take lot of time to implement bitcoin.
I don't think that bitcoin has comparative with USD. Because of many reasons are here, but valid reason is that bitcoin is crypto and USD is fiat currency, bitcoin has only comparative with other crypto currencies. But if we talk about bitcoin vs USD than dollar always remain in our world, even bitcoin would be reached many progress.
and paper money is only waiting for its time to be digitalized by every government
Right now still USD is more popular in many countries because many countries are fully implemented with this USD but where as bitcoin is not completely implemented by many countries. But the price very high even though it will take lot of time to implement bitcoin.
I don't think that bitcoin has comparative with USD. Because of many reasons are here, but valid reason is that bitcoin is crypto and USD is fiat currency, bitcoin has only comparative with other crypto currencies. But if we talk about bitcoin vs USD than dollar always remain in our world, even bitcoin would be reached many progress.
and paper money is only waiting for its time to be digitalized by every government
Right now still USD is more popular in many countries because many countries are fully implemented with this USD but where as bitcoin is not completely implemented by many countries. But the price very high even though it will take lot of time to implement bitcoin.
I don't think that bitcoin has comparative with USD. Because of many reasons are here, but valid reason is that bitcoin is crypto and USD is fiat currency, bitcoin has only comparative with other crypto currencies. But if we talk about bitcoin vs USD than dollar always remain in our world, even bitcoin would be reached many progress.
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