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Author Topic: UPDATE  (Read 41038 times)
MaritiJames3
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March 22, 2016, 08:50:38 PM
 #621

The bitcoin could win at the end of the journey but right now the dollar is just too big to do this.
It would take many years to achieve this mission.
mixan
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March 22, 2016, 08:55:53 PM
 #622

I like the idea of going all out bitcoin for all transactions, it is not here yet.
In reality I don't believe it will ever happen to completely replace fiat currency as it backed by government.
And the countries that they govern will not accept or support bitcoin 100%.

The parasite hates three things: free markets, free will, and free men.
Bazelak
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March 31, 2016, 09:29:56 AM
 #623

The bitcoin could win at the end of the journey but right now the dollar is just too big to do this.
It would take many years to achieve this mission.

The bitcoin or other crypto currencies might win in a few decades. But the fiat will still be there for long time.

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jkrules
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March 31, 2016, 09:46:46 AM
 #624

The bitcoin could win at the end of the journey but right now the dollar is just too big to do this.
It would take many years to achieve this mission.

The bitcoin or other crypto currencies might win in a few decades. But the fiat will still be there for long time.

We can’t compare bitcoin with dollar, dollar is more stable than bitcoin. Bitcoin is highly volatile, but such a value is the reason for highly preferable, but bitcoin is not much of a currency , it is being used like an investment.
Zuminest
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March 31, 2016, 10:22:48 AM
 #625

one of the biggest problem with dollar is inflation.. over time all currencies lose purchasing power because government keep printing more money.. with bitcoin you don't have this problem because the system is designed to make bitcoins to be finite.. only about 21 million bitcoins will ever be released.. the release of new  bitcoins is slowly down and it will stop completely within few decades..
BitHodler
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March 31, 2016, 10:29:44 AM
 #626

one of the biggest problem with dollar is inflation.. over time all currencies lose purchasing power because government keep printing more money.. with bitcoin you don't have this problem because the system is designed to make bitcoins to be finite.. only about 21 million bitcoins will ever be released.. the release of new  bitcoins is slowly down and it will stop completely within few decades..

No matter how much value fiat currencies are losing after years, people will continue to use it without thinking about the consequences.

These people are like sheeps. They do what their other fellow human being is doing.

BSV is not the real Bcash. Bcash is the real Bcash.
blackmachinegun
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March 31, 2016, 10:49:10 AM
 #627

Both are very good to use. But not everyone knows how Bitcoin works and that is the problem. I hope there will be more people that is going to use Bitcoin.
But they must know that it is good to use it and also very safe. It will be nice in the future. Because the world is getting more digital.
yeah of course most people don't know bitcoin. I'm sure if many people know about the workings of bitcoin. like us
surely they would consider using bitcoin transactions regularly
bitcoin vs dolar for most people prefer dollars
tewd22
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March 31, 2016, 10:53:54 AM
 #628

one of the biggest problem with dollar is inflation.. over time all currencies lose purchasing power because government keep printing more money.. with bitcoin you don't have this problem because the system is designed to make bitcoins to be finite.. only about 21 million bitcoins will ever be released.. the release of new  bitcoins is slowly down and it will stop completely within few decades..

No matter how much value fiat currencies are losing after years, people will continue to use it without thinking about the consequences.

These people are like sheeps. They do what their other fellow human being is doing.

bitcoin is not money, while the dollar is money.
Both have a different role and if I may say both have their world, respectively.
rollin-sat
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March 31, 2016, 11:14:48 AM
 #629

Both are very good to use. But not everyone knows how Bitcoin works and that is the problem. I hope there will be more people that is going to use Bitcoin.
But they must know that it is good to use it and also very safe. It will be nice in the future. Because the world is getting more digital.
yeah of course most people don't know bitcoin. I'm sure if many people know about the workings of bitcoin. like us
surely they would consider using bitcoin transactions regularly
bitcoin vs dolar for most people prefer dollars

absolutely agree but people like dollars because are more easy to spend in the real life (and you don't need any connection to make a tx)
peta4e
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March 31, 2016, 11:24:34 AM
 #630

Both are very good to use. But not everyone knows how Bitcoin works and that is the problem. I hope there will be more people that is going to use Bitcoin.
But they must know that it is good to use it and also very safe. It will be nice in the future. Because the world is getting more digital.
yeah of course most people don't know bitcoin. I'm sure if many people know about the workings of bitcoin. like us
surely they would consider using bitcoin transactions regularly
bitcoin vs dolar for most people prefer dollars

absolutely agree but people like dollars because are more easy to spend in the real life (and you don't need any connection to make a tx)

That's true and people find it easy to spend dollars for buying anything as it is easily available and accepted everywhere but when it comes to bitcoin no none is aware about it yet.
randy8777
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March 31, 2016, 11:26:36 AM
 #631

one of the biggest problem with dollar is inflation.. over time all currencies lose purchasing power because government keep printing more money.. with bitcoin you don't have this problem because the system is designed to make bitcoins to be finite.. only about 21 million bitcoins will ever be released.. the release of new  bitcoins is slowly down and it will stop completely within few decades..

No matter how much value fiat currencies are losing after years, people will continue to use it without thinking about the consequences.

These people are like sheeps. They do what their other fellow human being is doing.

bitcoin is not money, while the dollar is money.
Both have a different role and if I may say both have their world, respectively.

how is bitcoin not money. bitcoin can fuction as multi tool for plenty of things. it's a currency, it's a store of wealth, you can use it as an investment tool, you can store data on its block chain etc. i mostly use my smartphone in combination with my banking app to pay for my daily needs in store. i barely use physical money anymore. tell me how is that different from you using bitcoin as currency to pay for things in combination with for example your smartphone.
draceus
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March 31, 2016, 11:37:33 AM
 #632

Both are very good to use. But not everyone knows how Bitcoin works and that is the problem. I hope there will be more people that is going to use Bitcoin.
But they must know that it is good to use it and also very safe. It will be nice in the future. Because the world is getting more digital.
yeah of course most people don't know bitcoin. I'm sure if many people know about the workings of bitcoin. like us
surely they would consider using bitcoin transactions regularly
bitcoin vs dolar for most people prefer dollars

absolutely agree but people like dollars because are more easy to spend in the real life (and you don't need any connection to make a tx)

That's true and people find it easy to spend dollars for buying anything as it is easily available and accepted everywhere but when it comes to bitcoin no none is aware about it yet.

yeah your suggestion is also right but my opinion bitcoin is also easy way to spend buying and selling anything but about bitcoin must people don't what is bitcoin and how are using if every one know about it then I am sure every one will use it .

BTCLovingDude
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March 31, 2016, 11:43:48 AM
 #633

one of the biggest problem with dollar is inflation.. over time all currencies lose purchasing power because government keep printing more money.. with bitcoin you don't have this problem because the system is designed to make bitcoins to be finite.. only about 21 million bitcoins will ever be released.. the release of new  bitcoins is slowly down and it will stop completely within few decades..

No matter how much value fiat currencies are losing after years, people will continue to use it without thinking about the consequences.

These people are like sheeps. They do what their other fellow human being is doing.

bitcoin is not money, while the dollar is money.
Both have a different role and if I may say both have their world, respectively.

bitcoin might be used more as an investment like gold but also at the same time bitcoin can and is being used as a currency (money) too.

maybe your definition of money is off, but as long as you can pay for stuff with bitcoin, it can be considered as money.

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stromma44
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March 31, 2016, 12:00:47 PM
 #634

one of the biggest problem with dollar is inflation.. over time all currencies lose purchasing power because government keep printing more money.. with bitcoin you don't have this problem because the system is designed to make bitcoins to be finite.. only about 21 million bitcoins will ever be released.. the release of new  bitcoins is slowly down and it will stop completely within few decades..

No matter how much value fiat currencies are losing after years, people will continue to use it without thinking about the consequences.

These people are like sheeps. They do what their other fellow human being is doing.

bitcoin is not money, while the dollar is money.
Both have a different role and if I may say both have their world, respectively.

bitcoin might be used more as an investment like gold but also at the same time bitcoin can and is being used as a currency (money) too.

maybe your definition of money is off, but as long as you can pay for stuff with bitcoin, it can be considered as money.

It is a currency and no doubt we cannot spend it directly, we need to convert it to fiat first and then spend to buy what we want, but dollar is more powerful then bitcoin.
benmartin613
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March 31, 2016, 12:22:02 PM
 #635

one of the biggest problem with dollar is inflation.. over time all currencies lose purchasing power because government keep printing more money.. with bitcoin you don't have this problem because the system is designed to make bitcoins to be finite.. only about 21 million bitcoins will ever be released.. the release of new  bitcoins is slowly down and it will stop completely within few decades..

No matter how much value fiat currencies are losing after years, people will continue to use it without thinking about the consequences.

These people are like sheeps. They do what their other fellow human being is doing.

bitcoin is not money, while the dollar is money.
Both have a different role and if I may say both have their world, respectively.

bitcoin might be used more as an investment like gold but also at the same time bitcoin can and is being used as a currency (money) too.

maybe your definition of money is off, but as long as you can pay for stuff with bitcoin, it can be considered as money.

It is a currency and no doubt we cannot spend it directly, we need to convert it to fiat first and then spend to buy what we want, but dollar is more powerful then bitcoin.


Yup dollar is more powerful that bitcoin because dollar can buy anything and everything but bitcoin can only do transaction via internet and can penetrate the offline market.
nejibens
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March 31, 2016, 12:25:07 PM
 #636

We use both already but we can't trade Dollar however Bitcoin could beinf traded as the price isn't stable right now
Nordicbeast
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March 31, 2016, 02:47:42 PM
 #637

Bitcoin is superior in most elements put up against the dollar.
Though I don't ever see bitcoin replacing fiat. They will co-exist.
pateda
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March 31, 2016, 03:10:11 PM
 #638

Bitcoin is superior in most elements put up against the dollar.
Though I don't ever see bitcoin replacing fiat. They will co-exist.

Bitcoin has good potential. But US Dollars more currency used.
Akupuniard
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March 31, 2016, 05:36:38 PM
 #639

Bitcoin is superior in most elements put up against the dollar.
Though I don't ever see bitcoin replacing fiat. They will co-exist.

What superiors you talking about? I think bitcoin is same as dollar if we don't talking about bitcoins opportunities like free transactions or smth like this.

fkvidar
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March 31, 2016, 05:40:40 PM
 #640

Bitcoin is good as an earning but spending physically I would choose dollar as I can use it anywhere I want and even if I travel to different country dollar is accepted everywhere.
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