USD vs BTC

[bryant.coleman]

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.

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[uneng]

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 certainly agree with the fact that using bitcoin, the user will have more confidence in the future. But I think that the dollar is still more stable, because it is supported by not only the states, and all countries of the world.

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.

[SmirnoffVany]

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.

[maister77777]

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.

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.

[pinkpanther03]

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.

[deisik]

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

[Liang_Kubur]

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.

[Fireblade]

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.

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.

yes it is a fact that USD is one of the most popular currency and if it failed it will create a lot of problems but we also have to accept bitcoin is the new emerging currency and the reason is that in modern time people are giving preference to online shopping, therefore we can hope that bitcoin will sooner or later replace USD, when the facilities of bitcoin be available every where and a common person will be become able to use bitcoin even in their local shops. 

[funkenstein]

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".  

[jaysabi]

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.

[malikusama]

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.

[deppil]

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

[emezh10]

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

Agree. The world is known the dollars think. We bitcoin users know the dollar but the doller user didn't know the bitcoin. That is very simple logic so the dollars is the most popular these days. But I think 10years from now maybe the bitcoin is more popular or maybe bitcoin is dead 10 years from know. But for us let's just wait what will happen in future.

[gabmen]

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

Agree. The world is known the dollars think. We bitcoin users know the dollar but the doller user didn't know the bitcoin. That is very simple logic so the dollars is the most popular these days. But I think 10years from now maybe the bitcoin is more popular or maybe bitcoin is dead 10 years from know. But for us let's just wait what will happen in future.

Well you're right. The fact that there's a possibiity of bitcoin being obsolete in the next 10years tells us that its really not at par yet with the dollar and the importance of the dollar far outweighs that of btc or any digital currency. In 10 years we can be sure that the dollar is still strong and is as widely used as now

[zidanw]

is bitcoin more popular than US Dollar ?

no. I ever asked to some people "what do you know bitcoin or cryptocurrency ?" average they answered no. and they were telling us "what it was some kind of a dollar?". usd more popular.

[rajasumi3]

not at all .usd is more popular than bitcoins .it is becoming more and more popular .as the price of bitcoins would increase day by  day it is becoming more and more popular but it would never go higher than usd.

[disconnectme]

The economy of the world depends on Dollar (Petrol Dollar) and I expect this dominance to continue for sometime,  unless US debt profile hit default level, BTC is still new with only few millions users. For investors, Bitcoin is great because it has outperformed US$ greatly more than 5000X return and the fundamentals are still strong.

So for users USD while for investors BTC

[Xester]

The economy of the world depends on Dollar (Petrol Dollar) and I expect this dominance to continue for sometime,  unless US debt profile hit default level, BTC is still new with only few millions users. For investors, Bitcoin is great because it has outperformed US$ greatly more than 5000X return and the fundamentals are still strong.

So for users USD while for investors BTC

" For users USD while for investors BTC"

That is the exact description that I was searching for. In general dollar users are much more in population than the investors in bitcoin and thats why USD is much more popular than bitcoin. Bitcoin is still young and investors had seen big profit coming from bitcoin and even they are small in population  they will greatly benefit from their choices. Bitcoin will still continue to grow but it will never overtake dollars as a currency but as long as the users keep growing bitcoin will finally be accepted worldwide.

[bhadz]

not at all .usd is more popular than bitcoins .it is becoming more and more popular .as the price of bitcoins would increase day by  day it is becoming more and more popular but it would never go higher than usd.

There is no need for this to be in a competition as both are good to be used by us. If you are that type of person who are using things accordingly and using them both as an advantage then you are a grown up man. Bitcoin is depending it's price into dollars and that's how important the US dollars with the economy of bitcoin.

[Taki]

Bitcoin doesn't reach such high popularity as dollar have now. And I doubt it ever will. Everything because of bitcoin is limited by 21 millions and dollar is printed nonstop. Dollar is much spreaded over the world than bitcoin. And how many people heard about bitcoin? Just little group in the all mass of people.