USD vs BTC

[vero]

I would think that the USD is more stable then more valuable than bitcoin so I will go with that for now.
It has backing from the federal reserve so you know that it won't easily drop in prices like bitcoin will.

yes dollar is stronger than bitcoin but how high ever you seen dollar rise in a month against your local currency, can dollar give a great advantage like bitcoin.

[skylighters]

USD still popular over high popular is compare bitcoin
you wrong is compare, maybe compare dollar paypal , dollar perfectmoney dollar okpay is right placed compare
is comare USD not equal, USD real curency in the world , bitcoin digital curency

I have no idea what you are trying to say but for me I think USD is still better currency in compare to bitcoin as it can be used anywhere to buy anything.

it is not a better currency at all, bitcoins are the best because they are not controled by any banks or other financial institutions

But Bitcoin is essentially controlled by major mining pools now. They seem not to exercise their power (at least, openly), but apart from that, they are just like any other financial institution which has control over money (the US dollar or whatever)...

So what's the difference really?

well you are right, thats what i dont like about bitcoins because it becomes a little bit centralized

though it is impossible to avoid it and you cannot do anything about it, its not a tragedy that some people have more power

it is really bad, bitcoin should be really decentralized to be honest, in my opinion it is the main thing why a lot of people actually use it

[BitHodler]

Bitcoin is certainly not more or nearly as popular as the US Dollar. It sure has spreaded all over the world, but more people use the US dollar and almost everyone on the globe knows that it exists, while a lot of people does not use Bitcoin and more people do not know what Bitcoins is or that it even exists. The price might be higher, but it has got less people using it.

Bitcoin will never come even close to the "popularity" and usage of the US Dollar. But that is also not needed.

Bitcoin will just function at its own level where people looking for fast and cheap money transfers and a bit of financial freedom.

This is where Bitcoin shines. But again, on its own level.

[panju1]

Bitcoin is certainly not more or nearly as popular as the US Dollar. It sure has spreaded all over the world, but more people use the US dollar and almost everyone on the globe knows that it exists, while a lot of people does not use Bitcoin and more people do not know what Bitcoins is or that it even exists. The price might be higher, but it has got less people using it.

Bitcoin will never come even close to the "popularity" and usage of the US Dollar. But that is also not needed.
Bitcoin will just function at its own level where people looking for fast and cheap money transfers and a bit of financial freedom.
This is where Bitcoin shines. But again, on its own level.

The dollar has had a good run, for the last century. It replaced the pound after the decline of the British Empire.
It is about time for a new currency to take over as the global reserve currency. Whether it will be Bitcoin, I don't know.

[mirakal]

Bitcoin is certainly not more or nearly as popular as the US Dollar. It sure has spreaded all over the world, but more people use the US dollar and almost everyone on the globe knows that it exists, while a lot of people does not use Bitcoin and more people do not know what Bitcoins is or that it even exists. The price might be higher, but it has got less people using it.

Bitcoin will never come even close to the "popularity" and usage of the US Dollar. But that is also not needed.
Bitcoin will just function at its own level where people looking for fast and cheap money transfers and a bit of financial freedom.
This is where Bitcoin shines. But again, on its own level.

The dollar has had a good run, for the last century. It replaced the pound after the decline of the British Empire.
It is about time for a new currency to take over as the global reserve currency. Whether it will be Bitcoin, I don't know.

I don't see any chances that bitcoin will take over any other currency of a certain country, bitcoin is just an alternative currency which was designed for a special purpose and it can only be useful for online, to be huge we need paper money for bitcoin but I doubt if people will trust it.

[wibuindon]

Everyone still uses the dollar as their main currency.
I think the deployment of bitcoin is slow.

[deisik]

Everyone still uses the dollar as their main currency.
I think the deployment of bitcoin is slow.

Not the deployment of bitcoin is slow but the adoption. Because there are a lot of hindrances that people who hate bitcoin are doing. But still USD is going to conquer if we are going to compare that two. And we all know that the value of bitcoinis also depending on the price of USD so definitely USd is the winner as of these days.

I don't know whom you refer by we, but the dependence of the value of Bitcoin on the price of the US dollar (its value) is very inconsequential at best. The fact that the price of Bitcoin is mostly denominated in dollars has nothing to do with this. It is like saying that the value of apples depends on their price...

While in reality the relation is diametrically opposite (it's price that follows the value)

[randy8777]

Everyone still uses the dollar as their main currency.
I think the deployment of bitcoin is slow.

Not the deployment of bitcoin is slow but the adoption. Because there are a lot of hindrances that people who hate bitcoin are doing. But still USD is going to conquer if we are going to compare that two. And we all know that the value of bitcoin is also depending on the price of USD so definitely USd is the winner as of these days.

if you consider how certian governments are being harsh on bitcoin, and how the media world wide is hitting down on bitcoin, then you can only be happy that we have been growing. it's basically pointless to call its growth or adoption slow. as you also said, there are a lot obstacles for bitcoin to overcome. everything takes time.

[dihari]

Of course no. Almost all the people buy bitcoin with dollar.
What do you think? As long as you withdraw your bitcoin in exchanger with usd, bitcoin is just like another fiat.

[Snorek]

Of course no. Almost all the people buy bitcoin with dollar.
What do you think? As long as you withdraw your bitcoin in exchanger with usd, bitcoin is just like another fiat.

So many misconceptions in one short sentence. Actually the most used currency to trade bitcoin according to exchanges volume is Chinese Yuan Renminbi no USD.
I am not talking here if Chinese exchanges are manipulating their volume but official data shows that over 90% exchange currency distribution belong to Yuan.

And bitcoin is not like FIAT. It is currency but it stays in the opposition to the FIAT.

[Ayers]

Of course no. Almost all the people buy bitcoin with dollar.
What do you think? As long as you withdraw your bitcoin in exchanger with usd, bitcoin is just like another fiat.

yes in fact it's better to use bitcoin like you use fiat, so you treat it like a real currency and not a surrogate, also not all of them buy with dollar, there is eruro and cny that are used to buy bitcoin on a exchange

[JumperX]

Of course no. Almost all the people buy bitcoin with dollar.
What do you think? As long as you withdraw your bitcoin in exchanger with usd, bitcoin is just like another fiat.

yes in fact it's better to use bitcoin like you use fiat, so you treat it like a real currency and not a surrogate, also not all of them buy with dollar, there is eruro and cny that are used to buy bitcoin on a exchange

The fact is we need to convert our btc to fiat to spend it as bitcoin is accepted only at limited places at a moment and converting btc to local currency is not a big deal now.

[shane]

Of course no. Almost all the people buy bitcoin with dollar.
What do you think? As long as you withdraw your bitcoin in exchanger with usd, bitcoin is just like another fiat.

yes in fact it's better to use bitcoin like you use fiat, so you treat it like a real currency and not a surrogate, also not all of them buy with dollar, there is eruro and cny that are used to buy bitcoin on a exchange

The fact is we need to convert our btc to fiat to spend it as bitcoin is accepted only at limited places at a moment and converting btc to local currency is not a big deal now.

for now yes we still need to convert it to a fiat, because bitcoin has not been widely accepted as payment. but it is not impossible in the future when bitcoin can be used for payment all over the world, we do not need convert to fiat.

[Corenin]

Of course no. Almost all the people buy bitcoin with dollar.
What do you think? As long as you withdraw your bitcoin in exchanger with usd, bitcoin is just like another fiat.

yes in fact it's better to use bitcoin like you use fiat, so you treat it like a real currency and not a surrogate, also not all of them buy with dollar, there is eruro and cny that are used to buy bitcoin on a exchange

The fact is we need to convert our btc to fiat to spend it as bitcoin is accepted only at limited places at a moment and converting btc to local currency is not a big deal now.

for now yes we still need to convert it to a fiat, because bitcoin has not been widely accepted as payment. but it is not impossible in the future when bitcoin can be used for payment all over the world, we do not need convert to fiat.

Yeah things will change in future for sure when we would be able to spend it directly for buying anything and at that time we don't need fiat to take care of our purchases.

[moonya]

Of course no. Almost all the people buy bitcoin with dollar.
What do you think? As long as you withdraw your bitcoin in exchanger with usd, bitcoin is just like another fiat.

yes in fact it's better to use bitcoin like you use fiat, so you treat it like a real currency and not a surrogate, also not all of them buy with dollar, there is eruro and cny that are used to buy bitcoin on a exchange

The fact is we need to convert our btc to fiat to spend it as bitcoin is accepted only at limited places at a moment and converting btc to local currency is not a big deal now.

for now yes we still need to convert it to a fiat, because bitcoin has not been widely accepted as payment. but it is not impossible in the future when bitcoin can be used for payment all over the world, we do not need convert to fiat.

Yeah things will change in future for sure when we would be able to spend it directly for buying anything and at that time we don't need fiat to take care of our purchases.

Therefore, lest there should be surprises to keep their savings in different currencies. As for me, the real currency that the dollar is more stable than the bitcoin.

[pearnapple]

Bitcoin is certainly not more or nearly as popular as the US Dollar. It sure has spreaded all over the world, but more people use the US dollar and almost everyone on the globe knows that it exists, while a lot of people does not use Bitcoin and more people do not know what Bitcoins is or that it even exists. The price might be higher, but it has got less people using it.

Bitcoin will never come even close to the "popularity" and usage of the US Dollar. But that is also not needed.
Bitcoin will just function at its own level where people looking for fast and cheap money transfers and a bit of financial freedom.
This is where Bitcoin shines. But again, on its own level.

The dollar has had a good run, for the last century. It replaced the pound after the decline of the British Empire.
It is about time for a new currency to take over as the global reserve currency. Whether it will be Bitcoin, I don't know.

you are right, though bitcoins are still way better than usd in my opinion as it is decentralized and it can make you some decent money easily

[Danielzo]

Judging by the fact that one BTC is worth $572 USD at the time of writing, the digital currency has surely proven its worth.

[funkenstein]

Judging by the fact that one BTC is worth $572 USD at the time of writing, the digital currency has surely proven its worth.

I agree with you that bitcoin has proving its worth as the time goes by. But still if we are going to think about it. USD will always be there and no currency is going to be able to defeat. It is not really a good thing to compare them both, but they are both useful if we are going to about it because they are both good currency.

Dollar will always be where?  Not in my house.  In no way do I consider something which can be issued by criminals in arbitrary amounts any time without us knowing about it to be "good currency". 

[pAIjOEkOE]

USD is way more popular than Bitcoin. Only a very small percentage of the world uses Bitcoin. And only a small percentage even know about Bitcoin.

[x4]

is bitcoin more popular than US Dollar ?

This is a very rude question. And the answer is very obvious too there's no bitcoin yet but there is USD already. So USD is much popular there are many people used USD from very start and even if you are a bitcoin user you also use a USD. Its that too obvious?