USD vs BTC

[hawkins]

can not deny that today the dollar is still a means of exchange is very important for the wider community. When compared bitcoin with the dollar, then the dollar is still a means of exchange that is good, because everyone has to know and accept the dollar as legal tender, but bitcoin has not reached without it, because I'm sure not everyone knows bitcoin, and not all people accept bitcoin as a medium of exchange

[danherbias07]

there's still alot of people who didn't know what bitcoin is. so i would say that usd is more popular than btc but for us which is bitcoins user BTC is more popular for me than USD if that's what you asking. maybe next 5 years bitcoin will be use in the whole world as a digital currency. more investors in btc the more bitcoin will grow. look up on google about the graph of bitcoin and you can see it's not stable but it grows rapidly

With the exchange from bitcoin to dollar that could also help with its popularity right? We know dollar is the main currency that have been used for exchanges in the world and we really got used to it. So, that might also be one key for bitcoin, for now.

[1Referee]

i would say that usd is more popular than btc but for us which is bitcoins user BTC is more popular for me than USD if that's what you asking.

If you purely look at the adoption and usage of the US dollar, then Bitcoin is nothing more than a tiny dot in the entire picture. Sure, Bitcoin will definitely grow in the coming years, attract much more people, money, etc. But even with that in mind, Bitcoin will never even reach 1% of what the US dollar is standing for when it comes to market cap and usage/adoption. Bitcoin is nothing more than an alternative. This won't change.

maybe next 5 years bitcoin will be use in the whole world as a digital currency.

Bitcoin is already being used in the whole world as digital currency. But I think you refer to Bitcoin being the main digital currency of the world after 5 years? If so, then definitely not. Especially when you consider that fiat payment platforms everywhere in the world are getting better and more advanced. With that I mean that people get to enjoy zero cost transactions, instant payments, insurance on their purchases, etc.

more investors in btc the more bitcoin will grow.

More investors are being attracted by the investment side of Bitcoin, and not directly for the currency aspect. But yes, the more investors will dump their money into Bitcoin, the better it will be for the price in the long run. It all depends on the volatility. If the volatility continues to stay for plenty of years, which I am fairly sure is the case, then these investors will also stay. But if they at some point leave, the market will definitely feel it.

[jondeen707]

If you purely look at the adoption and usage of the US dollar, then Bitcoin is nothing more than a tiny dot in the entire picture. Sure, Bitcoin will definitely grow in the coming years, attract much more people, money, etc. But even with that in mind, Bitcoin will never even reach 1% of what the US dollar is standing for when it comes to market cap and usage/adoption. Bitcoin is nothing more than an alternative. This won't change.

[/quote]

That's true. A digital decentralized alternative is what it is. It would never replace usd, that's wishful thinking. Yet, bitcoin's market potential is still virtually untapped

[X-ray]

there's still alot of people who didn't know what bitcoin is. so i would say that usd is more popular than btc but for us which is bitcoins user BTC is more popular for me than USD if that's what you asking. maybe next 5 years bitcoin will be use in the whole world as a digital currency. more investors in btc the more bitcoin will grow. look up on google about the graph of bitcoin and you can see it's not stable but it grows rapidly

With the exchange from bitcoin to dollar that could also help with its popularity right? We know dollar is the main currency that have been used for exchanges in the world and we really got used to it. So, that might also be one key for bitcoin, for now.

USD is not the main currency in the exchangers around the world,every exchangers in different countries have their own local fiat as the main currency but only based on the value of bitcoin to USD,definitely not all exchangers use USD

[choppork]

there's still alot of people who didn't know what bitcoin is. so i would say that usd is more popular than btc but for us which is bitcoins user BTC is more popular for me than USD if that's what you asking. maybe next 5 years bitcoin will be use in the whole world as a digital currency. more investors in btc the more bitcoin will grow. look up on google about the graph of bitcoin and you can see it's not stable but it grows rapidly

Bitcoin is already a digital currency that's used by the whole world. But maybe you meant "being used by the majority in the whole world...". I wouldn't say 5 years if that's the case. I wouldn't even say a specific number of years or even a range for mass adoption because we're still far from there. There are still places in the world where there's no internet connection and people who are closed minded when it comes to introducing a new currency.

there's still alot of people who didn't know what bitcoin is. so i would say that usd is more popular than btc but for us which is bitcoins user BTC is more popular for me than USD if that's what you asking. maybe next 5 years bitcoin will be use in the whole world as a digital currency. more investors in btc the more bitcoin will grow. look up on google about the graph of bitcoin and you can see it's not stable but it grows rapidly

With the exchange from bitcoin to dollar that could also help with its popularity right? We know dollar is the main currency that have been used for exchanges in the world and we really got used to it. So, that might also be one key for bitcoin, for now.

I really think the reason why is dollar so popular is because it's the currency of US and not because it's being used in money exchanger all around the world.

[Xester]

No, it is not. USD is more popular than bitcoin. It's been more than 100 years since the Dollar rule the world. Currently, on this planet, there are still many countries using USD which is subsidized by the America during their hardest time such as Cambodia, Haiti, etc. Bitcoin is a new currency and it needs more time to develop and attract people attention. And surprisingly, with only 8 years, Bitcoin has been well-known and has been accepted on many marketplaces including Steam, one of the largest online gaming platform. Therefore, in my opinion, 20 years later, bitcoin will be an important part of this world which is mostly used by people on earth and even aliens ( if they were exist)

Yes, I agree, US dollars was more popular than bitcoins. Maybe Bitcoins was already known by lots of people but still US dollar is more popular, It is the currency most used in international transactions and is the world's primary reserve currency. maybe years later, bitcoins will reach the popularity of USD but for now still USD is the international money that many people honor.

[arseaboy]

No, it is not. USD is more popular than bitcoin. It's been more than 100 years since the Dollar rule the world. Currently, on this planet, there are still many countries using USD which is subsidized by the America during their hardest time such as Cambodia, Haiti, etc. Bitcoin is a new currency and it needs more time to develop and attract people attention. And surprisingly, with only 8 years, Bitcoin has been well-known and has been accepted on many marketplaces including Steam, one of the largest online gaming platform. Therefore, in my opinion, 20 years later, bitcoin will be an important part of this world which is mostly used by people on earth and even aliens ( if they were exist)

Yes, I agree, US dollars was more popular than bitcoins. Maybe Bitcoins was already known by lots of people but still US dollar is more popular, It is the currency most used in international transactions and is the world's primary reserve currency. maybe years later, bitcoins will reach the popularity of USD but for now still USD is the international money that many people honor.

I agree with you mate. USD is really popular that even other rich countries uses USD as their standards when it comes to their currency value. Bitcoins will still remain and more people will join bitcoin community but it will not be that much famous compared to USD.

[Mario274]

I think Bitcoin and the dollar should be the most important basics on which to build the whole world economy. These two systems should work together

[BitHodler]

I think Bitcoin and the dollar should be the most important basics on which to build the whole world economy. These two systems should work together

Nah. I prefer Bitcoin to remain an alternative currency for people looking to work outside the banking system where they can also avoid the government.

If Bitcoin becomes part of the financial system, then it will be subject to all kinds of ridiculous laws, changes, governmental implementations, and the list goes on.

In that respect, you'd surely wish it would never come that far. That's why we must appreciate Bitcoin for what it is, and what it can do for us.

[X-ray]

I think Bitcoin and the dollar should be the most important basics on which to build the whole world economy. These two systems should work together

unfortunately dollar are only widely used in its country and to people who know about international transaction, not an ordinary person who lives on their own country and use their own local fiat,it will be better if bitcoin work together with any fiat around the world rather than with only dollar

[goldcoinminer]

I think Bitcoin and the dollar should be the most important basics on which to build the whole world economy. These two systems should work together

unfortunately dollar are only widely used in its country and to people who know about international transaction, not an ordinary person who lives on their own country and use their own local fiat,it will be better if bitcoin work together with any fiat around the world rather than with only dollar

Of course that would be good, the more the better, we have a lot of options to do while bitcoin is our investment and fiat is use in spending our money when bitcoin is not available for a certain transaction. Since bitcoin is limited, we cannot rely fully on our daily needs to it.

[Mr.grin]

I think Bitcoin and the dollar should be the most important basics on which to build the whole world economy. These two systems should work together

unfortunately dollar are only widely used in its country and to people who know about international transaction, not an ordinary person who lives on their own country and use their own local fiat,it will be better if bitcoin work together with any fiat around the world rather than with only dollar

Of course that would be good, the more the better, we have a lot of options to do while bitcoin is our investment and fiat is use in spending our money when bitcoin is not available for a certain transaction. Since bitcoin is limited, we cannot rely fully on our daily needs to it.

BTC and usd is very suitable for hand and not to cover one another. if utilizing both currencies, it could be something very lucrative investment. with bitcoin then investing in the internet can proceed smoothly, while the usd you can do very good business in the real world, and if you combine the two, it is a lot of good things that can happen

[saiha]

I think Bitcoin and the dollar should be the most important basics on which to build the whole world economy. These two systems should work together

unfortunately dollar are only widely used in its country and to people who know about international transaction, not an ordinary person who lives on their own country and use their own local fiat,it will be better if bitcoin work together with any fiat around the world rather than with only dollar

Of course that would be good, the more the better, we have a lot of options to do while bitcoin is our investment and fiat is use in spending our money when bitcoin is not available for a certain transaction. Since bitcoin is limited, we cannot rely fully on our daily needs to it.

BTC and usd is very suitable for hand and not to cover one another. if utilizing both currencies, it could be something very lucrative investment. with bitcoin then investing in the internet can proceed smoothly, while the usd you can do very good business in the real world, and if you combine the two, it is a lot of good things that can happen

It is already happening today that btc and usd are being used for different types of investments. And I guess that will be the best investment in the future.

So just like what you are saying, we are using fiat USD for our daily needs and bitcoin is being used for our investment.

And will be use in the near future.

[groll]

I think Bitcoin and the dollar should be the most important basics on which to build the whole world economy. These two systems should work together

unfortunately dollar are only widely used in its country and to people who know about international transaction, not an ordinary person who lives on their own country and use their own local fiat,it will be better if bitcoin work together with any fiat around the world rather than with only dollar

Of course that would be good, the more the better, we have a lot of options to do while bitcoin is our investment and fiat is use in spending our money when bitcoin is not available for a certain transaction. Since bitcoin is limited, we cannot rely fully on our daily needs to it.

BTC and usd is very suitable for hand and not to cover one another. if utilizing both currencies, it could be something very lucrative investment. with bitcoin then investing in the internet can proceed smoothly, while the usd you can do very good business in the real world, and if you combine the two, it is a lot of good things that can happen

It is already happening today that btc and usd are being used for different types of investments. And I guess that will be the best investment in the future.

So just like what you are saying, we are using fiat USD for our daily needs and bitcoin is being used for our investment.

And will be use in the near future.

The main question on my mind was, is it bitcoins are the alternative of USD? Because on investment site that i have seen, most of the time both USD and bitcoins are accepted. Is there any competetion between USD and bitcoins? And if you were to ask if which do you prefer to use the most? will you go for USD or go for USD? Can bitcoins affect the value of USD?well, lets wait and see..

[The_prodigy]

is bitcoin more popular than US Dollar ?

US Dollar is more popular than bitcoin the professional or pioneers know that even those who really here from the start bitcoin is just depending on us dollar and the price of bitcoin is on usd so how you can say that bitcoin is more popular than us dollar? Every know that the number money from world is dollar.

[jamyr]

I found this post.

https://bitcointalk.org/index.php?topic=1682883.new#new


Factories in China are doing double time, while in the US, the production of goods is not that good.
Even from our humble country, the Gov't began jumping to the Chinese side. Hope our President's speculations and predictions are gonna be reality, if not then God Bless the Philippines.

[marcuslong]

is bitcoin more popular than US Dollar ?

If bitcoin is more popular than us dollar then all of world know about bitcoin because for us yes bitcoin is really popular because we are using it everyday and we dont care if the price is really low or price atleast we are earning everyday and holding them for the future and for the up coming trading.

[Positid]

is bitcoin more popular than US Dollar ?

If bitcoin is more popular than us dollar then all of world know about bitcoin because for us yes bitcoin is really popular because we are using it everyday and we dont care if the price is really low or price atleast we are earning everyday and holding them for the future and for the up coming trading.

That's a dream for now, but who knows it might happen in the future. Let's just continue to support bitcoin and everything is possible. When a currency of once country collapse, they will put their money in bitcoin and that will make bitcoin popular but for now, it's till limited.

[Doamader]

If were that way, bolivar, from Venezuela would already been removed and replaced by bitcoin, be sure bitcoin wont replace any other currencie, bitcoin is an option to others, where you can use to store your local currency as well invest your savings at it, and be able to make  good returns with it.