Mbah Tyo
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February 26, 2017, 12:01:03 PM |
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is bitcoin more popular than US Dollar ?
My place biloa bitcoin is still less well known than the dollar, because of the place I was little, so understand it, unlike the case with in the big cities there are many who know bitcoin
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PaymyBills
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February 26, 2017, 01:06:01 PM |
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You have to understand that the American dollar is practically held the whole world economy. If he does not hold, then drop it. So I think that it will be at a height either alone or artificially.
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Dr.Osh
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February 26, 2017, 01:19:10 PM |
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I think dollar is more popular, because it was used in many country and its tangible, some people prefer something that they can hold, example fiat or gold and usd has been known for generation and been used by all people in the world without being banned, while bitcoin is just pop out not more than 10 years, so i think bitcoin still need time to develop and become as famous as dollar.
But btc is future
usd probably have a lot of interest, because the usd including properties that people use every day and at any time anywhere, as long as it still received a fiat in the form of usd. bitcoin is currently only used in the Internet, but, you're right. bitcoin has a greater potential for encompassing the international world. and on the internet bitcoin is the future. so although currently usd better, but in the future, bitcoin might be better than other currencies.
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vrm86
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February 26, 2017, 02:03:19 PM |
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I think dollar is more popular, because it was used in many country and its tangible, some people prefer something that they can hold, example fiat or gold and usd has been known for generation and been used by all people in the world without being banned, while bitcoin is just pop out not more than 10 years, so i think bitcoin still need time to develop and become as famous as dollar.
But btc is future
usd probably have a lot of interest, because the usd including properties that people use every day and at any time anywhere, as long as it still received a fiat in the form of usd. bitcoin is currently only used in the Internet, but, you're right. bitcoin has a greater potential for encompassing the international world. and on the internet bitcoin is the future. so although currently usd better, but in the future, bitcoin might be better than other currencies. Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ?
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shulio
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February 26, 2017, 02:36:18 PM |
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Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ? The world economy is not build on anything for real. Everything could be change and sooner or later those kind of things going to be changed . The country might reject bitcoin for now however there is a chance that it will be being widely used in most part of the world so no more reason to not accept that
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chachaa
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February 26, 2017, 03:20:53 PM |
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Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ? The world economy is not build on anything for real. Everything could be change and sooner or later those kind of things going to be changed . The country might reject bitcoin for now however there is a chance that it will be being widely used in most part of the world so no more reason to not accept that blockchain technology becomes popular and it is like the government. However, with this technology develops and the popularity of Bitcoin - and that the government does not like totally. Therefore, no one can predict whether Bitcoin will be popular
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deisik
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February 27, 2017, 06:48:59 AM |
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I think dollar is more popular, because it was used in many country and its tangible, some people prefer something that they can hold, example fiat or gold and usd has been known for generation and been used by all people in the world without being banned, while bitcoin is just pop out not more than 10 years, so i think bitcoin still need time to develop and become as famous as dollar.
But btc is future
usd probably have a lot of interest, because the usd including properties that people use every day and at any time anywhere, as long as it still received a fiat in the form of usd. bitcoin is currently only used in the Internet, but, you're right. bitcoin has a greater potential for encompassing the international world. and on the internet bitcoin is the future. so although currently usd better, but in the future, bitcoin might be better than other currencies. Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ? This is a very skewed point of view (mildly speaking) No sustainable economy can be built on or around just money. A few countries can live (and live pretty well at that) having their economies based entirely on money alone (for being payment hubs, tax havens and similar things), but they are basically parasitizing on the other productive nations. Any large country like the US or China has to rely on domestic real economy, and money is purely utilitarian for these nations. That's why Trump is so hell-bent on "making America great again", i.e. he means restoring the industrial sector of the US to its former fame (since the US is too big to exist only as a money issuance center for the rest of the world). In this manner, Internet as a means of instant communications is likely of the same degree of importance as money itself
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PaymyBills
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February 27, 2017, 08:20:32 PM |
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Both have your place in economy, but the future is bitcoin.
Just the way to new tecnology, and this is revolution. New economy is borning
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agamasrori
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February 27, 2017, 08:53:58 PM |
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is bitcoin more popular than US Dollar ?
My place biloa bitcoin is still less well known than the dollar, because of the place I was little, so understand it, unlike the case with in the big cities there are many who know bitcoin without promotion or advertising of bitcoin wich done on a large scale. bitcoin takes a long time to beat the popularity usd. there should be a party or business people that promote it.
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Alexzap
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February 28, 2017, 12:28:41 AM |
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Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ? The world economy is not build on anything for real. Everything could be change and sooner or later those kind of things going to be changed . The country might reject bitcoin for now however there is a chance that it will be being widely used in most part of the world so no more reason to not accept that blockchain technology becomes popular and it is like the government. However, with this technology develops and the popularity of Bitcoin - and that the government does not like totally. Therefore, no one can predict whether Bitcoin will be popular I think that talking about the popularity bitcon yet. If you don't believe me go outside and ask who has bitcoins. Sure you will have a very long run to find such a person. This is evidence of the popularity of.
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dearbesz1219
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February 28, 2017, 02:26:26 AM |
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is bitcoin more popular than US Dollar ?
There are lot of different opinions and speculation that we are going to find out what their side of comment between USD vs BTC. Actually, bitcoin has no tax, and no government, and can be trade by the person while USD it is controlled by the government and it can't be trade in the exchange by the ordinary citizens.
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The_Dark_Knight
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February 28, 2017, 03:03:48 AM |
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is bitcoin more popular than US Dollar ?
When you talk about the popularity, bitcoin can not be compared to the US dollar. Because bitcoin including the new currency ( since 2009 ) while the US dollar currency that has been around a long time. There are other factor like bitcoin works crypto which only people who Able to access the Internet that can use bitcoin. While the US dollar is a fiat currency, everyone can use it easily. Bitcoin is very far away form the dollar in terms of popularity in almost any metric we may decide to use, but there is no doubt the popularity of bitcoin is raising rapidly especially for those that are financially educated and see in bitcoin an opportunity to make money in the short and the long term.
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Fatanut
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February 28, 2017, 10:17:46 AM |
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Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ? The world economy is not build on anything for real. Everything could be change and sooner or later those kind of things going to be changed . The country might reject bitcoin for now however there is a chance that it will be being widely used in most part of the world so no more reason to not accept that blockchain technology becomes popular and it is like the government. However, with this technology develops and the popularity of Bitcoin - and that the government does not like totally. Therefore, no one can predict whether Bitcoin will be popular I think that talking about the popularity bitcon yet. If you don't believe me go outside and ask who has bitcoins. Sure you will have a very long run to find such a person. This is evidence of the popularity of. Sort of disagree. If you visit facebook and look at what a typical teenager's posts, there will be some articles about deep web because they think it's cool to read stuffs about it. Bitcoin has always been linked to deep web and to the black market because bitcoin is what they use (or at least what the articles say). Bitcoin advertisements are also around the internet. If you're an average joe looking for some more ways to earn money, you probably have searched "How to earn money online" or something alone those lines. One of the first results will give you some idea about bitcoin and other cryptocurrency, together with PTC, freelancer, etc. Techy companies usually talk about bitcoins, as well, at some point on their event. It might be out of topic but a bitcoin user always talk about bitcoins without him knowing that his point is leading to that.
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TastyChillySauce00
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February 28, 2017, 11:24:45 AM |
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is bitcoin more popular than US Dollar ?
There are lot of different opinions and speculation that we are going to find out what their side of comment between USD vs BTC. Actually, bitcoin has no tax, and no government, and can be trade by the person while USD it is controlled by the government and it can't be trade in the exchange by the ordinary citizens. You're probably never exchanged your money through a bank or some kind, did you?. Even kids nowaday are able to make a trade through forex which doesn't require ID to get through the verification process.
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ipanks
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February 28, 2017, 11:43:33 AM |
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Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ? The world economy is not build on anything for real. Everything could be change and sooner or later those kind of things going to be changed . The country might reject bitcoin for now however there is a chance that it will be being widely used in most part of the world so no more reason to not accept that blockchain technology becomes popular and it is like the government. However, with this technology develops and the popularity of Bitcoin - and that the government does not like totally. Therefore, no one can predict whether Bitcoin will be popular I think that talking about the popularity bitcon yet. If you don't believe me go outside and ask who has bitcoins. Sure you will have a very long run to find such a person. This is evidence of the popularity of. i am having this experience too in my country since only few people that know what is bitcoin and i need to explain very hard to them. but i am glad that i have many friends from other places in my country know about bitcoin so i can sharing to them about bitcoin. people in my country only know USD and not about bitcoin, i think they don't really care about bitcoin but i am sure that soon or later, my people will heard about bitcoin and they will use bitcoin too.
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Reid
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February 28, 2017, 12:02:15 PM |
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is bitcoin more popular than US Dollar ?
There are lot of different opinions and speculation that we are going to find out what their side of comment between USD vs BTC. Actually, bitcoin has no tax, and no government, and can be trade by the person while USD it is controlled by the government and it can't be trade in the exchange by the ordinary citizens. You're probably never exchanged your money through a bank or some kind, did you?. Even kids nowaday are able to make a trade through forex which doesn't require ID to get through the verification process. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Patience my friend. USD is a very known currency throughout the world. It is used with every mutual fund or other investment companies. And do you know that there are a lot of people that are trying to buy USD and just store it until it grows. This people are from different country, their only reason is because they trust USD will also get stronger and valuable.
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1Referee
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February 28, 2017, 12:41:53 PM |
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USD is a very known currency throughout the world. It is used with every mutual fund or other investment companies.
It's no secret that the USD is somewhat of a "backbone" currency in the world economy, but you have to explain me what you meant with; And do you know that there are a lot of people that are trying to buy USD and just store it until it grows.
Are you referring to people buying the USD to hedge their own weaker currency, or literally as you say "until it grows"? In case of the latter, I don't see how the USD, or basically any other fiat currency grows in value (aside from getting stronger or weaker compared to other currencies).
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traderMax
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February 28, 2017, 12:43:35 PM |
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If I compare the dollar with the bitcoin my preference would be the bitcoin in the of course. Profit and loss analysis is required when selecting investment instruments. The risk situation needs to be assessed.
For me, bitcoin is a good investment tool both in short term and long term.
Why would you prefer with bitcoin? The main deal is bitcoin is depending it's price with dollar. But for me, they are both good and the best thing to do is always depend to both of them because they are one of the majority trading first choice of most of the trader. I do also agree that in the long term goal always go with bitcoin. Very simple. My goal is to earn dollars. Bitcoin's value is constantly increasing. The price of the dollar is almost fixed. I choose bitcoin to make the win more valuable.
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PaymyBills
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February 28, 2017, 01:06:20 PM |
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IN long terms, probably btc will spread your word in entery world, is easy to transaction, is fast, is free tax, and low fee.
This is a nightmare to any State
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gabmen
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February 28, 2017, 01:18:23 PM |
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IN long terms, probably btc will spread your word in entery world, is easy to transaction, is fast, is free tax, and low fee.
This is a nightmare to any State
Well we can't really deny that these features make bitcoin favorable for a lot of people especially for those who mostly do their jobs online. But i think, the dollar is still a necessity while btc is a choice for people to decide on whether to use or not depending on a situation. Btc i think defeats the dollar in features but i don't think it wouldn't be close in defeating it in use. That is for today's generation. I'm not sure how far ahead digitally will the future generations be.
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