USD vs BTC

[agamasrori]

is bitcoin more popular than US Dollar ?

No.But it has started to gain popularity slowly.US dollar has been as Global reserve currency for the past 70 years.Petrol is sold only in US Dollars.US dollars can be exchanged universally in any country.But bitcoi has just crossed its initial eight years.There are more people who dont even have bank account and dont know about credit card and digital transactions.But bitcoin is a digital currency.So it would take years for bitcoin to get popularity more than US dollars.

If we talk about popularity, of course usd is more popular than usd. I agree with you that bitcoin would take years to be more popular than usd becose bitcoin is a new consept of payment system. The politic condition of usa is bouncing when mr trumph elected as president, so the investors are worried about invest in there then makes the inflation higher and the price is dropping, so if we talk about investment and usage, I think bitcoin is better than usd.

[thend1949]

If bitcoins is more popular than US dollar then bitcoins must be the mainstream payment by this time if it is more popular than usd.USD is still the main payment processor so i think bitcoins is not more than usd

[d-trixx]

At the moment, only 2% of the world's population knows about bitcoin. And maybe even less. Therefore, it makes no sense to talk about the opposition of the dollar and bitcoin. Bitcoin is popular only in a small community, and the dollar is popular all over the world

[goldcoinminer]

At the moment, only 2% of the world's population knows about bitcoin. And maybe even less. Therefore, it makes no sense to talk about the opposition of the dollar and bitcoin. Bitcoin is popular only in a small community, and the dollar is popular all over the world

There are people who are too positive about bitcoin that it will replace USD but they did not realize that the value
of bitcoin is based on USD. It's good to be realistic despite the success of bitcoin.

[Marcus_2017]

At the moment, only 2% of the world's population knows about bitcoin. And maybe even less. Therefore, it makes no sense to talk about the opposition of the dollar and bitcoin. Bitcoin is popular only in a small community, and the dollar is popular all over the world

It all depends on the state of the U.S. economy. If for any reason the dollar collapses the world will be looking for a new reserve currency. Why this currency may not be bitcoin? The modern world is changing very fast and we don't know what can happen tomorrow.

[Teraboy]

Bitcoin has a market capitalization of 7 billion. I think I can say it's impossible to put both of them on the same plate. I can say that both are quite popular for him.

It's impossible and never being a true thing in the future. Bitcoin still always be pegged on the dollar itself. and you're wrong bitcoin has 19 billion market capitalization right now.

[roadbits]

At the moment, only 2% of the world's population knows about bitcoin. And maybe even less. Therefore, it makes no sense to talk about the opposition of the dollar and bitcoin. Bitcoin is popular only in a small community, and the dollar is popular all over the world

It all depends on the state of the U.S. economy. If for any reason the dollar collapses the world will be looking for a new reserve currency. Why this currency may not be bitcoin? The modern world is changing very fast and we don't know what can happen tomorrow.

You are right we can not predict the future of the world. Anything can occur in this fast growing world. USD may collapse, and BTC may become legal currency. But this is over expectation. As mate told on top is right still less than 2% people know about this Bitcoin all over the world. But it is fast growing digital currency in the world. Let's see in future BTC will replace the USD or not.

[bouren]

Clear answer is no.
Thanks to Bretton Woods System, USD is clearly a dominating currency of the world. We can say bitcoin is popular but comparing it to USD is like comparing Earth to Sun!

[virasog]

I do not understand why I should compare these currencies. The dollar is for the government, and bitcoin is for the people. So it was from the very beginning of the existence of bitcoin. And bitcoin will never replace the dollar

Both Bitcoin and dollar are used by the people and people will choose one over the other considering the good option both the currency would give. Online, bitcoin is the best and for the offline , USD is the only option in the US. We cannot say one is better than the other. Both have the past god records and both have the bright future.

[deisik]

At the moment, only 2% of the world's population knows about bitcoin. And maybe even less. Therefore, it makes no sense to talk about the opposition of the dollar and bitcoin. Bitcoin is popular only in a small community, and the dollar is popular all over the world

It all depends on the state of the U.S. economy. If for any reason the dollar collapses the world will be looking for a new reserve currency. Why this currency may not be bitcoin? The modern world is changing very fast and we don't know what can happen tomorrow

I guess Bitcoin doesn't quite cut it yet

If the US dollar were to collapse tomorrow, Bitcoin wouldn't be able to take its place, let's remain realists here. Right now only a few million people are actively using Bitcoin and we still still plenty of unprocessed transactions (and this is the upper limit, while the real number can be lower than that). Increasing block size can be only an interim measure, in the long run it still leads nowhere. We need solutions that are scalable and luckily there are a few such solutions already on the go but they are not implemented yet and it will take time before we get there (given all the infighting inside Bitcoin groups)

[wicaksono]

I do not understand why I should compare these currencies. The dollar is for the government, and bitcoin is for the people. So it was from the very beginning of the existence of bitcoin. And bitcoin will never replace the dollar

Both Bitcoin and dollar are used by the people and people will choose one over the other considering the good option both the currency would give. Online, bitcoin is the best and for the offline , USD is the only option in the US. We cannot say one is better than the other. Both have the past god records and both have the bright future.

Agree, I still do not understand why comparing this currency. Dollars and bitcoins are mutually attached to each other, Dollars for offline, bitcoin for online.
If there is no dollar how to exchange bitcoin, and vice versa.
Dollars and bitcoins will be popular until whenever

[mindrust]

At the moment, only 2% of the world's population knows about bitcoin. And maybe even less. Therefore, it makes no sense to talk about the opposition of the dollar and bitcoin. Bitcoin is popular only in a small community, and the dollar is popular all over the world

It all depends on the state of the U.S. economy. If for any reason the dollar collapses the world will be looking for a new reserve currency. Why this currency may not be bitcoin? The modern world is changing very fast and we don't know what can happen tomorrow.

Behave yourself bro. Bitcoin can't be a reserve currency while there are early adopting people like Roger Ver with hundreds/thousands of bitcoins in their wallets who will be holding their coins no matter what the price will become in the future.

If bitcoin ever becomes a reserve currency, people like those early adopters will become so rich that they will be able to buy countries. Nobody can allow that.

[deisik]

At the moment, only 2% of the world's population knows about bitcoin. And maybe even less. Therefore, it makes no sense to talk about the opposition of the dollar and bitcoin. Bitcoin is popular only in a small community, and the dollar is popular all over the world

It all depends on the state of the U.S. economy. If for any reason the dollar collapses the world will be looking for a new reserve currency. Why this currency may not be bitcoin? The modern world is changing very fast and we don't know what can happen tomorrow.

Behave yourself bro. Bitcoin can't be a reserve currency while there are early adopting people like Roger Ver with hundreds/thousands of bitcoins in their wallets who will be holding their coins no matter what the price will become in the future.

If bitcoin ever becomes a reserve currency, people like those early adopters will become so rich that they will be able to buy countries. Nobody can allow that

You seem to be still thinking in pre-Bitcoin terms

Indeed, money is not wealth itself, and with that point which you didn't express explicitly I massively agree. That said, it still doesn't mean that Bitcoin can't become a full-fledged global currency like the US dollar. There are technical issues preventing this (as I said in my previous post in this thread), but apart from them, there is basically nothing which could be construed as "nobody can allow that". Nobody is going to sell you a country, that's certainly true, but this is as applicable to Bitcoin as to any other money out there (US dollar included). In other words, money cannot buy power since power is not bought but taken (typically with force)

[funkenstein]

At the moment, only 2% of the world's population knows about bitcoin. And maybe even less. Therefore, it makes no sense to talk about the opposition of the dollar and bitcoin. Bitcoin is popular only in a small community, and the dollar is popular all over the world

It all depends on the state of the U.S. economy. If for any reason the dollar collapses the world will be looking for a new reserve currency. Why this currency may not be bitcoin? The modern world is changing very fast and we don't know what can happen tomorrow.

Behave yourself bro. Bitcoin can't be a reserve currency while there are early adopting people like Roger Ver with hundreds/thousands of bitcoins in their wallets who will be holding their coins no matter what the price will become in the future.

If bitcoin ever becomes a reserve currency, people like those early adopters will become so rich that they will be able to buy countries. Nobody can allow that.

"Nobody can allow that".  Well.  What happened to the USA?  And so many other places?  Exactly what you describe.

However, with fiat, the people who have "a lot in their wallets" really have an unlimited amount in their wallets.  "Let me issue the currency and I care not who makes the laws"  etc. etc.  They can issue as much as they like at any time, and if you are willing to part for your resources in exchange for this paper, you are easily bought out.  With bitcoin and other public cryptos the amount is limited.

Bitcoin represents the end of financial colonialism.  About fucking time

[Hypnosis00]

We should not compare bitcoin to usd because they are different but they are the same in their service because they serves as a currency to us and we can use them to pay our bills online or buy some prepaid loads for our prepaid sim cards and a lot more. In my country bitcoin is not that popular as usd but because of the news, it is getting a little bit more attention than before.

[SoulBargain]

is bitcoin more popular than US Dollar ?

If you ask random people whether they knew USD then they would certainly say yes that is almost 90% with regards of those people who are not much connected to the civilization and if you ask them again whether they knew BTC then most likely the answers would be no, they don't.

In this current time, Bitcoin has a long way to run in order to exceed USD. It is not of the value it is measured how great a currency is or how popular it is but in its usage especially in the world market.

[BitcoinMarshal]

is bitcoin more popular than US Dollar ?

If you ask random people whether they knew USD then they would certainly say yes that is almost 90% with regards of those people who are not much connected to the civilization and if you ask them again whether they knew BTC then most likely the answers would be no, they don't.

In this current time, Bitcoin has a long way to run in order to exceed USD. It is not of the value it is measured how great a currency is or how popular it is but in its usage especially in the world market.

Your first part is right but second mean Bitcoin has long wayt to run in to exceed USD is not true because Bitcoin cannot exceed USD its a real currency and using by many countries for trade and their own necessities and bitcoin never can replace this because no country going to adopt this in near future 

[Bionicgalaxy]

is bitcoin more popular than US Dollar ?

If bitcoin is more popular than US dollar, if we can use bitcoin to pay all the materials here in the real world and considering it as a real money without converting it into a real money bitcoin can be popular. But still US DOLLAR is more popular than bitcoin because some people still don't know bitcoin.

[warrior333]

The dollar is certainly more popular the popularity of bitcoin is growing. Now it is not only a means of payment, but and deposits. The price is constantly growing. I have even seen the Declaration of the state official in provided 400 bitcoins.

[stephanirain]

is bitcoin more popular than US Dollar ?

No i don't think so that bitcoin is more popular than US Dollar because there are more people who use US Dollar than bitcoin.  If bitcoin is more popular than US Dollar them we can use it around the world without converting it in a real money but we can't do that because US Dollar is still more popular than bitcoin and there are still people who still do not use and know about bitcoin.