USD vs BTC

[grermezter]

Even though BTC is soaring, it cannot overtake the USD for popular currency. BTC is popular because it can be mined and anyone can make money out of it with the right tools.

[BitHodler]

Even though BTC is soaring, it cannot overtake the USD for popular currency. BTC is popular because it can be mined and anyone can make money out of it with the right tools.

Why do people always look at how they can earn with Bitcoin (which mostly comes from people gaining satoshis through signature campaigns), instead of Bitcoin's usability as currency?

Browse through the forum and you'll see people say ~ Bitcoin is better than USD because I can earn with it ~ Bitcoin is better than Gold because I make a living from it ~ Bitcoin is better than PayPal because it's an investment.

I could go on and on with such nonsense, but the point should be clear. Everything that you compare with Bitcoin should be compared in a manner that makes sense.

[deisik]

Even though BTC is soaring, it cannot overtake the USD for popular currency. BTC is popular because it can be mined and anyone can make money out of it with the right tools.

Why do people always look at how they can earn with Bitcoin (which mostly comes from people gaining satoshis through signature campaigns), instead of Bitcoin's usability as currency?

Browse through the forum and you'll see people say ~ Bitcoin is better than USD because I can earn with it ~ Bitcoin is better than Gold because I make a living from it ~ Bitcoin is better than PayPal because it's an investment.

I could go on and on with such nonsense, but the point should be clear. Everything that you compare with Bitcoin should be compared in a manner that makes sense

I don't see a lot of purpose or sense in talking about Bitcoin's usability as a currency

Basically, there is nothing to talk about since Bitcoin is not used as a currency (for the most part). How can you talk about something in a meaningful way which doesn't even exist (for real)? Indeed, people are talking about Bitcoin as a vehicle for speculation (which is what all their talks come down to) since this is what Bitcoin is primarily used for nowadays. If you are going to object and say something to the tune that Bitcoin is not used as a currency specifically because it is not talked about it being used as a currency, then I let you know that this nonsense, and likely even greater nonsense than people saying "Bitcoin is better than USD because I can earn with it", etc. At least, the latter is true, whether you like it or not (people really earn with Bitcoin)

[Farma]

At this time i see the difference between bitcoin and usd. Yes, maybe this is like comparing between gold and money. Well, of course people need more money, but still make money from using bitcoin.

[the rise]

At this time i see the difference between bitcoin and usd. Yes, maybe this is like comparing between gold and money. Well, of course people need more money, but still make money from using bitcoin.

They are still physically different in different technological worlds. But bitcoin keeps relying on the the latest dollar price so they both have a very clear connection, it would be very meaningful if bitcoin in the future becomes a common currency around the world, so there's no need to be official cash allowance for a particular zone.

[Rostadom]

At this time i see the difference between bitcoin and usd. Yes, maybe this is like comparing between gold and money. Well, of course people need more money, but still make money from using bitcoin.

They are still physically different in different technological worlds. But bitcoin keeps relying on the the latest dollar price so they both have a very clear connection, it would be very meaningful if bitcoin in the future becomes a common currency around the world, so there's no need to be official cash allowance for a particular zone.

Bitcoin is definitely not relying on the price of dollar. If dollar disappeared, bitcoin will not be affected at all since we can use the conversion of a different currency or better yet, just don't use any currency conversion at all. The latter is only possible when bitcoin has become mainstream and fiat has finally become totally obsolete and gone. Unfortunately, we're all already dead but that's still not happening. Most people are too scared to not follow the government and just think that they will go to jail for using bitcoins even when their surrounding people are already using it.

[gabmen]

USD have been popular for ages. BTC,came along and wow! Its popularity is just like USD.

nit quite yet. the posibility of this is remote as of now but I don't think its impossible. I think bitcoin would emerge first as the leading cryptocurrency for years before it can even challenge the dollar

[Lady Coquet]

is bitcoin more popular than US Dollar ?

Nope bitcoin is not more popular than US dollar because US dollar can use it worldwide unlike bitcoin you can only use it if you convert it into a real money. If bitcoin has been accepted by the government and became a legal currency, bitcoin not will be more popular but it will be oftenly used by people worldwide than US Dollar.

[batang_bitcoin]

USD have been popular for ages. BTC,came along and wow! Its popularity is just like USD.

And its popularity is keep on increasing it is why bitcoin is like USD now. There's no need for bitcoin to compare with USD because we are both depending on it. So if you think that bitcoin suits you the best then go for it or vice versa.

[Kemarit]

is bitcoin more popular than US Dollar ?

Nope bitcoin is not more popular than US dollar because US dollar can use it worldwide unlike bitcoin you can only use it if you convert it into a real money. If bitcoin has been accepted by the government and became a legal currency, bitcoin not will be more popular but it will be oftenly used by people worldwide than US Dollar.

Bitcoin will not as popular in terms of usage. It is still USD that will dominate the financial landscape not just US but globally. Local currency of each nation is leverage against USD. And bitcoin currently, is not as popular because its is not yet mass adopted. And with bitcoin, we always need to convert it to fiat to be able to used it to buy things so not all will love to do that. Most want local fiat or converted to USD to strengthen their buying power. So I don't think bitcoin can be as popular as the USD.

[MarketMagic]

It very easy to lose all your money with bitcoin if exchange going bust and hacking of wallet or lose wallet.dat,private key of it etc but of course easy to lose your real life wallet is situation same maybe and have it stolen buy street thief but bank does guaranteeing your deposit funds to make saving in bank maybe safer?

It depends on individual choice opinions to risk comes with  bitcoin freedom V safety of bank overlord dictator

[Macai]

nope! USD still more popular cause there are still plenty of people who are not informed about bitcoin due to unexposed to internet/ social media...

[Jewell]

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.

yes that is reality that currently USD is more popular than bitcon but i think there is a huge difference between the age of bitcoin and USD, bitcoin is very young as compare to USD, and we can see that the users of bitcoin are increasing more and more and hope that very soon all the people will be using bitcoin  which will really effect the use of bitcoin too much.

[tittensor]

LOL, are you kidding? There is never a better BTC story than USD, because Bitcoin's value is also calculate the value of USD, USD is the world's third largest currency, popularity is also considered as world number one. Bitcoin is only a popular digital currency on the internet community a few year ago, but the security level is not comparable to the USD. In the distant future, BTC may continue to increase but never good more than USD if applied in direct or actual dealings, I am sure of that. But if talking about internet deals, BTC or Cryptocurrencie may be the most powerful than Internet Banking or USD

[reuschman]

it's funny.
bitcoin is a virtual currency and it has been created for several years before, on the other hand, USD is massive. it's popularity, acceptability and credibility are unimaginable then bitcoin. in the current world, USD dominates all over the world in the monetary system, so bitcoin should not be compared with USD right now.

[makolz26]

it's funny.
bitcoin is a virtual currency and it has been created for several years before, on the other hand, USD is massive. it's popularity, acceptability and credibility are unimaginable then bitcoin. in the current world, USD dominates all over the world in the monetary system, so bitcoin should not be compared with USD right now.

We should have both of them, they have different function so no need to choose what is better, of course majority would still choose USD if ever given the chance to choose, bitcoin is only an alternative way to earn and to transact things easily, a good one but still we need our local currency not only bitcoin.

[frowsiter]

It's kind of tricky. People love bitcoin as well as use USD for real life living. So they can not rely completely on bitcoin. So they love the USD and care about earning more and more bitcoin because they are ultimately creating wealth for themselves. It is not necessary which one is great or which one people mostly prefer. The users of USD and bitcoin or almost same but depending upon age groups we may get answer that USD is more popular as young generation is more into it and young generation is not much as compared to other groups.

[SingAlong]

is bitcoin more popular than US Dollar ?

Actually I don't know what made you think that way because obviously the answer would is that USD is much popular than BTC. Try to walk in the streets whether they know USD then they will surely say yes but if you ask whether they know Bitcoin I 'll bet that there are very little who knows.

In terms of volume, USD is far ahead. In terms of popularity, USD is far ahead. In terms of usage, USD is still ahead. But who knows, Bitcoin might surpass it.

[Harlot]

is bitcoin more popular than US Dollar ?

Actually I don't know what made you think that way because obviously the answer would is that USD is much popular than BTC. Try to walk in the streets whether they know USD then they will surely say yes but if you ask whether they know Bitcoin I 'll bet that there are very little who knows.

In terms of volume, USD is far ahead. In terms of popularity, USD is far ahead. In terms of usage, USD is still ahead. But who knows, Bitcoin might surpass it.

Let us add the numbers. The population of USA is 324 million not counting the USD users outside of the country meaning there is 324 million people who are guaranteed using USD as their main source of currency. Bitcoin does not even reach that number of users. Even though the price of Bitcoin is way more bigger compared to USD, it has more users because it is a legal currency of a country with a big population. Also the price of Bitcoin is valued in terms of its fiat currency equivalent, without Fiat Bitcoin would be nothing to us.

[CataloniaFM]

is bitcoin more popular than US Dollar ?

Even a year after the post, bitcoin did not become more popular than the US dollar, because there are still many people who have not even heard of it.