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Author Topic: Is Bitcoin Still Better than US Dollar?  (Read 629 times)
vintages
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November 12, 2019, 08:39:40 PM
 #101

Some people say bitcoin is better than US dollar but i think US dollar wins in terms of acceptance because not all people know what bitcoin is and bitcoin price is volatile and bitcoin don't have physical form you cannot touch it like dollars

For now, i think comparison should not be on which is highly accepted but on which has more value. When you want to compare them based on adoption, the US currency will always come out as a winner because it has been around for many years unlike Bitcoin which only emerged 10 years ago. Also, base on this simple comparison, I think they are equivalent though, just like every fiat to bitcoin. Each is serving their unique purpose.
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November 12, 2019, 09:45:04 PM
 #102

There's nothing wrong if the people don't see that the gov't manipulates paper money. What do you expect? all of us grew with that process in our lives. The gov't is the one that fully controls in everything regarding the financial state of the country.

Bitcoin is there as an alternative currency and with other purposes that we can use as an investment. It is scarce and volatile which we can relied on if we will treat it as an investment. Comparison of bitcoin to USD, we're not yet there.

                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                 
                                  
                                  
                                  
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