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Author Topic: BTC vs USD - Which one is better?  (Read 13675 times)
kingpin4321
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May 23, 2019, 02:46:21 PM
 #61

My sure pick would be bitcoin. Because of some reason, bitcoin is more like an investment opportunity as compared to USD. The great economical advantages USD has against bitcoin is that is it very much acceptable globally than the bitcoin
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May 23, 2019, 03:04:46 PM
 #62

These guys have some interesting stuff going on here https://cryptotradernews.com/cryptocurrency/bitcoin-vs-usd-for-storing-value-purposes/

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?
in this case it is only natural if you choose usd because it can be used all over the world and I will also choose usd for the same reason, but btc will still be my investment ... slowly the btc will be accepted in all countries

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Pom_bensin
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May 23, 2019, 03:32:59 PM
 #63

BTC and USD both have their own attributes and I think we should respect them both for what they are and stop comparing to each other.
While BTC has it's pseudo anonymity and p2p capability, USD has more availability and acceptance globally. Although if we talk about which one is better I will vouch for BTC.
Everyone has their own opinions and in my opinion BTC has better characteristics than USD. This doesn't necessarily mean USD is worthless. Both have their own values.
both have values and characteristics according to people's tastes, but maybe what we mean here is that they want to compare between bitcoin and usd in a different matter. here I see if both are not bad and can be connected to each other
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May 23, 2019, 04:28:19 PM
 #64

It all depends on us on what do we like,
Do you like to continue using bank? Or do you like to get a financial freedom?
USD would still be the same value but crypto have a huge chance to increase.
But in terms of usages USD is really better than BTC but in terms of saving it is better to use BTC rather than USD.

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May 23, 2019, 05:42:53 PM
 #65

Ultimately, it is not which is better. Each one can work differently for individuals during different transactions. In the future, instead of comparing Bitcoin vs Gold and Bitcoin vs USD (Dollar), hopefully there will become a system where each of these currencies and others can co-exist with each other to create the best results for the world as a whole.
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May 24, 2019, 05:07:56 AM
 #66

Comparing these two is unmeasurable. In the first place, USD can be used easily worldwide and accepted by banks while bitcoin can also be used in selected countries without banks.  We don't have to choose between the two of them. We can actually convert USD to BTC and/or BTC to USD.
Hello all. Bitcoin is better for payments without taxes (for us and Internet). USD is better have in your pockets. But that's for now. We have 21st century, so we need new currency. And maybe it will be Bitcoin.
YOU makes sense in your reply, though bitcoin in other countries already implementing adding tax into it. Also, there is still high fees in btc transactions. But I agree that USD had a strong impact but we are in a 21st century and we want to experience some new technology like btc.
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May 24, 2019, 05:27:36 AM
 #67

Comparing these two is unmeasurable. In the first place, USD can be used easily worldwide and accepted by banks while bitcoin can also be used in selected countries without banks.  We don't have to choose between the two of them. We can actually convert USD to BTC and/or BTC to USD.
Hello all. Bitcoin is better for payments without taxes (for us and Internet). USD is better have in your pockets. But that's for now. We have 21st century, so we need new currency. And maybe it will be Bitcoin.
YOU makes sense in your reply, though bitcoin in other countries already implementing adding tax into it. Also, there is still high fees in btc transactions. But I agree that USD had a strong impact but we are in a 21st century and we want to experience some new technology like btc.
New technology and another venue to try for our payment process, the transactions can be done in our benefits, just need to work on with your
knowledge and how will you maximize every benefits that bitcoin offers for this new system.

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May 24, 2019, 05:40:24 AM
 #68

Bit coins are good at any medium. If you put USD on USD then there is profit if the market results. There is a possibility of loss. Besides, it is very good in terms of money transfer, because there is no other medium.

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May 24, 2019, 06:03:25 AM
 #69

It all depends on which market side you're referring to: bullish or bearish.

During bull runs bitcoin is better,  as increases its value. During bear periods USD is definitely better, as it remains constant.

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May 24, 2019, 06:26:05 AM
 #70

In reality both all have their usefulness at different times. Even though Bitcoin is a speculative asset, it's price gains / bull run are a delight to investors. Looking at it from another aspect, USD is used globally and well accepted by governments all over so the acceptance and usage is wider than that of bitcoin. You can literally use use to buy everything while BTC payments for goods is very much limited. Let's just agree that they will continue to co-exists all long as USD exists.

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May 24, 2019, 06:47:13 AM
 #71

These guys have some interesting stuff going on here https://cryptotradernews.com/cryptocurrency/bitcoin-vs-usd-for-storing-value-purposes/

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?

in my opinion comparing between BTC and USD is not equivalent. same as comparing planes with cars. BTC is cryptocurrency while USD is Fiat or cash.
everyone if wanna investing definitely will chooses BTC, USD is not suitable for investment because USD is used for daily needs rather than investment.
if extensive use is the reason, that is not the right reason.
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May 24, 2019, 09:58:35 AM
 #72

I won't lie... Yes, it's bitcoin, I don't have like USD or fiat to rule the world, it should be something not created and control by a group of individual that's why I'm backing bitcoin over USD. We all know Bitcoin is not yet popular and it cannot beat USD at it's standing now, but this is our own, we are the one making it popular and more valuable, so in the future, this might bring a lot of adoption because of our undying support now.

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FlightyPouch
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May 24, 2019, 10:10:34 AM
 #73

Well, there are a lot of features BTC has that USD doesn't have, the most popular is the decentralization. But that doesn't make BTC better than USD, all in all, USD is still better than BTC. BTC will never lose it's volatility while it is decentralized so I don't think it will be that easy to make it a stable currency. Fiats can be used everywhere and that is the same with USD, if BTC will be accepted worldwide, I think people who want to travel and make adventurous tales will be favoring BTC over USD or their Fiats.

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May 24, 2019, 10:23:32 AM
 #74

These guys have some interesting stuff going on here https://cryptotradernews.com/cryptocurrency/bitcoin-vs-usd-for-storing-value-purposes/

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?
to answer your question, I think it makes no sense comparing bitcoin to usd, they are two entirely different form of currency, and remember, the problem bitcoin hopes to solve is to some extent different from what usd is currently solving, and another factor to why it makes to sense comparing them both is that they aren't the same age, bitcoin is just about 10 or 11 years old while usd is far far older, wait until bitcoin is at least 30 to 40 years old, then we will know how far it's come

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May 24, 2019, 12:12:37 PM
 #75

These guys have some interesting stuff going on here https://cryptotradernews.com/cryptocurrency/bitcoin-vs-usd-for-storing-value-purposes/

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?
in this case it is only natural if you choose usd because it can be used all over the world and I will also choose usd for the same reason, but btc will still be my investment ... slowly the btc will be accepted in all countries
In certain aspects and spectrum of course we cannot just depend on USD or just on bitcoin. for example, as you say that for payments then USD are more popular because they are accepted everywhere, but for investment  bitcoin is far more charming for me, depending on the needs and interests you want, moreover we are free to use both of them right
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May 24, 2019, 12:54:35 PM
 #76

These guys have some interesting stuff going on here https://cryptotradernews.com/cryptocurrency/bitcoin-vs-usd-for-storing-value-purposes/

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?
I would choose bitcoins considering the growth rate and the benefits of being with them. USD is a stable currency backed by the United States which makes only the peoples from United States of America use USD as a mean of payment but bitcoins are been used globally and we can transact with any individual in any corner of the world with bitcoins.

We can probably not trade with every individual with USD and we need to convert USD to local cash in order to make trades in other respective nations. Also holding our capital in bitcoins is a good option as with the increase in price, our capital too is increased which as compared to USD is not found.
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May 24, 2019, 02:07:23 PM
 #77

Maybe this is the first time I am seeing the BTC-USD comparison! USDT is not a cryptocurrency, So, the comparison fails here! And, Personally, I would pick the greatest coin Bitcoin always! USDT is controlled, Bitcoin isn't controlled by the Billionaire rather Bitcoin helps people to be a billionaire!

Bitcoin is gonna hit 100K usd
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May 24, 2019, 04:00:43 PM
 #78

I would pick the bitcoin any time any day. The USD heavily depends on some big banks and Regulatory policy for its value attribution. The bitcoin is literally a BIG BOSS on its own.
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May 24, 2019, 04:24:37 PM
 #79

 In my opinion, bitcoin is only good for instant transaction & trading but if we want to use the whole day in our daily life we can't. Because first of all BTC isn't legal all over the world & BTC price isn't stable  Cry USD controlling the whole world because of stability.

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May 24, 2019, 04:55:57 PM
 #80

From my point of view, I definitely chose BTC. Because,

1. It's a crypto currency. Crypto currency is definitely the future currency.
2. It's easy availability. If you have Internet connection then easily reach btc transition.
3. I think that BTC makes our daily money transition very easy.

So, to me BTC is more preferable than USD.

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