BTC vs USD - Which one is better?

[sadirmrida]

Now Bitcoin rise  every day. Last 3 months bitcoin price increase rapidly. Bitcoin increase more  says expert.   So now buy BTC  is preferable to USD. If you can,  hold more btc  for next 3 months. I assumed that btc hit 10000$. 

[amktt]

let we take a look at the past performance on both USD and bitcoin, the data shows that usd has always been losing their value against bitcoin thus make bitcoin is better for being a store of value

[UmerIdrees]

Now Bitcoin rise  every day. Last 3 months bitcoin price increase rapidly. Bitcoin increase more  says expert.   So now buy BTC  is preferable to USD. If you can,  hold more btc  for next 3 months. I assumed that btc hit 10000$.  

If you compare bitcoin with USD then you will realize that with the passage of time USD value will decrease and bitcoin value will increase. Also consider the world economic conditions and you will get to know that US dollar is not in a good condition world wide and it will no longer remain the world main currency in future.

[Netnox]

The advantage with Bitcoin is that it acts as an investment asset, and as a currency at the same time. On the other hand, if you have USD in your bank account, you need to invest that currency in some other asset, so as to maintain the purchasing power. Because USD is not protected against inflation and its purchasing power goes down every day. Therefore USD can't act as a storage asset for money/wealth. But this is possible with Bitcoin, since it is protected against inflation.

[Naughty Princess]

let we take a look at the past performance on both USD and bitcoin, the data shows that usd has always been losing their value against bitcoin thus make bitcoin is better for being a store of value

Bitcoin is preferable than any other coins. Digital currency is more volatile and change faster on the market. If you want to store some, bitcoin is a good choice. You can purchase products and services, and keep it as an investment. There are lot benefits from it.

[Krislaw]

Now Bitcoin rise  every day. Last 3 months bitcoin price increase rapidly. Bitcoin increase more  says expert.   So now buy BTC  is preferable to USD. If you can,  hold more btc  for next 3 months. I assumed that btc hit 10000$. 

what?
Bitcoin isn't rising every day, it's fluctuatif price not stable.
I can't bought Bitcoin for only hold 3 month, when i bought bitcoin for 10 year holding and investment for my son and daughter.

[BL46K 7193R]

I think it's best not to compare BTC and USD. Both of these are equally important for us in our present world. BTC is just as important online as well as offline, and just like USD, and very important. In fact, I think it would be advisable to make comparisons between BTC and USD. The BTC is in the same way as the USD is in our daily activities. Yes, in some cases BTC is ahead of USD in some cases. Again, in some cases, the USD is ahead of BTC. I think it's better not to compare between BTC and USD.

[mihori]

I think BTC is an asset that can buy coffee.

USD is just a medium of exchange, for life expense but nothing more.

[MMS2017]

I would like to use USD for universal payment and in the case of BTC the only problem is the acceptance in the restricted areas of the world, For USD the best thing is now the acceptance of this currency is the best and open source to every one, Crypto investment is very profitable and through these we can earn profit for the future Crypto is the key to success,

[nicolaz.zhu]

Because bitcoin cannot be fully used as a means of payment, fiat money still holds full in our lives. Bitcoin is simpler without having to pay paper money in the wallet, we just have to scan or send it with a cellphone.

[cipherhut]

Bitcoin just because of its decentralized nature and no one can control it. USD has the government control and also they can move and change consequences as per their convenience so it is always better to be in favor of BTC.

[luigivessota]

Well I kind of agree with you? USD are very stable right now. However, if you're looking to make some long-term profit you should stick to BTC for sure.

[kevinzxz]

for now USD is still better, because Bitcoin is not legal in all countries, but when Bitcoin is legal in all countries and Bitcoin can have functions that are equal to USD as money for legitimate payments and currencies that have an influence on the world, then I am sure Bitcoin will be better than USD.

[Christofer2000]

the dollar is more stable and bitcoin is better for investments

[freedomgo]

for now USD is still better, because Bitcoin is not legal in all countries,

It doesn't matter, as long as we have the majority or big countries supporting it, we win the battle.

but when Bitcoin is legal in all countries and Bitcoin can have functions that are equal to USD as money for legitimate payments and currencies that have an influence on the world, then I am sure Bitcoin will be better than USD.

Even if this will happen, it cannot compete with dollar, USD has unlimited supply as the government can print money anytime they want, while bitcoin ha a fixed supply and supply could decrease over time for lots of reason.

[killat]

Except the fact that Btc transactions are sometimes slow, Btc is definitely better. It is safe, easy to use and it has a limited supply, which will conserve or eventually increase the price overtime.

Transactions speed depends on the activity of the bitcoin network and the transaction fees. As both the fees and network activity increases, so does the time it takes to complete a transaction. For now, it takes between 10 minutes and an hour depending on the transaction, but it may take more in the future if a serious bullrun starts

[bitbunnny]

To be honest I don't like such comparisons of Bitcoin with particular fiat currencies. We are all aware that both Bitcoin and fiat money have advantages and disadvantages but the way we use them and their role in economy or society in general are different.
To my opinion cryptocurrencies are not here to replace fiat currencies but to give an alternative and some different x technology more advanced payment and investment system. USD will not disappear and Bitcoin will not take its role and I'm sure that many people would still rather choose USD over Bitcoin because they get paycheck in USD that provides them existency.

[Kocret02]

bitcoin and usd have different characteristics, bitcoin and usd have properties of increase and decrease but to be safer and long term usd can be chosen as usd fluctuations are smaller than btc which fluctuate more and can at any time experience a decline or increase.

[iqlimasyadiqa]

Each has its strengths and weaknesses, but if calculated with a financial system in the future, the digital currency is far superior.
In the future, the application of digital currencies will be so massive that the need for digital currencies will increase so rapidly.
We all need to be able to take advantage of the situation and I think that investing in digital currencies will be far more attractive for the future survival that we have.

[Astvile]

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?

For now I would be force to pick USD as the better currency,why?because using USD give you more benefits when it comes to real life spending and purchasing compared to bitcoin.You can pay everything in USD,yes you can pay some in bitcoin too  but not all and most of the time the needs is what you cant pay for using bitcoin like house rent,bills and many more.But if we place bitcoin in USD as equal in ability to be spent then i will choose bitcoin for obvious reasons.Less hassle and convienient type of payment we all know that.