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Author Topic: BTC vs USD - Which one is better?  (Read 13672 times)
Pyr3x
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July 19, 2019, 06:45:22 PM
 #221

I don't think you can choose one. Dollars are necessary, without them you will not live. But I believe in bitcoin. That's why I invest in bitcoin.
But I can't say which is better

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July 19, 2019, 07:00:30 PM
 #222

I think bitcoin is the best option between, U$D Banks full of interest just want to take our money in a legal and easy way kk



I will not compared the two and USA was one time the best currency in the world. Everything we have now or we would have in future has it time and time will come when human beings that are praising bitcoin now will start to speak evil of it the way we are now calling USA "as a bank desired to take our money in a way that is legal". I have tell several people that "bitcojn is not out to wipe out the fiat system that we think are obsolete but and end to an era and a beginning of how we see and used money".
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July 19, 2019, 09:52:52 PM
 #223

btc and usd its different thing, they have own advantages and disadvantages, they own different ability, the one can make money but you can use it easily, the other you can use easily but its difficult to find.
i dont think if btc be like usd, and if it happen btc will be controled by something.
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July 19, 2019, 10:07:10 PM
 #224

If we are talking bout privacy and the idea of decentalization BTC is better.
Twinscoin2017
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July 19, 2019, 10:58:00 PM
 #225

Btc and usd is different, btc is unstable while USD has a stable value depending on the amount that is written through it. I believe that both btc and usd are good, but many more people believe in usd in terms of payment system because btc is not that popular through payment option it is normally used as investment.
ashlyvash01
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July 20, 2019, 01:41:43 AM
 #226

for me its really obvious that usd is still the best but if you plan to hold for a long term will btc is the best on it.
kogozer714
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July 20, 2019, 01:56:22 AM
 #227

I will choose bitcoin, because I still have time ahead for us and bitcoin can still be whatever we want in a very good development
Hallmader
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July 20, 2019, 02:15:40 AM
 #228

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?

Apparently, you are choosing between Bitcoin and USD on the basis of which is a better currency between the two. Furthermore, on that basis, the ability to spend it anywhere is being given a certain weight. I am also for USD, on that basis at least. You can indeed spend USD wherever you are. That is certainly more convenient to use as a currency. However, on the basis of value, I would not think twice of choosing Bitcoin over USD. And on the basis of ownership, Bitcoin is owned by me and USD is not. And so I would choose BTC over USD.

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elisabetheva
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July 20, 2019, 03:40:12 AM
 #229

for me its really obvious that usd is still the best but if you plan to hold for a long term will btc is the best on it.
Both of them still have their own advantages, as you say that USD is still the best, of course for short-term investments and not for the long term, it is clear that long-term bitcoin is the best. because obviously in investment we need profits, bitcoin still provides the best benefits and can be relied on for long-term investment.
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July 20, 2019, 10:40:01 AM
 #230

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?

Conventional currencies such as the US Dollar have some disadvantages. However, many people underestimate these weaknesses because so far there are no competitors that are strong enough to doubt public trust in conventional currencies. Well, the emergence of Bitcoin as a crypto currency circulating on the internet is slowly able to shake that belief. The reason is none other than the ability of Bitcoin to "patch" the shortcomings of conventional currencies. Because Bitcoin does not have an intermediary, transactions can be done without any limits. Compare it with financial transactions that are usually facilitated by the Bank, credit card companies, or e-payment systems such as PayPal. There is always a minimum and maximum transaction limit applied by intermediary bodies like that. then when the wire transfer takes days to complete the transaction process, Bitcoin only takes about 10 minutes. The characteristic of Bitcoin as a digital currency is what makes this possible.
 And of course Bitcoin isn't circulating as paper money or even coins. The shape cannot be touched because Bitcoin is a digital currency. On the other hand, conventional currencies are easily damaged because most are in the form of paper money. In some countries, the money has lost its alias value no longer applies if the damage is too severe.

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July 20, 2019, 11:24:30 AM
 #231

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?

At the moment there is no exact answer.
I think that not all people are ready to abandon the usual banking system in favor of Bitcoin. It is very difficult and global solution. We cannot say with accuracy that it is better, since the adoption of Bitcoin as the base currency can lead to catastrophic consequences (crisis, unemployment, etc.).
Logically, Bitcoin is much more mobile and convenient than our banking system. And I hope that in time we will be able to use bitcoin for the benefit of people.
samuraijin
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July 20, 2019, 11:48:07 AM
 #232

I think both of them are very good, but have different weaknesses, maybe here we know the weaknesses in the USD which are already controlled by the banks, so all the people have been very difficult to fight, but with the existence of bitcoin it changed everything even though slowly completing the shortcomings USD is happening at this time, so bitcoin and USD together complement each other's shortcomings ...

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July 20, 2019, 12:07:40 PM
 #233

You can have them both!!  Grin
Skieleton
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July 20, 2019, 12:22:56 PM
 #234

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 me, such a comparison is pointless. USD is legal money. Bitcoin is a creation of recent years. I hope this is a future when it comes to payment. At the moment, even it is not legal.
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July 20, 2019, 12:56:52 PM
 #235

Comparing 2 different currencies is pointless I think. These 2 currencies have benefits in different ways.

If you will see it in terms of usage, USD is more preferable to use compare to Bitcoin since there are not that much establishments right now that are accepting Bitcoin. Now if you are comparing it in terms of investment then definitely Bitcoin will be the one to pick because of its volatility compare to USD.

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July 20, 2019, 01:32:58 PM
 #236

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?

They're are completely different in all ways. With different uses and benefits. For wider usage and acceptance, USD as more countries use it to pair against their currency which makes it much more in demand and in circulation. And of course, legitimately. Bitcoin is not yet accepted worldwide even though lots of people are using it.

But for traders, when BTC is going down, convert to USD to stabilize your funds and once BTC picks up, buy back so you can enjoy some profits and be safe

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July 20, 2019, 02:26:06 PM
 #237

I think for me bitcoin is more is better than dollar. Because allwe know that using bitcoin have more function using online transactions specially with the new mobile app that now are so many choices that we can use using our cellular phone. Unlike in dollar, there are so few activity in online because all we know that dollar is more usefull in actual or image form.
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July 20, 2019, 02:45:51 PM
 #238

I definitely prefer a bitcoin. Because I am Asian.

Cool! Why should we use the US dollar when it only benefits the US government. I like Bitcoin because it's decentralized. And the potential is still very high.
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July 20, 2019, 02:57:14 PM
 #239

This comparison is incorrect. USD is much more stable, regulated and old currency. BTC is still something new with unclear future. I believe that btc will be more popular in the future but for now i personally choose USD
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July 20, 2019, 03:47:38 PM
 #240

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?

That would be nice to have BTC be as versatile and widely accepted at the USD.  There would have to be several very big hurdles it would have to get over.

1.  One is price stabilization.  It needs to be stable.  I read an article yesterday that Bitcoin jump $1000 in 20 minutes https://finance.yahoo.com/news/bitcoin-price-jumps-1-000-170929308.html

2. hmmmm, now that I think about it, if we got over the hurdle of 1 most of the other hurdles would go away.
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