BTC vs USD - Which one is better?

[yohananaomi]

Its so obvious the one people will choose. I personally will prefer bitcoin to USD because bitcoin is the top leading cryptocurrency and has high potential which is widely used and accepted in this market. I know nothing about USD and I can't say much about it ether.

Actually, bitcoin and USD investments are the same and of course I am very agree with what you say, if you are told to choose clearly, I am just like you are still the best bitcoin. bitcoin is a long-term investment and its value can be very profitable compared to USD. but it does need a good analysis in uncovering investment in bitcoin.

[Supr3m3]

Usd is afraid of btc )

[slaman29]

USD isn't afraid of Bitcoin, neither is BTC afraid of usd. But I can say that for the moment, BTC still needs USD because as soon as there is no USD value to BTC, nobody will want to accept btc any more for payment.

If you don't believe, check out your btc merchants and see if they're really accepting btc or usd. The price tells you which.

[ttcsalam]

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 think. BTC is good for those traders. Because the price goes up in the BTC trade. But the value of the dollar goes down slightly. For that, most traders prefer BTC is more best.

[ancafe]

USD isn't afraid of Bitcoin, neither is BTC afraid of usd. But I can say that for the moment, BTC still needs USD because as soon as there is no USD value to BTC, nobody will want to accept btc any more for payment.

If you don't believe, check out your btc merchants and see if they're really accepting btc or usd. The price tells you which.

well that's an interesting explanation, and as I thought. USD has great support from the government, while BTC has no support of USD. other than that, BTC still needs USD, moreover now BTC is measured based on USD. however, as far as I can see, crypto users, and other business people, prefer to develop bitcoin, because it's easier.

[cipherhut]

I literally won't hate the banking nor I oppose the Bitcoin on the other I hand if the bank starts accepting the BTC then the flow will get managed properly and people will understand the crypto resolution. In the proposed way we can build a decentralized banking institution to track the transactions.

[barabarian1]

which is better, i think btc and usd have their advantages and disadvantages. btc have own path an also usd. people cant use btc all of sudden, but you can use usd.
so when you ask about which is better, i can say if it depend where you are. if you in a good place that support bitcoin, so bitcoin is better than usd

[Darker45]

which is better, i think btc and usd have their advantages and disadvantages. btc have own path an also usd. people cant use btc all of sudden, but you can use usd.
so when you ask about which is better, i can say if it depend where you are. if you in a good place that support bitcoin, so bitcoin is better than usd

Therefore, this would highly depend on your circumstances. BTC is advantageous insofar as it can be kept and its value would grow exponentially after several months or a few years. But it can't easily be spent, at least as compared to USD, so there's the disadvantage. USD, on the other hand, is very convenient to spend. It could be converted into whatever currency, and so you can live with USD wherever you are. But in terms of value, it is shrinking.

Bottom line, I would choose BTC. After all, I don't have to use BTC exclusively for my daily needs.

[Abdul amir]

I would stand by BTC as it is deflationary and also decentralized

[Nnuego]

If there's a way bitcoin will be legalized and well known all over the world, I will highly choose bitcoin over USD. Am tired of seeing USD been used as number one currency, I needed something more to kick her dominance out

[Kunnu]

In this crypto era I am with Bitcoin because you all know many countries and its governments are accepting Bitcoin as a payment methods in many ways and it's more secure at least nobody can robbed you if you have bitcoin.

[Abiky]

For those who have never dealt with USD in their lives, they can save their money on their own fiat tho. Btw, both USD (fiat) and BTC have their own functions and we can use both simultaneously. BTC as investment while USD (fiat) as savings or for other needs in life.

Depending on our needs, will be the currency to choose. Neither BTC is greater than the USD or vice versa. They each have their respective advantages/disadvantages. While BTC has some benefits over the USD (like decentralization, limited supply, and censorship-resistance), it's largely unstable and widely unregulated. For this reason, it can only be used as a store of value. On the other hand, the USD is a stable currency with faster transactions per second than BTC. However, it's terrible for use as a store of value because of its ever-growing inflation rate.

Which is why, the best thing you could do is to use both currencies for your own advantage. They make a great combination, which could lead you towards non-stop financial success. Still though, it's been proven that Blockchain technology is better than the existing monetary system. Which means that sooner or later, the USD will become a completely digital currency leveraging the same benefits as BTC and other cryptocurrencies on the market.

If you still want the stability of the USD while obtaining the benefits of Bitcoin, then your best bet would be to choose a stablecoin instead. Stablecoins retain their value of $1 per coin (most of the time), bringing flexibility towards our daily payments. Even some of these coins are regulatory-compliant (like StableUSD and Gemini Dollars).

Nonetheless, Bitcoin may have some benefits on top of the USD, but it's lacking the essential things that are required to be used as a currency for daily payments. Perhaps, someday this will be solved via the mainstream adoption of the Lightning Network. Just my opinion

[nankers]

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, maybe USD is still the best choice because it can be used to transaction in various countries and is also used as a basis for the world economy. But if we are a little wondering if Bitcoin becomes a legitimate cryptocurrency and can be used in all countries, it is not impossible if later on in the future Bitcoin or cryptocurrency will be the best choice for transacting in the world. So in my opinion, between USD or Bitcoin, maybe at the moment the USD is the best but in the future nobody will know

[lepbagong]

When viewed for investment both are the same, and worthy of being an investment.
but if the long-term investment and the profits to be obtained, it is clear that the bitcoin will be chosen because the USD does not significantly gain its profit. although it is clear that bitcoin investment is more difficult because it must be more observant and the right analysis and very large risks.

[gangem07]

Bitcoin and USD are both good although they have many differences and goals in our lives but they have the same store of value.Bitcoin can be used as a mode of payment transactions in internet and USD can be used in various countries in all transactions.Both are good.

[Rimueng tuha]

In my opinion, honestly I prefer bitcoin because I can control my money without depending on bank policies. The future and opportunities for bitcoin to continue to grow have also been seen, especially now that bitcoin can bring us profits many times over. This makes me even stronger to choose bitcoin as one of my investments. I am sure that if you invest with bitcoin and have a good playing strategy, you can get substantial profits.

[Maariyapatek]

Personally I ll pick bitcoin. But USD is trusted and more by various financial institutions and government maybe in the future btc will be more of a speculative asset and a global currency. But currently the USD is world most powerful currency and its better for now

[Utuhikan]

I am very in love and amazed by the technology brought by BTC. I prefer BTC rather than USD. For me, BTC gives me a big advantage if I have the right strategy in playing on the crypto currency market. Other than that, I feel very suitable with BTC because I have felt the benefits for fast, easy, and inexpensive transactions. All the controls that are in my own hands make me able to take steps at any time.

[Handsome Boy]

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 agree with you, indeed for now USD is better than Bitcoin, because Bitcoin is not legal so it cannot be used for transactions around the world, but if Bitcoin is legal and can be used as a transaction worldwide (same as USD) then I sure Bitcoin will be better than USD and of course people will switch to using Bitcoin and not using USD anymore, so I hope that in the future Bitcoin will be legal and can be used as transactions around the world, because transactions using Bitcoin is very easy and fast.

[mayukus4life]

For the very now the USD dollar holds sway as a universal currency and it will take a little while for this to change and usher in the BTC. One good thing about bitcoin payment is the transaction fee associated with it no matter the quantity to Ben transferred it takes lesser percentage unlike the normal charges associated with banking. The volatile nature of cryptocurrency still give the USD an edge as a stable asset.