bitcoin are good and not USDT what else?

[Innerpumper]

what else?
if btc are good and nobody cant take it from you by freezing your balance but the problem is btc are volatility.

so my conclusion: banks and bitcoins are good and best? banks are best becouse you can hold your stable fiat currency safe there

Banks have central properties, and bitcoin has the opposite nature, I think both are good to use. Because it has its own advantages" bitcoin is open-source but the drawback is that no one can help if you lose bitcoin even if it is intelligence , on the contrary, in the bank system at least we can consult when there is a problem and get action on it.

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[rosebrand]

Dear friend your wallet can't be frozen if your private keys are well kept , crypto has many much benefits over banks, talking about price volatility if ur afraid of prices going up and down this means you don't have a mindset of investing in crypto bro, because price volatility is what made the crypto Market to be beneficial, if you just wanna Save your asset  without looking for profit and being afraid of loss then you can use a stable coin like Usdt to save your funds in your wallet, but if your are wise enough to minimize your lose and maximize  your profit then you can save your funds in bitcoin and take it as an investment you made therefore buying when there is a deep.

[goldade]

what else?
if btc are good and nobody cant take it from you by freezing your balance but the problem is btc are volatility.

so my conclusion: banks and bitcoins are good and best? banks are best becouse you can hold your stable fiat currency safe there

Yes, you're absolutely right that bitcoin is good and nobody can take it from you (well, except hackers and scammers if you're not very careful with your wallet security) by freezing your balance. It is also true that what makes the price of bitcoin unstable is its volatility.
However, I think you're wrong to think the banks are best because we can hold your stable fiat currencies there. Instead of trusting the banks to hold your money where it can lose value due to inflation and bank charges, why not hold your money in stable cryptocurrencies like the USDT, USDC and BUSD. this way, you have your balance intact without fear of inflation and you remain your own bank.

[Mauser]

what else?
if btc are good and nobody cant take it from you by freezing your balance but the problem is btc are volatility.

so my conclusion: banks and bitcoins are good and best? banks are best becouse you can hold your stable fiat currency safe there

In my country banks are no real options anymore. Due to 10 years of low interest rates the traditional saving model is broken. For example, I get between 0 and 0.25% interest per year while I have to pay a fixed fee for my bank account. On top of that is the inflation rate around 2%, so I am losing around 1.75% purchasing power every year. If I really want to save my money I need to go into cryptos or stocks.

[Kakmakr]

I would rather have one wild currency, than one tame and boring currency that are being manipulated to death by governments and also feel safe having control over my own destiny. (You have 100% ownership of your own wealth and it cannot be seized by any government)

Bitcoin gives you the freedom and with that freedom comes risk and volatility. Make full use of that volatility to make significant profits and deal with the volatility in such a way that you profit from it. (Buy low..wait for a spike and spend at a higher value) 

[LUCKMCFLY]

what else?
if btc are good and nobody cant take it from you by freezing your balance but the problem is btc are volatility.

so my conclusion: banks and bitcoins are good and best? banks are best becouse you can hold your stable fiat currency safe there

In my personal opinion, I do not believe that banks are so transparent, when you must make a deposit or a withdrawal from your balance if it is very large, you must present the origin of the funds and if you withdraw it you must fill out certain forms to see if they give authorization to withdraw it. The core of all this is, if you have money and you need to move the amount you want, you must do it because it is your own money, they should not ask permission from third parties, with bitcoin there are no permissions and you can move the amount you want.

Some banks want to implement cryptocurrencies on their platforms, bitcoin among others, the only thing is that those who have crypto and bitcoin will have to pay additional taxes and they would have the data of the holders and it is not convenient, the idea of having crypto is to avoid the control by third parties and that it is decentralized, this includes that they do not know the identity of those who possess it.

[ipanks]

what else?
if btc are good and nobody cant take it from you by freezing your balance but the problem is btc are volatility.

so my conclusion: banks and bitcoins are good and best? banks are best becouse you can hold your stable fiat currency safe there

That will depend on each people expectation. If they think that the banks and bitcoin are good and best, they will still use both banks and bitcoin. But if they think that bitcoin is the best than the banks, they will not save their most money in their bank account but they will save their money in bitcoin. I still use the banks to save my money and withdraw my money using ATM, but I also save my money in bitcoin form.

[Findingnemo]

It will be more safe if you withdraw all the fiat money from your bank account and keep them in a locker but this cryptocurrency is not only about savings, its all about transacting and how easy it can be with the decentralized blockchain network like Bitcoin.

[bitgolden]

It will be more safe if you withdraw all the fiat money from your bank account and keep them in a locker but this cryptocurrency is not only about savings, its all about transacting and how easy it can be with the decentralized blockchain network like Bitcoin.

Unfortunately not that many people realize that part about bitcoin. The creation was obviously that people should move their money to bitcoin, and technically speaking people are moving their money to bitcoin which causes the price to go up, these days people are willing to pay more and more fiat to get into bitcoin. However most of the people do this because they want to have more fiat, they want to spend 1 fiat and get 1 bitcoin and then sell that 1 bitcoin for 2 fiat, that is what the purpose became.

However no matter how people are using it, having more and more people invested into bitcoin also opens a lot of doors for us to buy and use bitcoin in more places as well. Look at Tesla for example, one of the biggest companies in the entire world accepts bitcoin as a payment and that matters a lot, that is a great deal if you ask me and that is why I think asset and currency goes hand in hand.

[iv4n]

What do you say to a man who overthinks everything?

Dollar, Bitcoin, USDT... in the end you just wish the get the job done! If that can be faster and cheaper it will be more suitable!

As Bitcoin opened my eyes to the world, I can't deny the existence of all other alts that can do the job, as Bitcoin can, or USDT, and to be cheaper in the same time, so why not?

Do we need to be Bitcoin maximalists to own some Bitcoins? Do we need to accept Bitcoin and reject everything else that crypto has to offer?
And that USDT on Ethereum? Is it so good that I need to pay a 0.027 ETH gas fee for any USDT transaction? And when I use BUSD I pay cents?
So you tell me who is crazy here?

[CarnagexD]

I don't know, but a lot of cryptocurrencies in the market are showing great promise, as much as bitcoin's profitability, sometimes. But I believe it is all on the hands of the investor, because a coin, even something like bitcoin, will not come to rise if not for its supporters. So basically find a coin with a hard following, double check the graphs of that coin, and if you're confident enough, buy a few, keeping in mind not to all in and diversify your portfolio to ensure that profits are still achievable.

[Saint-loup]

I did not get your point. Did you mean saving USDt in bank? Or holding dollar?

Just know that dollar will still in one way or the other be subjected to fiat devaluation/depreciation by the central body (US government). That will be the reason I will not also make use of USDt or any other stable coin because their prices assumes the price of US dollar.

Unlike bitcoin which is a deflationary currerency. When its price surpass all time high will be when you will realize. Bitcoin price will increase and decrease, but over long time period bitcoin price will have a net increase because it is just a deflationary money that is not subjected to central control and only 21 million will be in total circulation.

Bitcoin is a deflationary currency BECAUSE its price is climbing, it's not the opposite. Its deflationary characteristic is an effect of the increase of its price not a cause of it. When its price decreases, prices of goods and services in BTC increases, and it becomes an inflationary currency consequently.

[alex juhir]

(If you put $20 in your average bank for 10 years you'll probably have $20 or close to it. If you invest it in btc or a stock you might and probably will get more. Even just using a simple algo against selecting a stock )

[Yayis]

what else?
if btc are good and nobody cant take it from you by freezing your balance but the problem is btc are volatility.

so my conclusion: banks and bitcoins are good and best? banks are best becouse you can hold your stable fiat currency safe there

Are you talking about USD or USDT am not sure am getting what you are saying. USD and USDT are actually very different and there is more risk holding USDT than USD.
However it's like an investment portfolio, you always have to diversify. You never know when the crypto winter comes, it's always good to have both, fiat and cryptocurrencies.
 

[kingkhan99]

We know that Bitcoin is a common currency a few days ago it rose to 58,000 usd plus and now it's about 55,000 usd so I think it'll grow even more in the future......

[Saint-loup]

(If you put $20 in your average bank for 10 years you'll probably have $20 or close to it. If you invest it in btc or a stock you might and probably will get more. Even just using a simple algo against selecting a stock )

WOW you already know which will be the price of BTC in 10 years, while nobody is able to predict with accuracy what will be its price for the end of the year. You must be a highly skilled trader  .
BTC is one of the most volatile and unpredictable assets available in the world, so forecasting its price for a decade from now is just pure nonsense bull shit in my opinion. Nobody can tell if Bitcoin will worth 100 000 or 100$ in ten years. You're talking about stocks but would you say the same thing for penny stocks? They are as volatile and unpredictable as BTC however.

[bittick]

It will be more safe if you withdraw all the fiat money from your bank account and keep them in a locker but this cryptocurrency is not only about savings, its all about transacting and how easy it can be with the decentralized blockchain network like Bitcoin.

Locker isn't really safe, and bank while could freeze your bank account out of the blue like anytime definitely safer than locking your money up in your locker since if anyone figure it out you might get robbed and risking your life. However bitcoin in the other hand, wouldn't get your wallet frozen out of the blue unless you used wallet provided by exchange or such. I think the main point here is that no intervention by third party can be done when it come to decentralized system.

[Findingnemo]

It will be more safe if you withdraw all the fiat money from your bank account and keep them in a locker but this cryptocurrency is not only about savings, its all about transacting and how easy it can be with the decentralized blockchain network like Bitcoin.

Locker isn't really safe, and bank while could freeze your bank account out of the blue like anytime definitely safer than locking your money up in your locker since if anyone figure it out you might get robbed and risking your life. However bitcoin in the other hand, wouldn't get your wallet frozen out of the blue unless you used wallet provided by exchange or such. I think the main point here is that no intervention by third party can be done when it come to decentralized system.

OP wanted to prove that USDT is better than the bitcoin that is why I said why we need bitcoin and why we have bitcoin now. And the above quoted part is why USD or any fiat is better than USDT.

[Ibrahim60]

what else?
if btc are good and nobody cant take it from you by freezing your balance but the problem is btc are volatility.

so my conclusion: banks and bitcoins are good and best? banks are best becouse you can hold your stable fiat currency safe there

Crypto currency and fiat is not same. Crypto currency is always volatile. You can make huge profit and also loss your huge money by investing on Crypto currency. Though this is depend upon coin. But if you hold your money in bank then there is no chance to loss your money. You can get some profit monthly or yearly which is selected by the bank. Also you don't expect a huge profit from bank. Bank can secure your money but Crypto can make your money huge and can make you rich. But you need enough knowledge about Crypto. So finally I'm telling that bank and bitcoin is not same to compare.

[doomloop]

what else?
if btc are good and nobody cant take it from you by freezing your balance but the problem is btc are volatility.

so my conclusion: banks and bitcoins are good and best? banks are best becouse you can hold your stable fiat currency safe there

I do get what you’re saying, but your headline confused some people. I understand that you’re saying this based on what has been on the news about USDT. But one thing you have to know is that even with all that has been happening the USDT kept increasing in value and it sits at the fifth position on the coinmarketcap.com list with a market cap of around forty three billion dollars, and that’s huge.

Making use of USDT is not a must for anyone, yes they have been a lot of things that we see wrong these days, the Tethers are not fully backed by the USD, and we are not sure whether they are just setting any number the want the public to believe that it is 1:1 with the US dollar. There are lots of other good stable coins, and if you want to be making use of fiat, that’s also good, whatever way will work best for you.