Post
Topic
Board Economics
Re: USD vs BTC
by
NewInCryptoCurrency
on 05/10/2016, 19:33:59 UTC
At this stage bitcoints not so popular as the dollar. But its popularity is growing. By dollar just all become accustomed. A cryptocurrency a relatively new and many people do not trust it
yeah I think if bitcoin began to grow I believe the future will be bright bitcoin, but I'm not sure if bitcoin could defeat the dollar. I just think that bitcoin might be equivalent to the dollar
It cant and will not be equal to USD. Do you think the US government will let that happen? They are striving to lie to everybody for the sake of their strength to control everything and this crypto would just go beyond them just like that? They wont give a slightest way for that to happen.
Nothing can beat the government, they can declare using of bitcoin as illegal if they find any threat to there economy, big countries does not want any competition and if they have they will surely beat it so that they will continue to make money from our taxes.

Indeed the government is way to powerful and I think that the USD is too strong to fight against.
Most likely the bitcoin can do some damage but not a lot due to the fact its even depending on the dollar.