Post
Topic
Board Economics
Re: Will the US Dollar dominate bitcoin trading
by
vero
on 08/10/2016, 20:05:17 UTC
The US dollar has been dictating most of the trades world wide from crude oil to anything.  Is there a possibility that it will dominate in the trading of Bitcoin?
Yeah the US Dollar is already dominating the Bitcoin trading and I do not believe that it is going to change anytime soon now.
Why the US Dollar is one the that is dominating is something that I also do not know.
Currently it is dominating but I do not think that in the future it will remain the same as bitcoin itself is a currency and if it became a global currency then it will never need any other currency to trade with as after that no one will need to trade it with USD when USD will not remain a global currency.
it will never happen I know bitcoin is the currency but in the trade remains in need of other currencies as the comparison value of the currency itself like now usd is one currency that is very popular in the investment.