Post
Topic
Board Economics
Re: USD vs BTC
by
gabmen
on 23/10/2016, 11:02:47 UTC
i think that usd is more popular to the people beacuse it's the currency of america and bitcoin is just a crypto currency and use by the people in the internet.However,bitcoin is more valuable than usd Smiley

Value is not everything in this case, because even if the value of bitcoin is higher but still USD will win the competition as the use of USD is more than bitcoin in the world, and if we convert all the bitcoins to dollars then that is possible but it wont be possible to convert all the dollars into bitcoin because bitcoin has a limited amount.
indeed. For the moment, every currency, even bitcoin is still based on the dollar and that would tell you how powerful the dollar still is. Though we can't really tell for sure in the future, but for now and the following couple of years, i think the dollar would still dominate the market