Post
Topic
Board Economics
Re: USD vs BTC
by
Natalim
on 07/11/2016, 04:49:06 UTC
Bitcoin is digital currency and also one of the commodity like gold. It cannot be replaced with USD, still major countries are not still not accepting bitcoin as one of their option. It will take lot of time to establish a digital currency into physical one.
yeah bitcoin is digital currency and you are right that bitcoin is still not acceptable in some countries but i hope bitcoin will be sooner acceptable in everywhere in all world in the near future and i am sure bitcoin can be appear in physical shape in few years .
you are right that is still not acceptable in some country but i am sure bitcoin will be soon acceptable in these country and then will be use bitcoin for anything to buy with bitcoin and bitcoin going to more advance .

Just give sometime for bitcoin and it will be adopted but a lot of stores in the near future. And we don't need to think that USD will be replaced by bitcoin or vice versa. Because they are both associated for each transactions and they are playing both an important role in the market. Bitcoin depends on USD and USD is getting profit from bitcoin.
Time is really important so we need to have a lot of patience to be able to see more stores accepting bitcoin. I am not in a hurry because so far bitcoin is profitable to me, i would only invest it for now since there's a limited use of bitcoin online and time will come I can fully get the benefits of using it in online transaction.