Post
Topic
Board Economics
Re: USD vs BTC
by
BitHodler
on 09/11/2016, 11:13:33 UTC
I never contrasted these two currencies. They're both good. Each on its own way. Each of these currencies has its drawbacks and benefits. Anyone who knows how to use both of them are very good financier

They are certainly both good especially for us who uses bitcoin, because we need to convert bitcoin with USD and that is what the bitcoin is depending its value. And if we will just combine them both they will going to be a very powerful type of currency that has being used worldwide. I hope to see that bitcoin was being used by billions of people living in this world.
Bitcoin being used by billions of people around the globe is just a fantasy with zero chances of actually happening. The media and mainly the government will make sure of that.

There is no way that governments will let Bitcoin grow to a level where it's being used by the billions. Mainly because it will significantly impact their own economy.

If the governments wants to prevent you from having one thing, then it will be the fact that Bitcoin gives people financial freedom.

You being able to operate outside the banking and governmental system is an absolute nightmare for them. Right now while Bitcoin is still a tiny dot, they somewhat tolerate it, but that won't always be the case.