Post
Topic
Board Economics
Re: USD vs BTC
by
mirakal
on 14/11/2016, 05:13:38 UTC
If Dollar dies, everything dies. Simple as that.

Simple Logic: If bitcoin was better than Dollars, why does everyone freak out when we see a crash? If bitcoin was that good, you wouldn't give a fuck about the price drops right?
simple but correct answers from you because i could not imagine if someday dollar crash or even dies that will have bad effect to the most of countries in this world but if bitcoin dies or dropped there is no bad influence for the countries but crash price for bitcoin only have bad effect for bitcoin users that's why bitcoin will never beat dollar 
Yeah I agree with you both that bitcoin won't even pose a challenge to the usd in a very long time. although it may be that bitcoin will be widely used in the future, the dollar is far too superior than any cryptocurrency and I think that would be the same in decades to come. but I think not all currencies actually depend on the dollar here. it may be that the dollar is where most currencies base but not all are dependent on it.
I'm used to make the Internet a single currency, and then change the money for dollars and this implies that the dollar is more like it. Just a bitcoin is nowhere to go at all. In the neighborhood I do not know whether there is at least one store that accepts bitcoin. So the dollar is still needed.
The dollar is still more affordable than any other currency. So if bitcoin attempt to move the dollar from legitimate laurel, the world market in general will begin a revolution after the country will begin to pour their wealth.

That's the fact that people are more likely to depend with dollars as it is the most used currency and many local currencies are depending with it. But there is no need for comparison of bitcoin to USD for they are both important to all of us. It is just depending on how you will use those currencies and of course USD will always be used.
Exactly, USA is a big country and they have a good economy and I would not be surprise if majority of bitcoin users are coming from america. If US will intend to use bitcoin which I doubt then probably we will have a better economy as people will really adopt which makes the price to skyrocket.