Post
Topic
Board Economics
Re: USD vs BTC
by
salmanahmedone
on 28/11/2016, 18:46:19 UTC
is bitcoin more popular than US Dollar ?

Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life.
yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc.
yep. that's what i love about bitcoins it's more applicable all over the world than other currency because in us dollar you're gonna need to change it first on money changer before you could use it if you're not living in united states. and i heard that there's a company that accepting bitcoins as their method in their transactions that's why i preferred bitcoins than us dollar Smiley
Well, there are countries where you can use dollars in daily life and in a lot of countries with important tourism you can use dollars in the tourist zone without any problems.
That's because dollar is popular and most countries accept dollars, in our country dollar has a good value versus our currency and when I earn here it has a good conversion.

Presently, USD has more fans than bitcoin. Because everybody is well aware of the value of US dollar. But in future, bitcoin will over take USD dollars.