Post
Topic
Board Economics
Re: USD vs BTC
by
richardsNY
on 24/05/2017, 20:45:08 UTC
Yes I agree the acceptance of the USD is more popular than the bitcoin and people still love the physical existence of the currency in form of a metal coin or a paper note instead of the digital currency which they cannot carry like a USD in the pockets. Therefore the USD is preferred.

Physical money will always have a place in the world economy, but everything is becoming more and more digital. I personally almost never pay with physical money anymore, as I just use my smartphone or bank card to complete purchases. It's a trend that is only getting stronger among the younger generation. At some point the majority of the people in modern economies will ditch physical money as it will become more and more obsolete -- it's just a matter of time.