Post
Topic
Board Bitcoin Discussion
Re: Why compare BTC to USD?
by
romandos86
on 20/02/2018, 11:13:51 UTC
When people talk about Bitcoin price, they usually refer to its price expressed in dollars. I really don't understand why...

US Dollar is going down in price, US economy is collapsing. There are many other countries which has more Bitcoin users, like Russia, China, Japan, Philippines and the whole Eurozone. Even ICOs are forbidden in the USA. It's not a so Bitcoin-friendly country, its national currency is not so strong. So why price Bitcoin in $?

There could be many other more appropriate currencies like EUR, CNY or RUB...

Only 1 question!If American national currency isn't so strong, tell me why the most countries in the world keeping their strategic reserves in dollars?))Dollar is the most valuable currency in the world. Therefore, when we try to understand how much bitcoin costs we use dollars)