Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin the dollar equivalent?
by
Sumo
on 07/03/2018, 17:36:45 UTC
If we compare the crypto assets market to the stocks markets in general, can Bitcoin be considerated as the equivalent of the dollar?
In the stock exchage we buy shares with dollars.
In the cryptocurrencies exchanges we buy tokens or coins with bitcoins(and other cryptocurrencies, Litecoins, etc).
No, that's not quite true. Bitcoin can be bought for dollars, but not everywhere. Bitcoin has many other functions. Economic and practical.