Re: BTC vs USD - Which one is better?

Quote from: marketingnerd on May 22, 2019, 01:58:23 PM

These guys have some interesting stuff going on here https://cryptotradernews.com/cryptocurrency/bitcoin-vs-usd-for-storing-value-purposes/

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?

Apparently, you are choosing between Bitcoin and USD on the basis of which is a better currency between the two. Furthermore, on that basis, the ability to spend it anywhere is being given a certain weight. I am also for USD, on that basis at least. You can indeed spend USD wherever you are. That is certainly more convenient to use as a currency. However, on the basis of value, I would not think twice of choosing Bitcoin over USD. And on the basis of ownership, Bitcoin is owned by me and USD is not. And so I would choose BTC over USD.