Quote from: olamidey on July 20, 2019, 01:32:58 PM

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?

They're are completely different in all ways. With different uses and benefits. For wider usage and acceptance, USD as more countries use it to pair against their currency which makes it much more in demand and in circulation. And of course, legitimately. Bitcoin is not yet accepted worldwide even though lots of people are using it.

But for traders, when BTC is going down, convert to USD to stabilize your funds and once BTC picks up, buy back so you can enjoy some profits and be safe

right, both have opposite properties. and for now the USD is accepted in all countries, but not with bitcoin. but if we talk about the future, I think bitcoin is more flexible to deal with increasingly complex economic conditions