The Best Store Of Value: Dollar or Bitcoin?

11 months ago

The Best Store Of Value: Dollar or Bitcoin?

Is it unfair to compare the "Dollar" a medium of exchange for goods and services to "Bitcoin" which is the best asset in the 21 century and also a medium of exchange for goods and services depending on the seller and buyer, I know a lot of people that are not yet into the crypto space because they do not understand it will go for Dollar, while those who know about crypto and how it works will definitely go for Bitcoin because no matter how much Bitcoin value drops based on dollar valuation in this bear market, it will always bounce back to give us a new all-time high and more value for our money invested, so it will be wise to buy now during the bear market dip, so can enjoy your profit during the bull market pump.

As I said earlier, you can not compare the dollar with Bitcoin, The dollar is a medium of exchange not an asset like Bitcoin, so in my opinion, Bitcoin is the best store of value out of the two of them. The dollar is designed to be inflationary in our debt-based system and is used to buy goods, services, and assets NOT hoard away to lose value. The U.S. Dollar is your money over infinity and Bitcoin is your money over 21 million fixed total supply as the picture above clearly represents, Bitcoin can not be printed out of thin air but the dollar can if the government wants to do so.

This year alone a lot of banks has crashed, with customers' money in them, which has shown people that it is time for them to be their own banks either by moving the funds from their bank accounts to buy a crypto asset like Bitcoin that can retain the value of their money invested and also have the potential of making them more money which is a double win in my books or saves their fund in stablecoins like USDT or Hive's own stablecoin HBD, while the buying power of fiat currencies keep going down. Be smart with your money and invest wisely.