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Digital Dollar To Be ‘In Competition’ With Bitcoin
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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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So I've been wondering, if the USD collapses is BTC directly affected since it's traded on the US stock exchange? It seems that if the dollar fails, then the economy will fail, which in turn will ruin wall street, and if stock prices plummet then value of BTC will fall making it worthless. Is there any truth to this thought or am I just pissing in the wind?
Bitcoin - US Dollar Chart (BTC/USD) Conversion rate for Bitcoin to USD for today is $10,629.73. It has a current circulating supply of 18.5 Million coins and a total volume exchanged of $17,005,714,417 Bitcoin's value has soared over recent years, with the bitcoin price climbing to around $20,000 per ... [+] bitcoin in late 2017. While the bitcoin price has fallen by almost half since then, it ... Bitcoin Price (BTC USD): Get all information on the Bitcoin to US-Dollar Exchange Rate including Charts, News and Realtime Price. Now that Bitcoin is almost $10,000, investors are once again getting curious about this relatively new investment asset. Questions are always asking whether it is the right time to buy, but with a ... The Crypto Daily – Movers and Shakers – September 27th, 2020. It’s a mixed start to the day for the majors. A Bitcoin move back through to $10,800 levels would support the broader market.
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