Bitcoin came out as a virtual currency. Because of that, the people took an interest in it. If it changes into a paper note or tangible currency, it will lose its point of interest among people. It is better if crypto currency, especially bitcoins remains as a n intangible currency.
My opinion is that Bitcoin does not appear in paper form. Bitcoin is becoming more popular and appreciated because of its higher circulation than the paper used. It saves the human future a lot of space and property used in the production process as well as the money. This is a step backwards if Bitcoin is in paper form. 
Topic: Bitcoin As Paper Notes Useful? thoughts? - page 3. (Read 571 times)
Bitcoin came out as a virtual currency. Because of that, the people took an interest in it. If it changes into a paper note or tangible currency, it will lose its point of interest among people. It is better if crypto currency, especially bitcoins remains as a n intangible currency.
Bitcoin is an online based cryptocurrency with blockchain network, so it wouldn't make sense if it comes in hardware form. Besides ,those who are not able to access the Internet, they would have other ways of transaction which would be much more convenient rather than "paper note" Bitcoin.
Not useful
It's called cryptocurrency, and not fiat currency
Ofcourse when bitcoin is turned to paper note, then it will have to follow the trend the banking sectors are following and it will be agl great disaster
It's called cryptocurrency, and not fiat currency
Ofcourse when bitcoin is turned to paper note, then it will have to follow the trend the banking sectors are following and it will be agl great disaster
well thank you so much for asking this question but I am afraid that i don't have clear idea about this topic,and to be frank most of users are also not aware about this gamaing networks yet, there are lots of way and sites are available in this trading market it is difficult for some one identify all of them.
Not at all. This will hamper the virtuality feature of bitcoin. So this will not be wise to make bitcoin paper nores. The digital crypto bitcoin cannot have a hard copy.
It is called cryptocurrency for the purpose of a currency over internet, bringing it out is in congruence with it's purpose (to be a currency in the internet)
So it might be cool at first but when you think these things over you will realize that there are more disadvantages in what you have said about the notes, so better stay at is and do what it should do
So it might be cool at first but when you think these things over you will realize that there are more disadvantages in what you have said about the notes, so better stay at is and do what it should do
Even paper notes used for traditional currencies are going the way of the dinosaur, most countries are reducing the production of note-based fiat and are instead switching to credit and digital money systems. For those countries that still use notes, there is a broad overall push towards high durability polymers due to the wear and tear that usually befalls paper cash.
No i am not agree with this statement because if bitcoin do this then it will like fiat money. In recent time bitcoin gets acceptance by some countries government it’s a good news for them. Now they will become more popular.
Yes that is reason i put that topic in the form based on that actions of that company in May with doing paper notes, but way it works for that, is almost the reverse of fiat bank notes, the actual paper notes they have in BTC have no actual value till scanned by your phone or a device,
so its almost like carrying a paper wallet around almost,
but i figure it be interesting to get thoughts on this issue, as a what if scenario? if this could be something that be useful?
so its almost like carrying a paper wallet around almost,
but i figure it be interesting to get thoughts on this issue, as a what if scenario? if this could be something that be useful?
I don't understand, Bitcoin is a digital currency and it will always be. Why would it want to go back to paper based? Instead it should be pushing towards eliminating any form of paper money.
This is the reason i made this post about BTC in a paper format
check this article out from Singapore
https://news.bitcoin.com/bitcoin-smart-banknotes/
check this article out from Singapore
https://news.bitcoin.com/bitcoin-smart-banknotes/
paper notes will survive long, unless any government pushes people to go cashless. but these guys are very enthusiastic about Bitcoin taking over fiat in 10 years https://www.bitcoinmarketinsider.com/bitcoin-will-replace-traditional-currency-within-ten-years/
In an advanced country, it may take 10 years to move to crypto by leaving cash. But for a new country, it still takes a long and long process. Which will all use blockchain technology if you do not want to be left behind
paper notes will survive long, unless any government pushes people to go cashless. but these guys are very enthusiastic about Bitcoin taking over fiat in 10 years https://www.bitcoinmarketinsider.com/bitcoin-will-replace-traditional-currency-within-ten-years/
I know there was some company experimenting with paper notes to help people who have not internet use BTC.
that's silly! and wrong!
you wouldn't be using bitcoin if you use these "paper notes". you would be using some piece of paper that has value only as much as the person printing them. it may not even be legal to do something like that and if the government starts looking into them and closes their shop, those "paper notes" value can drop to zero.
Agreed. Bitcoin is meant to push people towards tech usage and it gains its value through the technology it's used on too. Putting it on paper notes offers some kind of centralization (who's making those notes?) as well as removes the technological aspect of Bitcoin itself. The whole point of a new currency is to be new and unique. Pushing it to be just like every other currency goes against any change that might come from it, so there's no reason to go ahead with that plan.
If the bitcoin price was more stable,paper notes would have been a great way to adopt bitcoin in third world countries,that don`t have stable national currencies and most of the population don`t have electricity and computers.Anyway,the btc volatility ruins that idea.
In this modern world,even most of the fiat money is in digitized form so there is no need to convert an digital money into physical form and I don't think there is any way to do that even if someone wanted to do that.But we can do one thing we can store our bitcoin into an paper wallet where we have physical form for bitcoin (Maybe).
your thoughts? pros and cons to this concept.?
to be honest I don't see any pros, all I see is cons to this.
it has been discussed before too, many times. some people want to see bitcoin in physical form but even they would never use it in that form because it would require trusting that centralized entity that is issuing those physical coins.
there is one way of doing it such as the collectible physical coins but they are only used for collection not for transactions and they do actually contain private keys which you can reveal and spend them.
besides why would anyone want to use paper bitcoin when there is paper fiat?
I think we're veering away from the purpose of Bitcoin if we're going to create them as paper notes. Bitcoin is a digital currency, let's leave it that way.
I know there was some company experimenting with paper notes to help people who have not internet use BTC.
that's silly! and wrong!
you wouldn't be using bitcoin if you use these "paper notes". you would be using some piece of paper that has value only as much as the person printing them. it may not even be legal to do something like that and if the government starts looking into them and closes their shop, those "paper notes" value can drop to zero.
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