Pages:
Author

Topic: Do you wish to have physical notes, coins for bitcoin? - page 5. (Read 1908 times)

full member
Activity: 546
Merit: 100
burst.money
I wish to have only digital assets besides of physical notes ...if bank and government agencies accept bitcoin as legal in my country I will open a digital bank for bitcoin.
hero member
Activity: 1065
Merit: 510
I wish there would be coins for bitcoin so that you are so very relief that you are holding your bitcoins if there is. And also it will represent the bitcoin in physical not just a system and a cryptocurrency but also a currency in real life Smiley In the future I hope it will exist.
I do feel your optimism but these thing wont really happen since its not the way on why satoshi do create bitcoin for that purpose. All would be on digital because if it do comes to a point where it would be on physical then i dont see its difference into a common local fiat. Just leave as it should be and about physical notes ,its possible but private keys and 3rd parties should really be trustable but i dont see this would be effective.
member
Activity: 280
Merit: 10
I wish there would be coins for bitcoin so that you are so very relief that you are holding your bitcoins if there is. And also it will represent the bitcoin in physical not just a system and a cryptocurrency but also a currency in real life Smiley In the future I hope it will exist.
It's the right thing to do for currency to survive and so much more. As it appears, society is changing and developing rapidly. Helping people change comprehensively and increasing the need for life. And in the future it will grow stronger.
full member
Activity: 363
Merit: 101
That would be highly superfluous. Crypto currency is changing the way we view money, not imitating it.
All the crypto currencies which there are virtual currencies and that they don’t have any kind of physical existence and that even the ones who own these crypto coins cannot see or touch them. I don’t think so that anything like that of physical notes will ever happen and that these crypto currencies will remain the way they are for now and that they will keep on helping the investors in making huge money.
newbie
Activity: 94
Merit: 0
Yeah you can't have a physical asset for the Bitcoin - how are you supposed to trade it if the Bitcoin was in notes/coins - I guess the only real equivalent would be a paper wallet but you can't have a physical reusuable currency like cash.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
It would require a third party to create it and we would have to trust them not to ravage us.

The closest equivalent is Casascius coins. Many coin creators who are not Casascius wound up raping their customers. If it's not online then it can't be verified.
sr. member
Activity: 840
Merit: 252
I wish there would be coins for bitcoin so that you are so very relief that you are holding your bitcoins if there is. And also it will represent the bitcoin in physical not just a system and a cryptocurrency but also a currency in real life Smiley In the future I hope it will exist.
newbie
Activity: 61
Merit: 0
Nope i assume bitcoin is pleasant the manner it's far, this is the entire factor of being a virtual foreign money so we will transact cash digitally and not bodily. and that i suppose it is more convenient this way cause some countries has some limit on how a whole lot amount you can carry out of your u . s . to some other u . s . a ., and bodily currency is tough to switch particularly if it is lots.
member
Activity: 462
Merit: 14
How it would be when we have a physical bitcoin currency note? Do they already exist? If created, will it impact the market growth and loose it's value in the market?  Any thoughts?

It is not possible to have BTC in physical currency. The only charm of bitcoin is the blockchain or digital currency. Let's suppose if someone is going to have it physically then how to spend it ? We have to take care of the platform on which BTC is built. It's value fluctuates every moment, but physical currencies have their fixed value. I think it will create many problems.
jr. member
Activity: 126
Merit: 1
Bitcoin is a digital currency made to be used online and it is better left that way. Making a physical copy of it will make it lose its aim. Remember this is decentralization and printing it will be what exactly. That's making it centralized, and who will control it's printing. There are some things that should not even be given a second thought. Many people don't know the aim bitcoin is playing and why it was created in the first place. I advice you go back and do your research proper before asking questions.
newbie
Activity: 30
Merit: 0
I don't think it will be possible because we all know that it is cryptocurrency which means it is in the technology and internet thing not like physical thing there are many ways to promote cryptocurrency.
jr. member
Activity: 266
Merit: 2
The Premier Digital Asset Management Ecosystem
That is unnecessary in my opinion. Bitcoin derives it's qualities from the blockchain technology and price volatility. How can it avail those possibilities if it is being carried about in a literal wallet?
Bitcoin isn't rivalling paper currencies. It's rather improving on it
full member
Activity: 1190
Merit: 100
Obviously I wish to have physical notes instead of bitcoin or any other virtual currencies.if all countries simulation accept bitcoin as legally then I wish to have bitcoins.
member
Activity: 385
Merit: 10
When Bitcoin appears on a banknote or coin, I think its value may now be several times higher, and the price of Bitcoin has stabilized, otherwise these items will have no value!
sr. member
Activity: 1400
Merit: 269
Bitcoin is better suited for digital use cause it's way faster and efficient than fiat currency or credit cards. Where if crypto currency where to be made physical it would be risk to be damage and can be easily stolen, burn, wet or be torn into pieces. And the features of bitcoin will be compromise like it's anonymity.
newbie
Activity: 210
Merit: 0
How it would be when we have a physical bitcoin currency note? Do they already exist? If created, will it impact the market growth and loose it's value in the market?  Any thoughts?

I think no need to people to have physical of bitcoin because its very risky  because anytime it can be stolen to us, much better if the investment is keep into digital network to be safe from bad people.
full member
Activity: 458
Merit: 112
i dont want to see bitcoin to be publish in community as physical.
there will be another FIAT case if that will happen.
Bitcoin has its own limit, and people can supply more if it will be in physical appearance.
member
Activity: 364
Merit: 10
The Exchange for EOS Community
The closest to this you will find Is the coins that have private keys imprinted on them. They have been around for a while, I don't really k ow anything about them but I see them in the collectibles section.

Other than that you won't see it like cash today, how would the transactions be verified? How could you be sure the person is handing you a "loaded" amount of paper money?
Well, except for that and since the amount there is not going to be fixed anyway, it is more like just having a cold storage like a paper wallet where you can simply store your digital currency.

In the context that the OP has brought, it is just simply absurd for him to have even asked such questions, and maybe he should go find the bitcoin whitepaper to understand the idea of satoshi about bitcoin and blockchain technology. It is more like while trying to move forward, he is simply trying to ask us to go backward.
Your project is good too. Hope it has the potential in the future.
Will help the community as well as investors.
Good luck.
full member
Activity: 1302
Merit: 100
I  like  both physical notes and bitcoin both.  Some countries don't accept bitcoin because their government and banking don't control bitcoin as their capital markets, so those countries physical notes is appropriate but which countries bitcoin is legal then Bitcoin is appropriate.
jr. member
Activity: 658
Merit: 1
I have not ever seen physical notes of bitcoin but I think your idea is excellent and it need to discuss it widely. Bitcoin is money and it would be very conveniently to use also physical notes like cash, physical notes of shares or bonds, if so, payments with bitcoin will not depend on internet anymore. I am sure that this approach will add popularity to bitcoin among the eldest who does not use internet.
Pages:
Jump to: