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Topic: Make bitcoin?impossible? - page 4. (Read 2336 times)

hero member
Activity: 1806
Merit: 672
August 11, 2016, 06:38:39 AM
#8
Are you saying making BTC into a real physical money or a gold coin or something? Then it will lose its functionality. You won't be able to transact online and it won't be any convenient to anybody as it is a physical coin. There won't be any satoshis available for us only 1 BTC as the lowest money. Also The govt won't allow it to be circulated. 
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
August 11, 2016, 06:34:08 AM
#7
Hey all,i'm just curious.
Why we not made own bitcoin like on real world make 'fake money'?
If we make bitcoin like we make real money thats possible or not?

i am not sure about what you are trying to ask here but if you are talking about making fake bitcoin as it is possible to make fake money, then i suggest you read more about how bitcoin works and how it is being created. you can not do such thing with bitcoin.

please make you question more clear so we can explain better.
legendary
Activity: 1162
Merit: 1000
August 11, 2016, 06:30:38 AM
#6
Hey all,i'm just curious.

Why we not made own bitcoin like on real world make 'fake money'?

If we make bitcoin like we make real money thats possible or not?
I think you can not, bitcoin is bitcoin. although we will make the coin then we will make altcoin.
because bitcoin stand-alone and has a different algorithm.
hero member
Activity: 840
Merit: 501
August 11, 2016, 06:29:46 AM
#5
I dont think that will possible, imagine everyone is making new money, it will be disaster in everywhere and then it will be impossible to determine the value of the coin, so in order to make new coin or money you need to attract people to use your money so your money has the value of transactions
hero member
Activity: 756
Merit: 500
August 11, 2016, 06:22:45 AM
#4
Yeah, I also think like that. But if that's the case, then chaos will happen in every country. Because the bitcoin is a currency that does not have an nationalities who created, so if it's made (real money) then we will get the high taxes and cost of each use bitcoin will be higher
legendary
Activity: 1946
Merit: 1007
August 11, 2016, 05:57:59 AM
#3
I think TS means if we can make counterfeit bitcoin and spend them like they were real bitcoin.

This is fortunately not possible, because every transaction is checked by the nodes. If the input of the transaction is not correct, the nodes will reject it.

One of the beauties of bitcoin is that it is not possible to make fake coins on the main bitcoin chain. You can make a different bitcoin chain (fork) though, but nobody will accept transactions from that chain.
staff
Activity: 3500
Merit: 6152
August 11, 2016, 05:54:49 AM
#2
I will assume that "real money" means "physical money" and "fake money" means "virtual money"  since I didn't fully understand what you are trying to say here.
If you mean physical coins , then I guess they was creating them at some point and for some reasons they stopped ? I'm not sure why , see here : http://www.coindesk.com/10-physical-bitcoins-good-bad-ugly/
hero member
Activity: 698
Merit: 503
Substantiate your success.
August 11, 2016, 05:39:00 AM
#1
Hey all,i'm just curious.

Why we not made own bitcoin like on real world make 'fake money'?

If we make bitcoin like we make real money thats possible or not?
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