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Topic: When Bitcoin will come in his currency NOTE?? (Read 1725 times)

sr. member
Activity: 375
Merit: 250
 When Bitcoin will come in his currency NOTE??

well, that wont be necessary ,because Bitcoins is a digital currency that's why its called DECENTRALIZED which means
no banks,no goverment can control it.  Undecided
hero member
Activity: 826
Merit: 1000
Do you have any idea when Bitcoin will come in his currency note, just like other currencies note.??
I strongly believe that Bitcoin should remain in the form as it is now.
If we change its form to Paper type, then whats the difference between Bitcoin and Fiat Currency and what is need for it.
sr. member
Activity: 294
Merit: 250
I think bitcoin is better as it ,because in this time bitcoin doesn't need in his currency note, if we think bitcoin will need currency note, so who country will made bitcoin's currency note.than bitcoin will be face many difficulties.  
Currency note?i dont understand with this,can anyone explain me about this? but i just think bitcoin dotn need any changes,its been the best on it place with lead crypto currency.
legendary
Activity: 1904
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legendary
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I think bitcoin is better as it ,because in this time bitcoin doesn't need in his currency note, if we think bitcoin will need currency note, so who country will made bitcoin's currency note.than bitcoin will be face many difficulties. 
Yeah bitcoin is unique, it differs from other currencies only by its nature. If it is made as a real currency note where will we use it as it is not accepted by most countries and can't be used locally, so if these changes are made bitcoin will definitely suffer.
sr. member
Activity: 392
Merit: 250
I think bitcoin is better as it ,because in this time bitcoin doesn't need in his currency note, if we think bitcoin will need currency note, so who country will made bitcoin's currency note.than bitcoin will be face many difficulties. 

I cannot imagine to see bitcoin in a currency note in near future as first of all the Governments will never make it happen, but if bitcoin is available in physical form then we will see many new users adopting it, as people want to have something that they can hold physically.
hero member
Activity: 2506
Merit: 645
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I think bitcoin is better as it ,because in this time bitcoin doesn't need in his currency note, if we think bitcoin will need currency note, so who country will made bitcoin's currency note.than bitcoin will be face many difficulties. 
legendary
Activity: 2380
Merit: 1026
There is also a ton of paper wallets (treat them as notes). The only point in them is to use in a brick-and-mortar store that accepts Bitcoins when your smartphone's battery's gone dead. Otherwise, there are too many shortcomings of paper Bitcoins.. There were stories of people accidentally washing them together with jeans, for example.
Paper wallets Is not even close to money, this is combination of public and private key, maybe it is on paper but this is only because we need more accessibilities. Paper wallet is perfect for disposable.
newbie
Activity: 10
Merit: 0
There were Casascius Bitcoins, physical coins of brass which contained a private key and a physical address. Since November 2013, they are just souvenirs with no real Bitcoin worth. Now, there are other manufacturers of physical Bitcoins (coins): some even come in silver (Alitin, etc) or gold (Titan, etc). There are plenty of them - just google:)
Such physical Bitcoins, however, serve more as collectibles or gifts. There is no point of using them on the regular basis (due to a number of reasons stated above).

There is also a ton of paper wallets (treat them as notes). The only point in them is to use in a brick-and-mortar store that accepts Bitcoins when your smartphone's battery's gone dead. Otherwise, there are too many shortcomings of paper Bitcoins.. There were stories of people accidentally washing them together with jeans, for example.
sr. member
Activity: 280
Merit: 250
The problem I see is that while the bitcoin network can mathematically protect virtual coins, a paper note is easy to counterfeit. There is really no way around this that I know of.

The structure of bitcoin is entirely different from the currency note and it will not be possible to print notes as there is no
physical value of this.


Actually bitcoin has no country name, and it is digital currency so it is different from the note currency, personally i don't think that it might be possible that bitcoin will be come on currency note.
mkc
hero member
Activity: 517
Merit: 501
You can create one yourself, all you need to is saying, whoever own this note, mail it to you, you will send how much Bitcoin to his address.
Oh well, i think a company with enough money and Bitcoin can do this. Of course why will he do this, what is the benefit for him and general public? Since Bitcoin is very easy to carry, paper note offer no value at all,
sr. member
Activity: 280
Merit: 250
Bitcoin is a digital currency and will remain as it is. There is no need for physical notes for bitcoin.

Yes you are absolutely right, i really like your answer, if anyone ask me that question, so my answer will be same, i know bitcoin will remain as it is, but mostly people think that after passing the time bitcoin will be changed in note. but i always say that no. so mostly people can know about this point. 
hero member
Activity: 854
Merit: 1009
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We really don't need this and those Judas who proposed this as something useful and good, don't have good intentions. Bitcoin is digital money and we must protect him using btcs only on blockchain not on paper.
This not including paper wallets and one time codes..
I know we have some purists in how bitcoin should operate but I tend to follow the idea that the more options people have to get bitcoin the better.
If they need something physical to hold so be it. Also like the idea of picking up bitcoin at a gas station like the credit cards that are prepaid.

Bitcoin could have a fractonal reserve built on it.

But here is the catch, if the debt scheme collapses, they cant print bitcoins to ease the collapse.

Therefore bitcoin will never be the fiat money of choice of bankers.

And those that will use bitcoin's fiat form, will just simply lose, but the risk will be contained to those suckers, as the digital bitcoin cannot be counterfeited.
legendary
Activity: 3094
Merit: 1472
Do you have any idea when Bitcoin will come in his currency note, just like other currencies note.??

Well bitcoin is a digital or virtual currency which was developed in a way to handle it electronically and i don't think that it will ever come up in form of physical currencies like notes or coins etc..Moreover bitcoin was developed with a purpose to handle e-transactions .So i don't think whatever you asked here will ever happen.
member
Activity: 84
Merit: 10
I know we have some purists in how bitcoin should operate but I tend to follow the idea that the more options people have to get bitcoin the better.
If they need something physical to hold so be it. Also like the idea of picking up bitcoin at a gas station like the credit cards that are prepaid.
legendary
Activity: 2380
Merit: 1026
We really don't need this and those Judas who proposed this as something useful and good, don't have good intentions. Bitcoin is digital money and we must protect him using btcs only on blockchain not on paper.
This not including paper wallets and one time codes..
legendary
Activity: 2604
Merit: 1036
Bitcoin being a decentralized crypto currency there is no one on the helm with the authority to issue paper Bitcoin bills like in centralized governments. I think you have 2 options. The first one is to buy cheap Bitcoin physical coins and load them with the desired amounts. The 2nd one is to print paper wallets and load them as well with different amounts. So now you have physical paper bills and coins with Bitcoin digital money in your hands. Cheers  Grin
hero member
Activity: 1106
Merit: 521
Do you have any idea when Bitcoin will come in his currency note, just like other currencies note.??

Ahh that will be a never, currency is just the 1st app of bitcoin it is so much more than just a currency..... Wink
legendary
Activity: 3248
Merit: 1072
cash require trust, unless you're telling me that you can produce it without a central autorithy which would mean falsification like no tomorrow

this might also destroy the already not 100% decentralized aspect of bitcoin
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Do you have any idea when Bitcoin will come in his currency note, just like other currencies note.??

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