jak1 (OP)
|
|
April 18, 2016, 09:12:58 AM |
|
Do you have any idea when Bitcoin will come in his currency note, just like other currencies note.??
|
|
|
|
arwin100
|
|
April 18, 2016, 09:39:14 AM |
|
Do you have any idea when Bitcoin will come in his currency note, just like other currencies note.??
I dont think it will happen because it has no country origin and unlike anyother curriences note they have curriencies. And they habe laws regarding to their currencies note. All i can say it will never happen it will remain to its digital status and thats good for it now.
|
|
|
|
7788bitcoin
Legendary
Offline
Activity: 2282
Merit: 1023
|
|
April 18, 2016, 10:28:33 AM |
|
Bitcoin is a digital currency and will remain as it is. There is no need for physical notes for bitcoin.
|
|
|
|
tiggytomb
Legendary
Offline
Activity: 1848
Merit: 1000
|
|
April 18, 2016, 11:00:59 AM |
|
I don't think this will happen, there are vouchers you can create but in terms of a 5 bitcoin note just can't see it happening it just isn't what bitcoin is about.
|
|
|
|
Digital_Lord
|
|
April 18, 2016, 12:47:27 PM |
|
bitcoin is fully designed as decentralized and digital. and there is no chance to happen this nearly future. but if devoloper do something and make paper notes of bitcoin. I think afterward using bitcoin physically will be more easily. buying selling. spending and collecting.
|
|
|
|
Elongo
Newbie
Offline
Activity: 1
Merit: 0
|
|
April 18, 2016, 01:19:41 PM |
|
Ask Satoshi to use his 1 million bitcoin to buy big island/lands and make his/her/their own country So, Satoshi or trusted company who can make paper notes of bitcoin. But, i think we can modify paper wallet to be paper notes/bank cheque. Good idea Lol. I actually think it would be pretty cool if Bitcoins became a physical thing. Then more shops would start accepting it and it would become more used and recognized as a real currency.
|
|
|
|
NUFCrichard
Legendary
Offline
Activity: 1218
Merit: 1003
|
|
April 18, 2016, 01:21:50 PM |
|
Ask Satoshi to use his 1 million bitcoin to buy big island/lands and make his/her/their own country So, Satoshi or trusted company who can make paper notes of bitcoin. But, i think we can modify paper wallet to be paper notes/bank cheque. Good idea Lol. I actually think it would be pretty cool if Bitcoins became a physical thing. Then more shops would start accepting it and it would become more used and recognized as a real currency. Yes, and maybe run by a central authority who can print as much of it as they please. If they they get rid of the blockchain too. I think it will really catch on, I can even imagine America using such a currency!
|
|
|
|
twister
|
|
April 18, 2016, 01:27:36 PM |
|
Do you have any idea when Bitcoin will come in his currency note, just like other currencies note.??
Are you implying that bitcoin is male? How do you suppose that the currency notes be printed and spent? Bitcoin(s) are owned by controlling the key(s) to the address(es) which has the funds, you can't print notes and give it to others without printing the key to it and if you print the keys on notes any one who acquires them can transfer the coins from that note to their own wallet, making the notes USELESS. Think through before asking these kind of questions jak1.
|
|
|
|
hasiramasenju
Legendary
Offline
Activity: 980
Merit: 1000
|
|
April 18, 2016, 01:57:19 PM |
|
Do you have any idea when Bitcoin will come in his currency note, just like other currencies note.??
i don't have idea to says because bitcoin is digital currency and very difficult to bitcoin will be for currency note and i guess bitcoin will never be such that
|
|
|
|
KennyR
|
|
April 18, 2016, 02:20:46 PM |
|
Do you have any idea when Bitcoin will come in his currency note, just like other currencies note.??
The possibilities are very low. If bitcoin gets the physical currency the decentralization of the bitcoin will be affected, which really makes some impact in digital currencies growth.
|
|
|
|
SFR10
Legendary
Offline
Activity: 3164
Merit: 3526
Crypto Swap Exchange
|
|
April 18, 2016, 02:24:43 PM |
|
Officially there aren't any physical notes (like a normal currency) but some have made a custom made ones (unofficial), more like just for fun (can't find their links). IMO there won't be any of them (officially) any time soon or rather never will happen since the whole purpose of BTCitcoin is something different and by doing this, a part of it's purpose will be gone.
|
|
|
|
ATguy
|
|
April 18, 2016, 02:32:26 PM |
|
Do you have any idea when Bitcoin will come in his currency note, just like other currencies note.??
The possibilities are very low. If bitcoin gets the physical currency the decentralization of the bitcoin will be affected, which really makes some impact in digital currencies growth. There are physical Bitcoins already, so its to everyone how much putting trust to these physical Bitcoins (trusting the coin has really hidden private key noone else have copy of). So Bitcoin is not affected if someone create physical Bitcoins, even if used widely, you still have option whether you trust these physical Bitcoins and accept them, or you dont.
|
|
|
|
idev
|
|
April 18, 2016, 03:11:17 PM |
|
There used to be a couple of companies that used to provide physical notes a while back like bitnotes. Not sure if them or other alternatives are still available nowadays.
|
|
|
|
DimensionZ
Sr. Member
Offline
Activity: 350
Merit: 251
Shit, did I leave the stove on?
|
|
April 18, 2016, 03:24:26 PM |
|
Bitcoin is a variation of digital money and as such it can't have printed bills that same way as government-issued banknotes are generated for the population. But I think paper wallets can act as paper Bitcoin money. You give someone a paper waller with the desired denomination in Bitcoin and you have transacted Bitcoin physically in the real world.
|
|
|
|
Yakamoto
Legendary
Offline
Activity: 1218
Merit: 1007
|
|
April 18, 2016, 03:28:40 PM |
|
There will be no currency notes distributed for Bitcoin unless they are individuals' wallets with some Bitcoin stored on a holographic signature or QR code.
Having Bitcoin currency notes insinuates that there is a central authority distributing them, which directly works against Bitcoin's core values.
|
|
|
|
Kprawn
Legendary
Offline
Activity: 1904
Merit: 1074
|
|
April 18, 2016, 03:32:53 PM |
|
The whole idea with Bitcoin, is to do away with the old way {fiat currency} and to replace it with a digital token. Why would we want to go back to something that has failed? Who will issue these notes? Bitcoin is digital and it is decentralized for a purpose .... This makes it fast and easy to use and it also takes away the manipulation aspect of it. Currently governments are printing money as if it is going out of fashion. The closest you will come to Bitcoin on paper, is when you print out your paper wallet on Bitaddress.org.
|
|
|
|
Denker
Legendary
Offline
Activity: 1442
Merit: 1016
|
|
April 18, 2016, 03:45:21 PM |
|
Why you want a physical note? Bitcoin is pure digital! If you pay with it you use your computer or smartphone.This is where the technology of today's other payments systems is heading into as well. If ou wanna have something physical get an Bitcoin debit card.There are several good providers out there.
|
|
|
|
NorrisK
Legendary
Offline
Activity: 1946
Merit: 1007
|
|
April 18, 2016, 04:19:02 PM |
|
I don't really understand why you would want to carry notes with you...
Times are changing, and so is our perception of money. It does not need to be physical anymore and with bitcoin you don't even need to trust anyone backing it also.
Just carry your phone with you and you can make payments at more and more places every day. No need for notes.
|
|
|
|
RodeoX
Legendary
Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
|
|
April 18, 2016, 04:25:56 PM |
|
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.
|
|
|
|
geopolisch
|
|
April 18, 2016, 04:36:23 PM |
|
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.
|
|
|
|
|