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Author Topic: Do you wish to have physical notes, coins for bitcoin?  (Read 1881 times)
engesi
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August 29, 2018, 10:02:47 AM
 #101

If Bitcoin has real things, how should it flow and calculate? I am very curious about this! And I think that only with the support of the government, Bitcoin can appear in kind!

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August 30, 2018, 06:54:34 AM
 #102

it seems that it's not really needed because this bitcoin has been recorded all your transactions are on the blockchain so that you can better use the existing facilities.
Absolutely not needed! And for someone to even be thinking about it, I wonder if they even had an idea what the essence of blockchain technology is all about. Physical notes have played a huge negative part in the world economy since it is controlled and centralized.

Bitcoin is a decentralized space, which is why minting new coins require a lot of energy and effort, and that decentralization is one of the great values it brings which physical notes can never offer.
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August 30, 2018, 07:20:01 AM
 #103

could it possible?  only governments accepted currency have physical notes fiat paper money. but bitcoin is globally online currency and only few countries accepted bitcoin. so physical currency or metal coin is not possible.
That’s right, just having governments’ acceptance so that physical notes or coin for bitcoin can appear in the market like the way of fiat. However, I also agree that we are not necessary to care about whether bitcoin may become physical notes or coin, because as we all know that bitcoin fundamentally characterizes its virtual or digital currency, we mostly exploit the benefits from its anonymous and the likes. Anyways, just let what bitcoin be - a digital currency with big usage.
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August 30, 2018, 07:43:09 AM
 #104

I have not seen Bitcoin's physical notes yet, but I think it should be discussed extensively. Bitcoin will be very convenient to use as well as physical notes such as cash, most importantly because they can be exchanged privately and anonymously without leaving any traces, like cash.
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August 30, 2018, 07:48:07 AM
 #105

If Bitcoin can make out the banknotes, then I will be happy to buy it, and I will use it for preservation, because I really like Bitcoin!
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August 30, 2018, 09:38:23 AM
 #106

I have not seen Bitcoin's physical notes yet, but I think it should be discussed extensively. Bitcoin will be very convenient to use as well as physical notes such as cash, most importantly because they can be exchanged privately and anonymously without leaving any traces, like cash.

bitcoin is not anonymous anymore if they will port it to a physical form . not only that , bitcoin will now also be charged with tax because  it is now controlled by bank or a government . so do you think it will be a good idea for us to be traced and charged by tax ? no right ? then suggesting this idea is not actually a good idea but rather it is the worst idea ever imagined .  

why cant we just think of other suggestion aside from this one ?
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August 30, 2018, 08:06:29 PM
 #107

I wouldn't want bitcoin to become a physical coin or a paper currency. I'm attracted to the cryptocurrency precisely because it's digital money and there is no need to carry it with you, keep it or count it. For me it's very convenient as for the majority. But I read about one case that scammers have managed to sell 2 coins with a bitcoin image to a trusting buyer. It's understandable that this person didn't know at all what bitcoin really is but so simply gave his money. So there are even such stories.
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August 30, 2018, 09:19:57 PM
 #108

I have not seen Bitcoin's physical notes yet, but I think it should be discussed extensively. Bitcoin will be very convenient to use as well as physical notes such as cash, most importantly because they can be exchanged privately and anonymously without leaving any traces, like cash.
I like the idea of exchanging bitcoin without making any trace, but I think if this thing happen who will be the one to print bitcoin? And maybe this market will become more centralized. So I think this is not a good idea and bitcoin is actually a digital currency used to transact online therefore it cannot be seen in real paper money.
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August 31, 2018, 05:41:37 AM
 #109

i would not like to have physical notes because then bitcoin would just be like any other currency currently in the world. bitcoin not actually having a physical currency is what made it so popular in the first place. it the new thing about it that got all the attention and hype about it in the first place. having it only digital reduces lengthy transfer cost or exchange fees , everything is done electronically. this is the main thing that makes bitcoin so attractive.
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August 31, 2018, 06:04:10 AM
 #110

We already have bitcoin in paper and metal form but they are for collectors
and are not mass produced. The general consensus here is that it is not viable
to have notes and coins for everyday transactions of bitcoin

Visit the collectables section of the forum to see the coins > https://bitcointalk.org/index.php?board=217.0
and visit polymerbit for the notes > https://www.polymerbit.com/all-products

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August 31, 2018, 06:49:01 AM
 #111

I don't like to use those things, because it is very troublesome to bring them on the body, I hope Bitcoin can have a more convenient payment method in the phone!

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August 31, 2018, 09:11:10 AM
 #112

It's a digital currency.
There is absolutely no need for real currency notes or coins.
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August 31, 2018, 10:26:42 AM
 #113

Cryptocurrency promotes cashless society and physical representation of it would make the contrary. If that would happen, crypto would have no difference with the fiat currency we have now. Also, it will not happen because crypto is a series of datas who changes its value from time to time and should be stayed inside the internet. The system itself is intangible.

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August 31, 2018, 10:32:30 AM
 #114

It's a digital currency.
There is absolutely no need for real currency notes or coins.

Also to get physical stuff we will require the government permission to accept it and make it legalize in their country. All depends upon the government of that country how they want to treat it and want to scale it to the next level than they can make this notes and ask people to use it.

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September 15, 2018, 07:58:04 AM
 #115

I think that is very unnecessary because all the transactions that exist and those using blockchain technology all have been recorded and you can see the history of all transactions that have been created.
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September 19, 2018, 08:58:29 PM
 #116

I won't support a bitcoin physical note because it is against the decentralization policy of cryptocurrency. Banks would monopolize it and make us return to the central banking system which cryptocurrency is against. Having a bitcoin mobile storage wallet is good but a physical note is a big ''NO'' from me.
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September 20, 2018, 09:12:06 AM
 #117

Why do we need physical bitcoin??? Cryptocurrencies are created to get away from cash and coins. Even regular Fiat currency is increasingly moving to card.I am sure that in 10-20 years people will begin to implant chips with all the necessary information - documents,electronic keys to the apartment,car and garage,cash card(including cryptocurrency). The first experiments are already underway.Remember that 15 years ago we could not take pictures on the phone, and now phones with photography successfully displace the segment of cameras.
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September 20, 2018, 09:29:24 AM
 #118

I really want Bitcoin to be able to appear on paper money because I can save it, and I am very willing to use it for everyday consumption!

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September 20, 2018, 01:55:14 PM
 #119

This is not possible, because the Bitcoin and Altcoins are digital currency which cannot be physically created like normal fiat paper notes

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September 28, 2018, 10:17:52 AM
 #120

This is a debate to this day where bitcoin does not have a physical form and the reason is very clear where crypto is a digital asset without the need to have a physical form. the formation of the value of bitcoin and crypto as a whole is due to trade in the market, additional investment and also positive and negative issues
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