bohr
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September 29, 2018, 02:37:49 AM |
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It is way better for bitcoin to remain in its current form, I say this because even if there are disadvantages to having a form of money that is only electronic at the same time there are many advantages, for example you can carry all your money in your pocket and no one knows what you are carrying, for example if you have your wallet in a USB no one is going to suspect that in that USB you have a lot of money.
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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nguli
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September 29, 2018, 06:56:19 AM |
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of course that is no longer necessary because for now you only use bitcoin and blockchain technology you can record all the transactions that you have done using bitcoin.
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@Mhaiang
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W12 – Blockchain protocol
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September 30, 2018, 01:36:19 AM |
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Maybe in some context, physical notes or physical coins for bitcoin is helpful. I guess we can use that as an alternative if in case there is no internet connection to make a transaction in the blockchain.
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darewaller
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October 01, 2018, 06:02:04 AM |
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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?
You don’t know what you’re saying. Do you even know what is cryptocurrency? Cryptocurrency doesn’t need a physical form, they ate meant to be digital only. So this is stupid, and it’s not going to work, nobody would think of making bitcoin to be physical like having notes and coins, who on earth or what Blockchain are you going to use it for that? Well, going further with this is just making me look stupid, lol… so it’s not possible and it’s very bad question.
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galambo
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October 09, 2018, 06:06:11 PM |
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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?
You can find a number of bitcoin physical coins in the goods section. Already there are some coins for bitcoins which can store a fixed amount of bitcoins and than yiu can utilize it to pay for someone. Bitcoin notes is something new and really hard to implement as we can hardly store bitcoins in a note and if yet the notes for bitcoins are into circulation than they might be given some importance as per the localised currency notes like dollars. In future, if bitcoins are been legalised than these kind of new currency could be into much demand and also some major alternative can be drawn out for it ahead.
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Shafiqul Islam
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burst.money
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November 01, 2018, 02:57:06 PM |
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I want to have only bitcoin and others coins instead of physical notes .now world becoming digital and people don't like physical notes at all.
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jojowar
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November 04, 2018, 07:57:05 AM |
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For me bitcoin having a physical notes will not be feasible in the future because cryptocurrency was created as virtual currency and this was one major difference between fiat.
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hermankoles
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https://customcontract.network
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November 04, 2018, 10:06:22 AM |
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I don't want other bitcoin or crypto to be forms, I agree more if it remains as a digital asset so that it is safer from theft, counterfeiting like fiat is currently easy to carry and its value is not dependent on just one state regulation because it is global
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marcelocoin
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November 04, 2018, 11:00:31 PM |
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It would be interesting to have a fiduciary or physical currency, which people can have worldwide use by everyone in the world, but the features, the technological advances, the ease that bitcoin has, no physical currency will have!
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ClockworkTrader
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November 06, 2018, 07:48:54 PM |
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There's no point on physical form for BTC, or any other Cryptocurrency for that matter. Tokens can't exist without a wallet to store them on and a regular flash drive works perfectly. It's possible to make sophisticated flash drives (or just something that contains the key) just for this purpose, but what's the point? Let digital money be digital.
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bitbunnny
Legendary
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Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
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November 06, 2018, 08:42:33 PM |
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No, I don't want that, what would be the point? The meaning of Bitcoin is just the opposite, it's virtual digital currency, it represents new era where paper money is more and more replaced with new digital payment methods. I think that with paper banknotes Bitcoin would lose its very essence and idea of digital world that it represents so there is no need for physical form of Bitcoin at all.
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BitcoinCommodor
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November 09, 2018, 06:51:45 AM |
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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?
What you are asking for is not going to be possible and I also don’t think anyone needs that. Having a paper note or coins for cryptocurrency is not going to work because it is open and not being controlled by anyone. It’s just an electronic /digital money and you can only spend it online or offline stores where Bitcoin and any other cryptocurrency you own is being accepted.
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osmo
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November 11, 2018, 02:23:55 PM |
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bitcoin does not require physical records, because it includes the advantages of bitcoin compared to currencies, nowadays many people make transactions using digital money and digital transactions continue to increase, in my opinion in the future there will be more digital transactions than using currencies
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Taki
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November 11, 2018, 03:37:21 PM |
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Nowadays people are going away from psychical money, so why do we need to come back in the past and create paper form for such innovative thing as bitcoin which represents the modern way of money use - cashless?! It's just illogical.
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pocketfullofpoke
Full Member
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www.daxico.com
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November 11, 2018, 11:05:48 PM |
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For me, i do like having a physical and tangible form of bitcoin even if it sounds forfeiting its digital form. But for the sake of having the ability to still use bitcoin during offline, i think a using tangible form of bitcoin can be one of the good solution behind.
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kakonhat
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Crypto in my Blood
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November 12, 2018, 01:38:55 PM |
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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 don't like to use physical bitcoin. If it comes like that, so why need technology? We love cryptocurrency because it's technology base coin and we don't need to carry in our physical purse. We can pay any world where is accepted bitcoin, that's why we love this technology.
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panjul07
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November 12, 2018, 06:47:24 PM |
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Like many other users has said, bitcoin is designed as digital currency. There is no need to make physical notes or coins for it. I wonder who will own the regulation of the physical notes if it is created, and it can be very dangerous as it can be faked. Keep it as digital currency is the best thing for bitcoin. There can be physical notes or coins, but it must be unofficial version or just like a souvenir with no real values.
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futile-resistance
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November 15, 2018, 11:06:49 AM |
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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?
There already lots of physical coins (Bitcoin), there are many of them but I don’t they are worth having. Maybe you should check out the Casascius coin, they even have a website—and it’s casascius.com. Each physical coin is worth a real digital Bitcoin. But the problem I’m having with them is that I can’t use cause nobody is ready to take that from you. And it will be considered illegal in some counties if you’re found with it. So you better stay clear.
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Ethien
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November 16, 2018, 07:59:24 PM |
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I'd prefer bitcoin would remain as it is - digital. no need to be in any other form! It 21st century, guys)
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fiomcorka
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November 21, 2018, 07:00:55 AM |
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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?
There are already coins like that, physical coins that are worth Bitcoins, but it doesn’t make any sense. If you bring such to my country, nobody would look at you, not to talk of collecting that piece of metal from you. And to be sincere, it’s illegal to make use of such things, cause they are not currency of any country, so it’s illegal. It would be better we just stick to the online Bitcoin, and I never wish to have a coin or physical note for Bitcoin. Those of you who wish can continue to wish.
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