Will Bitcoin ever exist in currency notes?

[encycrypto]

Possible scenario for the future: instead of receiving bitcoin deposit directly into a specified address from ATM, the ATM may provide a currency note like paper with public and private keys printed on it.  

[electron-coin]

Of course, bitcoins will not be issued in banknotes. There is no point in this and in general it contradicts the ideas of Bitcoin. Why spend money printing banknotes?
ATMs are working very simply. You give the ATM paper money (dollars, euros, or other currencies that accept this ATM) and it transfers the bitcoins to the wallet address you specify. There are also ATMs with the help of which you can transfer Bitcoins from your Bitcoin wallet to fiat currency, which the ATM will issue to you.
There are different versions of ATMs that have different specifications.

[mersal]

The existence of ATMs in several countries is only to overcome the problem of difficulties in transactions because when making a transaction not everyone receives payment in the form of bitcoin so that this ATM is very necessary to convert bitcoin into money.

Yes the thinking of be kind to be printed in the currency notes will be good to improve the Bitcoin value and the popularity also very easily but with swelling printing the currency to normal currency it will be make the uniqueness to be normal for Bitcoin.

[PeRo]

Bitcoin is about digitalizing decentralizing money. It stand out that way, making it like fiat would take out it's uniqueness. As for ATM's, they work like a fast converter from fiat to Bitcoin and vice versa. You need a phone wallet or qr code and you can 'trade' with the machine and you will recieve funds on the wallet, no need for notes.

[CoinCollect]

I think that such ATMs rather help to conveniently transfer Fiat currency to bitcoin. After all, bitcoin has no material form and therefore it can not be cashed. It is difficult to say whether bitcoin will be used as a currency. So far it is not very convenient.

[jabrix]

Possible scenario for the future: instead of receiving bitcoin deposit directly into a specified address from ATM, the ATM may provide a currency note like paper with public and private keys printed on it.  

For now there is no bitcoin currency record. But for the future it might happen, when bitcoin becomes a digital currency that is widely used in many countries.
Bitcoin is heading towards the digital age, which will be used by many users around the world.

[jhonjhon]

Possible scenario for the future: instead of receiving bitcoin deposit directly into a specified address from ATM, the ATM may provide a currency note like paper with public and private keys printed on it.  

For now there is no bitcoin currency record. But for the future it might happen, when bitcoin becomes a digital currency that is widely used in many countries.
Bitcoin is heading towards the digital age, which will be used by many users around the world.

We are now in digital age as online transaction here started.  Yet,  bitcoin isn't listed as legal coin but somehow  many were using it for purchasing and so bills payment.
Due to crypto development and continuous growing,  it could have a huge possibilities that it will be legalize.

[Ucy]

This won't be necessary when cash is banned and when we begin to buy and sell without physical currencies.
No true physical Bitcoin or Bitcoin note exists as far as am I know. They all still depend on Internet/satellites

[eaLiTy]

Bitcoins can be backed by fiat currencies and it is possible if any government allows if not there will be any physical form of bitcoin currency notes and you really do not need one as bitcoins are transacted through a online protocol and all the transactions will be recorded in the blockchain, bitcoins are transferred from senders wallet to the receives wallets through internet nodes making it secure from third party usage. Bitcoins ATM's allows to convert Bitcoins to fiat current and vice versa and that is more than enough for the time being.

[earlyfacer]

It depends tho, maybe we just have to wait a little bit more time. For now, bitcoin is getting all the hate because of its downfall and a lot of people are turning their back against it but we, people who believes that it will definitely have its hot comeback very soon will wait until its recognized once again as the greatest crypto and we will receive the currency notes we've been wanting to get.

[yulchatar]

I'm sure that this will never happen. In the age of high technology and digital money, this action is at least unwise. I think that over time, many countries will abandon paper fiat currency. Of course, fiat is unlikely to disappear completely but it will remain in the form of plastic cards. And bitcoin will never be printed, since it will be at variance with its original purpose.

[proTECH77]

The existence of ATMs in several countries is only to overcome the problem of difficulties in transactions because when making a transaction not everyone receives payment in the form of bitcoin so that this ATM is very necessary to convert bitcoin into money.

Yes the thinking of be kind to be printed in the currency notes will be good to improve the Bitcoin value and the popularity also very easily but with swelling printing the currency to normal currency it will be make the uniqueness to be normal for Bitcoin.

The i did like to ask is; who will print the Bitcoin currency note? Will other country allow the United State(USA) to create the Bitcoin currency note just because they are the world leader?

For Bitcoin to ever exist in currency notes is not achievable now or even in the nearest future. Bitcoin ATM are there to make the transactions simple and easy for holders to transfer or to buy from exchanges without opening the computer or phone.

[iMark]

No i guess no
Bitcoin is digital currency and will remain digital
There is also a question who will issue bitcoin notes
I can't imagine it will ever happen

Thats right, it's the same as walking backwards when bitcoin issues its paper version. we have educated people to live more comfortably and more sophisticated using digital and virtual currencies. then no way for bitcoin has a paper version

[michellee]

The question is " how will these ATMs  operate?" Will customers withdraw money in the form of Bitcoin notes or fiat??? Please share your views on this topic. I need clarifications.

I think the ATM will operate like the other ATM and I think that machine already had a converting currency from bitcoin into fiat, so we don't have to confuse how it works. The user will withdraw money in the fiat form, and it could be a local fiat form which they can use to buy something. Unfortunately, I don't have any experience for using that machine so I don't know exactly and maybe later if I can travel to the country which has a bitcoin ATM, I will try it.

[naufals4]

in my own country there is also a bitcoin ATM, the way the ATM works is we send the bitcoin we have and the money(Fiat) will come out of the machine. besides that there are also many restaurants that accept the bitcoin payment method.

[Sawadekub]

maybe in the future it will happen that we can withdraw our bitcoin into a fiat or deposit our fiat into deposit instantly using Bitcoin ATM, but fir right now it will not happen, because of the policy in all country in the world

What are you talking about? Already there are many bitcoin ATMs in different countries across the globe. With their help, you can buy bitcoins (like some other crypto currencies) and withdraw your bitcoins (and some other crypto currencies) to fiat. So this is not a ghostly future this is the real reality.
Here is a link where you can find more information on this issue.
https://coinatmradar.com
As well as a quick visual hint:

[philipma1957]

The answer is yes if someone with a lot of bitcoins decides to do it they can do it and there would be nothing to stop them.

The problem is who would accept them and can they be stripped of the btc backing them.

[adzino]

The answer is yes if someone with a lot of bitcoins decides to do it they can do it and there would be nothing to stop them.

The problem is who would accept them and can they be stripped of the btc backing them.

Then how will the transactions be recorded? Someone with a lot of bitcoins doing something - doesn't that make the system a bit centralized. I don't think anyone will want that. Again, what will be the use of those physical currency note? That makes the usage somewhat weak. We wanted to transfer the coins from one boundary to another with ease and no third party being involved. Making physical notes will not help in that case. Again, its going to be a bit hassle  to identify fakes notes from the real ones.

[cryptoangel001]

It may interest you to note of that the bitcoin strategy has been acknowledged and actualized by a few banks. Not very far in the past, I read a post on this stage which worried on the realities that there are bitcoin ATMs in a few sections of the Europe and United States.

[Dondisimo]

What for? Digital currency on the contrary invented to get away from these extra pieces of paper. Then why turn the bitcoin into cash? This is unnecessary, and it is unlikely to happen.