What Bitcoin unit look like in real life

[Tommiewill]

You certainly don't see Bitcoin in real life. Bitcoin is a digital currency. And Bitcoin cannot be counterfeited.


"Bitcoin is a P2P payment method, and uses cryptography to ensure the security of all aspects of currency circulation. Cryptography-based design allows Bitcoin to be transferred or paid only by the real owner."

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[Ucy]

You can simply use a decentralized/shared Public Record System (with inbuilt internal currency) that is in form of a numbered Book that started as Page One and continues to increase in number as more pages are added or stapled to it.
Once a transaction is made on a piece of paper by peers or two users, every participant checks to see that the users are actually sending values/currency that already exists in the book. If everything checks out, the participants photocopy the piece of paper and attach the original piece to the Public Book while having their own potocopies attached to their own copies of the public Book, using a stapler.

The shared Book or a Record System is a Blockchain which every participant has a copy of ...The pages are the blocks while The internal currency which is already predetermined and known by the public is the Bitcoin. You can use the smallest possible unit you want for the currency and maybe call it pitoshi instead of satoshi

[lionheart78]

Bitcoin is an illusion created via numbers and word(BTC). It doesn't really exist. Here you have all explained: https://youtu.be/4rWmOq0o1hM

At least you have a set of codes as proof that it exists.  Though Bitcoin is virtual and not tangible, you can use your sense of sight to prove its existence.  You can check and verify the program used to run the system and use your logic whether it exists or not and not rely on someone on the internet to decide for you.  You can also use the marketplace of its existence and countries' reaction of it.  You cannot ban something or approve a regulation accepting it as a mode of payment if it does not exist.


Bitcoin is a set of codes, a script that enables a borderless P2P electronic cash transfer that does not need any intermediary such as financial institutions.