Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: emma.lee1890 on November 23, 2018, 06:57:06 PM

Title: Bitcoin As Paper Notes Useful?
Post by: emma.lee1890 on November 23, 2018, 06:57:06 PM
Anyhow this is an interesting thought. Do you think that it would be possible to put not exactly BTC into a paper note but any crypto in some what of a denomination in a paper note. eg hardware

more less it could be used for people who have no access to internet have spending power, where the paper notes would have  bar code scanner code on it, that they take to someone else for buying goods and services.

Your thoughts on this idea, could be used in whole numbers of a type of crypto if the numbers meet up to a certain standard, as not to correspond to a FIAT system but be entirely in Crypto?

your thoughts? pros and cons to this concept.? thoughts?
Title: Re: Bitcoin As Paper Notes Useful?
Post by: casas on November 23, 2018, 07:33:37 PM
I  think at an estimated current price of $1200 per troy ounce, that amount of gold is today worth upwards of 2.1 trillion US dollars.  Since there has recently been a deficit in the supply of silver and governments have been selling significant amounts of their silver bullion, we reason that most silver is being used in industry and not as a store of value, and will not include silver in our model. 

Title: Re: Bitcoin As Paper Notes Useful?
Post by: Nate11 on November 24, 2018, 09:09:58 PM
Bitcoin becoming a paper notecan never be useful again as the objective for creating it has been defeated.it is not meant to be paper money.
Title: Re: Bitcoin As Paper Notes Useful?
Post by: Telapakmejo2 on November 24, 2018, 11:54:32 PM
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