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Author Topic: Bitcoin in paper bill  (Read 805 times)

Offline Munareal

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Bitcoin in paper bill
« on: August 08, 2018, 11:26:18 AM »
If banks can create bitcoin crypto currency  in paper bills version  just like the fiat currency bills in used. Will you use it?
« Last Edit: August 08, 2018, 11:39:53 AM by Munareal »

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Bitcoin in paper bill
« on: August 08, 2018, 11:26:18 AM »

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Offline sibolis

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Re: Bitcoin in paper bill
« Reply #1 on: August 08, 2018, 12:45:01 PM »
I don't think it's gonna happen because of the high value of bitcoin compared to fiat money.  For example 1 BTC is 5k USD, that mean 1 USD is 0.0002 BTC how do you think they print for smallest change?

Offline nrubnach

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Re: Bitcoin in paper bill
« Reply #2 on: August 08, 2018, 01:03:59 PM »
If banks can create bitcoin crypto currency  in paper bills version  just like the fiat currency bills in used. Will you use it?
In that case,  Bitcoin will no longer be a digital currency.  Its original purpose will no longer serve. A different system will be created if it will become a physical money

Offline kent47400

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Re: Bitcoin in paper bill
« Reply #3 on: August 29, 2018, 07:50:09 PM »
I won't use it because turning Bitcoin into paper or form like gold is just making Bitcoin change to the past.

Bitcoin is created to change the financial system in the form of paper and copper metal, that's where we will see the function of Bitcoin.
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Offline sugarchrisp

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Re: Bitcoin in paper bill
« Reply #4 on: August 29, 2018, 08:43:39 PM »
It wont ever happen, and even if it did, I wouldn't use it.  Having physical bills sort of defeats the entire purpose of it in the first place.  It also doesn't really account for the massive price fluctuations either.  Retailers will have a difficult time using bitcoin because of that alone. 
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