Will Bitcoin ever exist in currency notes

[Rembang]

It might interest you to note that the bitcoin policy has been accepted and implemented by some banks. Not long ago, I read a post on this platform which stressed on the facts that there are bitcoin ATMs in some parts of the Europe and United States.

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.

[yousufatik]

Yes there are some bitcoin Atm machine in some country, and since bitcoin doesn't has any physical shape then we can only withdraw fiat through the Atm, I don't think there will be any physical shape of bitcoin and bitcoin atm is not too popular since it got a high fee, but it's one of the alternative way to cash out bitcoin into fiat.

[bdamenaakter]

The only authority that can make a currency note is the central bank and it is owned and ran by the government which operate in a centralized system of governance. If bitcoin converted into currency notes, it will no longer decentralized because government is not in favor of decentralized currency. Bitcoin is destined to become a decentralized virtual currency so it is not possible to make it into currency notes.

[inewoods]

It might interest you to note that the bitcoin policy has been accepted and implemented by some banks. Not long ago, I read a post on this platform which stressed on the facts that there are bitcoin ATMs in some parts of the Europe and United States.

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 believe these ATM works by supply and demand also when there is people willing to take in bitcoin we are getting value from bitcoin, i suppose as of now the currency that we are getting from the ATM should be fiat.

[mlawson71]

I always assumed that you withdraw your money in fiat currency from the Bitcoin ATMs, Bitcoin has no physical form after all.

[Lukasz]

I do not think btc has any intention to be printed on a bill since it's nature is to exist in electronic form but hey never say never we may yet see a day when there is btc note

[vegasus]

Actually I never used the Bitcoin ATMs or read the articles related to the ATMs but I guess the ATMs are used to exchange Bitcoin into Fiat. In our country, there are 3 locations of this ATMs, unfortunately the locations are far away from my home. So, I just guess about how it operates.

[Harihmawati]

See in in my signature  BCB atm you can see how atm bitcoin work. Simply is you can put your fiat money in to this machine than u get barcode and than you to scan it, now bitcoin was on your wallet.