why is physical Bitcoin is not issued ?

[gourav787]

This question has been thought and questioned by many people who do not know a little about the world of cryptocurrencies. Bitcoin could not issue physical money, since it would lose its essence and would be out of sense. This coin is based on its software and crypto system and one of the things that make it relevant and attractive is its decentralized network. From that particularity many benefits arise, since they make it be, transportable, transparent, traceable, ecological and its main characteristic is the speed of sending and receiving. It is inconsistent that a currency that is backed digitally was issued in physical, taking into account that physical money is increasingly disadvantaged by its global disuse
What would happen if BTC were to be issued, physically?

[Joyjoyce0]

Bitcoin is a virtual currency that can not be physical touch nor seen. It can only be mineable.

[UNIVERSE]

It is about the decentralized system and with its anonymously. If the BTC is issued for the physical Bitcoin, who will issue it? There must be certain companies that sell the cons. ANd the BTC will be not decentralized as much as possible. n this case, can not prove that everybody challenging.

[tinakoya]

If a physical bitcoin is issued, it will defeat the purpose of what bitcoin is; a virtual cryptocurrency! This will also depict the value of the coin somehow. Bitcoin will never be physical, it will always be virtual and only mined.

[Galaxy]

Bitcoin is an online currency. Bitcoin is not seen physically. However, we can see its reflection on the internet. bitcoin governs the entire crypto world. So this online currency is very important.

[lepbagong]

Bitcoin is an online currency. Bitcoin is not seen physically. However, we can see its reflection on the internet. bitcoin governs the entire crypto world. So this online currency is very important.

true, in the era of renewable technological advances that online currency is needed, especially with the current corona epidemic situation which is really needed so that there is no direct contact or use paper money that is at risk of transmission.

in fact, with advances in tenology, digital currencies are being developed by many companies to facilitate transactions, especially with online transactions.
crypto is also one of the existing digital currencies in which there are bitcoin and altcoin which can be used as digital transactions without banking intervention.

many conveniences provided by crypto so that users can freely do activities that are not limited by time and country. at any time can do transactions without the need for help from others because the facilities have been provided to be done at any time.

[Fenix]

If a physical bitcoin is issued, it will defeat the purpose of what bitcoin is; a virtual cryptocurrency! This will also depict the value of the coin somehow. Bitcoin will never be physical, it will always be virtual and only mined.

Bitcoin has already been issued by Hong Kong-based Tangem as separate cards in 0.001, 0.005 and 0.01 bitcoin denominations. The owners of the bitcoins were this firm, and the cards gave the right to their ownership. However, for a long time, this experiment has not been heard. Cryptocurrency continues to evolve and in the future it may still be.

[Istiak]

There will be no use of it. More likely it will destroy the concept of making cryptocurrency. A physical BTC needs to have a central authority to maintain and issue it. Also, it needs solid infrastructure to maintain its security and store it. The concept of decentralized financial system will not be implemented in this situation and we will have another currency like USD or GBP.

[Michael.sol]

I really didn't think that Bitcoin virtual coin is the avalible , becuase bitcoin is decentralised coin .
We can used Bitcoin mining purpose , I really didn't accept that we can even see virtual coin ( touchable ) .

[bigcash2011]

There are actually no physical bitcoins produced ever officially. Most of the bitcoins you see in pictures or videos are just symbolic, some of them are used as collectibles and souvenirs while some physical bitcoins are used as decoration pieces by the crypto enthusiasts. There are no physical  bitcoins which you can give and take cash.

[MrSpasybo]

As far as I know, we can absolutely create physical BTC.
However, it will not be in the form of a golden coin like souvenir coins, maybe it will be a hardware wallet like a USB with automatic payment in BTC when connecting NFC to the reader. Of course, if you want, the manufacturer can change the look of that hardware wallet into a golden coin shape with a big letter "B".
Perhaps it will bring a sense of ownership to those who yearn to feel "holding BTC in their hands"

[Bobcrypto]

No, I don't think creating physical Bitcoin is possible, Bitcoin is a digital money that is discentralized. A physical Bitcoin means a centralized control. In fact, Bitcoin is independence from any governing authorities, anonymous, and transparent etc. Bitcoin may never be on paper ever.

[KKH84]

Apart from deviating from the original purpose of making BTC, if Bitcoin was made physically, I have a question in my head.  Will there be a lot of fake Bitcoins circulating like fake banknotes, no matter how sophisticated the chips embedded in physical Bitcoin, because imitators will continue to look for ways to look the same.

[Triedboy]

If creating physical Bitcoin is possible.i think bitcoin users really happy.

[Gurujebs]

Bitcoin could not issue physical money, since it would lose its essence and would be out of sense.

It was never intention of Satoshi Nakomoto create physical, if you check the bitcoin Whitepaper that was issued in 2009, it defined BTC as A Peer-to-Peer Electronic Cash System. The word could is out of the picture.

taking into account that physical money is increasingly disadvantaged by its global disuse

That's because of FED immensely printing of USD to protect the forex, it will all end in tears as hyper inflation is imminent.

What would happen if BTC were to be issued, physically?

Bitcoin is a form digital money created free from dictatorship, oppression and hyperinflation. It's not created to have have a central sovereignty, it need to be verify through the network of computers across the globe in other to verify its authenticity.
It will be a waste of time to think of having physical bitcoin