Bitcoin turned physical coin people could see?

[khan22 3478]

This is not possible that Bitcoin is going to be physical becasue this is a digital currency and we just see that not to touch that, in the crypto market so many peoples that have good amount of coins and they just hold for the bull.

[Oxygen99 1930]

1 hour ago, iloveyobit said:

exactly and also if bitcoin gonna be a physical coin  which mean it will turn to a paper , who will do that if No one has the power or right to withdraw the Bitcoin on the market and convert it into tangible currencies !?

It is even too much for average people because bitcoin is too expensive which makes it currently reading $15,000 plus in terms of market value and i think it is too big to carry 5-6 bitcoin around because many criminals will have eye on your move.

[saradz 2259]

22 hours ago, Oxygen99 said:

Yes my friend because decentralized have privacy and no third party but centralized your account can be accessed which is why i also don't support making bitcoin a physical currency because it will put many people life in danger.

What distinguishes cryptocurrencies is that they are decentralized, and because they are digital, dealing with them is easier than dealing with fiat currencies, and they can be converted into paper currencies at any time. I think a lot of people want digital currencies in their current form.

[Zeshan Khalid 2577]

The idea behind bitcoin creation was its only electronic presence, but its coin will destroy that specific idea for which it was created so there should not be any concrete bitcoin. And such an expensive asset must not be kept in form of a coin only.

[Oxygen99 1930]

5 hours ago, saradz said:

I think a lot of people want digital currencies in their current form.

Yes my friend because they are more secured in this way, Cryptocurrencies are very expensive and that can put the life of many people in danger if it were to made in form of fiat because people today are lazy and all they want is free money so rubbery and murder will increase.

[kryptonick 2659]

Paper money is turning digital and you are asking Bitcoin to be physical? It is not how it works or what it had as a target. If Satoshi wanted Bitcoin to be physical he would have made it so. There is no need though and physical money has cost of producing that with cryptocurrencies this is eliminated.

[ramonn22 731]

Hello dear friends and colleagues of this great forum, I personally believe that if that is very unlikely to happen since bitcoin is totally digital and secret for that purpose, this is my humble opinion
  Good luck and big winnings for the whole community
A big greeting

[Arslanbhai123 628]

Certainly not because it is ban in many countries and it's not easily accessable by lower class of tbe society. 

But good idea  digital currency replaced by simple currency.

In future it could be possible because transactions are now a days made digitally due to pandemic.By adopting this we can save natural resources. 

 

[Teminali69 1081]

On 11/11/2020 at 6:09 PM, Sinda423 said:

No bitcoin is digital currency it cannot use as physical currency because its value is more then every currency and it is made for trading purposes so it is not.

I think that cryptocurrency is made for more than just a trading purpose, it is made to be used as normal money as a means of exchange for goods and services, only that it is not there yet.

[Jaafar Fahad Hassan 114]

That's not possible, Bitcoin is not a stable coin, it changes in value always, it a digital currency that operate online and changes in price every minute,seconds, so would this mean that the money would be printed Everytime? What's your view @Dorjoy12

[pacific 2268]

This can be just regarded as a hypothetical question, which is not yet possible to turn out into a physical coin. Because bitcoin has its own algorithm and is based on decentralized system, and can be mined by generating block hashes which are capable of creating block confirmations. On contrary to bitcoin there exists fiat money which are regulated by government, and are centralized, and oppose bitcoins or cryptocurrencies in many ways. Since, turning bitcoins into fiat(physical coins) is not possible, and to your queries it's just a what if.

[minisrt_black 1112]

I think that it is unlikely because it is intended for online purchases and in real life I think the crypt will not be used as physical money

[mzk7736 1592]

The value of Bitcoin is so large that it will be very unsafe for it to be stored in a physical coin because then it will be very difficult to protect the Bitcoin from the physical factors like theft and robbery. Because of being small in size it can also be lost easily.

[Relium 424]

yes peopel can see that, at least my friends are rapidly started to see that also they see bitcoin can not crashed in just a few seconds, it gonna need much more longer time for crash. bitcoin is going good right now and hope  it will stay like that 🙂

[Mridul Rahman 1058]

As bitcoins price is volatile it is not possible to come in real. There is also a reason that this much high valued coin shouldn't take a chance to hold in hand.  Too risky to keep. Bitcoin uses blockchain technology and we all know what is the  motive of blockchain technology. So it is impossible for bitcoin to use handwise.

[Simon London 1749]

Hello everyone, personally I do not think it will become a physical currency, I think that in the future it will strengthen as a digital currency, hence it has all its benefits, and people like me, we like to earn money, doing business with bitcoin within digital platforms, hence its trust and usability.

[Russel 017 506]

If bitcoin becomes more powerfull then it will convert into fiat cuurrency. But it is not possible because bitcoin is a vertual currency it will not physical currency. 

[wassim19 645]

Bitcoin cannot be physical because it was created to be a hypothetical currency that cannot be touched, as it relies on the network and decentralization of the blockchain and in its work to replace the usual with a currency that is more simple and not complicated

[KHALED ADWANI 1216]

Making cryptocurrencies really is a very complicated matter. Bitcoin has many parts. This is one of the things and another matter. Who is going to issue this currency? There is no answer to this question

[setifien 1016]

It's against the fundamental character of this coin which is virtuality and decentralisation, except if this physical model is just a simple projection of the virtual coin to make people understand it better.

[Dorjoy12 8962]

On 11/24/2020 at 8:19 PM, Jaafar Fahad Hassan said:

That's not possible, Bitcoin is not a stable coin, it changes in value always, it a digital currency that operate online and changes in price every minute,seconds, so would this mean that the money would be printed Everytime? What's your view @Dorjoy12

@Jaafar Fahad Hassan as bitcoin still decentralize crypto currrency and no one able to control it so there has no chance it can be turn into physical  currency but we dont know what will happen in future as still lot of country try to control bitcoin..   Let's wait and see what happen when crypto world adopted whole world..             

[Jaafar Fahad Hassan 114]

1 hour ago, Dorjoy12 said:

@Jaafar Fahad Hassan as bitcoin still decentralize crypto currrency and no one able to control it so there has no chance it can be turn into physical  currency but we dont know what will happen in future as still lot of country try to control bitcoin..   Let's wait and see what happen when crypto world adopted whole world..             

Well let see, lots of different things and things we think is impossible are getting possible, nothing is impossible now the world we are into now, crypto world domonate the world , am very confident about that

[Mark wood 2970]

I think not possible but let's see what happening in the future because everything going change and I don't think it will be physically because now it's easy to transfer from one place to another huge amount and if it is practically then it will be hard to transfer from one place to another..

[Sp19a1ma019 1076]

No it is a degital currency 💱 that can not be wisible to see. 21 centrury all the way change due to technology. Technology change the medium of currency exchange. 

[Froshk 1828]

Bitcoin is not bound to turn or change to a physical coin because of the overall concept of the entire project, ts meant to be decentralized in nature, if it becomes physical then it will have no choice than to become centralized.