Bitcoin turned physical coin people could see?

[Investors Blog 385]

On 11/17/2019 at 7:00 PM, Digicoin said:

Can bitcoin be physical in the future? And holding one should worth normal bitcoin price. Is this possible?

 

Impossible to happen, Since this will eliminate the transparency of bitcoin and the 1:1 bitcoin will be hard to enforce and it will open an opportunity to mint more bitcoin coins VS their current real holdings.

[Xsimple 441]

If there is like that then there will be physical exchange where people go there and exchange they're coin then what happened to this exchange in the internet?

[Kauvincx 18]

A digital currency like bitcoin fulfills its mission of store of value much better than any physical assets, so why would bitcoin be any way physical in the future?

[Rickso 768]

On 11/17/2019 at 12:00 PM, Digicoin said:

Can bitcoin be physical in the future? And holding one should worth normal bitcoin price. Is this possible?

 

why this should be happen? i mean the paper money are becoming less used every passing day, we are using cards to pay almost everywhere. but anyway this is not possible because bitcoin has a max supply limit so there can't be 1 bitcoin on the blockchain and 1 physical bitcoin

[MysteriousIdentity 150]

On 11/17/2019 at 7:00 PM, Digicoin said:

Can bitcoin be physical in the future? And holding one should worth normal bitcoin price. Is this possible?

 

Holding bitcoin like a fiat is what other are also considering but this will be very difficult because printing something like this will need a permission to the government and to the banks. 

 

So this kind of scenario will be very hard to implement but if governments and banks will be fully open to crypto currencies someday then there is a big chance that we can hold a bitcoin. 

[deepown 0]

Bitcoin is a cryptographic currency if you know what i mean, so of course not.

[Irungu 4299]

No that cannot happen because this si one of the worst thing that could happen to coins that you are having , the best way to do so is to let them remain the same , the online digital coins they are for that is the whole purpose of this market, to have coins that are good for your position

[McCree 713]

On 11/17/2019 at 1:44 PM, PiroSense said:

We're moving forward, not backwards.

 

What is the essence of having a money as physical entity, when digital technologies are becoming more easy to attain even by those people kn lower-class of the society?

 

Soon enough, almost all of the global population would have access to their own mobile device, either a smartphone or laptop, that could be used to transact digitally, thus eliminating the need to waste natural resources such as valuable rare earth metals and trees for paper.

There are physical crypto coins (like the ones lealana sells) but these are unfunded and virtually unusable for bitcoin payments. They are only meant as collectables and are worth the metal they were minted from which usually is a lot less than the bitcoin price.

[deepown 0]

8 minutes ago, Stennis Baratheon said:

It has been made as a digital currency and dependent on blocks of transactions.bitcoin will not become physical currency in the future, many people using virtual currency,it would be good if bitcoin became physical money and printed using gold, etherum used silver. 

Bitcoin becoming physical will be bringing back to paper money something we want to escape.

[Nayan deka 317]

No definitely not, bitcoin will never be a physical currency or coin as this will bring the cryptocurrency to the very ground level, and it will become obsolete.

[Rifrach 207]

bitcoin money stored in a block chain can be seen publicly. Bitcoin makes it possible to exchange money in other ways than usual. The price of Bitcoin is easy to change. You must be careful and only do business with people or organizations that you know. looking at the Bitcoin price chart, you know that things have changed. Some people only buy a certain amount of coins. Wallet is a part of Bitcoin that is often seen by users. Note that no physical data comes out of the wallet other than messages to the block chain. Most people do not understand the concept and process of Bitcoin. Adi, how do you protect your private key and coins? At present the Bitcoin exchange rate is USD 9,680 (around IDR 135 million) per coin!

[Sumayya 493]

11 hours ago, Beeberh said:

Never. Bitcoin can never turn into a physical money. It will remain its electronic money forever

Yes it can not be a physical coin. It will not be of value if it is so.

[Irungu 4299]

That should never be the case but there could be so many people that we have to work as hard and put together a good chance for you to make money called bitcoin physically it beats the who idea of decentralization and also the idea of online currency transfers this is why its important to think of it differently

[Hanan951 841]

On 11/17/2019 at 1:00 PM, Digicoin said:

Can bitcoin be physical in the future? And holding one should worth normal bitcoin price. Is this possible?

 

Alot of people tried to make a gold coin for bitcoin but the price of bitcoin is not stable so the idea will not be reall anytime soon or even later..

[TasinHasan 421]

no bitcoin can not be physical because it is a virtual currency and used on online device.

If anyone have bitcoin he can't proof physical but he can show on his device easily. 

[ram007 391]

it will be good if bitcoin jas it physical coin,it can be the assurance that atleast somehow it has value now and not easily become deadcoin.

[Rstunirk 151]

this will not likely to come about as bitcoin is formed in internet subsequently is not evident and you hypocrisy relate ypu transaction to blockchain that's why bitcoin will stay at this juncture in cyber world 

 

 

Edited February 11, 2020 by Rstunirk

[Cryptohidayat 36]

It is impossible that could turned into physical coin. Because it is only an internet currency and internet currency could not be in physical state. It is only numbers and that's it 

[Ayush Singh 1175]

I am not fully sure about it but yes i have also heard that there is an establishment of bitcoin atms so the atms will give physical currency which can be seen and hold and will also be a stable coin if it is right.

[Maham 3]

We're pushing ahead, not in turn around.

What is the pith of having a cash as physical substance, when computerized advances are getting all the more simple to achieve even by those individuals kn lower-class of the general public? 

Before sufficiently long, practically the entirety of the worldwide populace would approach their own cell phone, either a cell phone or workstation, that could be utilized to execute carefully, in this manner taking out the need to squander regular assets, for example, significant uncommon earth metals and trees for paper.

[Mifu 5]

I dont think its need to be physical.  It will ruin the concept of bitcoin blockchain technology    

[Calvinpriva 17296]

I dont think that will be good, bitcoin its good to use it online in different ways and the normal currencies are also good in normal life, so it will be good if they will all remain like that.

[Cryptominded 704]

On 11/17/2019 at 12:00 PM, Digicoin said:

Can bitcoin be physical in the future? And holding one should worth normal bitcoin price. Is this possible?

 

I think it could make sense if fashioned as another form of paper wallet that would need to be transferred online for spending because spend of physical Bitcoin just won't work because Bitcoin is not complete without the blockchain. Besides how would anyone carry out micro payments with a physical Bitcoin? 

[Rizwanch99 22]

Bitcoin turned physical coin people could see the Bitcoin is the digital currency, cryptocurrency is normally a sort of online/digital finances in which is not to be personally seen or possibly put any time the software might have been scheduled afterward could have been the internet. 

[Sasaki 171]

It's hard to predict for now because some country stil not accepting bitcoin so it need first an intense study before it happens but I'm hoping that someday in the future crypto will recognise by everyone in the world.