Will Switzerland produce bitcoin?

[babaji 1228]

Bitcoin doesnt serve any purpose as physical avatar. It is a mathematical code that runs on the internet, that produces complex algorithmic calculations, that needs to be solved in order to produce next block of bitcoins. So even if there is physical bitcoins, i do not see any purpose it serves.  

[decemberends 1881]

it has chances atleast from what a have researched so far but many of them are theory or logic so things cant be legit so maybe at some point it would do so as for now there are no report on this country about cryptocurrency that much still expecting a change but yeah.

[Swapzone 174]

Physical Bitcoins? I really don't think that there is anything like a physical Bitcoin. As by the definition, Bitcoin (or any cryptocurrency) is a digital money.

[bogdanoff 3173]

I am sorry mate but where you got that information from? What order are you talking about? Bitcoin does not take or give orders. It seems from your post that you don't understand how Bitcoin works as you seem to think that the total supply will be increased. You should know that it is fixed and planned and noone alone can change this. Only if the Bitcoin community decides it, the supply will change and changes in Bitcoin are not easy to happen especially one that messes with supply. My suggestion is to start reading and understand Bitcoin.

[Izeal 4404]

I don't think the physical coin of the bitcoin will be produced because the virtual will be great because it is one of the feature of the cryptocurrency to have great value virtually.

 

[Solex 2262]

No any country has create a physical bitcoin and i don't think Switzerland will be allowed to do that because bitcoin is expensive Cryptocurrency and it is fluctuating up and down at every time, for that alone I don't see bitcoin is form of Fiat. Bitcoin is currently reading $12,000 so how do you want someone rolling around the street with this huge amount and besides it is too risky.

[Solex 2262]

No any country has create a physical bitcoin and i don't think Switzerland will be allowed to do that because bitcoin is expensive Cryptocurrency and it is fluctuating up and down at every time, for that alone I don't see bitcoin is form of Fiat. Bitcoin is currently reading $12,000 so how do you want someone rolling around the street with this huge amount and besides it is too risky.

[Cryptomint 433]

I always like the bitcoin online. Because now it is increasing its value just due demand. When it will come into physical condition then it will be demanded. 

[Anton739 48]

Same. I think there is no reason for Bitcoin to be produced physically. There will be much problems like fake coins etc. However I think in near future they might do something with paper. Like declarations. 

[Jaafar Fahad Hassan 114]

I don't think that will be possible, it would a bit difficult for Switzerland to produce a physical Bitcoin, I don't see that happening now ,may be it will in the future but never see it happening now to be honest 

[alex380 49]

Swiss money that it does not need to produce bitcoins in them expensive electricity I believe they could store under the coin as well as save fiat and electronic money and make money on it Since Switzerland's banks are the most reliable.

[Cryptomint 433]

I don't think so. I think when all the bitcoins will be mined so they will regulate in the market and no one will produce or make new bitcoin...

[MalikAdnan 1662]

I think it is very difficult. Bitcoin is an online currency. There is no any decisions for the production of bitcoin. Because the rules is very strict. It's price is very high. No one control it and it is an international currency. Do it is used by international. Actually it is produced for the online purpose. So there they can't make a bitcoin as physical form.

[Alimhana930 1605]

As for the countries that are interested in and produce Bitcoin, and help miners, they are numerous As for the production of Bitcoin as a physical physical currency, this is unlikely due to its transformation into a central thing, in addition to the possibility of forging and reproducing it directly.

[zhoutong 2188]

Avoid being ignorant and start reading about Bitcoin because it doesn't work as this person explains. He starts with a wrong question that is false about how Bitcoin is produced and expands further like this assumption was correct to begin with it. 

Bitcoin is not produced by a nation, it is miners that run the hardware that solves the algorythms and mine blocks full of transactions. Switzerland as a nation can have a government meeting and decide to mine Bitcoin and be part of the miners if they want to. They can't produce physical Bitcoin, as Bitcoin requires the internet to run.

[Amna Hareem 1213]

On 12/6/2019 at 1:17 PM, Lubruselu said:

What's do you predict about the future of bitcoin! Will Switzerland get the order to produce the physical bitcoin coins?.

And if this is really will happen which kind of bitcoin you'll be most likely, physical or online coins?.

And what's do you think will this affect the bitcoin price to drop because of increased of totally supply!.

 

Dear I think it is good if it make physical bitcoin but for me online bitcoin is also good because it I money and that's not matter it is present in physical state or not and I think it is little difficult to make its physical state and I think its price will drop if its make but it can be increase with note use and it depend upon market and much so I can't say correct thing about it.

[Wane Rastuar 583]

I think they are still working for this and i think that if they can generate a good platform.about it it will work for them.spcially they are the largest in storing fiat in the world.so i think it will be a better for them

[Whited35 15285]

4 hours ago, zhoutong said:

Avoid being ignorant and start reading about Bitcoin because it doesn't work as this person explains. He starts with a wrong question that is false about how Bitcoin is produced and expands further like this assumption was correct to begin with it. 

Lol, it is funny 🤣 ! OP has clear misunderstanding how Bitcoins are produced. Maybe, Bitcoin logo did a lot as so many people still have misunderstanding, Bitcoin is physical coins. Clearly, awareness is essential regarding Bitcoin and the blockchain technology. It is quite interesting to hear, some practices were already initiated to create physical Bitcoin but that flopped practice did not last for a long time. 

[Msh9 84]

Yes, my friend, I expect that all countries of the world are working with the invention and science of Bitcoin, a currency of great importance and return for the countries that operate in it.

[Harbeeboullah 428]

Switzerland creating a bitcoin is a very good idea but creating a physical bitcoin is what I don't understand with the Swizz government, but it will be better if they can make the bitcoin trading online, physical trading on bitcoin can be disastrous

[Ishtaiq hussain 210]

There is a big issue that Bitcon which is it is sister in a lot of Mubarak .So hopefully in the coming years we will fix all this As far as Switzerland is concerned, why will he run or not run his mini address? 

[Cryptolover😍😍 990]

I don't think it's possible because in the online field bitcoin is only a king 👑 of the crypto currencies and a big source of profit for members. Then I don't think it's will possible.

 

[Cryptomint 433]

5 hours ago, Alimhana930 said:

As for the countries that are interested in and produce Bitcoin, and help miners, they are numerous As for the production of Bitcoin as a physical physical currency, this is unlikely due to its transformation into a central thing, in addition to the possibility of forging and reproducing it directly.

Yes there are many countries are accepting. And many are there which are thinking to accept bitcoin and we know that now Bitcoin is flying.

[Idaho Bruk 573]

Bitcoin can't be produced physically in a real sense, only thing that can be done to make it live is that we produce a coin which is 100% backed by the Bitcoin and the supply should also be the same.

[Robert William 590]

I think Switzerland will not produce Bitcoin because Bitcoin mining now is not profitable and Bitcoin is not produce by any country, now no any country are produce physical bitcoin. Bitcoin is made for online money not for physical money