Will Switzerland produce bitcoin?

[Luismare135 2]

I reflect it's on offer to be tough for the reason that Bitcoin depends on the course of action of decentralization, hence Switzerland, not similar any country, canister charge its price, and by pro of its upsurge and fall, Switzerland might use up a portion of currency in mining. 
In my opinion, it's not easy.

 

[Efs 164]

The center of world banking should generate crypto money, if it does not, it will no longer be a world banking center. If Switzerland wants to increase its banking income, it must adapt to crypto money. 

[CryptoMaxim 2372]

I don't see any point in making bitcoin physical. And if there are large sales volumes, then price falls are inevitable. But I do not think that such events will do not happen in the near future.

[basel23 1722]

No single country can monopolize cryptography. Excess supply on any currency will cause its price to decrease

[babaji 1228]

On 12/6/2019 at 1:47 PM, Lubruselu said:

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

This is very dumb, yet without being sarcastic, here is simple question you might attempt to try. How are you going to create something or keep, which can only be validated online through a complex process of mining. Even more potent question, why do you want what is essentially lines of codes as physical object. 

It just tells, even experienced posters, can't let go of the concept of tangible concept as fiat. Since you have touched and kept fiat, you want bitcoin to have similar form. But Bitcoin is not made to be physical. and please don't even think of creating physical bitcoin, cos it is plain dumb.

[MilaNi 603]

On 06.12.2019 at 10:17, 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!.

 

In my opinion it is a myth that some day Bitcoin may become physical on a worldwide scale. Of course some person or a group of them may decide some day to have got a physical BTC  for some collection, like people that collect different rare coins or antiques. May be only in such a way some BTC of such kind may appear)))))  but it will never happen globally, because it will not be the BTC coin anymore, but something another. 

Edited February 29, 2020 by MilaNi

[hangomao 15]

On 12/6/2019 at 2:00 PM, Mursanna said:

I think bitcoin will never be physical. It will only circulate online as it is now. If you want to make physical bitcoin, then there must be permission from Sathosi.

bitcoin is a digital currency. so it is a good thing that it has always a good future.

[anikayeasmin611 2]

Does it add something that can't be added to Bitcoin in the future? This is very difficult, but still a currency like Monero makes sense in example. Also because it's difficult that we will only have Bitcoin as a crypto in the future, it is more possible that we will have more than one, but I think much probably less than 10... 

[Joni888 23]

it is conceivable that Switzerland will create bitcoin, taking into account that Switzerland is a potential market for financial specialists, obviously Switzerland won't squander that chance, this will profit Switzerland itself.may be i am wrong 

[Bohana 2143]

You need to know that a country adopting a coin is very different from producing it. I do not know about Switzerland if it will be "Adopting Bitcoin", but I am sure that there will be no such thing as a "Physical" coin or physical Bitcoin because the coin's value is virtual only.

[Mwangi 5611]

Am not sure about european countries and bitcoin this is really some of those ideas that we have to keep on working on the work is well established and well organized in some cases and we have to really define something good to it

[duncun007 3577]

28 minutes ago, Jay8 said:

Switzerland or any other country will produce or develop their own crypto at some point when it becomes the right and most economical thing to do

i dont know why are people on here so excited to see countries issuing cryptocurrencies instead of fiat money because its always the country or bank that will be getting the best of it and not us.

[gkapoxm 84]

They can but right not china is the top 1 since they have super cheat energy.

[Hashirali 15]

Switzerland is very advance technology country. The swiz Bank store the money of all the world. Its protect your money very well then all other countries. I think its produce bitcoin 

[hssnbobin5 0]

Sir Bitcoin is not physically kind physically type is sathosi.

Physically Bitcoin not used.

[PiroSense 2681]

On 12/6/2019 at 4:17 PM, Lubruselu said:

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

This might, or this won't increease the supply. Physical bitcoins could just be representation of the digital Bitcoins.

 

Though I don't think this idea is plausible. First, a single Bitcoin is merely used directly in the market. We still split it into smaller units called satoshis.

 

Second, this would only cause depletion of natural resources, and is also not efficient, since we aren't using available resources such as mobile gadgets, to replace the need of physical money. It just wastes more power and resources, compared to if we use already available tools such as mobile phones for transactions.

[John Smit 0]

I'm not catching your meaning by physical Bitcoin? This is so difficult. Be that as it may, the circumstance will be checked later on when banks are prepared for planning. You don't have the foggiest idea about that Bitcoin is decentralized. No body can contact or see it. At the end of the day, it is extremely unlikely to create Bitcoin from a nation. Bitcoin will consistently stay imperceptible and unapproachable, similar to this gold exchanging account.

[Zach Earw 0]

There has been a lot of theory that it will occur after the whole Bitcoin parcel is finished, and something said is that more BTCs can be made yet somewhat more confounded, yet it can occur. I accept that Bitcoin will never have a physical money and isn't a nation that produces it. The fate of bitcoin is questionable, however for us, the wellspring of salary in the water stage.

[Urwah Shaikh 6]

On 12/7/2019 at 5:06 AM, Migo said:

In my opinion if Switzerland produced a touchable bitcoin I can say that I prefer this one more than the online, not just me but every bitcoin earner will prefer that to avoid scam, because bitcoin in your packet is too much different from online wallets 

Yes, Switzerland get great advantage og that if it produce their own bitvoin because many people in Switzerland trade bitcoin in daily basis that's why they also get advantage of this. 

[tienda 8776]

I m not sure that Bitcoin in the future will be a physical currency, because if this happens will lost his value and will be like a fiat money below USD, but is possible in the future Bitcoin or cryptocurrency (each country with his own crypto) will be mining by government of countries like fiat money produce.

Edited March 8, 2020 by tienda

[Beromnia 733]

Welcome with me

Bitcoin mining is available to everyone around the world, it is sufficient to own mining equipment, Switzerland or any other country cannot produce bitcoin, it is not an industrial process as you think
Switzerland is considering creating its own national cryptocurrency like China and the Philippines. This currency is virtual and takes some features from Bitcoin, but not all of them.

[johant123 1559]

I don't see this happening. Most European countries are trying to reduce the amount of cash money. Why would they introduce a new physical coin then? Makes no sense to me.

[Ayush Singh 1175]

I don't think that it's so much easy for any country to produce their own Bitcoins as it is a decentralized currency and according to my knowledge I think that Bitcoin is good for trading and investing in digital market rather competing it with any Fiat currencies.

[jacker 1095]

I don't really think that Switzerland can produce bitcoin, if it does this, bitcoin doesn't need to be mass and any country that wants it can produce it itself. I don't think this is easy

[Upright 2688]

Every country which tend to accept the use of Cryptocurrencies, always have this notion of having also their own public and national form of currency as to also boost their State of issuing Crypto to the general public, as it might be a stable coin