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Lubruselu

Will Switzerland produce bitcoin?

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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!.

 

Many of countries have taken different types of steps regarding crypto currencies, some have generated their own country's digital assets using blockchain technology. If Switzerland done this, it could be boost adoption and also the limited supply will effect the prices of bitcoin it could be pumped very hard and could be out of the range of general or poor peoples.

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This is the first I heard that Bitcoin can become a physical coin. But if that is the case is it cryptography still exist in the coin? But all in all I more focus on online coins because this is more safe.

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why the Switzerland make a physical bitcoin?, I think it needs million of dollar to produce physical bitcoin and it must be gold so that it has value of one physical bitcoin. How nice if that happened.


 

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I don't know much about the news but that is really a very great news for the Switzerland people if the government are trying to produce their own cryptocurrency

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Why would they? They don't need bitcoin since they have alot of gold and other miners to store their wealth so they don't need a cryptocurrency to their bidding. But they could probably tokenize their gold for more transparency and easy distribution


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I don't know about Switzerland trying to make  real bitcoins and if it does I would prefer real Bitcoin to online bitcoins as I can transaction them easily as compared to physical one..just my suggestion.

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On 2/7/2020 at 10:35 PM, Crypto555 said:

Yeah it's not that hard to create physical coins but Switzerland is one of the most developed countries when talking about cryptocurrencies. That's why people assume they would be the first to create this physical coins

Switzerland is one of the most recognized countries for the use of cryptocurrencies so they should be one of the first countries to create their own cryptocurrency and also physical coins 

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On 2/9/2020 at 6:09 PM, Ricardo Walker said:

I don't know much about the news but that is really a very great news for the Switzerland people if the government are trying to produce their own cryptocurrency

If Switzerland will produce the physical bitcoin I think the bitcoin price must be decreased, because there will have many bitcoins, so that's cannot be happened

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The existence of physical bitcoin is impossible. Bitcoin is a decentralized world cryptocurrency. Switzerland will never receive permission to issue physical bitcoin from other countries.

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Bitcoin is coin and it's online market, so in my way, it is quite possible that Switzerland will produce bitcoins, it's great foreign country and their are alot if investors their, so it is my mind I obey this question it's true...

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On 12/6/2019 at 9:17 AM, 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!.

 

Is bitcoins produced or mined I seem to be confused here because of the above statement please can someone actually clear me on this  thanks in advance

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I imagine bitcoin will by no means be physical. It will no more than circulate online as it is now. If you crave to cause rude bitcoin, then here duty be consent from Sathosi.
 

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Yes this may be possible if the people over there produce enough electricity to power the mining rigs or the mining farms and then mine large & huge amounts of virtual coins so that the people and investors will be Happy.

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Yeah ,switzerland  will produce bitcoin ,as you know that in hairband frequencies and exchange arevlegal,and the country has adopted a remarkably progressive stance towards cryptocurrency regulators.

A swiss bank set up to handle both traditional financial products and now digital currencies has been given the goahead by the country regulations.

SEBA,the swiss based cryptocurrency bank is now officially operational.they can provide cryptocurrency in physical coins also,through atms.

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I believe that Switzerland is a country open to new technologies and its banks will offer officially custody services for crypto as soon as possible and perhaps also borrow and lending..

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On 12/6/2019 at 2:17 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!.

 

I don't think anyone will do it. Because this generation want paperless payment system. And it's the bitcoin and crypto. We can only solve the problem with crypto. It's based on blockchain.


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Yes it's legal in Switzerland, it's about one bitcoin is equal to 9620 swiss. Swiss is the one of the biggest country in this world. Swiss people are going through the trend in this cryptoworld

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On 12/6/2019 at 3:17 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!.

 

I don't really understand what are you talking about. 

Bitcoin basically is digital currency which there is no physical form. And why Switzerland produce Bitcoin? Really confusing.

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I do not know much about Switzerland producing their own bitcoin but is there really produce their own cryptocurrency then it will be very much useful and profitable for the people of the country

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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!.

 

It is not possible that Switzerland will create their own coin becasue if every one country will start to produce the BITCOIN than the BTC will so much than the other coins and it is not the best thing for the crypto market. 


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The future of bitcoin will be really good since most of the transactions we do daily are can be done through technology. We can pay food delivery or things we order in online shops through phones. I think bitcoin will never be available physically because it's based on using technology.

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I think developed countries are waiting for clearer regulations so they want to issue their own coins or blockchain. For now maybe Switzerland won't do it. but in the future they might have it

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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!.

 

The physical BTC does not make sense to me the BTC is online money where this is mined from blockchain technology.The swisterland can be new land of minning for BTC .If they support mining in their country.

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I don't think that there will be physical Bitcoin, at first you have to know how Bitcoin works? If it is physica it isn't Bitcoin anymore because surely it will be centralised by government and if such things happen people will start using it as gold 


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There is no need to create physical bitcoins. Just because the world is changing and paper money is loosing its popularity constantly. I think it is way more better for Switzerland if they create the same good storage opportunities for BTC as they have for fiat. And I am absolutely sure that they got a plans on BTC.

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