Quote from: Dotakels on October 13, 2015, 02:39:08 PM

Quote from: Mickeyb on October 12, 2015, 04:37:46 PM

Quote from: Dotakels on October 12, 2015, 02:48:15 PM

Quote from: jt byte on October 10, 2015, 11:54:49 AM

Quote from: birdcat90 on October 10, 2015, 07:08:40 AM

up until now i dont know if bitcoin can be categorized as currency,,it just commodity without physical like gold..

if bitcoin a currency there there will be a paper bitcoin,,or anything that has physical..

To be a physical coin it should require lots of money to produce.
Because it requires lots of metals and at least 1 country should implement it.
But as a digital currency it is much easier and you can buy almost anything with the bitcoin debit card.

Implementing bitcoins as a form of physical money have a different requirements that should have a particular country there such things that you must consider like bitcoin must be mainstream so that there will no problem that will come.

It seems to me that all of the countries and governments will shift slowly towards digital money/tokens, just like Bitcoin. It seems also that they will try and issue these tokens in a format of centralized blockchain.

That's why I wouldn't be worried about this physical/digital thing, since we are going towards digital nevertheless. It seems to me that Bitcoin and crypto in general have just made this transition faster.

Being bitcoin centralized is the biggest mistake that you would suggest because if theres someone who will handle it like your own government, theres so many problem that may occur like corruption.

then the same thing will happen what currency is doing, then their wont be difference between bitcoin and currency, i think bitcoin being centralized in online format will be good