Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
jt byte
on 16/10/2015, 14:52:18 UTC
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.

If bitcoin will be "converted" to physical coin then i think that this is a waste of time.
Waste of power/energy to produce the coin from metals, i think that digital is just fair enough.
The price nowadays is increasing and i think it will took peoples interest about the 'new' coin.