Post
Topic
Board Economics
Re: What do you think about this "Bitcoin-backed money" idea?
by
Ultrafinery
on 15/05/2016, 15:47:50 UTC
I just wondering if Bitcoin can also have representative form like the gold certificate. This representative form will be a paper that contain sealed private key. This paper will have face value that represent the Bitcoin amount it has. We could call this "Bitcoin-backed money". Futhermore we can use this Bitcoin-backed money just like we use paper money (banknotes) everyday.

Like these?


https://www.bitcoinsuisse.ch/en/physical-products/#Certificates


I know, why don't we make Bit COINS? Huh? Best Idea ever or what?