Post
Topic
Board Bitcoin Discussion
Re: Bitcoin being a top currency
by
webtricks
on 07/10/2017, 15:50:45 UTC
Bitcoin is a very fast booming and rising currency and I have been hearing about there being a physical bitcoin I mean in the form of a metal. Now if this is possible I would like to know if bitcoin would be a generally accepted means of payment in the next years to come and what are the possibilities of other currencies meeting it( I mean in demand and supply)

Bitcoin is intangible currency and cannot be mold in physical form any how. It works on restricted ecosystem known as Blockchain. When someone send Bitcoins from one address to other, there is no real movement. But there is just transfer of ownership from one address to other. So even if someone says transferring paper wallet is physical movement of Bitcoin, he is wrong as when the other person import keys, he is just transferring ownership, not Bitcoin itself.