Just crossed my mind today. Will it make sense if someone will create a paper money equivalent of bitcoin? And the coins will be the smallest unit of bitcoin, Satoshi? Like the currency today? I think it is okay if it became a globally accepted currency. And it will serve as a payment for everyday goods. What do you think?
I think you are saying that if someone prints a Bitcoin paper wallet and use it as a fiat currency, will it work? yes but it doesn't make sense, lets say you purchase something and you want to use that paper wallet that contains Bitcoin to pay for it, I don't think it's a good idea for a seller to receive a paper wallet as payment because the one who printed those paper wallet knows the private key, so he can just use the paper wallet to pay for things and just import the private key to a wallet and send all the Bitcoin to another address. Bitcoin was designed to be a digital currency and intangible, and for you to have a secure transactions, all transactions should be broadcast to its network and gets confirmed.