Post
Topic
Board Bitcoin Discussion
Re: Will it make sense if someone turned bitcoin into paper money?
by
sirkings0003
on 25/02/2018, 11:13:38 UTC
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 do not think will make any sense. It would have lost its value when this happens. By that you will make it almost impossible for it to be used for international, border-less smooth transaction and transfer of value.