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?
Well, I think it won't make sense. Bitcoin is a cryptocurrency under the category of digital currency so giving it a physical form like fiat, won't be helpful given that Bitcoin is volatile and its market value changes a lot. It will be a problem to do such thing lso because Bitcoin is decentralized and it won't be easy to use if you are not familiar with it.