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?
without blockchain the paper money is not protected and how and who will print it? who will have control over it? if you print paper money and call it bitcoin, you have no other thing than another fiat currency. think about it and try to understand bitcoin. it is better than printed paper money, i think.