A digital asset smart banknote manufacturer has launched bitcoin banknotes at a store in Singapore. Designed to make owning and circulating cryptocurrencies as easy as using paper money, they are currently available in denominations of 0.01 and 0.05 BTC.
What do you think of these bitcoin smart banknotes? Let us know in the comments section below.
Full articles: https://news.bitcoin.com/bitcoin-smart-banknotes/
This is a good way of circulating bitcoin since it will bridge the gap between bitcoin and the areas without internet access. But the problem is that if those producers of those bitcoin smart banknotes are going to print notes more than the number of bitcoin they have in store. If they will implement it then who will be monitoring the number of their produced banknotes. This is a good innovation but we need some monitoring since paper will not pass a blockchain.