Re: Bitcoin Banknotes

Quote from: chillitabit on May 11, 2018, 01:36:44 PM

Quote from: nicktalman93 on May 04, 2018, 03:01:21 PM

As the popularity and value of Bitcoin increases so do its adoption. Recently, about 4,000 new ATMs were introduced in Argentina. A drastic transformation in this sphere is being brought by Tangem that is trying to make the cash like transaction through cryptocurrencies a possibility for the users.

Tagem, a new smart banknote platform is launching the bitcoin banknotes in Singapore, which is known for its blockchain and crypto favorable regulatory measures. The notes will be on sale at the Megafash Suntec City store. The aim is to mass produce the physical notes of bitcoin in millions by the end of 2018.

Continue reading: https://coingape.com/bitcoin-banknotes-ready-to-replace-traditional-currency/

I understand that someone might feel that crypto will become more tangible with banknotes, but the truth is that cash is slowly disappearing from the society, why would crypto need to go the opposite direction? future is cashless

But that's the whole point. The aim of introducing physical bitcoins is to make Bitcoin more usable overall as well as expand its adoption and recognition in every backward corner of the world. Even if the future is cashless, this future is not in any way guaranteed to be Bitcoin-rich or Bitcoin-aware, so to speak. In other words, whatever helps the Bitcoin future to come about is good and should be welcomed. If cash is slowly disappearing from circulation, then more power to it. Physical bitcoins are there and ready to fill the void.