It might interest you to note that the bitcoin policy has been accepted and implemented by some banks. Not long ago, I read a post on this platform which stressed on the facts that there are bitcoin ATMs in some parts of the Europe and United States.
The question is " how will these ATMs operate?" Will customers withdraw money in the form of Bitcoin notes or fiat??? Please share your views on this topic. I need clarifications.
I don't want this to happen if this happens then we will lose our decentralization feature, only government or a company can issue a note and it is bound by laws and terms let's keep the same way you have Bitcoin and you can trade it to fiat money but never create a Bitcoin note, it's a disaster if it happens.
its not a disaster but its a good idea imo . we know that cryptos/bitcoin wont work offline but if crypto will have a version of currency notes . we can now use them in double purpose and there is no need for us to exchange our cryptos to fiats . that also means that we can save alot of fees for trading however if the notes are issued by a government or a bank , they still have the ability to taxed us . idk if tax is cost more than the transaction fee 's .