Post
Topic
Board Economics
Re: Paper Bitcoin eth, ltc and others
by
SummerBliss
on 30/09/2019, 14:22:22 UTC
Do you think its a good idea to have paper Cryptocurrency in circlelation too?
Like we have fiat currency digitally we also can have Fiat Currrency as paper.
I personally think its a good idea to have btc paper Currrency or metal coins too wich Will be accepted any shops!
Second point is that the dEvil is not the paper currency or any Kind of fiat currency the devil is the just the money printing out of thin air and lending this money out.

So nothing wrong with cash cash is not a devil!

I think you misunderstood the operation of cryptocurrency. It doesn't work like digital fiat currency, it works on the concept of Proof Of Work (PoW). Whenever you make cryptocurrency transaction, it is broadcasted on blockchain and verified by the miners. So even if we create physical copy of cryptocurrency, only way to transfer it to others is transferring the whole ownership with private keys. It is not possible to transfer part of your cryptocurrency without rooting it through blockchain. So it is not feasible.