Quote from: lionheart78 on September 30, 2019, 10:50:12 PM

Quote from: Polo7 on September 29, 2019, 07:08:31 PM

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!

If we implement this, we should just stick to the current system. Why spend billions of dollars just to do the same thing? Besides it is not worth doing given the risk stated by gentlemand. If the monetary system needs to advance, then just advance and leave the obsolete way behind. That way, we can avoid confusions and contradictions.

As I have mentioned previously, we are getting digital. Even the fiat system has slowly stepped out of the old way of doing transactions using paper bills and metal coins. If the current system which is basically an old system is aware that the digital or online version is the way to go, how much more to cryptocurrency which is, by design, a digital or electronic money or cash.

Furthermore, paper bills and metal coins are prone to faking and other shady processes. Bills and coins are faked, others are not faked but printed or minted without sound basis. This we cannot do with Bitcoin for example. Everything is transparent and can be scrutinized online.