Not in the way as in fiat cash that represents value, bitcoin doesn't need that because it is valuable itself, it doesn't represent it.
And they are trying to get rid of fiat cash as well. Not because counterfeit bills but because they want to track the owners of cash.

But as people have pointed out, there are physical coins as in gifts containing the private key, so you can either store them or empty them. I am guessing that many physical coins has been emptied by now.