Thoughts on this. Now at this time. It would be almost impossible to make a physical Bitcoin. But with advances in technology it could be possible. Maybe if you have just whole numbers of Bitcoin, eg 1 Bitcoin.
i am thinking its possible into a almost like a paper note format, with bar codes etc on it. It would be centralized in physical form almost, but i think it could be possible to actually have a physical aspect that could be moved in the real world.
What are your thoughts on what a physical Bitcoin could look like and an idea on how it would work?
Although physical Bitcoins do exist but they are not used for day to day transactions , instead they are often collected as novelty items. Using Bitcoins as mode of payment will require a central authority to issue and regulate it, which goes against the core concept of decentralization, which is the foundation of bitcoin network. Therefore use of physical Bitcoins for daily transactions could potentially compromise the integrity and decentralized nature of digital currency.