Post
Topic
Board Bitcoin Discussion
Re: If Bitcoin were a physical currency.
by
AprilioMP
on 23/10/2023, 07:01:13 UTC
I'm new here and don't know much about bitcointalk forums. But I thought about Bitcoin for a while. At one point I wondered what it would be like if Bitcoin was a physical currency instead of a digital currency. It would not have gained so much popularity, and its price would not have increased so much. If it were a physical currency, it would be very difficult to buy, how would you buy? And had to go to different stores to sell or buy. How difficult it would have been then. Are you thinking about this?

If Bitcoin is physical and can be touched like fiat currency, then Bitcoin is not an electronic payment system.

The value may be the same as fiat currency and has the potential to be used as a fake at any time outside the rules, such as counterfeiting paper currency. When that happens, it will be difficult for you to get it if you don't trust the currency counterfeiting group.
At another point, Bitcoin is no longer the best hedge if Bitcoin is anything like physical currency.

In real life, have you ever thought about what if your idolized fiat currency became an electronic payment system that you could use as an investment asset?
Just live your life according to reality, bro.