Post
Topic
Board Nigeria (Naija)
Re: What if the Bitcoin was in note?
by
Pi-network314159
on 09/03/2024, 03:27:10 UTC
maybe your wallet may even get lost but still some people don't feel it when their money get lost because it's not that very high
No matter how small a lost amount may be, it must surely affect the owner. You can't use exchange rate to justify a lost amount all amount is important even the if $1 lost from a whit man you think they don't feel it because it is $1? Kindly note that we all are humans inrespective of our race.

What if the Bitcoin was in notes and with the same value as it has now, do you think anyone would misplace it or even walk with it on the street.
First of all bitcoin can never be on notes, Because it is a digital money that runs on blockchain protocol which implies that it moves from wallet to wallet. And it changes in price on a regular basis the price of Bitcoin is too volatile to be a note. You might go to the supermarket and decide to buy a goods of 1BTCat maybe @67k maybe before your arrival to the supermarket btc price has dropped to $66k you may not be able to afford what you wanted to buy because the price has changed.

Eventually you see a Bitcoin note will you return it to the owner. Let's be sincere and also see it as fun.
To be honest I can never return back that btc because it doesn't have a mobile number to contact the owner just like the usual fiat lost and people always pic without return, such will be don to it. And moreover if bitcoin were to be in note with that price, it will not be ranpard because even bank will not release it any how because it is too expensive and it will be limited in supply in banks because creating more of it will reduce it value.