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RE: Bitcoin Banknotes Are Out: What Do You Think?

in #steemit7 years ago

This smells fishy to me, and I think having physical currency of this kind will not work. Like you say, mostly what this is about is a sensational marketing ploy. Will these notes have any relevance when the price shoots up wildly and then goes back down just as violently? (as has been predicted to happen by years end). Bitcoin is a global currency, and it's based a lot on how the community interacts with it. Does the community want hard currency? My guess is not really

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Marketing stunt for sure, but in the banknotes defense, their value would rise and fall alongside BTC price, so they would always be worth the same. 0.01 and 0.05