It sounds enticing. But, money without electricity? One desirable property in money is as an anonymous bearer instrument. Does cash fit into the Bitcoin paradigm?
Think thumb drive. Cash on a chip. You need to plug it into a system with electricity, but you walk around with cash in your pocket. If it’s keyed to a phrase only you know, then the cash is yours and no one else’s. It can’t be stolen, but it can be spent.
Cash has its niche. Bicoin creates a new one that has its advantages. Likewise both have disadvantages. A big disadvantage for Bitcoin is it’s the new kid on the block. Anybody remember when we didn’t have credit cards?
“...Does cash fit into the Bitcoin paradigm?”
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The dollar and Bitcoin each have their place—and places where maybe they should be avoided. Ever tried to take more than $10,000 in cash with you when leaving the country?