Do you consider Bitcoin being more a cash-like money or virtual-like money? I consider Bitcoin being more a kind of cash, yet virtual.
Nowadays, I can see people being aware of the malicious attempts of states to get rid of cash and use their digital kind of fiat. So, some people keep cash more. I could see places where they stopped accepting cards and only accept cash.
They cannot see what we, Bitcoiners, see, the difference between fiat and stateless money. They see the difference between cash and bank-virtual money. Some of them can see the risks of CBDC. However, for them, Bitcoin is just another virtual thing, that is not cash. Something, they cannot hold in hand, something controlled by somebody else (which is not true, but difficult to understand).
Thus, for normies there might be the view: cash (good) vs. virtual money (bad). For us, there is Bitcoin (good) vs. fiat (bad). How to make Bitcoin look more like cash and less like the virtual bank-like money?
Did you read the Bitcoin whitepaper? Is not enough clear what is says in the paper?
Virtual means it doesn't exist in real life. Digital (electronic) means it exist only in digital world.
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One thing is what is written in a whitepaper, maybe it's clear to me, maybe it's not, but that's not what the post was about. It was about one's perception.
For most normies I know, virtual=digital, something they believe they cannot control. That's why they prefer cash and do not care about it is fiat. Bitcoin does not look like the cash they know, thus they reject it.
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bitcoin and physical cash work very nicely together
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Yes. But all physical cash today is fiat-based...
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