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transactions – If “bitcoin is a digital forex” as they are saying, why do not some folks contemplate a pendrive as a “physical-virtual forex”?

Coininsight by Coininsight
March 24, 2025
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transactions – If “bitcoin is a digital forex” as they are saying, why do not some folks contemplate a pendrive as a “physical-virtual forex”?
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A real query, if “bitcoin is a digital forex” as they are saying, why do not some folks contemplate a “pendrive” (a bodily machine that shops public-private keys to handle cash on a blockchain) as a “physical-virtual forex”?

For instance, suppose Bob provides Alice a pendrive that incorporates 1 bitcoin. Alice exchanges his favourite programming ebook known as: “Javascript” for 1 bitcoin contained on the pendrive.

how?

Alice(ebook) -> Bob (pendrive)
Bob(pendrive) -> Alice (ebook)

would this be thought of a sound transaction (pendrive -> ebook) although it isn’t on the blockchain? On this hypothetical state of affairs, was there a sound transaction although nothing was achieved instantly on the blockchain?

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A real query, if “bitcoin is a digital forex” as they are saying, why do not some folks contemplate a “pendrive” (a bodily machine that shops public-private keys to handle cash on a blockchain) as a “physical-virtual forex”?

For instance, suppose Bob provides Alice a pendrive that incorporates 1 bitcoin. Alice exchanges his favourite programming ebook known as: “Javascript” for 1 bitcoin contained on the pendrive.

how?

Alice(ebook) -> Bob (pendrive)
Bob(pendrive) -> Alice (ebook)

would this be thought of a sound transaction (pendrive -> ebook) although it isn’t on the blockchain? On this hypothetical state of affairs, was there a sound transaction although nothing was achieved instantly on the blockchain?

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