the paper bitcoin I’m talking about would be bills like below (replace gold with bitcoin) and would be passed around anonymously by the plebs in the pubs after work in the fiat mine like our current dollar is. ETF is not for plebs 
Discussion
Interesting. I can imagine that. It would be a loss of #Bitcoin's decentralized and individual #sovereignty, as people would end up relying on intermediaries instead of holding and transacting with Bitcoin directly. Well, true holders will fight against that future! 💪🙂.
I think cashu and others are doing something like this. I’m not 100% up to date on the topic, but I remember hearing about the ability to do similar things with paper redeemable through mints. I probably should do more learning in this subject.
Also interesting. I’ll have to research that too. For a paper currency to work, the value of the note must lie in the authenticity of the very note you’re holding, rather than any information on it that can be copied, so a paper qr or something doesn’t fit the description.