I don't think it is right and if the news is true then also i must say there is no need of that because digital means virtual if it become physical then the name digital become meaning less.

Hello

Read OP I think advantages are explained pretty well.

Advantages:
1. No fees - Only fee it would be paid would be in the process of making physical bitcoin and when you would send BTC from the physical bitcoin. And both of these fees can be at minimum, because there is no need to hurry. When you are spending physical bitcoin there is no fee required. The only fee could be from the person who receive bitcoins as payments.
2. Simplicity - It would finally become simple for old grandpa or grandma to use Bitcoin. No wallet, no computer, no explaining, no electricity...
3. No need to understand everything - We don't understand all the things we use everyday (how computers work, how internet works, how cars work...) but we still use them with no concerns. So it should become same with Bitcoin, we just need to make thing so simple that anyone can use without understanding it. And physical bitcoin is a big step towards this goal.
4. Good advertisement - If anyone can use BTC as payment method with ease it is very good for Bitcoin.
5. Interest - You can start to explain about Bitcoin, blockchain with something to show. Now only people who can use computer are able to operate with bitcoins. If you have something to hold anyone can start from there. This would in my opinion raise interest in blockchain technology a lot.
6. Secure - If coins would be safe (disadvantage n.1) this would be really safe currency to use. It would actually be backed with blockchain technology which we know is impossible to break, for now.

Hm, did you post this in the right thread?
In general you always have private key or mnemoric seed for certain bitcoin wallet. So it is your responsibility to take care of security (make copies of them and store them in a safe place). There is no insurance though.
But in case of physical bitcoin this wouldn't be possible since you shouldn't get copy of private key until you "destroy" that coin/bill. It would become worthless after you "open" it.

Yes, this is one option. It would actually makes sense if you would put address on these notes. So people could always check that there really is a bitcoin on that address. Of course this means centralization.
I wouldn't say this is like current cash (FIAT) because it isn't backed up by anything. It was true until gold standard still applied.

Bitcoin it's sacred on the internet, is it the future of Bitcoin physics or is it still a long chain after, the physical bitcoin is the future? Man, the main purpose of bitcoin is completely wasted. It's not bitcoin anymore. Besides, bitcoin in a physical form is more trouble and people will choose fiat money on that physical bitcoin.

Bitcoin in physical form is useful but in physical will be really dangerous to use because imagine keeping over 6000 dollars worth of note inside your pocket during the day can you actually live without fear and continue to world that someone will take from you or will lost notes  so it would be really difficult thing to do           

I don't see a point in having physical bitcoins (or any other cryptocurrencies) as then we would lose some of the key features that cryptocurrencies are bringing into the game. I think debit cards are as far as we will get to physical form.

I really don't think that it is possible because all the physical money is replaced with bitcoin and they're not having a need to print all those 21 or something decimals for bitcoin cash, it is insane in the useless.

I don't think physical Bitcoin can be considered as the future of Bitcoin it is like a step back from the future because Bitcoin was introduce to eliminate the physical use of currencies for many reasons such as security, convenience and many other and if we again turn Bitcoin into physical form what is the different the crypto world has made to the world and will there be a difference between Bitcoin and United states dollar