Bitcoin or any digital token or cryptocurrency was never made to print in physical coins. I have seen a few website articles where people are actually holding a physical coin and I decided to do a bit of googling and I found a few articles around this.
Casacius Coins
It is actually a pity that the they decided to stop printing these coins as of Nov 27 2013, as they were actually very nice looking coins. Most of us could probably not afford a 25 Bitcoin coin in any way :) in my opinion the sudden rise in Bitcoin, must've made it close to impossible to get your timing right for the printing.
How they work:
Casascius 2-Factor Gold-Plated Savings Bar Dress your Bitcoins for tomorrow, make them look their best in your vault today. Would weigh about 12 ounces if it were solid gold, this is a 4.2-ounce metal alloy bar with gold plating. A neat-looking novelty that looks unmistakably valuable. Available as a pre-loaded 100 BTC bar, as well as a non-denominated savings bar. Two-factor encryption is available at no charge. Bar is 80mm x 40mm x 6mm.
Content sourced From
These Casacius coins actually contains the wallet private key as it is embedded within the coin :) Very clever indeed. The private key is protected by a hologram which will show the owner that it was tampered with. There is also two factor authentication available with these coins :) I just love it.
The bad part of this story is that the creator of these coins were forced to stop printing these coins by the Financial Crimes Enforcement Network, as they deemed this a money transmitter business.
Denarium Coins
Another great coin is the Finland based Denarium coin. It works in a similar fashion as the Casacius Coins with tamper proof holograms and you can purchase these coins as E-type, which is an empty coin or L-Type, which is loaded coins.
Satori Coin
The third one is the Satori coin and I do not really like the look of these coins but I just love their slogan:
Value does not exist outside the consciousness of man
Paper Wallets
In one of my earlier articles, I explained the various types of CryptoWallets and these coins are not much different from a Paper Wallet, especially the Dearium e-Type Coin.
Some of my other in Laymen's Terms Post.
ICO's or tokensales in Laymen's terms
Crypto Wallets in Laymen's terms
Smart Contracts in Laymen's terms
Artificial Intelligence in Laymen's terms
Blockchain and Digital Signatures - In Laymen's Terms
Trustless - What does it mean in laymen's terms?
Cyber Attacks explained in laymen's terms
Machine Learning - In laymen's terms
Internet of things and what it is in laymen's terms
Big data - What is it really about - In laymen’s terms
Some Technical Words explained in laymen's terms
Happy Steeming!
This is cool to own but understand these holograms are not perfect and you shouldn't put too much money into these coins. This is sort of like using a fax to communicate with the Internet. The sooner you forget about physical coins and get used to digital transactions the better. Still very cool though as something to show your friends, like my collection of Zimbabwe's billions of dolars ;)
See, I'm already a trillionaire!
look my post about waves
https://steemit.com/cryptocurrency/@superpako/waves-plataform-and-lease-cryptocurrency
Neat novelty! Thanks for posting
great post, thanks for this valuable info!
Ah sad to see the production is not present anymore. I'm sure having one of these makes the person feel like a boss 😎
Lol I agree :)
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The last one looks like chips in Casino :) The first one looks very solid indeed, although in real life I hate coins .
This post has received a 3.13 % upvote from @drotto thanks to: @upboat.
The coins look great, but i don't think they'll be much more than a novelty.
nice info.
BitFlip
Менее одного месяца назад небольшая группа разработчиков запустила стартап криптобиржи и вместе с этим была запущенна краудфандинговая программа, по оферте которой инвесторы могли получать до 10% от прибыли стартапа, а также у инвесторов пожизненно отсутствовала комиссия на исполнение сделок.
В итоге посевного раунда финансирования стартап собрал больше 1.000.000 рублей, на тот момент по курсу Bitcoin - 2.780$. Общее количество инвесторов составило 35 человек.
В прошедшие выходные командой стартапа был анонсирован старт партнерской программы по привлечению новых трейдеров. По условиям программы предлагалось от 40 до 70% дохода за клиента с выплатами раз в неделю на внутренние электронные кошельки сервиса. В анонсе также было сказано о подключении криптовалюты Ripple на текущей неделе и создание сайта на английском языке.
Yip, quit a "fancy" way of having a paper wallet or a regular hardware wallet...
I personally haven't played with any hardware wallets but might look into purchasing one (using paper wallets for now)...
How do you keep/store your BTC @jacor?
Current Bitcoin price equal to 4224.99 Dollars per 1 Bitcoin. Day's range 4151.48-4242.73. Previous day's price 4164.00, change 1,46%.
You have a very interesting blog @jacor I see that you are like me a crypto enthusiasts. I didn't know that there is some physical coins out there very cool stuff thanks for sharing and if you like have a look at my blog I am doing a daily crypto news post where I write 3-5 articles about what is going on in the crypto world . I think you will like my content if not would be nice of you to tell me what I can do better. Thank you for your time and have a nice day.
ⓁⓄⓥⒺ & ⓁⒾⒼⒽⓉ
Actual crypto coins......man losing a bitcoin would hurt. Thanks for another layman's terms post.
Hello, you are doing Amazing Work, keep it up... :) Enjoy your time here in Steemit... It's a great community! ** I am an new user, still in learning stage... I am following your account, can you please also follow me at @space-man ?
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creating fiat from crypto? but, why
Now these coins with great features i guess it's a must to collect for every bit coin lover i too will like to have one-day :)
Casacius coins i like that very much great use of technology in a very clever and smart way :D
Nice poste . I trust him. Upvoted and Re-steemit
https://steemit.com/money/@dobartim/how-did-i-earn-from-usd-40-79-btc-for-8-months
SO WHAT
But... do these physical coins hold the same value as bitcoin behind them? I don't see it getting that much adoption as it's digital counterpart...
Thanks for posting by the way.
Hi @silent.screamer , yes they actually hold the exact same value as they contain a private key to the digital wallet
@jacor that's really really cool! I'm a bit of a coin collector myself, and as a Bitcoin enthusiast to boot, this really appeals to me! I wish it was still possible to get these. I'm certain that with the limited supply - not to mention the value of a Bitcoin now - these probably are quite expensive... with a nice premium over the digital Bitcoin.
I can't decide if this actually defeats the purpose of a Bitcoin...not sure since although it IS a physical coin, it's not like fiat currency that can be printed/minted into obvlivion. Either way, it's still freaking awesome :)
Resteemed and followed!