Post
Topic
Board Project Development
Re: I want Physical Bitcoin!
by
teddy5145
on 25/04/2018, 05:31:20 UTC
Any man or an organization who made a phisical bitcoin carrier are always have access to the bitcoin account printed on this. You'll can't to thust everyone who request you to buy it that he doesn't spend all the bitcoins first after your purchase.
That's not how it works.
Physical Bitcoin private keys are hiden behind the hologram sticker, if you remove the sticker then you know that the private keys are compromised.
Though it doesn't really matter, people who bought Physical wanted because of their collectible value, not the coins stored inside.


oh physical bitcoin in the less precise sense would be a coin with bitcoin logo minted on

in the absolute precise sense the coin would have to also be a hard wallet cointaining 1 bitcoin.

that is not dividable and the hardwallet must be anytime be examinable for validity.
Not quite.
Just because it's a one physical Bitcoin, doesn't mean it has to be one bitcoin stored inside.
Most only has a few BTCs stored inside via a private key either engraved on the coin or behind a hologram.

Quote
that is not dividable
Bitcoin is divisible, their physical collectibles are not because it is collectibles.

@OP
https://bitcointalk.org/index.php?board=217.0
There are a lot of coins there, although most are second hand product, if  you don't mind you can grab a few Smiley