Post
Topic
Board Bitcoin Discussion
Re: Physical Coin Creation - Private Key Issue
by
Kazimir
on 07/01/2014, 11:53:50 UTC
Bitcoin is NOT born for Physical Coin Creation.
I'd love to own a physical bitcoin in gold or any other metal, but it's just not real, because the real bitcoin only exist in computer memory.
The real bitcoin exists nowhere. There is no such thing as "bitcoins". There is only a big list of transactions, from which we can derive what number (i.e. amount, balance) is associated with a specific address. We interpret this as "the address has x bitcoins" but this is a purely abstract concept. Bitcoins exist neither physical nor digital.