I am 100% against selling 1 btc coin with seals without actually have the listed btc in them (that's actually committing fraud)
Fraud, really?
if he sells coins with "1 Bitcoin" on them and an intact seal when in fact it doesnt actually have any btc in them, it is fraud. But from my understanding mike is changing the design and removing the numbers, then no it's not fraud.
Not to beat a deadhorse, i just think that will make casascius worthless, like those play coins that get sold for a few bucks.
I'm not certain owhat country's definition of fraud you are basing that assessment on, but here in the USA, I believe there are 5 elements that need to be met to be considered fraud. One of which states, "to be fraudulent, a false statement must be made with intent to deceive the victim. It seems like a simple description smashes the intent to deceive argument.