Post
Topic
Board Collectibles
Merits 5 from 1 user
Topic OP
Question: What is going to protect authentic physical bitcoins?
by
Steeley
on 13/07/2021, 04:10:52 UTC
⭐ Merited by Agrawas (5)
ChiBitCty and I just did a friendly trade recently to add things neither of us had in our collections. One of the coins he threw into the lot from his side was a coin I was unfamiliar with. It is a Delos Nordic Gold coin: https://bitcointalk.org/index.php?topic=2865959.

Cool coin. Anyway, I was on Amazon buying something boring, like cleaning supplies, and this is suggested to me: https://www.amazon.com/Bitcoin-Commemorative-Coin-Collectibles-Souvenir/dp/B093HJSF6C/ref=rtpb_4/138-9484906-7861738?pd_rd_w=szZyo&pf_rd_p=d469445f-f379-4439-8279-2c1ffdd6191d&pf_rd_r=5KWQHKD7MS064TV3S4DQ&pd_rd_r=40039ba5-f578-45c7-ae17-89cef1054c5f&pd_rd_wg=MbP7G&pd_rd_i=B093HJSF6C&psc=1

WTF? First, Is Amazon spying on me? yes. But more importantly, $4.75 for a piece a crap coin that steals designs from two legit designers?!

So anyway, just ranting mostly, but it does lead to a question: What is going to maintain authenticity and collectible value into the future while bitcoin becomes more valuable, the collectible market grows, and even more scam artists and copycats enter the arena?

Is seems like cheapo knock-offs are multiplying and that non-loaded tokens are screwed. The funded coins at least have the blockchain as an authenticator. With ANACS out of the game maybe IGC gets serious and doubles down with more service? Maybe something new needs to arise to help validate and preserve the value that designers are creating?

What do you think?

Steeley