Quote from: btc_artist on December 06, 2011, 09:11:29 PM

Huh?

Quote from: coblee on December 06, 2011, 09:18:55 PM

In a hundred years, will this coin be just a plain 1oz gold coin with a pretty hologram and a cryptic string in it? Or would this be a highly sought after collectible worth a lot of money due to the embedded bitcoins?

You both perfectly proved my point by missing the entire object of my post: What value do embedded bitcoins hold if you can't be sure they are even there without destroying the pretty hologram that gives it it's novelty value?

Why would anyone ever accept a 1btc coin in payment for anything, if they couldn't verify that there are even btc in it without destroying the coin?

Do you see what I'm getting at? The entire value of these things (minus the raw brass, silver, or gold) is dependent on 1) Mike being honest, and 2) you never being able to verify if mike was honest with the coin you're holding. He sells an object that requires you to risk throwing away everything you paid for it just to be certain you can trust him.

Again, this is why bitcoins will never go anywhere other than these forums. Most people can think through these problems and then just never bother.