so, lets build physical coins. a real stable and anonymous system.
then we will be a currency.
tomorrow, we will show you our physical coins (ver.1).
Gee, how will we send those coins between countries? In a priority mail?
sarcasm aside, I'm failing to see the utility of this myself, unless they ARE some form of a paper wallet.
Let me rephrase that. I can see LOCAL utility, but if the physical coin does not have a way to translate to the blockchain, then it isn't SHA, it's something else. And what makes cryptos unique amongst currencies is a combination of a few factors.
1. Instant transfers (not counting confirmation, of course) anywhere in the world without the need of third parties. (physical coins defeat this!)
2. No central issuance. The coin IS the blockchain! (physical coins defeat this!)
3. irreversibility of transactions. (this one is true of both forms)
The other factors of cryptocurrency are common to all forms of money, so I'll not belabor them here. But the first two items on my list are cause for a great deal of concern on my part. You need to be REALLY specific in what you're doing here, Frank. So far, I've had your back on the revival. I don't stand opposed now, but physical coins that, on reading it, don't appear to have any connection to the block chain is very concerning.