I wonder why there is not more supply and demand for physical bitcoin. Let me explain ...
I assume that it is technically as secure to produce physical bitcoin as it would be to create bitcoin keys via the glacier protocol.
Please find my question regarding security here:
https://bitcointalk.org/index.php?topic=5323632.0That said, I understand that there is a market for hardware wallets, that fullfil the need for secure keys. The market is - according to the back of the enevlope calc I did - round about 5 million user for hardware wallets. But hardware walltes have security flaws.
I also assume that the market for physical coins is way less - something like 50.000 user.
Right now there is a market of 100 Million bitcoin user, so it is obvious to see that 99% do not follow the "Not your keys, not bitcoin mantra". I mean no wonder, when it is so hard to produce a secure setup. The glacier protocol is cumbersome and you would have to be a technical expert to follow that protocol.
So why is there not more demand and supply for physical bitcoin?