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Author Topic: [2016-03-11] Satori Coin: physical bitcoins released in Japan  (Read 469 times)
smartgerman
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March 11, 2016, 02:01:26 PM
 #1

Satori Coin: physical bitcoins released in Japan
Japanese company Raimu Inc. has prepared for release a series of physical bitcoin units to promote the digital currency among the public. The coins contain amounts small enough to compete with fiat change.
http://www.coinfox.info/news/5069-satori-coin-physical-bitcoins-released-in-japan
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March 12, 2016, 12:42:53 PM
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I'm looking forward to getting a few of these coins once they are available.  I wish they were pre-loaded with a little bit more bitcoin. 0.001 BTC is a little too small in my opinion.  It's only about 40 cents worth as of now.  If there was some way to prove that the creators don't still have the private keys, I would feel comfortable loading the physical coins with more bitcoin.

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March 12, 2016, 01:32:12 PM
 #3

Why do these coins look like poker chips?
Just from design perspective I prefer the old Casascius coins.
However in terms of promoting Bitcoin to a broader audience in Japan it's definitely a cool idea.
I just hope the initiator doesn't get any trouble with regulators.
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March 13, 2016, 02:12:25 AM
 #4

Why do these coins look like poker chips?
Just from design perspective I prefer the old Casascius coins.
However in terms of promoting Bitcoin to a broader audience in Japan it's definitely a cool idea.
I just hope the initiator doesn't get any trouble with regulators.

That is true. You don't want to be slapped with an "illegal money transmission" case as soon as you start your business.
These coins look neat. I am sure they will become collector's units soon.



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March 15, 2016, 06:32:46 AM
 #5

I think it must be for purchasing small commodities like  food items or daily use items. But it is a good initiative. The more options the better it is.
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March 15, 2016, 12:11:56 PM
 #6

I think it must be for purchasing small commodities like  food items or daily use items. But it is a good initiative. The more options the better it is.
yeah, that will be useful to accept it in food shops.

Japan is really cool. if this coins succeed in a country like Japan, another country will follow Japanese's stepfoot probably.
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