Because of the casascius vs money transfer law incident, I wanted to ask if there are any laws in Europe that are similar to those in the USA. Would a sale of self created physical bitcoins with 10BTC loaded onto them in total need to be licensed?
I want to confirm what has already been mention about the denomination.
If you are planning to generate private keys and load them with 10 BTC, then will you get zero or close to zero sale.
Selling loaded coin requires enormous amount of trust.
The thing about trust is that you cannot prove that you can be trusted, trust is something that is gained over time.
The sad story of Coinographic shows why this is an important issue.
Personally I would be ok with 0.01-0.05 from an unknown/untrusted manufacture.
I would even have my concerns with a 0.1 BTC denomination coin.