What are ppl doing if they have BTC in physical coins and want to raise funds ? Redemption seems like vandalism and sale is impractical for the bigger denominations.
As I understand a coin sealed with say 1 btc it can be stolen by the builder/loader of the coin.
So if this is always true peeling the loaded btc seems to be a good option.
Now if you purchased an empty coin and loaded it then put it into safe keeping you would be okay.
I was going to buy a lessor item and was discussing the how to of loading the coin with Miner Jones. So He mentions I can self load some doge coins and or have him load some doge coins.
Since I have 2,000,000 doge and wanted to give a 1,000,000 loaded coin to my partner buysolar I had an interest in this.
I know miner jones is good, but if doge went to $1.00 from its current $0.0035 price. The coin would go from 3500 to 1,000,000
Even if it went from $0.0035 to $0.10. it would be worth $100,000.
So peeling a coin that you did not load becomes pretty tempting.
