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Author Topic: A physical bitcoin article put up on Bitcoin.com today  (Read 167 times)
Steeley (OP)
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September 19, 2021, 08:57:28 PM
Merited by Symmetrick (4), OgNasty (2), blucepheus (2)
 #1

Thought I would share an article published today that is relevant to this forum:

https://www.google.com/url?rct=j&sa=t&url=https://news.bitcoin.com/2-billion-worth-of-unpeeled-casascius-physical-bitcoins-theres-less-than-20000-coins-left-active/&ct=ga&cd=CAEYACoUMTA1OTY2NDgyMDc2NDczMzU3OTQyHDJlZWVmNDE5YTZiOTE3M2Y6Y29tOmVuOlVTOkw&usg=AFQjCNH2sqTm1Owrvp6pU042suTd7O7T6w

I also see in other threads that Blucephus is making some of these gems available. Good timing.

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krogoth
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September 19, 2021, 10:01:03 PM
 #2

 Great article...thankyou for sharing!

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Hookzup1
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September 20, 2021, 12:16:31 AM
 #3

Thanks steeley for sharing, I can only imagine how valuable these physical funded collectibles are going to be once the masses learn about them. It will be like the current nft craze on crack lol

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September 20, 2021, 12:27:48 AM
 #4

Thanks steeley for sharing, I can only imagine how valuable these physical funded collectibles are going to be once the masses learn about them. It will be like the current nft craze on crack lol

I too appreciate the share as I likely wouldn't have seen it otherwise.  I'm not sure about the masses falling in love with these coins though.  A lot of crypto folks aren't interested in physical crypto as it does defeat the purpose a little bit.  Having old pre-fork BTC is pretty cool and being tied to a physical collector is definitely cool in my eyes, but I still think we're a bit of a niche interest group.  NFTs exist on the blockchain and appeal to the digital future aspect so I can see why they are more in the mainstream.  Do I think that a .png image of a pixelated head is worth millions or even worth as much as a 1 BTC Casascius coin?  No way, but I understand why it is.

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Steeley (OP)
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September 20, 2021, 02:50:25 AM
 #5

I think Og is probably right, but I think Physicals will still have their day.

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minerjones
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September 20, 2021, 10:08:56 AM
 #6

Not sure where the "author" got his statistics from, but the numbers are off....


In that same series, Caldwell minted 16 1,000 BTC bars and so far 87.50% or 14 bars have been redeemed. There were 81 Series 2 100 BTC coins (worth $4.8M each) minted by Caldwell and to date 47 coins or 58.02% of the BTC has been redeemed from that minted set.


.... and FYI Jamie Redman is a paid hack

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