Ballet launching Physical Bitcoins! Loaded PURE Bitcoin...

[bobbyclee]

Hi everyone!

It’s been a long while since I last visited and posted here. We’ve been busy with our business at Ballet, and now we have something fun to share with this amazing community here:



We are happy to announce here that Ballet will soon be launching the sale of physical bitcoins, similar to the loaded Casascius coins of the early days, but this time in a metal, credit card form factor (just like the Ballet cold storage wallets). This new product is called the Loaded PURE Bitcoin, and buyers will receive actual “physical” bitcoin in the mail, held and stored safely in these loaded cards. What Mike Caldwell had to stop with Casascius coins ten years ago, we are now restarting at Ballet!

There are four denominations available, which are 0.1, 0.025, 0.01, and 0.005 BTC.

This new way to buy bitcoin allows you to skip the hassle and risks of using an exchange. (And also there’s no need to request to withdraw the BTC from the exchange after the purchase!) No account creation is needed although there is still a need for KYC for higher value transactions. This Ballet product is a truly safe and convenient way to invest in and accumulate bitcoin, by directly holding it in physical cold storage. Your keys, your bitcoin.

Due to regulatory restrictions, the product is initially only available for sale in 25 states in the United States. (These 25 states are: Arizona, Arkansas, California, Colorado, District of Columbia, Florida, Idaho, Illinois, Indiana, Kansas, Massachusetts, Michigan, Missouri, Montana, New Jersey, North Carolina, North Dakota, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Wisconsin and Wyoming. This list is subject to change, and we will continue to work on expanding the coverage area to additional states in the future.)

If you reside in one of the states where this is available, we would greatly appreciate it if you could help us test the product and purchase process, by giving it a try and sharing your feedback on the experience.

After the order is placed, we will send you the PURE Bitcoin card. Once you have received the package, please use the Ballet Crypto app to confirm that you have received the card, and then the bitcoin will be loaded onto the card. (For a few states, the cards will be shipped pre-loaded for compliance reasons, and those shipments will be insured accordingly.)

We accept payment by credit card, debit card, and ACH bank transfer. Payment by wire transfer will also be added soon. We will also consider adding payment by BTC if there’s sufficient interest. Please note: the bitcoin price is locked in at the time of purchase. (Due to the volatile nature of bitcoin prices, refunds and returns are not accepted, but we will offer a buy-back policy for people to sell back their bitcoin purchase if they’re not satisfied with the product.)

To place an order for “Loaded PURE Bitcoin”, please visit:
https://bitcoin.ballet.com

If you have any questions, feel free to contact us at:
support@ballet.com

Hope you like this new product, and that you can help us test it! Please share your comments and feedback here in this thread. Long live Bitcoin!

thanks,
Bobby

[bobbyclee]

[montreal1]

very nice to see this as an option! really like all my ballet pieces

[minerjones]

Congrats on getting regulatory compliance to sell these in the US

[MoparMiningLLC]

I have asked a few people at ballet and have yet to get a clear answer

will these vary in appearance on the card or packaging from the pure wallets of the same denomination that are unloaded?

[cygan]

w00t it is really a very beautiful collection, which i will definitely treat myself.

✂
will these vary in appearance on the card or packaging from the pure wallets of the same denomination that are unloaded?

with such a collection i would hope that these wallets should be different from the rest in every aspect
but we wait for the answer from bobbyclee

[buckrogers]

Hi Bobby,

Are these "virgin loaded" cards, similar to the original BTCC chips and coins that were loaded directly from a block reward, and if not, can you offer cards created that way?

Good to see you back in action with a new product

Thanks,
-buck

[mortare]

How many will be made of each or are these unlimited?

[krogothmanhattan]

Hi Bobby,

Are these "virgin loaded" cards, similar to the original BTCC chips and coins that were loaded directly from a block reward, and if not, can you offer cards created that way?

Good to see you back in action with a new product

Thanks,
-buck

  Hi Bobby...long time no see around here!

     Glad to hear you are coming out with these physical Bitcoins. It would be more interesting if this was pure mint BTC coming right from the miners rewards to be loaded on these cards just like the BTCC.

  Also special sleeves for these would also make a big difference as well when being presented.

   Other than that looking forward to your answers on this...cheers

[av8rjeff]

Hi Bobby,

Are these "virgin loaded" cards, similar to the original BTCC chips and coins that were loaded directly from a block reward, and if not, can you offer cards created that way?

Good to see you back in action with a new product

Thanks,
-buck

That would be very appealing!

[Cryptogreatdane]

 I am pleased with your new product and commitment to tearing down the walls of regulation. I hope in the future you attempt to recapture the essence of what made physical bitcoin so special to begin with. Rarity and scarcity are the heart of driving sales. Icluding things like dates, mintage, and unique characteristics is the reason why customers become return buyers. Its the reason why your BTCCs are atill so highly sought after. I understand that you're juggling mass production and mainstream adoption and i hope that you can find a way to implement the chaacteristics that make me want to keep my ballet wallet in a glass case. I look forward to your new products and seeing what you come up with.

[123Dave]

Are they live on site

[Steeley]

Nice product Bobby. Thanks for sharing this with us here on the forum and I echo Miner Jones' congrats. I will buy quite a few.

I see the very simple business case for these being generic and love that you are putting these out there for sale. However, this is a collectors forum so you know this crowd will clamor for scarcity (above the Bitcoin being scarce of course). I like Krog's suggestion of considering pure mined coin versions, which may already be the case, and CryptoGreatDane's and Cygan's suggestion for a numbered collector series or special characteristics to make them collectibles.

I'm buying all these regardless but those features would be nice additions.

Steeley

[MrMojoRising26]

Happy to see this congrats Bobby! 

[Kryptowerk]

Congrats on a cool new release.

Any estimates / plans to bring this to European Union, too?
And are solid-silver wallets a possibility in the near future?

[BalletCrypto]

I have asked a few people at ballet and have yet to get a clear answer

will these vary in appearance on the card or packaging from the pure wallets of the same denomination that are unloaded?

These loaded cards are the same as the empty ones sold on the Ballet store, but these come in black packages, the empty ones in white. You can see the black packages here:

https://bitcoin.ballet.com/loaded-pure-bitcoin-0-005-btc
https://bitcoin.ballet.com/loaded-pure-bitcoin-0-01-btc
https://bitcoin.ballet.com/loaded-pure-bitcoin-0-025-btc

[123Dave]

What amount required KYC?

[BalletCrypto]

Hi Bobby,

Are these "virgin loaded" cards, similar to the original BTCC chips and coins that were loaded directly from a block reward, and if not, can you offer cards created that way?

Good to see you back in action with a new product

Thanks,
-buck

These cards do not contain bitcoin from a newly-mined block. We will take your request under consideration, but please be aware that BTCC had its own mining pool, which made it easier to do.

[Hookzup1]

These are a no brainer for anyone with low interest credit cards 😉

[BalletCrypto]

Congrats on a cool new release.

Any estimates / plans to bring this to European Union, too?
And are solid-silver wallets a possibility in the near future?

We don't have an estimate of when we will be able to offer this in the EU.

We do currently sell one pure silver product: https://store.ballet.com/collections/ballet/products/2021-pure-bitcoin-signature-set/