(IMO) they are not worth the same...

[Wexnident]

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Why bother? Digitalization is something that the majority of the world would eventually adopt anyway. I don't see any reason for creating one to represent Bitcoin and even if it does happen, it's still being made under someone's jurisdiction. Someone linked about the cold key issue that happened before in the forum and that's exactly something people would fear that could happen if they ever wanted to buy a physical Bitcoin.


And if anyone actually does something like this, it's a collectible at most. It's not something that will be distributed like the physical fiat that we have. I see no reason why people would want to regress lol.

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[Ayers]

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Why bother? Digitalization is something that the majority of the world would eventually adopt anyway. I don't see any reason for creating one to represent Bitcoin and even if it does happen, it's still being made under someone's jurisdiction. Someone linked about the cold key issue that happened before in the forum and that's exactly something people would fear that could happen if they ever wanted to buy a physical Bitcoin.


And if anyone actually does something like this, it's a collectible at most. It's not something that will be distributed like the physical fiat that we have. I see no reason why people would want to regress lol.

That's exactly a regress because no tangible asset can be decentralized, and if physical bitcoins were created, it would be no different than diamonds or fiat money, which are centralized and controlled by governments. government or any third party. Physical Bitcoin is a really bad idea and if anyone is suggesting it it is definitely the government because bitcoin is the only asset they have not figured out how to control.

I remember several times we discussed it and encountered strong opposition, I was sure this idea would never be accepted by the bitcoin community.

[rachael9385]

After watching this video on social media then I conclude to post it here for other people to take a good look at it and say their mind.
Bitcoin is an online currency which can be used for different purposes like buying, selling, trading, investing and you can use it as means of payments on your business.
Bitcoin was invested on 2009 and the value of 1 Bitcoin was too low. People that believed on it bought it when it was low price did buy the ones they can. Many people didn't buy Bitcoin because they thought Bitcoin is another Ponzi schemes project.
Today Bitcoin is @66k and people are looking for money to buy as much as they can because they have realized that Bitcoin is a legit project and it's almost bull time.

However, I commend you all to take some time and watch how this man made a physical bitcoin with gold and it looks exactly like Bitcoin. Question is will the physical bitcoin worth the same rate like the online Bitcoin? or another design?

Reason for meriting the post is because you already know that the both can not be worth the same, but that's not real gold. IMO the creator of that design is a Bitcoin fan and nothing much.
Bitcoin is a decentralized currency and if it's physical it's won't worth the same till date and it's assistance won't be till date.
However I don't think it's safe to keep a physical bitcoin in your House because nowadays Bitcoin is worth people 1 year whole salaries and there are people that could do anything to have it. Even now robbers are attacking bitcoiners, so I don't consider keeping any physical bitcoin in your apartment if there's any physical thing gats called Bitcoin. The design that was made from the man is also a threat to him as there are lot of people that doesn't know what Bitcoin is.

[FatFork]

Question is will the physical bitcoin worth the same rate like the online Bitcoin? or another design?

Bitcoin is always digital, and will always be. There isn't a physical version of Bitcoin. What you described sounds like a cool collector's item! Depending on the information it contains, and other factors, it can achieve a higher value than "regular", digital bitcoin. The value can come from a combination of factors: The value of the bitcoin it represents (if it contains a private key to access real Bitcoin) + the value of the material from which the physical coin is made (e.g., gold, silver) + the collector's value (limited edition, historical significance, overall coolness, etc.).

[Pi-network314159]

However, I commend you all to take some time and watch how this man made a physical bitcoin with gold and it looks exactly like Bitcoin. Question is will the physical bitcoin worth the same rate like the online Bitcoin? or another design?

It can't be possible. there are many reason to why Bitcoin cant be used physically. All those metal use to produce bitcoin is just to produce a Bitcoin lookalike for decoration and nothing more. So far as I no the reason behind Bitcoin not being possible to be used as a phulysical means of exchange is because
1 Bitcoin works in blockchain technology which all transactions passes through the blockchain and need many confirmation before arrival.
2 bitcoin only moves from wallet to wallet because of it digital nature.
3 Bitcoin is limited in supply and it's too expensive to be printed as a physical asset otherwise it will be painted above the numbers of circulation. someone might just duplicatethe exact amount needed to bankrupt a particular industry or firm.
4 Bitcoin works with privacy that is why it needs pass phrase to make sure it is safe for people not to accept. So having physical bitcoin is like endangering peoples life. Because the buyer and the seller may be in a big mess If they know you own a physical Bitcoin. Though there are many other reasons why Bitcoin can not be printed, but let me just use this few reasons.

[SFR10]

However, I commend you all to take some time and watch how this man made a physical bitcoin with gold and it looks exactly like Bitcoin.

The latter part is quite confusing for me...

Question is will the physical bitcoin worth the same rate like the online Bitcoin? or another design?

As others have mentioned, there's no such thing as a physical Bitcoin, but the different Bitcoin-related collectible coins you're referring to will always have a different value ^{[each design has its unique value as well]}.

In physical bitcoin, the private keys are simply embedded into physical objects. A physical bitcoin without this embedding is useless.

It's worth noting that some people buy/sell unfunded collectible coins!

(someone created that physical item and funded it, so it is somewhat centralized)

You have a point, but we can mitigate this problem by purchasing from manufacturers that sell unfunded DIY collectible coins.