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Author Topic: MyBitcoinMint.com is Live! 1oz Silver Bitcoins and 0.5g Gold Bits available  (Read 1927 times)
MyBitcoinMint
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March 30, 2012, 02:52:25 PM
 #1

It has certainly taken some time, but I would like to announce that MyBitcoinMint.com is now live and open for business!

Our 1oz Silver Bitcoins are starting at $42.95, and the 1/2g Gold Bitcoin is $37.95.

Currently only accepting Mt Gox BTC for payment (in order to minimize currency risk), and we will be adding additional BTC and USD payment options shortly.

All orders are insured and shipped next business day.

Sound Money...from your hard drive, to your hand!

Gabriel Sukenik
My Bitcoin Mint

My Bitcoin Mint
Sound Money...from your hard drive, to your hand!
www.MyBitcoinMint.com
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"You Asked For Change, We Gave You Coins" -- casascius
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Cosbycoin
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March 30, 2012, 06:28:05 PM
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Hi res images please?
MyBitcoinMint
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March 30, 2012, 07:44:53 PM
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Above are images of the 1oz Silver Bitcoin. I will post pictures of the 0.5g Gold Bits shortly.

My Bitcoin Mint
Sound Money...from your hard drive, to your hand!
www.MyBitcoinMint.com
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Crypto is the separation of Power and State.


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September 08, 2012, 10:34:30 PM
 #4

*awakens the zombie thread*

Has anybody ever ordered and received one of these?


The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


The raison d'être of bitcoin is trustlessness. - Eric Lombrozo 2015
It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

"Hard forks cannot be co
MyBitcoinMint
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September 11, 2012, 03:33:05 PM
 #5

*awakens the zombie thread*

Has anybody ever ordered and received one of these?



Hi icebreaker,

We've been working a bit behind the scenes to try and revive this zombie product as well Smiley We're looking for NFC app developers to help us create NFC-enabled physical Bitcoins.

A few Bitcoiners purchased these rounds at the first NYC Bitcoin Conference, BitInstant's Erik Voorhees has one, and forum member ercolinux (if i remembered that correctly) has ordered from us as well. They can all assure you these rounds are real Wink

If you'd like to purchase a Silver Bitcoin, feel free to PM or visit MyBitcoinMint.com

My Bitcoin Mint
Sound Money...from your hard drive, to your hand!
www.MyBitcoinMint.com
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September 11, 2012, 09:17:19 PM
 #6

*awakens the zombie thread*

Has anybody ever ordered and received one of these?



Hi icebreaker,

We've been working a bit behind the scenes to try and revive this zombie product as well Smiley We're looking for NFC app developers to help us create NFC-enabled physical Bitcoins.

A few Bitcoiners purchased these rounds at the first NYC Bitcoin Conference, BitInstant's Erik Voorhees has one, and forum member ercolinux (if i remembered that correctly) has ordered from us as well. They can all assure you these rounds are real Wink

If you'd like to purchase a Silver Bitcoin, feel free to PM or visit MyBitcoinMint.com
http://www.tagstand.com/collections/nfc-kits/products/nfc-hacker-starter-kit-30-stickers

AFAIK, All you really have to do is write a private key to it.

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September 11, 2012, 09:57:05 PM
 #7

*awakens the zombie thread*

Has anybody ever ordered and received one of these?



Hi icebreaker,

We've been working a bit behind the scenes to try and revive this zombie product as well Smiley We're looking for NFC app developers to help us create NFC-enabled physical Bitcoins.

A few Bitcoiners purchased these rounds at the first NYC Bitcoin Conference, BitInstant's Erik Voorhees has one, and forum member ercolinux (if i remembered that correctly) has ordered from us as well. They can all assure you these rounds are real Wink

If you'd like to purchase a Silver Bitcoin, feel free to PM or visit MyBitcoinMint.com
http://www.tagstand.com/collections/nfc-kits/products/nfc-hacker-starter-kit-30-stickers

AFAIK, All you really have to do is write a private key to it.

Very true. Our goal is slightly different, because we are trying to completely remove the counter-party risk of having someone else create and be in control over your public + private key at any point. Now I'm no computer whiz, but after consulting with nerdier friends of mine, I believe it is possible to develop an app that can create a public and private key, and transfer those keys to an NFC chip. This would mean we could sell the NFC chip / Physical Bitcoin, and the customer would be able to create and export the private/public keys on their own. Thus, customers would not have to trust us and our ability to keep their keys a secret (or steal them Shocked).

My Bitcoin Mint
Sound Money...from your hard drive, to your hand!
www.MyBitcoinMint.com
casascius
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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September 11, 2012, 10:17:04 PM
 #8

Very true. Our goal is slightly different, because we are trying to completely remove the counter-party risk of having someone else create and be in control over your public + private key at any point. Now I'm no computer whiz, but after consulting with nerdier friends of mine, I believe it is possible to develop an app that can create a public and private key, and transfer those keys to an NFC chip. This would mean we could sell the NFC chip / Physical Bitcoin, and the customer would be able to create and export the private/public keys on their own. Thus, customers would not have to trust us and our ability to keep their keys a secret (or steal them Shocked).

Just to play devil's advocate:  you're right that the customer would not have to trust you, but someone receiving a loaded coin from somebody other than you would instead have to trust whoever loaded the key - someone they will never be able to identify let alone take action against in the event of a fraud.

A user could already remove the counter-party risk on a Casascius coin, simply by printing his own private key on a round piece of paper like I do, attaching it to the coin under a round sticker of his own choosing, and funding it himself.  But by doing so, his coin would not have the property of being spendable to somebody else who doesn't trust him, because that next party has no independent way to know who generated the key within it and/or whether they still have a copy of the key.

Using NFC or RFID or any other similar technology in place of the paper doesn't improve on that problem in any useful way.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper wallets instead.
MyBitcoinMint
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September 12, 2012, 03:13:31 AM
 #9

Very true. Our goal is slightly different, because we are trying to completely remove the counter-party risk of having someone else create and be in control over your public + private key at any point. Now I'm no computer whiz, but after consulting with nerdier friends of mine, I believe it is possible to develop an app that can create a public and private key, and transfer those keys to an NFC chip. This would mean we could sell the NFC chip / Physical Bitcoin, and the customer would be able to create and export the private/public keys on their own. Thus, customers would not have to trust us and our ability to keep their keys a secret (or steal them Shocked).

Just to play devil's advocate:  you're right that the customer would not have to trust you, but someone receiving a loaded coin from somebody other than you would instead have to trust whoever loaded the key - someone they will never be able to identify let alone take action against in the event of a fraud.

A user could already remove the counter-party risk on a Casascius coin, simply by printing his own private key on a round piece of paper like I do, attaching it to the coin under a round sticker of his own choosing, and funding it himself.  But by doing so, his coin would not have the property of being spendable to somebody else who doesn't trust him, because that next party has no independent way to know who generated the key within it and/or whether they still have a copy of the key.

Using NFC or RFID or any other similar technology in place of the paper doesn't improve on that problem in any useful way.


Hi Casascius! Always glad to have your input.

Agreed, a person-to-person physical exchange of these coins definitely has the trust problem. However, my main goal with this project isn't for these coins to be traded, but rather maximize the security of the public/private keys for the customer. With all the hacks Bitcoin has had, in particular the last few months, I think a product that the average person can both physically hold and also trust is an important product for timid Bitcoin noobs as well as serious Bitcoin investors looking for a safe, secure method of storage devoid of counter-party risk.

Now I'm not sure if this is possible (you'd know much better than I would), but I would also like these NFC-Physical Bitcoins to be able to transfer a limited amount of Bitcoins to another NFC-capable device, such as a friend's cell phone or your own cell phone. Say you had 1,000 BTC stored on your secured NFC Physical Bitcoin, but wanted to transfer 5 BTC for use on your phone or to pay a friend, these NFC devices could get around the 'trust' issue by directly transferring the coins between NFC devices.

 

My Bitcoin Mint
Sound Money...from your hard drive, to your hand!
www.MyBitcoinMint.com
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