Author

Topic: Casascius Coins - will they get obsolete? (Read 255 times)

legendary
Activity: 3472
Merit: 4801
August 24, 2017, 01:03:39 PM
#3
If I have original Casascius coins, will it be possible to redeem them years from now

Yes. As long as Bitcoin continues to exist and have value, it would be possible to redeem them.

or will the private address at some point become incompatible with the blockchain?

No.  That's not how bitcoin works.  It cannot become incompatible with the blockchain.

In case you weren't aware...

That Casascius coin has BOTH Bitcoin value AND Bitcoin Cash value.  It can be redeemed for either or both.

(Assuming that the Casascius coin hasn't been compromised and had its private key leaked/stolen.)
hero member
Activity: 574
Merit: 500
August 24, 2017, 12:27:20 PM
#2
I'd redeem and get rid of the BTC in it ASAP. Eventually it may become worthless as the BTC chain enters a death spiral and you can no longer transact on it.
member
Activity: 112
Merit: 10
August 24, 2017, 12:10:01 PM
#1

If I have original Casascius coins, will it be possible to redeem them years from now or will the private address at some point become incompatible with the blockchain?
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