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Topic: Do you think Numismatists hate Bitcoin? - page 2. (Read 353 times)

newbie
Activity: 31
Merit: 0
September 05, 2018, 08:15:34 AM
#13
I think there is no concern of Numismatic about the digital coin or money. They tend to reserve old coins, historical coins. It is obvious currency method will change day by day. So I think they don’t hate this crypto coins
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
September 03, 2018, 03:01:12 AM
#12
If you are a currency collector "Numismatist" you will not prefer to collect digital coins; I gather things to boast about owning, digital currencies restrict it to being numbers and not something to touch.

Perhaps owning bitcoin in a physical form is much better since it has a physical presence and value increases with time.
Also in the future, we may see a new update of Numismatist like collect Pokemon and collect digital one.

Numismatics is the study or collection of currency, including coins, tokens, paper money, and related objects. While numismatists are often characterized as students or collectors of coins, the discipline also includes the broader study of money and other payment media used to resolve debts and the exchange of goods.
Someone has forgotten the source Wink

A lot of them expands their interest in more things associated with money, so it is not just physical coins or paper money. I have seen people collecting, contracts / Bond certificates / Credit cards etc.  Grin

Yes, sorry I should have added the source for the definition of a Numismatist - https://en.wikipedia.org/wiki/Numismatics   Roll Eyes
member
Activity: 358
Merit: 11
September 02, 2018, 07:25:09 AM
#11
The collection of coins is a fun and it give me joy to have my money on the online media. Those who think of the fear in participating in digital media all because of scam and computer security issues.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
September 02, 2018, 07:03:06 AM
#10
Casascius physical bitcoins is normally not dated,

i haven't really checked Casascius coins but apparently there are different versions, some contain bitcoin (mini private keys that hold bitcoin).
so they ARE dated, in fact their dates are the strongest and the most decentralized dating mechanism that you can hope for. how? it is linked to coins (a transaction output) on the bitcoin blockchain. the transaction that is included in a block that has a timestamp Grin
jr. member
Activity: 89
Merit: 1
September 02, 2018, 06:49:23 AM
#9
not yet heard about the collectors who collect crypto.. this direction came with the Fiat coins. I think they will stop there. this is separate from the cryptocurrency world.
jr. member
Activity: 182
Merit: 1
September 02, 2018, 06:48:22 AM
#8
very funny question but it seems to me that of course they do not want to even even hear about it Grin
legendary
Activity: 2702
Merit: 4002
September 02, 2018, 06:41:32 AM
#7
If you are a currency collector "Numismatist" you will not prefer to collect digital coins; I gather things to boast about owning, digital currencies restrict it to being numbers and not something to touch.

Perhaps owning bitcoin in a physical form is much better since it has a physical presence and value increases with time.
Also in the future, we may see a new update of Numismatist like collect Pokemon and collect digital one.

Numismatics is the study or collection of currency, including coins, tokens, paper money, and related objects. While numismatists are often characterized as students or collectors of coins, the discipline also includes the broader study of money and other payment media used to resolve debts and the exchange of goods.
Someone has forgotten the source Wink
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
September 02, 2018, 06:17:16 AM
#6
Numismatics is the study or collection of currency, including coins, tokens, paper money, and related objects. While numismatists are often characterized as students or collectors of coins, the discipline also includes the broader study of money and other payment media used to resolve debts and the exchange of goods.

If you look at the underlined part of the definition of Numismatics, then you should not hate Bitcoin or Crypto currencies. Do you think they classify Bitcoin/Crypto currencies as a payment media?

Do they prefer physical objects over digital payment media? If there are any Numismatists out there, please give your opinion on this subject, because I am very curious where you stand on this. I am a coin collector and I love all forms of payment media.

Share your thoughts please.  Wink

They shouldn’t. Numismatics anyway have a lot of fiat coins to collect. If they want to branch out, they can collect physical bitcoins as well. If coins decrease in circulation because of adoption of cryptocurrencies, then their collections will become more valuable.

Casascius physical bitcoins is normally not dated, so they will have to change the design to add a date and these coins are just a fake representation of the real currency. If you add a paper wallet with a hologram and some bitcoins, then these coins will increase in value, if the private key is not exposed.

Yes, digital currencies will increase the value of old fiat currencies, but some collectors also buy uncirculated new coins that are minted, because they are more valuable than circulated currencies.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
September 02, 2018, 05:28:24 AM
#5
Numismatics is the study or collection of currency, including coins, tokens, paper money, and related objects. While numismatists are often characterized as students or collectors of coins, the discipline also includes the broader study of money and other payment media used to resolve debts and the exchange of goods.

If you look at the underlined part of the definition of Numismatics, then you should not hate Bitcoin or Crypto currencies. Do you think they classify Bitcoin/Crypto currencies as a payment media?

Do they prefer physical objects over digital payment media? If there are any Numismatists out there, please give your opinion on this subject, because I am very curious where you stand on this. I am a coin collector and I love all forms of payment media.

Share your thoughts please.  Wink

They shouldn’t. Numismatics anyway have a lot of fiat coins to collect. If they want to branch out, they can collect physical bitcoins as well. If coins decrease in circulation because of adoption of cryptocurrencies, then their collections will become more valuable.
sr. member
Activity: 980
Merit: 252
September 02, 2018, 05:22:52 AM
#4
Now a community of crypto numismatists is being created. And I am one of them. I think that the usual numismatists should not hate crypto currency
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
September 02, 2018, 04:37:42 AM
#3
I too have a small coin collection which started about 30 years ago when a family
friend gave me their box of coins.

Coin collecting and Numismatics is in decline, at least that is the sentiment I have
read on one of the other forums. There seems to be a noticeable drop off in the
number of young people getting interested in the hobby.

I dont think this is to do with bitcoin and crypto because FIAT currency is moving
towards a digital space for a good number of years. Really since in my country
have stopped being paid in cash for the last 20 years and more so in the last 10
being paid electronically.

There are still many physical crypto Coins and tokens which are collectable, just
look in this section of the forum for inspiration where there is a constant trade of
coins > https://bitcointalk.org/index.php?board=217.0

We tend to forget that the decline in Numismatics are also being caused by the whole scope of the digitization of money. PayPal and people using mostly credit cards are definitely having a significant impact on the decline in the use of cash/coins/paper money and most arcade games and casinos are using smart cards and not coins or physical tokens anymore. 

It is actually sad, because coin collection is a form of art in many ways and a very cool hobby.  Grin
legendary
Activity: 2436
Merit: 1362
September 02, 2018, 03:17:46 AM
#2
I too have a small coin collection which started about 30 years ago when a family
friend gave me their box of coins.

Coin collecting and Numismatics is in decline, at least that is the sentiment I have
read on one of the other forums. There seems to be a noticeable drop off in the
number of young people getting interested in the hobby.

I dont think this is to do with bitcoin and crypto because FIAT currency is moving
towards a digital space for a good number of years. Really since in my country
have stopped being paid in cash for the last 20 years and more so in the last 10
being paid electronically.

There are still many physical crypto Coins and tokens which are collectable, just
look in this section of the forum for inspiration where there is a constant trade of
coins > https://bitcointalk.org/index.php?board=217.0
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
September 02, 2018, 02:38:09 AM
#1
Numismatics is the study or collection of currency, including coins, tokens, paper money, and related objects. While numismatists are often characterized as students or collectors of coins, the discipline also includes the broader study of money and other payment media used to resolve debts and the exchange of goods.

Source : https://en.wikipedia.org/wiki/Numismatics

If you look at the underlined part of the definition of Numismatics, then you should not hate Bitcoin or Crypto currencies. Do you think they classify Bitcoin/Crypto currencies as a payment media?

Do they prefer physical objects over digital payment media? If there are any Numismatists out there, please give your opinion on this subject, because I am very curious where you stand on this. I am a coin collector and I love all forms of payment media.

Share your thoughts please.  Wink
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