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Topic: New form of physical bitcoin (Read 1294 times)

full member
Activity: 140
Merit: 100
May 09, 2014, 07:28:42 AM
#21
Great..
newbie
Activity: 26
Merit: 0
May 09, 2014, 12:59:17 AM
#20
I will no longer buy pre-loaded coins of any kind. I don't trust anyone other than myself with handling of private keys, sorry.

+1

Unless myself, nobody can be trusted!
newbie
Activity: 26
Merit: 0
May 09, 2014, 12:44:24 AM
#19
If you could have a way to allow customers to "print" or add the private key to these bills themselves, you would gather a lot more interest. I don't know of many people that would allow someone else to print/have the private keys for the 1btc that would be included on these. Is there any way you could leave a blank spot on the bills where the users could stamp or write the private key themselves and then attach your hologram on top?
Or use customer-provided BIP38 private keys.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
May 09, 2014, 12:10:43 AM
#18
If you could have a way to allow customers to "print" or add the private key to these bills themselves, you would gather a lot more interest. I don't know of many people that would allow someone else to print/have the private keys for the 1btc that would be included on these. Is there any way you could leave a blank spot on the bills where the users could stamp or write the private key themselves and then attach your hologram on top?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
May 08, 2014, 12:22:12 AM
#17
Are these just in gold or can you make them in something harder like platinum? Gold is rather soft to hold a private key. Would it come in a hard case or as is? Hologram?

There is a precise amount of gold between layers of durable polyester.  Each note is made by precisely depositing gold, atom by atom, onto a printed polyester substrate. This produces a unique effect on the reverse side of the note. Where there is no printing, the gold is very shiny, but where gold atoms have fallen on print, the gold has a matte finish, making it look as though the gold itself has been printed in reverse.



The precise quantity of gold is verified through rigorous testing and verified by independent laboratories.

The gold is also easy to recover, using standard assay methods.

Private keys will be printed directly to the note during manufacture and obscured using tamper proof holograms.

Are you using a 3rd party to manufacture these and print the private keys on to them?
sr. member
Activity: 371
Merit: 250
May 07, 2014, 08:25:19 PM
#16
Yes.. make a 15 percent coins with 1 btc and 85 percent with a .1 value
sr. member
Activity: 382
Merit: 253
May 07, 2014, 05:14:15 PM
#15
I will no longer buy pre-loaded coins of any kind. I don't trust anyone other than myself with handling of private keys, sorry.

Exactly. These sorts of things only have value as collectors items and can't really be good as a physical "cash" version of bitcoin.

Valaurum (or my Shire Silver) does work as a physical cash-like thing, but doesn't work online. Bitcoin works fantastic online, but doesn't work offline.

Once you separate bitcoin from online you lose the safety that is provided, just like if you try to make gold into a digital currency you lose the safety of physically holding it. Its all about having actual control over the currency.
sr. member
Activity: 604
Merit: 273
May 07, 2014, 04:10:25 PM
#14
I will no longer buy pre-loaded coins of any kind. I don't trust anyone other than myself with handling of private keys, sorry.
legendary
Activity: 2254
Merit: 1043
May 07, 2014, 11:40:40 AM
#13
Are these just in gold or can you make them in something harder like platinum? Gold is rather soft to hold a private key. Would it come in a hard case or as is? Hologram?

There is a precise amount of gold between layers of durable polyester.  Each note is made by precisely depositing gold, atom by atom, onto a printed polyester substrate. This produces a unique effect on the reverse side of the note. Where there is no printing, the gold is very shiny, but where gold atoms have fallen on print, the gold has a matte finish, making it look as though the gold itself has been printed in reverse.



The precise quantity of gold is verified through rigorous testing and verified by independent laboratories.

The gold is also easy to recover, using standard assay methods.

Private keys will be printed directly to the note during manufacture and obscured using tamper proof holograms.
legendary
Activity: 1456
Merit: 1000
May 07, 2014, 11:26:40 AM
#12
Are these just in gold or can you make them in something harder like platinum? Gold is rather soft to hold a private key. Would it come in a hard case or as is? Hologram?
sr. member
Activity: 275
Merit: 250
May 06, 2014, 12:57:06 PM
#11
Sounds interesting Smiley
legendary
Activity: 2254
Merit: 1043
May 06, 2014, 12:36:51 PM
#10
something like this -

Extremely hard wearing and the gold can be easily recovered through standard methods


legendary
Activity: 1470
Merit: 1017
Star Wars Ep. 9 is here
May 06, 2014, 12:34:21 PM
#9
Like a bitbill / paper wallet with some gold infused?
legendary
Activity: 2254
Merit: 1043
May 06, 2014, 11:23:28 AM
#8
Hint of what physical item it will be on?

multilayer polymer notes infused with a certified amount of pure 24k gold.
legendary
Activity: 2128
Merit: 1119
May 06, 2014, 09:24:05 AM
#7
The mystery of it...makes me want it more!
legendary
Activity: 812
Merit: 1002
May 06, 2014, 02:08:29 AM
#6
Hint of what physical item it will be on?
legendary
Activity: 1470
Merit: 1017
Star Wars Ep. 9 is here
May 05, 2014, 04:13:10 PM
#5
When do you plan on having these available?  Are you expecting to have a hologram on the back?  

I would say to appeal to the widest audience, you may want to opt for 1 btc or possibly lower (i.e. .1, .5 etc...)

Looking forward to your new coin.  

it wont be a coin  Wink

Guess you were quite literal, when you said a new 'form'.   Grin
legendary
Activity: 2254
Merit: 1043
May 05, 2014, 04:02:15 PM
#4
When do you plan on having these available?  Are you expecting to have a hologram on the back?  

I would say to appeal to the widest audience, you may want to opt for 1 btc or possibly lower (i.e. .1, .5 etc...)

Looking forward to your new coin.  

it wont be a coin  Wink
legendary
Activity: 1470
Merit: 1017
Star Wars Ep. 9 is here
May 05, 2014, 04:00:11 PM
#3
When do you plan on having these available?  Are you expecting to have a hologram on the back?  

I would say to appeal to the widest audience, you may want to opt for 1 btc or possibly lower (i.e. .1, .5 etc...)

Looking forward to your new coin.  
hero member
Activity: 672
Merit: 500
May 05, 2014, 03:57:31 PM
#2
On your first batch, you can use 1 btc initially. There are many who would prefer 1 btc denomination and have the money to pay for them. Then you can switch to 0.1 btc for the mass market later on.
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