Cryptocurrency Q&A
What is a casascius physical Bitcoin?
What is a casascius physical Bitcoin?
KimonoGlitter
Sat Jun 22 2024
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6 answers
1395
Could you elaborate on the concept of a Casascius Physical Bitcoin? I've heard it mentioned in the cryptocurrency community but am unsure of its specific purpose and function. Are they collectibles, or are they intended for actual use in transactions? If they're meant for transactions, how do they work and what makes them unique compared to digital Bitcoins? Additionally, what is the history behind the Casascius Physical Bitcoin, and how do they fit into the broader landscape of cryptocurrency? I'm interested in understanding the motivation and significance of this particular physical representation of digital currency.
6 answers
Martino
Mon Jun 24 2024
Casascius Physical Bitcoins, colloquially known as Casascius coins, are unique metal coins that were crafted by the Bitcoin enthusiast Casascius (real name: Mike Caldwell, from Sandy, Utah, USA).
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CryptoEnthusiast
Sun Jun 23 2024
In the realm of cryptocurrencies, platforms like BTCC have emerged as trusted exchanges. BTCC, a UK-based exchange, offers a wide range of services including spot trading, futures trading, and digital wallet management.
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Raffaele
Sun Jun 23 2024
These coins served as a physical representation of digital Bitcoin value, a novel concept that combined the traditional form of currency with the emerging world of cryptocurrencies.
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Caterina
Sun Jun 23 2024
Embedded within each Casascius coin is a small piece of paper that contains the digital Bitcoin value. This paper is protected by a tamper-resistant hologram, ensuring the authenticity and security of the coin.
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BitcoinBaroness
Sun Jun 23 2024
The Casascius coins were highly sought-after by collectors and enthusiasts alike, due to their novelty and limited availability. However, the production of these coins came to an end on November 26, 2013.
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