07-12-2021, 02:59 AM
Always buy these physical Bitcoin coins if you ever see one at a garage sale!
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/oi5wz9/always_buy_these_physical_bitcoin_coins_if_you/"> <img src="https://b.thumbs.redditmedia.com/2LEd3YaRgFBcR3s5_5NT9gCD1cOgONUMebQbfDXZR-Q.jpg" alt="Always buy these physical Bitcoin coins if you ever see one at a garage sale!" title="Always buy these physical Bitcoin coins if you ever see one at a garage sale!" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>The story goes back till 2013, when a man called Mike Caldwell minted and sold physical Bitcoin coins called ''Casascius coins''. The coins contain an embedded piece of paper with digital Bitcoin value, covered by a tamper-resistant hologram. Casascius coins are available in 1 (brass,1st gen)/silver, 10 (silver), 25 (gold-plated), 100 (gold bar), and 1000 BTC (1 troy ounce gold) increments.</p> <p>There are still around 20.900 Casascius coins (2020) circulating in the world, meaning thousands of unclaimed Bitcoin are still sitting in their Casascius coin.</p> <p>​</p> <p><a href="https://preview.redd.it/p8u4rmzijla71.jpg?width=2175&format=pjpg&auto=webp&s=844cd011f5cce1025746a453c7361822187e2f82">How the 1-25 Bitcoin coins look like.</a></p> <p><a href="https://preview.redd.it/06xugt89kla71.jpg?width=1404&format=pjpg&auto=webp&s=a2827d4d36c013e3bb59205595700908eb0208f5">1000 Bitcoin coin (1 troy ounce gold coin).</a></p> <p><strong>Why Mike stopped minting:</strong></p> <p>As of Nov 27, 2013, Mike Caldwell suspended sales of items that contain digital bitcoin. The Financial Crimes Enforcement Network (FinCEN), a branch of the Treasury Department, informed him before, that minting physical bitcoins qualifies him as a money transmitter business, which means he needs to register at the federal level and probably get state licenses too.</p> <p>Edit:</p> <p>you can find the status of all casascius coins here: <a href="https://casasciustracker.com/">https://casasciustracker.com/</a> or here: <a href="https://casascius.uberbills.com/">https://casascius.uberbills.com/</a></p> <p>​</p> <p>(thanks to <a href="/u/thelovetoy">u/thelovetoy</a>) There were also Denarium (603BTC total) an BCmint coins:</p> <p>​</p> <p><a href="https://preview.redd.it/xb74vkrtola71.png?width=900&format=png&auto=webp&s=39db7b3f9c889467073fbb61487c423aebc8b019">Denarium coin.</a></p> <p>​</p> <p><a href="https://preview.redd.it/zfwfd48eola71.png?width=1769&format=png&auto=webp&s=e9aad17618a1ceb55ff96ccea88cc8255fc8ee7b">BCmint physical coin.</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/SweetPie123"> /u/SweetPie123 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/oi5wz9/always_buy_these_physical_bitcoin_coins_if_you/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/oi5wz9/always_buy_these_physical_bitcoin_coins_if_you/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/oi5wz9/always_buy_these_physical_bitcoin_coins_if_you/"> <img src="https://b.thumbs.redditmedia.com/2LEd3YaRgFBcR3s5_5NT9gCD1cOgONUMebQbfDXZR-Q.jpg" alt="Always buy these physical Bitcoin coins if you ever see one at a garage sale!" title="Always buy these physical Bitcoin coins if you ever see one at a garage sale!" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>The story goes back till 2013, when a man called Mike Caldwell minted and sold physical Bitcoin coins called ''Casascius coins''. The coins contain an embedded piece of paper with digital Bitcoin value, covered by a tamper-resistant hologram. Casascius coins are available in 1 (brass,1st gen)/silver, 10 (silver), 25 (gold-plated), 100 (gold bar), and 1000 BTC (1 troy ounce gold) increments.</p> <p>There are still around 20.900 Casascius coins (2020) circulating in the world, meaning thousands of unclaimed Bitcoin are still sitting in their Casascius coin.</p> <p>​</p> <p><a href="https://preview.redd.it/p8u4rmzijla71.jpg?width=2175&format=pjpg&auto=webp&s=844cd011f5cce1025746a453c7361822187e2f82">How the 1-25 Bitcoin coins look like.</a></p> <p><a href="https://preview.redd.it/06xugt89kla71.jpg?width=1404&format=pjpg&auto=webp&s=a2827d4d36c013e3bb59205595700908eb0208f5">1000 Bitcoin coin (1 troy ounce gold coin).</a></p> <p><strong>Why Mike stopped minting:</strong></p> <p>As of Nov 27, 2013, Mike Caldwell suspended sales of items that contain digital bitcoin. The Financial Crimes Enforcement Network (FinCEN), a branch of the Treasury Department, informed him before, that minting physical bitcoins qualifies him as a money transmitter business, which means he needs to register at the federal level and probably get state licenses too.</p> <p>Edit:</p> <p>you can find the status of all casascius coins here: <a href="https://casasciustracker.com/">https://casasciustracker.com/</a> or here: <a href="https://casascius.uberbills.com/">https://casascius.uberbills.com/</a></p> <p>​</p> <p>(thanks to <a href="/u/thelovetoy">u/thelovetoy</a>) There were also Denarium (603BTC total) an BCmint coins:</p> <p>​</p> <p><a href="https://preview.redd.it/xb74vkrtola71.png?width=900&format=png&auto=webp&s=39db7b3f9c889467073fbb61487c423aebc8b019">Denarium coin.</a></p> <p>​</p> <p><a href="https://preview.redd.it/zfwfd48eola71.png?width=1769&format=png&auto=webp&s=e9aad17618a1ceb55ff96ccea88cc8255fc8ee7b">BCmint physical coin.</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/SweetPie123"> /u/SweetPie123 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/oi5wz9/always_buy_these_physical_bitcoin_coins_if_you/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/oi5wz9/always_buy_these_physical_bitcoin_coins_if_you/">[comments]</a></span> </td></tr></table>Kind Regards R