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Did you know that "physical Bitcoin" actually existed?

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by COINS NEWS 83 Views

Crypto community usually joke about buying physical Bitcoin due to their digital nature, but many don't know that until 2013 you could buy physical representation of Bitcoin.

The physical metal coins are called Casascius coins after their creator and contain an embedded piece of paper with a private key, covered by a tamper-resistant hologram.

They were designed for face to face transactions and are available in 1, 10, 25, 100, 500 and 1000 BTC. The private keys can't be accessed without physically breaking the coin, so if a coin is in good shape it means it actually contains its Bitcoin value "inside" it.

The coins can no longer be purchased. However, many of them are probably owned by people who got them early on. Many others were already used and like regular crypto wallets, some of them might be lost. This website tracks every coin in circulation and their statuses using their public addresses.

Imagine finding one of these while walking the beach or buried somewhere!

submitted by /u/seb7mad
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