Physical Bitcoins

Definition:

CasasciusBitcoins are physical coins you can hold - and each one is worth real digital Bitcoins.Each CasasciusBitcoin is a collectible coin backed by real Bitcoins embedded inside. Each piece has its own Bitcoin address and a redeemable "private key" on the inside, underneath the hologram.

Types:

These coins were designed to be circulated as a way to show in person transactions and the first person to redeem the private key got the value of the coin. Its only downfalls were once the key was claimed, the coin held no value other than the metal it was made with and it was very hard to get the key without destroying the coin.

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