They were physical bitcoins worth 100 Bitcoin, 50 Bitcoin, 25 Bitcoin, 10 Bitcoin, 5 Bitcoin, 1 Bitcoin, etc. A couple of years ago. But the state did not like them, so they made them stop.
They had the private keys under like scratch-off holograms, so you could tell if it had been tampered with, in which case it would not be acceptable. But as long as that private key was intact, you knew for a fact that it had the amount of Bitcoin on it that it said it did.
Since they were physical and had the private keys associated with the physical coin object themselves, it was totally off-chain and therefore needed no electricity to trade.
shortwavesurfer2009 /
npub1ge…ejcs3
2025-06-11 18:06:30
in reply to nevent1q…c47d
Author Public Key
npub1ge0tzdqy6useekgu9d9g5l3s3t2wpx7p9xxuprz7ajzjaxl4mgyssejcs3Seen on
wss://relay.primal.netPublished at
2025-06-11 18:06:30Event JSON
{
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"pubkey": "465eb13404d7219cd91c2b4a8a7e308ad4e09bc1298dc08c5eec852e9bf5da09",
"created_at": 1749665190,
"kind": 1,
"tags": [
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[
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[
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[
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"content": "They were physical bitcoins worth 100 Bitcoin, 50 Bitcoin, 25 Bitcoin, 10 Bitcoin, 5 Bitcoin, 1 Bitcoin, etc. A couple of years ago. But the state did not like them, so they made them stop.\n\nThey had the private keys under like scratch-off holograms, so you could tell if it had been tampered with, in which case it would not be acceptable. But as long as that private key was intact, you knew for a fact that it had the amount of Bitcoin on it that it said it did.\n\nSince they were physical and had the private keys associated with the physical coin object themselves, it was totally off-chain and therefore needed no electricity to trade.",
"sig": "6379d6375ff55d93bf69baf831f55f2375a3bca29b7dc64dc37b6393a715c9092cdf6eb473d4b2523e189bb7483bce0651127d00dbd6dc67a581a28f1b055fcb"
}