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Message:: [QUOTE="Prime Mover, post: 2661101, member: 38783"]So, here's a shot of something that arrived in the mail today. This is a loaded "Casascius" round.  It is 1oz silver, with a piece of paper under the hologram on the reverse containing the private key of a single Bitcoin.  This is one of the original and most well-known types of "physical Bitcoins", and a lot of the photos you'll see representing Bitcoin use one of his product. Casascius "coins" were produced by Mike Caldwell, starting in 2011.  The initial ones were of Brass composition, and then after that he began producing both Brass and silver rounds in various denominations from 0.1BTC all the way up to 1,000BTC (yes, 1,000, and one of those was sold at auction for well over $1mil USD a couple years back). Mike pre-funded all his coins when he began, so every coin you find with a hologram still intact has some sort of BTC loaded on it.  This got Mike in trouble with the US Feds, as back then they tried to sue him for money laundering (or was it "competing currency" or something like that, I have to look that up), even though it still hadn't been classified yet by the US government as anything.  Kinda the same idea as Norfeds. Mike eventually ceased operation in 2013 to avoid any further prosecution and settle the suit.  Pretty much after that, every US-based physical Bitcoin maker would not pre-fund any rounds for any customers.  That's a big no-no and will certainly mark you as a target for the US Government.  Some makers will allow you to fund your coins pre- or post- shipment with your own Bitcoins if you have them, however. [ATTACH=full]590369[/ATTACH] [ATTACH=full]590370[/ATTACH][/QUOTE]

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