Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I think this is why you don't load them yourself. Essentially it is this company backing the coin, not you. When they send you a loaded coin it probably won't be loaded with the coin you bought it with.

Another interesting property is that unlike a bank they cannot issue more money than they have assets, as each coin is linked to a unique private key. (assumes they are not just a one-time scam)



Casascius makes no mention of backing the coin whatsoever. You have to verify it upon receiving it unless you don't really care.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: