“Low-cost” physical bitcoins (basically coins with enough data on them to retrieve a certain number of bitcoins) have always enjoyed demand from the Bitcoin space, however numerous startups which pursued the idea faced headwinds due to regulatory concerns early on in their evolution. Now, a Finnish Bitcoin startup is running with the idea, an idea which led to the best known company, Casascius coins, which go for a pretty penny to this day. That company ceased operations in 2013.
Denarium hopes to supply such coins to appease the demand for physical bitcoins.
“What we hope to achieve is to allow everyone to have an easy-to-understand gateway to the world of Bitcoin. Our first product is a simple, low-cost product that anyone can afford,” Denarium co-founder, Henry Brade, told Crypto Coins News.