Physical Bitcoins Are Back: Finnish Startup Targets Asian Market
Finnish company Denarium, owner of the country’s largest exchange Bittiraha.fi and ATM network Bittimaatti, has announced an international rollout of “next generation” physical bitcoins. After achieving success in the relatively Bitcoin-friendly Finnish jurisdiction, the move is the first attempt by Denarium to access a more international client base. The announcement was onfirmed on CEO Henry Brade's Twitter earlier this afternoon. Brade explained in a press release issued today that the Denarium product would differentiate itself from previous offerings by providing both practicality and....
Related News
Finnish bitcoin startup Denarium has launched a range of low-cost physical bitcoins in an attempt to stimulate the digital currency's adoption. Bitcoin-loaded and non-loaded Denarium coins, on pre-sale today, are sold in valuations of 1/10th and 1/100th of a bitcoin. The launch follows in the footsteps of Casascius, the company that launched its physical bitcoin in 2011. It ceased the sale of bitcoin-loaded coins in 2013. Henry Brade, Denarium CEO, told CoinDesk: "
The Denarium project started last April when the startup decided to launch a series of “low-cost” physical bitcoins. The Finnish Bitcoin startup’s main goal was to promote Bitcoin adoption by offering its first two coin products: affordable physical bitcoins with 1/10 & 1/100 in bitcoin value. The company is a pioneer in the Bitcoin industry and has been in operation since 2012. Denarium operates multiple Bitcoin services along with the physical coin manufacturing and private key creation processes. The startup felt it could revolutionize not only the industry of physical bitcoins, but....
While bitcoin is a virtual currency that is not usually found in physical form, a bitcoin startup company recently launched physical versions of the cryptocurrency. Low-cost denominations of 1/100th to 1/10th of a bitcoin can be bought from Finnish company Denarium available on pre-sale as of April 13. The company is taking this step to encourage increased adoption of the digital currency and to help more people understand how it functions. This follows in the footsteps of Casascius, a company that previously tried to sell bitcoins in physical form in 2011. Bitcoin Startup Prospects.....
Denarium's "low-cost" physical bitcoins could revolutionize not only the industry of physical bitcoins, but perhaps even Bitcoin itself. The Finnish Bitcoin startup's main goal is to promote Bitcoin adoption by offering coins totalling 1/10th and 1/100th of a bitcoin in value. Casascius once dominated this Bitcoin niche, having launched in 2011. However, due to the increasing stresses of regulation and compliance, the company ceased selling bitcoin-loaded coins in 2013. Cryptocoins News discussed the new physical coin with Denarium co-founder, Henry Brade. Denarium has an open crowdfunding....
Renowned physical Bitcoin retailer Denarium has announced to participate in this year's Bitcoin Black Friday sale. The Finnish company, which was launched in April 2015 with an aim to physicalize Bitcoin, offers an aesthetically and digitally rich collection that is not only loaded with real Bitcoins, but also functions as a real-time Bitcoin wallet equipped with the necessary security features. Upon its launch, Denarium had released its first two affordable physical Bitcoins with 1/100 and 1/10 in Bitcoin value. The success of their pilot collection influenced the company to further....