Bitbills are Bitcoins you can hold in your hand
How many unicorn dollars can I pay you to keep these posts off the front page?
It'd be useful if the website demonstrated redeeming a card, because the process sounds painful.
Conversely, if the smallest denomination is one bitcoin, you wouldn't be able to give change in a physical situation.
If I own four bitcoins that are each worth $10, if I bought something for $32, the cashier would give me $8 back in cash?
If the price of a bitcoin rises to something not easily handled (e.g. each are worth $1000), what's the bitcoin answer to that? Getting change in USD/EUROS/etc? Are there fractional currencies like pennies, nickels, dimes, etc?
Very cool! I hope they can pull it off because if they do, it'll lead to some very interesting stuff...
Be even cooler if you could buy them with cash...
Perhaps a clever way to give Bitcoins as a gift?
> Any card can be converted back into digital bitcoins at any time, but doing so destroys the card.
What if you can convert it without destroying the card? How can anyone check "offline" whether or not the card still has the money?
It looks like they do not offer any good way to deal with forgery. The card and the hologram are not terribly hard to produce. Also unlike the usual bills they would not have the strong legal protection from counterfeiting.
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Brings up a very interesting question I haven't seen wnswered yet:
What happens to the bitcoin economy when peoples bills get lost, or more interesting, if disks crash without a backup?
So, how is bitcoin different than the Million Dollar Homepage? Tradeability?