Take physical delivery of your Bitcoin on our proprietary CoinBull Crypto Coin. We engrave the back of these coins with a password protected encrypted Bitcoin Private passkey. Then we cover that passkey with a silver mylar security label that is printed with the public bitcoin address and its QR code so that you can check the balance or deposit funds to the coin. You can deposit an unlimited amount of bitcoin on the CoinBull Crypto Coin and it is much easier to transport than cash, or gold. It is also much safer from theft as most theives would have no idea of its value. It is a great way to save your bitcoin in an offline environment that is tangible and not subject to the potential failures of computers or networks.
Coin Specifications
Denomination Any, divisible up to 8 decimals
Composition Virtual / Digital
Date Created 2009
Nationality None
Developer Satoshi Nakamoto
Advantages Better Store of Value, Decentralized, Scarcity, Anonymity
Bitcoin is a Digital Currency.
Developed circa 2009 in America by a team of software engineers led by a
man named Satoshi Nakamoto. Bitcoin was designed as a digital currency
that is capable of competing with the dollar as a payment system.
Bitcoin is a peer-to-peer payment system, in which the participants host
the network which both supports the creation of Bitcoin and processes
its transactions. Bitcoin is decentralized, meaning there is no Central
Bank or authority required to govern the creation of Bitcoin. Bitcoin is
digitally encrypted, secure, safe and anonymous, similar to private
cash transactions. Bitcoin is quicker and more efficient as a payment
system than our worlds existing financial network. An example supporting
this arguement is that you can send a payment to someone on the other
side of the world and they would receive payment quickly (within 10
minutes to an hour) and it would incurr no fees. Bitcoin is cheaper than
mailing a check, and much faster because there are no middlemen.
Payments are permanent, non-refundable, and non-disputable just like
paying someone in cash.
Bitcoins can be used to buy merchandise anonymously. In addition,
international payments are easy and cheap because bitcoins are not tied
to any country or subject to regulation. Small businesses may like them
because there are no credit card fees. Some people just buy bitcoins as
an investment, hoping that they’ll go up in value.
Bitcoins are stored in a “digital wallet,” which exists either in the
cloud or on a user’s computer. The wallet is a kind of virtual bank
account that allows users to send or receive bitcoins, pay for goods or
save their money.
Though each bitcoin transaction is recorded in a public log, names of
buyers and sellers are never revealed – only their wallet IDs. While
that keeps bitcoin users’ transactions private, it also lets them buy or
sell anything without easily tracing it back to them. That’s why it has
become the currency of choice for people online buying drugs or other
illicit activities.
Disclaimer: You assume
responsibility for supplying a correct Wallet Address. Please double
check the accuracy of your Wallet Address before sending it to us. If
you send us an incorrect wallet address your Bitcoin will not arrive and
we will not be held liable for erroneous wallet addresses.