MJB monetary metals Bitcoin

Even though there are a handful of bitcoin ATMs in the world, bitcoin is not a physical currency . Spending takes place from one user’s virtual wallet to another user’s virtual wallet, via an exchange of public and private security keys.

you cant exchange that for dollars at a bank, you have to redeem the bitcoin first by downloading a bitcoin wallet importing the key and then selling the coins on exchanges or local peer 2 peer trading sites for dollars .

One of the many interesting things about physical bitcoins is their value. You would expect a material version of the crypto to be worth what the crypto is worth itself, but because of the comparative rarity and the collectability of the physical coin, it is often worth more .26 Oca 2022