# Physical Bitcoins: A Clarification
For individuals unfamiliar with the realm of digital currency, the notion of a tangible Bitcoin could appear somewhat unusual. Is Bitcoin not, in fact, intended to be a virtual possession? Nevertheless, around 2011, Mike Caldwell conceived of concrete bitcoins, fundamentally producing a palpable embodiment of the virtual money. Prior to this point, from its beginning in 2009, Bitcoin had solely been present in the electronic sphere.
Caldwell was an initial user and supporter of Bitcoin (BTC), becoming part of the group in the period before its value started to increase rapidly. He participated on the BitcoinTalk forum, utilizing the online name Casascius.
**List of Contents**
* Grasping Concrete Bitcoins
* The Elements of Tangible Bitcoins
* Considerable Achievement in its Brief Period
* Additional Concrete Bitcoins
* Lawfulness of Possessing Tangible Bitcoins
* Commonly Inquired Questions
## Grasping Concrete Bitcoins
On September 6, 2011, Casascius made a post on BitcoinTalk, detailing his reasons for developing tangible bitcoins. His main objective was to enhance Bitcoin’s prospects of evolving into a prosperous type of money.
Caldwell mentioned that he desired that others would devise even superior concrete Bitcoin creations going forward, and that this undertaking was not intended to be a drawn-out endeavor for himself. His wish did come true, as we currently observe different kinds of tangible bitcoins.
Caldwell’s concrete bitcoins were similar to conventional currency in looks. Around 2011, transmitting a Bitcoin had a cost equivalent to 1 Bitcoin. This occurred because, after considering production expenses, its worth was 1.25 BTC. Consequently, encompassing delivery, he established the overall price to be valued at 1 BTC at that moment.
## The Elements of Tangible Bitcoins
A BTC address is incorporated within each coin.
It doesnt seem that we are discussing a reasoning error at this moment.
Affirmative, tangible iterations of Bitcoins are indeed discoverable. The initial ones emerged circa 2011, fashioned by an individual known as Mike Caldwell. These resemble authentic coins, symbolizing a defined quantity of Bitcoin. Toncoin (TON) Value Forecast for March 26th
