bhCoin was among the early entrants to the physical Bitcoin market. Based in Argentina and minted in China, the company has released seven different coins to date.
“This type of storage medium is more reliable than CD/DVD, memory stick or hard drives, as technologies became obsolete [more] quickly than metal coins. You can keep a piece of history that can be transferred to your sons, grandsons as future value increases.”1
Their location in Argentina, which has highly protectionist political policies, has been a challenge due to strict importing and exporting rules. bhcoin has nevertheless been successful, and due to their early entrance to the market and limited production they may well reach their stated goal of producing coins which will hold historical significance. bhcoin has announced plans to release an open source version of their ‘offline wallet generator’,which would be freely available to anyone loading their own physical Bitcoins.