Startup Launches Loaded Bitcoin Cash Notes to Spread BCH Adoption

Bitcoin Cash proponents can purchase collectible and loaded BCH notes from a company called Global Notes based in Melbourne, Australia. The creator of Bitcoincashnotes.com is a firm believer in Satoshi Nakamoto’s vision for a peer-to-peer electronic cash system and thinks the low fees tethered to the BCH chain are “vital for the economic feasibility” of the company’s physical bitcoin cash product.
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Loaded Bitcoin Cash Notes
A startup called Global Notes has introduced a series of collectible bitcoin cash bearer bond notes that are loaded with a small fraction of BCH. The creator believes BCH funded notes are a great way to spread adoption by tipping people for their services and gifting friends and family as well. The company’s website Bitcoincashnotes.com has released its first release version 0.1.0 which contains a denomination of 1mBCH (0.001 BCH or $0.11 at the time of publication) per bill.
“[Bitcoin cash notes] are preloaded paper wallets that look and feel like real money — Each note contains Bitcoin Cash equal to its face value,” explains the Bitcoincashnotes.com website. “A private key has been encapsulated in each note underneath a tamper-evident seal, giving you access to the bitcoin cash at any time.”
Bitcoin cash notes front and back.
The company sells notes in a standard variety and a collectors’ edition. The bills look similar to a U.S. dollar but instead of dead presidents, these notes have a picture of Dorian Nakamoto. The note comes with a printed public key and private key so the bearer can sweep the funds at any time. On the top, there is a disclaimer detailing when the notes were issued with the promise that Global Notes originally loaded the funds on the bill and this can be verified onchain. Under the public key QR code, it says 1mBCH and version 0.1.0 alongside the bill’s print number.
On the right side of the bill is the private key which is covered by a tamper-resistant holographic sticker. Under the sticker, it says that there is a non-deterministic private key underneath and if the key is accessed and swept the bill will be void. The top of the note reads “Bitcoin Cash Note” and below Dorian it says “One Milli Bitcoin Cash.” The backside of the bill is a colorful orange design that reads “In cryptography we trust.” All the notes are numbered sequentially with a note ID alongside a version number which details the exact release of the bill.
“The 4 digit code printed at the top left-hand corner of the tamper-evident seal provides enhanced security against covering a tampered seal with a new seal,” the company details. “The 4 digit code equals the last 4 digits of the Bitcoin Cash address.”
Bitcoincashnotes Aims to Further Progress Economic Freedom to the Unbanked
Bitcoincashnotes says that it operates with high standards of integrity and the company values the trust customers provide. To ensure the private key is kept safe on the bill, the manufacturer’s applied a holographic tamper-evident seal made of a

Post written by our friend Jamie Redman and Syndicated from Bitcoin.com
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