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The E-Sylum: Volume 26, Number 51, December 17, 2023, Article 30

TOM BADLEY'S BITCOIN BANKNOTES

Designer Tom Badley has created a set of bitcoin banknotes. -Editor

  Offline.Cash physical cryptocurrency banknotes 1

Fusing the digital and tangible to transform cryptocurrency into a physical form, Tom Badley introduces a family of banknote-like bearer instruments, capable of holding and transmitting Bitcoin. The London-based designer's concept for Bitcoin Banknotes has been a persistent idea since the inception of cryptocurrency in 2009, drawing a connection to traditional monetary structures. The vibrant design of the notes celebrates the novelty, volatility, and contrarian nature of its namesake through a modernist, aspirational, and affirmative approach. Recognizable visual elements such as logos, flags, moons, and the Genesis Block hash find a place in the design lexicon. However, given Bitcoin's faceless nature, a classical heads motif reminiscent of Hellenistic deities was introduced to instill a sense of trust, a crucial element in currency design. Nodding to Bitcoin's association with ‘moon money', each deity on the banknotes also wears an astronaut's suit, and the rim of the helmet collar helps to frame the heads.

Bitcoin, with its roots in the word ‘coin,' has long been visually associated with existing forms of money; even early logo iterations embraced the familiar imagery of coins. Tom Badley's concept of the Bitcoin Banknote extends the cryptocurrency's reach into the realm of cash, emphasizing the significance of paper wallets as Bitcoin's offline storage medium. ‘Paper and private Bitcoin thus share a common domain. Many paper wallets have assumed the form of ‘play money', vouchers, or simple banknotes, to embellish them with the feel of money. This has always fallen short, because the creators of these paper wallets did not use the secure printing techniques used in banknote production – until now…' notes the designer.

Offline.Cash tasked the Badley with creating a family of four banknotes, each functioning as private, individual wallets with fixed Bitcoin values stored on scannable chips that allow cryptocurrency to be reliably transacted in cash form. The goal of Offline.Cash was two-fold: first, to captivate existing cryptocurrency enthusiasts, the ‘hodlers,' and second, to provide a reliable means of transacting Bitcoin in cash where traditional currency might be scarce, aligning with Bitcoin's humanitarian role. The banknotes are printed on a durable plastic substrate, employing high security printing processes including intaglio, the raised printing commonly found on traditional banknotes. This level of production marks them as a ‘world first' in mass-produced Bitcoin wallets meeting banknote standards.

  Offline.Cash physical cryptocurrency banknotes 2

The design brief mandated a paradoxical balance between delight and gravitas, capturing the mystique of both early Cassacius coins and the origins of Bitcoin. The main design limitation was that the notes would be printed on the same sheet, together, using a six-color process, requiring careful consideration of design and workflow to maximize the limited color combinations available. The use of light and bright colors enhances visual appeal and differentiation, diverging from the conservative color palette of centralized money. The impressionistic design approach, necessitated by the printing limitations, imparts a seamless blend of colors, creating an illusion of separate printing and a rounded edge finish.

For more information, see:
https://offline.cash/
https://tombadley.net/

Physical cryptocurrency banknotes are not new - earlier we've discussed products of the Noteworthy company as well bitcoin-banknote.com. which seems to be associated with offline.cash. Both firms were founded in 2021. These notes seem nicely done, and the cross-Atlantic competition is a sign that there may be some life to this market. Time will tell if these ever jump to the mainstream or remain relegated to the collectible market. -Editor

To read the complete article, see:
FUSING DIGITAL AND TANGIBLE MONETARY REALMS (https://www.designboom.com/design/bitcoin-banknotes-tom-badley-cryptocurrency-12-15-2023/)

To read earlier E-Sylum articles, see:
TOM BADLEY'S PORTFOLIO OF MONEY (https://www.coinbooks.org/v22/esylum_v22n32a34.html)
BITCOIN BANKNOTES (https://www.coinbooks.org/v24/esylum_v24n11a32.html)
NOTEWORTHY ISSUES 0.005 BITCOIN NOTE (https://www.coinbooks.org/v26/esylum_v26n50a29.html)



Wayne Homren, Editor

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The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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