Bitcoin Forum

Other => Beginners & Help => Topic started by: Frotz on February 19, 2013, 05:25:44 AM



Title: faking a bitcoin note
Post by: Frotz on February 19, 2013, 05:25:44 AM
Suppose someone puts a bogus QR code under the sticker of a printcoins.com note.  Is there any way to guard against this besides breathing down the neck of whoever gave it to you?


Title: Re: faking a bitcoin note
Post by: toz on February 21, 2013, 04:45:29 AM
They're supposed to cost more to tamper with than their value. If not, they shouldn't be used.


Title: Re: faking a bitcoin note
Post by: johnniewalker on February 21, 2013, 07:57:58 AM
Nope. That's why I have trouble selling my bills sometimes. You definitely shouldn't trust everybody.


Title: Re: faking a bitcoin note
Post by: Stephen Gornick on February 21, 2013, 08:09:36 AM
Suppose someone puts a bogus QR code under the sticker of a printcoins.com note.  Is there any way to guard against this besides breathing down the neck of whoever gave it to you?

If you are going to extend trust to the issuer, then you might as well use media that is more durable and harder to counterfeit (e.g., Casascius physical bitcoins).  Paper wallets work great because they are cheap enough to produce that you don't lose much when destroying them after one use.    If I scan the QR code upon receipt (or when I get back home, etc,) then there is much less risk than circulating a piece of paper that potentially could be counterfeit without anyone really knowing whether it is or not.