Storing crypto on an implant?

[leowonderful]

all you need to do is to be well organized and find the best device to put your private key or better do not store all your coins in one wallet, it's always a sound advice.

I completely agree with this. There might be many more sophisticated ways of storing your cryptocurrencies securely in the future, but the best way of ensuring that your coins are as safe as possible is splitting your funds up into multiple wallets and storing them in different places, so you don't just lose everything. Almost every way of storing crypto at the moment has some sort of exploitable vulnerability, so why not plan for that?

Besides this, though, implants would be an interesting way of storing part of your funds, but I certainly would not be one of the first to try if I got the chance purely due to potential health risks. 

[Findingnemo]

Foreign solid bodies into our bodies will always have an impact on our immune system because our cells never accept such foreign bodies but science has grown a lot so there may be a way to insert it now or in future but if it's possible then surely it gives convenience forget about pain when we have anesthesia.

But the security of our funds will be in question, someone can kill us and take that chip to access our funds.

[iv4n]

Foreign solid bodies into our bodies will always have an impact on our immune system because our cells never accept such foreign bodies but science has grown a lot so there may be a way to insert it now or in future but if it's possible then surely it gives convenience forget about pain when we have anesthesia.

But the security of our funds will be in question, someone can kill us and take that chip to access our funds.

Don't you worry about impact on your immune system, implants are sterile, they can't hurt you in that way! You are good to go!
I wouldn't do that even if someone gives me a million dollars, in dollars or bitcoins, it's the same. I can understand people who are sick, and they go to operations, they need some kind of implants so they can be normal in some way, but to do that just to hide your private keys from your wallet, that is the craziest thing that someone can do.
What can happen is that some crazy guy comes to your door and cut you entirely for that implant. Better take usb and go in the forest and dig a deep hole and put usb there, at least if someone force you to give them that usb nobody will have to cut you.

[Findingnemo]

Foreign solid bodies into our bodies will always have an impact on our immune system because our cells never accept such foreign bodies but science has grown a lot so there may be a way to insert it now or in future but if it's possible then surely it gives convenience forget about pain when we have anesthesia.

But the security of our funds will be in question, someone can kill us and take that chip to access our funds.

Don't you worry about impact on your immune system, implants are sterile, they can't hurt you in that way! You are good to go!
I wouldn't do that even if someone gives me a million dollars, in dollars or bitcoins, it's the same. I can understand people who are sick, and they go to operations, they need some kind of implants so they can be normal in some way, but to do that just to hide your private keys from your wallet, that is the craziest thing that someone can do.
What can happen is that some crazy guy comes to your door and cut you entirely for that implant. Better take usb and go in the forest and dig a deep hole and put usb there, at least if someone force you to give them that usb nobody will have to cut you.

Sometimes implants also has issues like what happens with breast implants in longer run it will have an issue sometimes even infections.

Hiding private keys will be a matter when someone can access our funds with that implant chip, correct me if I am wrong.

[sorrros]

You can put the implant into your hand and use it for small everyday payments. But, I do not recommend to store here all of your bitcoins because you can loose everything by a technical mistake, for example wrong payment details and even though you pay (much higher price).

[pixie85]

You can put the implant into your hand and use it for small everyday payments. But, I do not recommend to store here all of your bitcoins because you can loose everything by a technical mistake, for example wrong payment details and even though you pay (much higher price).

That will not happen. You will have to verify and confirm every transaction. An implant will only give you your private key access every time you confirm it in the terminal. This means that people will not be able to touch you with a scanner and take your money and you also will not be able to pay without manually confirming the transaction.

[Abiky]

Yeah, it sounds cool but i would rather use some sort of device outside my body then risk someone stealing my private key by chopping my implant off and my hand with it.

Good point. As long as you don't disclose that you have an implant with crypto funds on it, you'll be fine. After all, implants use nanotechnology which makes them invisible to the "naked eye". Manufacturers would need to implement tightening security mechanisms to protect unauthorized access to crypto funds from malicious actors. Once the implant detects it's on the right body, it could become accessible for mainstream crypto payments. Otherwise, the implant will cease to function rendering the perpetrator's efforts in vain. At least, the idea is there. But we're still far away from seeing this becoming a reality anytime soon, as people are mostly accustomed in using smartphones and other mobile devices for their daily needs.

Does anyone ever thought of making a project like this.
It might make millions of dollars in ICO.  
Yeah, it might be a good idea. Storing something inside your body. You will just have to be careful with infections since it is not really how your body was created, you are adding something in the system that might react someday.

Implants have expiration right? I have never checked it out yet. I think they change it at the right amount of time.
Security will be pretty well with that idea.

I know right? I'm surprised that not even a single mainstream company has come up with something like this yet. Maybe it's because implants are still risky for a person's body? If perfected, you can expect large scale adoption of implants worldwide as they prove to be a better alternative than hardware wallets or even mobile devices for storing one's crypto funds. A lot of tests are needed to be performed, in order to ensure implants are safe enough for anyone to carry on their bodies every time. Because if there are health risks involved, I doubt anyone would want to use something like this in the first place.

Everything can be hacked/stolen. You know how credit cards get hacked with magnet readers? Same thing could happen to this implant type wallet. And some thugs can always whack you with a $5 wrench till you give them your coins, or they can even cut your finger or whatever bodypart to hack the wallet later. And this whole thing isn't even unique to crypto, traditional banking could also implement these chips, maybe even easier than crypto, since you don't have to deal with addresses.

And you already can store your wallet in your body, I'm talking about memorizing your seed - you can't conveniently pay with it, but you can always carry it with you and no one will know it.

Yes. There's no denying that. After all, there's nothing that's 100% secure. One way or another, vulnerabilities will exist resulting in risk of loss or theft. But I believe that implants may be much safer than hardware wallets or any other device because they're hidden inside your body. No one will really know you have crypto stored on an implant unless you disclose information about it. As it's said in the mainstream world, "keep it secret, keep it safe". We'll have to see what the outcome of a crypto implant will be in a person's body in the future. If there's enough demand for it, you can expect crypto implants to be the norm of digital payments within the mainstream world.