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Author Topic: Distribution solution: My first and last post, sick of the floundering around  (Read 2876 times)
Quantumplation
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May 31, 2011, 10:14:05 PM
 #21

There's ALSO always this point to consider:

The reason people want to see physical bitcoin is to enable BTC payments without being online. This does not do that. If, for some reason, I bought BTC on a CD or USB stick, the first thing I'd do is load the wallet.dat in there onto a computer somewhere and transfer the coins to another address. As long as I haven't done this, the original seller is able to spend the coins at will.

Well it all depends on the emitter's intent. If you traded a private key from an individual, you should redeem asap. If you got such a thing as a bitbill, you should consider the emitter has a very low incentive in destroying a sustainable business model forever to get a 1 day lotto like hit.

Yea, bitbills are good.  The "put a wallet on a USB stick" is not.

 
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May 31, 2011, 10:19:36 PM
 #22

Has the OP heard of http://bitbills.com/ before?

Neat idea, but their SSL cert is broken, won't buy until its fixed =\

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