Pursuer
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December 21, 2016, 08:33:09 AM |
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I'm not sure if this has ever been implemented yet, but can you imagine a way of paying with Bitcoin by just using your own body? It would be more of like a microchip implanted into your left or right hand that would contain both your public and private keys to send and receive Bitcoins. So in case you want to send or receive some BTC, you would just pass your hand over at a scanner and it would perform the desired operation. This is would make it a very convenient and easy way to transact, and carry your Bitcoins with you anytime, anywhere. However, the only thing to be considered would be the security of your private key from within your implant, to protect your funds from theft. Nevertheless, I want to know your opinion about this, since it would be pretty cool to have such a system to help spread mass adoption of the cryptocurrency. I have always found this technology so interesting and also at the same time a little bit frightening to be honest. you are inserting a microchip inside your body, well granted it is only under your skin but still I feel so uncomfortable only thinking about it. but I guess it is the future, and I would certainly love to see bitcoin become that popular that it starts in these new areas of technology too.
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Kakmakr
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December 21, 2016, 09:43:30 AM |
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You know that pen thing is a myth right? Neither would use pencil due to graphite getting in the air, Bic created a pen for them for free, the Russians used it as well. I do agree with you, a wristband would be much simpler. You did pick up, that I used the word, "story" Right? The real facts are even more redicilous, " Originally, NASA astronauts, like the Soviet cosmonauts, used pencils, according to NASA historians. In fact, NASA ordered 34 mechanical pencils from Houston's Tycam Engineering Manufacturing, Inc., in 1965. They paid $4,382.50 or $128.89 per pencil. When these prices became public, there was an outcry and NASA scrambled to find something cheaper for the astronauts to use." Source : https://www.scientificamerican.com/article/fact-or-fiction-nasa-spen/The point I am trying to make, still stands : Implanting a foreign substance into your body to pay for goods and services are just stupid, and a over engineered idea that are easily solved by much less radical payment options. I still think these people are just doing it, because it is regarded by many as a Taboo. < Religious or Social >
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Abiky (OP)
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December 21, 2016, 10:09:04 PM |
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This idea is fitted at malls, replacing the cards, having a microchip in your hand will be convinient cause you don't have to carry your cards. The main problem here is not about your private key but the fact that why would someone have to implant a chip in his hand for that purpose, Carrying a card or two is not really a problem. The project is nice but I don't see any advantages of this that is worth it enough for people to have their hand implanted with a chip. Problem number two is its health risks. If there is, then it will not be worth
Exactly. The convenience of not having to carry credit cards, or even cash, makes it a great way to help spread the adoption of cryptocurrencies via implants, since they can fit in almost any place no matter how small, in contrast to cash or credit cards. Plus, you can program it with even more features not only for money, but for storage of personal data too that would prove to become useful for healthcare, and more. However, if security is not taken into consideration, then it would be useless (not to mention the health risks, which is the most important thing to consider.) Nevertheless, can you imagine of a global government that would require each of its citizens to use the implant? It may not use Bitcoin, by their own digital currency instead (like perhaps fiat USD or EUR). Just sharing my thoughts.
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QuestionAuthority
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You lead and I'll watch you walk away.
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December 21, 2016, 10:36:17 PM |
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You know that pen thing is a myth right? Neither would use pencil due to graphite getting in the air, Bic created a pen for them for free, the Russians used it as well. I do agree with you, a wristband would be much simpler. You did pick up, that I used the word, "story" Right? The real facts are even more redicilous, " Originally, NASA astronauts, like the Soviet cosmonauts, used pencils, according to NASA historians. In fact, NASA ordered 34 mechanical pencils from Houston's Tycam Engineering Manufacturing, Inc., in 1965. They paid $4,382.50 or $128.89 per pencil. When these prices became public, there was an outcry and NASA scrambled to find something cheaper for the astronauts to use." Source : https://www.scientificamerican.com/article/fact-or-fiction-nasa-spen/The point I am trying to make, still stands : Implanting a foreign substance into your body to pay for goods and services are just stupid, and a over engineered idea that are easily solved by much less radical payment options. I still think these people are just doing it, because it is regarded by many as a Taboo. < Religious or Social > I kind of like the idea. Think of how easy it would be going to a pool bar and not having to take your wallet with you or walking to the beach and not having to worry about your wallet on the beach while you play in the water. I lost a wallet at the beach once. I used to walk to North Beach in SF and afterwards would go to the beach chalet brewery across the street to have a few beers. I was way out in the water one time and looked back to see some guy stealing all my stuff. Canceling all your cards is a bitch. An implant would have solved that problem.
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angaper
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December 21, 2016, 11:23:03 PM |
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Actually putting chips or implants already sound like something archaic. Due to the great advances in quantic computing it will not be long before we do many things with the simple power of thought.
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franky1
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December 22, 2016, 01:06:56 AM |
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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U2
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December 22, 2016, 01:17:26 AM |
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You can literally already do this exact thing with a NFC tag. Just cut open your arm and slap it in. Done. Oh maybe don't forget to sanitize the area before/ after or whatever. I'm not a doctor so idk the procedure!
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franky1
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December 22, 2016, 01:21:53 AM |
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You can literally already do this exact thing with a NFC tag. Just cut open your arm and slap it in. Done. Oh maybe don't forget to sanitize the area before/ after or whatever. I'm not a doctor so idk the procedure!
downside of just an NFC chip is that it transmits one message at a time. so something in your arm without any 'processing' ability will end up just transmitting a private key. allowing any receiver to be the signer. a better concept is either wait for microchips to have the power to see an unspent, sign a tx and send out only the signed tx, to be implanted. or make a device that can do it .. like a wristband.. that doesnt need to be USB cabled to a PC and doesnt need browser plug-ins/desktop clients to manage the receiving/sending. that way the private key is always protected and also you dont need a pc for your own use to send a tx. also you dont need something implanted by your doctor. however. i dont see an implant right now being a payment mechanism itself.. i do see an implant in the wrist can be locked to a password so that your wristband only functions when you are the one wearing it.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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ufaiz50
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December 22, 2016, 01:37:34 AM |
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I can't imagine it happening, for me it's disgusting to insert foreign objects into the body like cyborg and it may not be good for the body. although for the protection of bitcoin i guess it's not better to do
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. ..1xBit.com Super Six.. | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | . ..TAKE PART.. |
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ilovefeetsmell
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December 22, 2016, 06:36:06 AM |
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I'm not agree with this idea. Everything that was implanted to our body is very risky in our health and maybe one of the 'cause of our death. What is the use of our brains if we couldn't invent the software or even hardware for the security of our bitcoins. That was a good idea than implanting bitcoins.
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Kakmakr
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December 22, 2016, 08:29:58 AM |
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You know that pen thing is a myth right? Neither would use pencil due to graphite getting in the air, Bic created a pen for them for free, the Russians used it as well. I do agree with you, a wristband would be much simpler. You did pick up, that I used the word, "story" Right? The real facts are even more redicilous, " Originally, NASA astronauts, like the Soviet cosmonauts, used pencils, according to NASA historians. In fact, NASA ordered 34 mechanical pencils from Houston's Tycam Engineering Manufacturing, Inc., in 1965. They paid $4,382.50 or $128.89 per pencil. When these prices became public, there was an outcry and NASA scrambled to find something cheaper for the astronauts to use." Source : https://www.scientificamerican.com/article/fact-or-fiction-nasa-spen/The point I am trying to make, still stands : Implanting a foreign substance into your body to pay for goods and services are just stupid, and a over engineered idea that are easily solved by much less radical payment options. I still think these people are just doing it, because it is regarded by many as a Taboo. < Religious or Social > I kind of like the idea. Think of how easy it would be going to a pool bar and not having to take your wallet with you or walking to the beach and not having to worry about your wallet on the beach while you play in the water. I lost a wallet at the beach once. I used to walk to North Beach in SF and afterwards would go to the beach chalet brewery across the street to have a few beers. I was way out in the water one time and looked back to see some guy stealing all my stuff. Canceling all your cards is a bitch. An implant would have solved that problem. How do you get to the beach? Car/bike, just lock it up in the vehicle you used to get to the beach. You can also just buy a swimsuit and get this sown into the clothing. Why do you have to get implants? I can already see the marketting campaign for this, "Never lose your wallet again, just hide it inside your body" ^hmmmm^ The thieves will quickly catch on to this, and they will CUT you after they have scanned you, to get to your wallet. No thank, leave this to the attention seekers. ^LoL^ As I said, there are many other ways to do this that would not require you to cut into your flesh and risk infections and rejection.
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buwaytress
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December 22, 2016, 01:12:27 PM |
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Now imagine if someone rich thought it would be a brilliant idea to store their millions in a microchip inserted into say, their hand.
Cue machete wielding man slashing off hand to attempt a brute force crack.
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Soros Shorts
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December 22, 2016, 01:26:27 PM |
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No, it wouldn't. Sounds a lot like Revelation, referring to the Anti-Christ's mark.
"And he causes all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: and that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name"
“If any man worship the beast and his image, and receive his mark…the same shall drink of the wine of the wrath of God…”
A payment chip in your right hand or forehead is not the mark of the Anti-Christ if the currency behind it is optional and not something that you are forced to use. Since when did any government or anybody tried to force you to use Bitcoin?
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Zadicar
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December 22, 2016, 01:31:09 PM |
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I'm not sure if this has ever been implemented yet, but can you imagine a way of paying with Bitcoin by just using your own body? It would be more of like a microchip implanted into your left or right hand that would contain both your public and private keys to send and receive Bitcoins. So in case you want to send or receive some BTC, you would just pass your hand over at a scanner and it would perform the desired operation. This is would make it a very convenient and easy way to transact, and carry your Bitcoins with you anytime, anywhere. However, the only thing to be considered would be the security of your private key from within your implant, to protect your funds from theft. Nevertheless, I want to know your opinion about this, since it would be pretty cool to have such a system to help spread mass adoption of the cryptocurrency. Im thinking of this kind of stuff too on which we could really easily make transactions with bitcoin with just the use of our own body (Ex. Arms) but as you said the security would surely increase but the risk of being robbed out is still there specially when someone knows that you are bringing your own bitcoin wallet.Someone could easily take you down and steal all the bitcoins you have.
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BigBos
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December 22, 2016, 02:48:24 PM |
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given the impact of bitcoin, I guess have a bad effect and impact both. it makes a lot of transactions fast on the internet, in addition, very many people who can be independent when bitcoin know, in fact, many unemployed who now has his own business. but, it also had a devastating impact, because it makes the traffic of illegal transactions increased.
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European Central Bank
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December 22, 2016, 03:13:29 PM |
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What happens when your private key is compromised? Do you have to cut it out of your body?
Same goes for these weirdos who get bitcoin address tattoos.addresses ain't designed to last.
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Patatas
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December 22, 2016, 03:17:07 PM |
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I'm not sure if this has ever been implemented yet, but can you imagine a way of paying with Bitcoin by just using your own body?
That's basically 6th Sense technology by https://www.youtube.com/watch?v=YrtANPtnhyg . It would be more of like a microchip implanted into your left or right hand that would contain both your public and private keys to send and receive Bitcoins.
When you say a chip,it sounds vague and makes it less technical to support your concept.A microprocessor with memory registers makes sense. So in case you want to send or receive some BTC, you would just pass your hand over at a scanner and it would perform the desired operation. This is would make it a very convenient and easy way to transact, and carry your Bitcoins with you anytime, anywhere. However, the only thing to be considered would be the security of your private key from within your implant, to protect your funds from theft.
Does that mean I will live with a constant fear of getting my ears sliced ? Not sure if I'm okay with it.How do you send bitcoins ? Where do you type the amount ? How does your chip connect to the internet everywhere you go ? A lot of complications is all I see.
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Bigdan
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December 22, 2016, 03:23:34 PM |
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I'm not sure if this has ever been implemented yet, but can you imagine a way of paying with Bitcoin by just using your own body? It would be more of like a microchip implanted into your left or right hand that would contain both your public and private keys to send and receive Bitcoins. So in case you want to send or receive some BTC, you would just pass your hand over at a scanner and it would perform the desired operation. This is would make it a very convenient and easy way to transact, and carry your Bitcoins with you anytime, anywhere. However, the only thing to be considered would be the security of your private key from within your implant, to protect your funds from theft. Nevertheless, I want to know your opinion about this, since it would be pretty cool to have such a system to help spread mass adoption of the cryptocurrency. I think that's probably a gradual implementation of the mark of the beast. I just read revelation 13:11-14:1-20 and I hope you're not in any way suggesting this so that a (world super power) may arise to use against the saints.
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Shenzou
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December 22, 2016, 04:28:32 PM |
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I don't think that's a very good idea, because having a chip that contains most of your bitcoin keys implemented into your body opens up a lot of possibility for hacks and money theft , they can walk past you scan your hand and then walk away since you said all the you have to do is pass it over a scanner and the money is paid
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QuestionAuthority
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You lead and I'll watch you walk away.
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December 22, 2016, 05:00:33 PM |
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You know that pen thing is a myth right? Neither would use pencil due to graphite getting in the air, Bic created a pen for them for free, the Russians used it as well. I do agree with you, a wristband would be much simpler. You did pick up, that I used the word, "story" Right? The real facts are even more redicilous, " Originally, NASA astronauts, like the Soviet cosmonauts, used pencils, according to NASA historians. In fact, NASA ordered 34 mechanical pencils from Houston's Tycam Engineering Manufacturing, Inc., in 1965. They paid $4,382.50 or $128.89 per pencil. When these prices became public, there was an outcry and NASA scrambled to find something cheaper for the astronauts to use." Source : https://www.scientificamerican.com/article/fact-or-fiction-nasa-spen/The point I am trying to make, still stands : Implanting a foreign substance into your body to pay for goods and services are just stupid, and a over engineered idea that are easily solved by much less radical payment options. I still think these people are just doing it, because it is regarded by many as a Taboo. < Religious or Social > I kind of like the idea. Think of how easy it would be going to a pool bar and not having to take your wallet with you or walking to the beach and not having to worry about your wallet on the beach while you play in the water. I lost a wallet at the beach once. I used to walk to North Beach in SF and afterwards would go to the beach chalet brewery across the street to have a few beers. I was way out in the water one time and looked back to see some guy stealing all my stuff. Canceling all your cards is a bitch. An implant would have solved that problem. How do you get to the beach? Car/bike, just lock it up in the vehicle you used to get to the beach. You can also just buy a swimsuit and get this sown into the clothing. Why do you have to get implants? I can already see the marketting campaign for this, "Never lose your wallet again, just hide it inside your body" ^hmmmm^ The thieves will quickly catch on to this, and they will CUT you after they have scanned you, to get to your wallet. No thank, leave this to the attention seekers. ^LoL^ As I said, there are many other ways to do this that would not require you to cut into your flesh and risk infections and rejection. I walk to the beach. I already said that. If someone wants your money they will figure out how to get it.
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