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HarringtonStark
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March 17, 2017, 04:59:21 AM
 #101

Nice idea. A bitcoin wallet integrated in your body but I prefer a bracelet type like the one I see in the Passengers movie. They just let their hand near a scanner and then the device is synched with the computer. Pretty convenient and it's very doable because we already have hardware wallets. We just need to make it smaller to be implanted under the skin. A bracelet type would be easier though.

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March 17, 2017, 05:06:50 AM
 #102

for a lot of poeple there cell phone is an "implant"
it literally never leaves there side.
when they forget it at home, they might experience panic attacks.

so there's no need for an implant, cell phone is just as good if not better then an implant, for all practical purposes

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March 17, 2017, 05:12:11 AM
 #103

It would be rather hard to implement a full wallet into a human body. The chip would need to store both the private and the public key, be able to create and sign transactions. The chip has to differentiate between authorised transactions and unauthorised ones, for example, someone can just hold a phone to your hand and they can instruct your chip to send the Bitcoins to an address. Definitely possible to implant a chip inside your hand but it would be expensive and harder to develop.

It would be easier if it is a NFC that broadcasts only address information.

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March 17, 2017, 05:42:40 AM
 #104

It is sound so good.
Putting a code in your hands or part of your body but it is dangerous for sure.
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March 17, 2017, 06:54:16 AM
 #105

I personally not agree to that idea, harming your body to implant chip is not good, even though that idea making payment and other identification become easier, but implant technology into your body is not a good idea for me and it sound a bit scary


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March 17, 2017, 03:48:37 PM
 #106

Bitcoin implants? haha well it sounds not to be true or not to be done. Because embedding bitcoins is very hard to do and it seems it would take a longer time to make this. But we are industrialized country now, there is also possibility that it could be done if the people would focus in embedding bitcoins to something.

This is not that impossible it is just like putting chips in your body. But the assurance for the health of people is a bit dangerous like the radiation in every transaction you made, there is always a radiation to transfer the code they need from your chip.
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March 17, 2017, 04:10:16 PM
 #107

As long as is not bad for the health, and is just a microchip that you can carry in your belt this would be an awesome idea.

if true it happened to put a chip in the body whether it was for a long time did not provide for the effect that install these chips
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March 17, 2017, 06:01:26 PM
 #108

Bitcoin Implants are already around in the world. There was a video where a guy had Bitcoin Implants placed into his hand and he scanned his implant on the scanner to get what he wanted.

YouTube Video: https://www.youtube.com/watch?v=pdauofdGFBM

Code:
https://www.youtube.com/watch?v=pdauofdGFBM

Many think that this is the what the mark of the beast is, they might not be correct because Bitcoin Implants are only a payment system that allow people to for things using mainly USD as a price checker.
Bitcoin Implants is the start of the NFC chip payment system's that allow people to pay for things using certain body parts, when the real thing begins this type of payment system will get used by many people of the public and they would not even know the 666 part.


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March 17, 2017, 07:39:05 PM
 #109

Bitcoin implants? haha well it sounds not to be true or not to be done. Because embedding bitcoins is very hard to do and it seems it would take a longer time to make this. But we are industrialized country now, there is also possibility that it could be done if the people would focus in embedding bitcoins to something.

This is not that impossible it is just like putting chips in your body. But the assurance for the health of people is a bit dangerous like the radiation in every transaction you made, there is always a radiation to transfer the code they need from your chip.
may be such kind of activities are possible in modern countries but in local area or poor countries they do not have the facilites of modern science and technology.
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March 17, 2017, 08:13:06 PM
 #110

Nice idea. A bitcoin wallet integrated in your body but I prefer a bracelet type like the one I see in the Passengers movie. They just let their hand near a scanner and then the device is synched with the computer. Pretty convenient and it's very doable because we already have hardware wallets. We just need to make it smaller to be implanted under the skin. A bracelet type would be easier though.

Well, a bracelet would be much safer for sure, but it will lack the convenience of carrying your wallet inside your body, letting you send/receive your Bitcoin at any point in time. Also, thieves would notice the bracelet (since it is a wearable) than the integrated wallet microchip.

Still, the idea is not bad, and it would be much more handy than having to carry with a hardware wallet around. The bracelet might look like any ordinary bracelet, but instead it will be much like a discreet hardware wallet which you can use to safely store Bitcoin and/or any other cryptocurrency. For this to go viral, it would need to have strong security, in the case of theft or loss. Something like multi-signature, or 2FA will do the trick.

Nevertheless, implants or wearables, we are entering into a society were digital payments and automation will transform our ordinary lives. It would not be surprising to see a government one day, that would require its citizens to use some kind of implanted device that will contain personal information of an individual, as well as his/her funds, and more. Just sharing my thoughts.  Grin

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March 17, 2017, 08:32:16 PM
 #111

Nice idea. A bitcoin wallet integrated in your body but I prefer a bracelet type like the one I see in the Passengers movie. They just let their hand near a scanner and then the device is synched with the computer. Pretty convenient and it's very doable because we already have hardware wallets. We just need to make it smaller to be implanted under the skin. A bracelet type would be easier though.

Well, a bracelet would be much safer for sure, but it will lack the convenience of carrying your wallet inside your body, letting you send/receive your Bitcoin at any point in time. Also, thieves would notice the bracelet (since it is a wearable) than the integrated wallet microchip.

Still, the idea is not bad, and it would be much more handy than having to carry with a hardware wallet around. The bracelet might look like any ordinary bracelet, but instead it will be much like a discreet hardware wallet which you can use to safely store Bitcoin and/or any other cryptocurrency. For this to go viral, it would need to have strong security, in the case of theft or loss. Something like multi-signature, or 2FA will do the trick.

Nevertheless, implants or wearables, we are entering into a society were digital payments and automation will transform our ordinary lives. It would not be surprising to see a government one day, that would require its citizens to use some kind of implanted device that will contain personal information of an individual, as well as his/her funds, and more. Just sharing my thoughts.  Grin
This seems to me a bad idea. If you used to steal purses from handbags or pockets, then you will cut off your arm or leg with a bitcoin purse, such as implanted device, to steal money. I would be afraid for my life.
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March 17, 2017, 08:35:40 PM
 #112

You want to lose your arm? Because that's how you lose your arm.

Imagine you're in a sketchy neighborhood and people know you're carrying a huge amount in your palm.

Its good for ease of transaction, but a big NO for security
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March 17, 2017, 09:52:38 PM
 #113

I personally not agree to that idea, harming your body to implant chip is not good, even though that idea making payment and other identification become easier, but implant technology into your body is not a good idea for me and it sound a bit scary
yes you are not a robot  you are sensible person and it is really  not a good idea to har our body. to me if it is o much important then you can use some other ways of using the chip for the purpose.

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March 17, 2017, 11:12:24 PM
 #114

This seems to me a bad idea. If you used to steal purses from handbags or pockets, then you will cut off your arm or leg with a bitcoin purse, such as implanted device, to steal money. I would be afraid for my life.

That could happen but if the implanted device has security mechanisms like multi-signature and 2FA, then it would be really hard for anyone to steal your Bitcoins at all, especially if you would require x out of y keys, to unlock access to the funds. The possibilities are endless here, being the only limitation the health implications that it would have if remained permanent on your body.

Nevertheless, it would be interesting if this tech becomes used in the mainstream world, as it would facilitate making payments in any kind. Just my opinion.  Grin

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March 17, 2017, 11:48:04 PM
 #115

Reminds me of those news stories about h4x0rs stealing wireless credit card data from people on the street.



An implant would probably be the most convenient and fastest way to pay for things.

But perhaps like 2MB block sizes, the fast and convenient way, isn't always the best.
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March 18, 2017, 12:37:41 AM
 #116

It's possible to happen and already exists with another id informations. They implant a chip inside the hand and it open their car, house, access bank account, make payments, everything... But I don't like the idea, we never know who is watching us.
I prefer to keep my body clean without anyway to track my movements.

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March 18, 2017, 01:51:58 AM
 #117

Couldn't there be a problem with people hacking the data on the chip. I wouldn't trust the security of something like that, but it's not a bad idea to start with.
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March 23, 2017, 01:49:04 PM
 #118

Couldn't there be a problem with people hacking the data on the chip. I wouldn't trust the security of something like that, but it's not a bad idea to start with.

Yeah. If manufacturers of the chip don't employ strong security methods, then it would be prone to hacking and theft of funds. To be on the safe side, they could choose to make the chip require a number of private keys (like multisig) to unlock the funds. That way, when the hacker of thief tries to steal your Bitcoin over the chip, they would have no luck doing so, since they would only have access to a single key, while the rest would be required to unlock access to the Bitcoins stored on that chip.

I believe that as technology evolves, we would be able to see microchips implanted into every people, where it would contain your personal information, as well as your financial information. Probably, by that time governments would issue their own digital currencies, eliminating physical paper money once and all, and bringing the convenience of digital payments, all within the microchip embedded into your body. This might be not far from becoming a reality at some point in the future. Just my opinion.  Grin

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March 25, 2017, 02:31:45 PM
 #119

for a lot of poeple there cell phone is an "implant"
it literally never leaves there side.
when they forget it at home, they might experience panic attacks.

so there's no need for an implant, cell phone is just as good if not better then an implant, for all practical purposes
hahahahahah u alright
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April 01, 2017, 03:28:50 PM
 #120

As long as is not bad for the health, and is just a microchip that you can carry in your belt this would be an awesome idea.
As far as I know that implanting in our body is bad to our health. It will become risk in our life. We know that we're coming on that time. When it become popular and anybody implants in their body, I don't think I would do that. I am scared of the side effect of the bitcoin implants. I am happy of what I am using like gadgets to keeping my bitcoin there. It's risky because of the criminals, they will let you die to get your bitcoin.













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