Bitcoin implants?

[Hugroll]

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. 

hmm sounds like a good idea, but i imagine for it to be a multi address wallet it would need some sort of battery source and chip to be able to generate new addresses otherwise it could just be a single qr code for one address.

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[Yakamoto]

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

I can definitely see some security concerns arising from this, but the scenario you're describing seems a bit more on the fantastical side. It would be pretty difficult to keep a cut-off arm hidden enough that you can fake owning the arm and pay for stuff, but it is possible and, even if the attempted robbery is not successful, it still maims people and results in them losing a lot more than just a wallet.

I've never been a fan of rfid chips, and likely I will never advocate in favor of them. Too many things can go wrong way too easily.

[wxa7115]

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. 

And why do we need to have such an implant in our bodies? What kind of advantage will that bring?
wouldn’t that put our anonymity at risk since your addressees will forever be linked to you since the implant now is part of your body?

[Abiky]

And why do we need to have such an implant in our bodies? What kind of advantage will that bring?
wouldn’t that put our anonymity at risk since your addressees will forever be linked to you since the implant now is part of your body?

Well, it will bring you the convenience of not having to carry or wear a physical wallet with you all the time. You'll never forget to bring your wallet when making payments with Bitcoin as it will always be inside of you. I know that it would be a huge target for thieves to try to steal your money, but I believe that security mechanisms would be deployed, to prevent this from occurring.

Something like multisig that would require the approval of at least 2 out of 3 keys would greater strengthen the security of your implant. It could be the combination of your smartphone and implant to help unlock your funds, or using any other device you may have registered.

On top of that, if Bitcoin scales and becomes faster in transaction confirmation times, making payments with your implants would be a snap. While the implants may not be a viable use case nowadays, I believe that it would become used at some point in the future. Just my opinion. 

[andrew24p]

Not sure if I want to incentivize someone cutting off my hand or digging in it with a knife to get to my wallet.

[bamboylee]

I do not want anything implanted on me even if this makes paying with bitcoin faster. There are hardware that can do that, and it doesn't have to be planted on my body. This reminds me of the movie In Time, where the time left in their lives is in their wrists. It is convenient to spend and also convenient for others to steal.

[rickadone]

I guess, before trying to make some crazy ideas about implementing bitcoin wallets into our wrists or having a digital wallet in our pocket, people should work on making bitcoin accepted anywhere we go.

All the business in the world should have a motivation to accept bitcoin therefore they have to know the advantages of using bitcoin nowadays, we don’t need any crazy ideas until we can use the bitcoin in our daily lives, it is like bringing a suit to a beach party or it is like having a fork to eat soup you have it but you can’t do anything with it.

[pixie85]

Not sure if I want to incentivize someone cutting off my hand or digging in it with a knife to get to my wallet.

They wouldn't have to do that because getting your implant wouldn't give them access to your coins. They would still have to know the password, so this would have to be a typical armed robbery where they incapacitate you, hold a reader to your arm to make a payment request and then hold a gun to your head or a knife to your throat until you enter the pass to confirm it.
I don't think that having a wallet implanted would make it easier for the muggers to steal your money.

[franky1]

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.

but if the only thing being transmitted from the device is a signed tx  (emphasis no privkey)
then it ends up being safer then a credit card

[iamTom123]

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. 

Looks like a very attractive idea and can really be an icon for being a very technologically-advanced person. However, there would be many who can be turned-off with the idea. I for one may not go with it as it can invade my own privacy even if it is just my thinking. Plus it can be dangerous...we can be kidnapped and be forced to do Bitcoin transactions because the chip is inside of us lol. But I think there can be a good market for this and the technology behind can have other uses too.

[btccashacc]

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

Well, this is interesting, in medical terms placing a foreign object into our body is potentially a disaster. If this concept just like something that implemented on the surface of the skin i think this is not a big problem but if this object is placed under the skin layer it's just not good for your health. Not only that you might also lose your arm you know what i mean, the criminal will do everything to get what they want.
Anyway, bitcoin tattoo is a good option sadly it just can be used to receive bitcoin.

[Janation]

I think these will be great, I mean really great, and I think we dont need to use private keys because we can use our thumb mark as our private key, right? what do you think? everytime you pay your client or costumer you will just give out your finger and mark so it can be sent. As we all know bitcoin is the most innovative currency and it also need some innovative security, these is really great, I think someone has been implementing these now.

[Schuyler]

I heard from rumors that in my country several personalities have microchips implanted somewhere in their bodies to trace where they are in case they get kidnapped or something. This has been a rather old technology but if payment system is to be configured in that chip, that is definitely an upgrade, and that also raises the security issues a person has to deal with. Maybe in the future, these things would be possible on a wider scale because implants are starting to be just another thing at this day and age.

[Rajchandu]

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.  Smiley

[zeze18]

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 this is a good idea, if there is now perhaps this will facilitate transactions for users bitcoin

[TIDOVEE]

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.

Thank you, wont they have to operate ones body(hand)? if that will be needed, Why should we go that far? and if not, technology can go that far if accepted and that will be a nice idea.

[Sadlife]

Ive heard that same concept i think the name of it was RFID microchip, cant remember.
But if ever it happens that would be the end of privacy for us bitcoin users
Cause they can track us using that device where ever we go
That would destroy bitcoin's anonymous features.

[btbrae]

I am not for body alteration for any payment method, too sketchy and especially if someone knows you have it and have quite an amount, seems like a great way to lose a hand.

This is simples, you just make it so you have to clap both hands together before making the payment.

[neochiny]

The idea is great but I'd rather use a watch, armband etc.. that has my private and
public keys on it, I'd be more comfortable with that. although if bitcoin bio-paying is accepted
and is approved to be safe, considering it is not a problem for me

[Haladay]

Well, if such an implant be visible from outside, you probably be kidnapped...