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Author Topic: Microchip implant for Bitcoin Payments in Malls will you agree ?  (Read 2057 times)
Kemarit
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April 23, 2017, 06:25:35 AM
 #21

I don't agree with the idea of using it specially for bitcoin payment purpose. We can have our smart phones with us all the time, so if ever we want to buy something in malls or other places that accepts bitcoin, we can just use the QR code scanner and its done!!!

Microchip implant is a new technological breakthrough that's changing the way information and identification is stored and shared. Microchip implant has its purpose, but not in bitcoin technology.

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April 23, 2017, 08:11:23 AM
 #22

there is a similar topic about it in the main board called bitcoin implants and it is basically the same argument. and i have always found it a bit weird to be honest, to have something in your body no matter how small or harmless to your inside body environment it is. and not just because of that but also because you would be carrying funds inside of it!
it is way to sceince fictiony for me Smiley
Honestly I will not be ready to risk my health just for a convenient payment option. Moreover I'm very much comfortable with my mobile wallets and I think it will be unnecessary to go for this type of implans which might be giving any security advantages.

I believe my health is more important than anything and ignoring this type of improvements may risk something but I will be ready to afford them.
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April 23, 2017, 08:28:56 AM
 #23

What if Bitcoin propose that use Microchip implant for bitcoin payments in malls do you want it ?
Some of my christian friends say that it's written in Revelations. but microchip implant is been spreading all over the us.
what's your opinion if this happen ?

Likely will happen sooner or later Blockchain technology has the utilization as a means of tracking finance and activities.
How it is executed is an entirely different method a nation with sufficient resources and capacity taken over by a dark dictator or cartel could do it but nations with insufficient resources say North Korea would have a head time implementing it.
Sum it up safe until the technology further develops and we don't enter into a pure chaos situation of power.

Believing in Bitcoins and it's ability to change the world
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April 23, 2017, 10:20:16 AM
 #24

there is a similar topic about it in the main board called bitcoin implants and it is basically the same argument. and i have always found it a bit weird to be honest, to have something in your body no matter how small or harmless to your inside body environment it is. and not just because of that but also because you would be carrying funds inside of it!
it is way to sceince fictiony for me Smiley
Honestly I will not be ready to risk my health just for a convenient payment option. Moreover I'm very much comfortable with my mobile wallets and I think it will be unnecessary to go for this type of implans which might be giving any security advantages.

I believe my health is more important than anything and ignoring this type of improvements may risk something but I will be ready to afford them.

Same here i won't risk to have a microchip in my body no matter if it's a bitcoin wallet or not, this is not for me... You never know if in the future if hackers will maybe be able to hijack the microchip and controll your body.  Cheesy

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Yanisumin
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April 23, 2017, 10:40:58 AM
 #25

Well it is in the book of revelations but I think what the book of Revelation meant is the chips that violating the law of the ten commandments and being used in immoral deeds.

Well of course planting chips on your body which you are violating the law of nature itself ( unless for medical purposes ) is being experimental since 1998.

Well I can't agree with this having this integrated circuit in my body, j know that it's for own convenience and security but of course it has a negative effect and it will degrade though time ( unless it is biologically made ).

DrGuns4Hands (OP)
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April 23, 2017, 05:14:36 PM
 #26

There are brand new face scanning and eye scanning technologies that will work way better than a microchip implant.Nobody would want to have some microchip under his/her skin.This is ridiculous.
Even fingerprint technologies are a way beter alternative.   
even myself i don't want theres a device attached on me even if it's too small it will be weird but if someday they have develop some system like thisface and eye scanning and fingerprint technology seems to be easy to bypass . let's say face scanning is easy to bypass but fingerprint is more accurate on suggestion . hope when they propose some transaction using bitcoin they will use the fingerprint.
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April 23, 2017, 05:42:12 PM
 #27

i will never do that implantation its like selling your soul in the devil i already read it many times in the bible. thats what the devil wants to happen . much better if they gonna use our fingerprints so that our data are still secured and cant be crack by anyone who wants because we are the only one who have that finger print.
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April 23, 2017, 06:09:23 PM
Last edit: April 24, 2017, 06:48:09 PM by bartolo
 #28

Microchip implants would allow quick payments and security as long as they were not hacked. However it would end the privacy of the bitcoin walletss since your wallet and your bitcoin addreses would be associated with your body, impossible to have less privacy.
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April 23, 2017, 06:37:35 PM
 #29

What if Bitcoin propose that use Microchip implant for bitcoin payments in malls do you want it ?
Some of my christian friends say that it's written in Revelations. but microchip implant is been spreading all over the us.
what's your opinion if this happen ?
Not a benefit overall, more of an annoyance and it can easily make crime a lot more damaging to individuals.
I certainly won't be getting one, ever, regardless of whether or not they tote it as some sort of great achievement for fintech or whatever. I'd rather pay with plastic or cash than have to wave my hand or whatever over a scanner.
I'm confused as to why you think there are implants all over the US. There are implants of varying types, but next to none of them actually microchips people use to pay for things. I don't think there's more than maybe a few dozen people in this country that have a fintech implant.
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April 24, 2017, 01:45:08 AM
 #30

Thieves can steal credit card data through RFID.

https://www.youtube.com/watch?v=x3S_6EJCjn0

An implant would be vulnerable to similar attacks.

Someone walking past you on the street with a scanner could steal all your bitcoin.

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April 24, 2017, 02:37:10 AM
 #31

Thieves can steal credit card data through RFID.

https://www.youtube.com/watch?v=x3S_6EJCjn0

An implant would be vulnerable to similar attacks.

Someone walking past you on the street with a scanner could steal all your bitcoin.


If that's the case it is better not to use microchip implant for bitcoin payments since it would be easier to steal bitcoin for others that way. If that's the case I'd rather prefer paying bitcoin via scanning a qr code in a mall for transaction with a smartphone or better yet convert my bitcoin to fiat to pay for a product using fiat obtained by converting bitcoin. That would be easier to do.
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April 24, 2017, 02:46:36 AM
 #32

Yes i agree with this microchip implants for bitcoin payments in mall because it will help for them to regulate the use of bitcoin in their malls or stores and it will help them to avoid getting bitcoin from a illegal person because it will cause them trouble. Microchips will help them track the bitcoin payments and who is the sender of bitcoin it will make a good effect in terms of security.
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April 24, 2017, 04:00:08 AM
 #33

What if Bitcoin propose that use Microchip implant for bitcoin payments in malls do you want it ?
Some of my christian friends say that it's written in Revelations. but microchip implant is been spreading all over the us.
what's your opinion if this happen ?

Nope, Nope and Nope.
This is against everything Bitoin is. Anonymity, decentralization, freedom. Chipping is like being a home pet.

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April 25, 2017, 02:51:27 PM
 #34

It will be incredible, sooner or later it will begin to be applied in all countries. I strongly support the development of technology like this because of course the transaction will be very fast and easy (not only bitcoin but also all). Most importantly I think microchip implants do not have harmful effects on the human body so safe to use. And if bitcoin starts implementing microchip implants, I think making bitcoin atm will be useless because it would not have been used again.
ofcourse no one wants atm for bitcoin. but microchip can be a reason for a massive improvents of the world i don't know why christians are so afraid for it. I done a lot of reasearch about it and i found that it's some kind of interesting moves for technology imagine all your wallet's money, information about yourself, keys for your car and creditcards and think about bitcoin you have it too on the microchip it will be so very innovative.
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April 25, 2017, 02:58:45 PM
 #35

What if Bitcoin propose that use Microchip implant for bitcoin payments in malls do you want it ?
Some of my christian friends say that it's written in Revelations. but microchip implant is been spreading all over the us.
what's your opinion if this happen ?

Nope, Nope and Nope.
This is against everything Bitoin is. Anonymity, decentralization, freedom. Chipping is like being a home pet.
I am also an opponent of chipping. This interference in my personal life and helps to ensure that any information about me will be those whom I have not given permission. For this reason, I don't even have a biometric passport.
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April 25, 2017, 03:00:16 PM
 #36

That sounds something futuristic and innovative. I would like to have one of it unless and until I'm not getting controlled with robots someday.  Cheesy The idea really looks cool and with generations changing lightening fast it is very much possible to have these things. It would be really great to have such technology and bitcoin has the potential to hold that thought. If we have crystal credit card which could be stolen at any time then why not to have such technology in yourself itself. I hope people won't threat us for using ourselves to use us for their benefits. But with new technology I hope here will that much security as well.  Cheesy

 
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April 25, 2017, 05:00:34 PM
 #37

Of course I agree, because it is very good for me because I often mall
Paying shopping using bitcoin.
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April 25, 2017, 05:18:01 PM
 #38

What if Bitcoin propose that use Microchip implant for bitcoin payments in malls do you want it ?
Some of my christian friends say that it's written in Revelations. but microchip implant is been spreading all over the us.
what's your opinion if this happen ?

Christian's might have an exaggerated looks towards this issue and worst every new tech for them is work of evil specially to those extremist who does not want technology to move forward.  But with regards with microchip implant, I would say no.  Why would I let something to be implanted in my body when I can have it in my bag. 

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April 25, 2017, 06:25:16 PM
 #39

Thieves can steal credit card data through RFID.

https://www.youtube.com/watch?v=x3S_6EJCjn0

An implant would be vulnerable to similar attacks.

Someone walking past you on the street with a scanner could steal all your bitcoin.



I have the feeling that a bitcoin wallet implanted in a microchip would not be very safe so I don´t see too many advantages. In addition, in case of putting a microchip inside the body it would always be better to implant one related to health as a blood sugar meter for diabetics or a blood pressure meter for example, rather than a bitcoin wallet that you can carry in your smartphone.
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April 25, 2017, 06:53:32 PM
 #40

That wouldn't be awesome at all. I would rather purchase things with cash instead of doing bodily harm just so a product could get purchased. Money is not that important.

 
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