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Author Topic: Physical Wallet/App/BitCard  (Read 868 times)
opensourcerer (OP)
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June 18, 2011, 10:58:32 PM
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I think it would help boost bitcoin over the edge if "real", physical retail locations could accept BitCoin, like maybe have a BitCoin app on all major platforms (at least Android, WP7, and iPhone [the top three in 2015]), a physical, purchase seprately "BitCard" credit-card type BitCoin thingy-ma-bobber Cheesy Possibly Bitcoin could partner with Visa or something ?
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Kuber
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June 18, 2011, 11:52:21 PM
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I would appreciate a bitcoin client on android/iOS. But those "physical" thing.. For that, BTC needs to be much more popular and accepted by goverments, which is, unfortunately, not the case yet.
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June 19, 2011, 01:24:03 AM
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There are people already making physical cards: http://bitbills.com/
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June 19, 2011, 01:29:28 AM
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How can you possibly even consider going in this direction when there has been so many security flaws discovered in the past week.  So you want to take an inherently flawed system that does not allow for an always encrypted wallet.dat file and allow for a physical device that will be used to make store purchases.  Ok right now do you know how many billions of dollars are already being stolen by credit card skimmers?  But hey its alright because the bank will cover losses to these transactions.  Now you want to take an inherently insecure system that has no bank to protect against fraud and make it also vulnerable to skimmers.  Great idea.  Put an rfid chip in it while your at it so they can do it at a distance.

Why don't we first decide to create a platform for secure transactions as they exist now and worry about applications like this later.  I mean have you seen all the problems people are having with compromised mtgox accounts.  Nothing about bitcoin is secure or reliable right now.  Once we can secure the wallet.dat to be always encrypted and we can provide for a secure way to exchange this currency without worrying about an ewallet that can be compromised then lets talk about taking digital currency into the realm of the physical real world.

What we need is an always encrypted wallet.dat file.  Till this change takes place everything else is vanity of vanities because it means bitcoin will never be taken as a truly secure form of currency.  
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