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Author Topic: bitbill banking card  (Read 1853 times)
bracek (OP)
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July 23, 2011, 09:28:48 PM
 #1

is it safe ?
What I am afraid of is this :
post office employee scans all bitbills' banking cards he can get hands on
and just waits for deposits...

makes me wanna work at the  post office Smiley
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onesalt
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July 23, 2011, 09:51:30 PM
 #2

What the fuck are you on about
natman3400
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July 23, 2011, 10:02:15 PM
 #3

is it safe ?
What I am afraid of is this :
post office employee scans all bitbills' banking cards he can get hands on
and just waits for deposits...

makes me wanna work at the  post office Smiley

Theres a problem here. If your mail is opened and any personal data is extracted without your consent, that is mail fraud, which is a federal offense, and is the reason for federal postal inspectors. Anyone that opens a letter at a post office would probably be subject to investigation and most likely arrest. Also, most mail is sorted automatically, so how would it look when someone starts opening letters as soon as they get to the post office, before they can get to the sorting bin?

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July 23, 2011, 10:05:08 PM
 #4

The bank cards initially come with a sticker over the QR code and private key. If these are tampered with or missing, do not use the card.

bracek (OP)
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July 23, 2011, 11:44:03 PM
 #5

is it safe ?
What I am afraid of is this :
post office employee scans all bitbills' banking cards he can get hands on
and just waits for deposits...

makes me wanna work at the  post office Smiley

Theres a problem here. If your mail is opened and any personal data is extracted without your consent, that is mail fraud, which is a federal offense, and is the reason for federal postal inspectors. Anyone that opens a letter at a post office would probably be subject to investigation and most likely arrest. Also, most mail is sorted automatically, so how would it look when someone starts opening letters as soon as they get to the post office, before they can get to the sorting bin?

Croatia is my country,
I know for a fact , that by the law, I must bring ALL packets for sending outside my country OPENED,
they inspect it, then they seal it and send it,  
by that same law, customs officers OPEN all packets when they arrive in my country,
and they do exercise that, I have gotten all of my packets opened and repackaged by them so far

and we (Croatia) are free-er country than the "land of the free" IMO
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July 23, 2011, 11:45:55 PM
 #6

is it safe ?
What I am afraid of is this :
post office employee scans all bitbills' banking cards he can get hands on
and just waits for deposits...

makes me wanna work at the  post office Smiley

Theres a problem here. If your mail is opened and any personal data is extracted without your consent, that is mail fraud, which is a federal offense, and is the reason for federal postal inspectors. Anyone that opens a letter at a post office would probably be subject to investigation and most likely arrest. Also, most mail is sorted automatically, so how would it look when someone starts opening letters as soon as they get to the post office, before they can get to the sorting bin?

Croatia is my country,
I know for a fact , that by the law, I must bring ALL packets for sending outside my country OPENED,
they inspect it, then they seal it and send it,  
by that same law, customs officers OPEN all packets when they arrive in my country,
and they do exercise that, I have gotten all of my packets opened and repackaged by them so far


The bank cards initially come with a sticker over the QR code and private key. If these are tampered with or missing, do not use the card.

^this

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
bracek (OP)
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July 23, 2011, 11:52:50 PM
 #7


The bank cards initially come with a sticker over the QR code and private key. If these are tampered with or missing, do not use the card.
[/quote]

^this
[/quote]


not quite enough, I do not know how the untouched sticker actually looks,
so when it is removed, another , similar can be pasted, and "all is good" AFAIK...

I could be overparanoid, but people had done much more craftier things than that
natman3400
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July 23, 2011, 11:54:34 PM
 #8

The bank cards initially come with a sticker over the QR code and private key. If these are tampered with or missing, do not use the card.

^this
[/quote]


not quite enough, I do not know how the untouched sticker actually looks,
so when it is removed, another , similar can be pasted, and "all is good" AFAIK...

I could be overparanoid, but people had done much more craftier things than that
[/quote]

If your really not sure, make your own private/public key combination and etch it into a piece of metal yourself.

Support the BitClip project:
http://bit.ly/vghQFK
Donate to bitclip: 1BCincd4sHM1ou5QcxZ4vc4hKzsxXCpQT
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bracek (OP)
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July 24, 2011, 12:05:29 AM
 #9



card should come "broken" into (two) parts, like a puzzle,
sent separately to different addresses and names...
bracek (OP)
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July 24, 2011, 12:09:58 AM
 #10

Move to a country that isn't a pile of shit.

I am the last one to be patriotic,
but we are really  a good little country,
just that sometimes there are such privacy concerns,
all in all, I've seen almost all of the countries of the Europe, and no thanx

maybe later, Australia
natman3400
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July 24, 2011, 12:12:44 AM
 #11



card should come "broken" into (two) parts, like a puzzle,
sent separately to different addresses and names...

As I have said before, you can just make your own private/public keypair on an airgapped machine, and the etch it into some metal yourself if your that worried.

Support the BitClip project:
http://bit.ly/vghQFK
Donate to bitclip: 1BCincd4sHM1ou5QcxZ4vc4hKzsxXCpQT
Dontate to me: 1NathanAubdutd4kW4VwfcEXEWvgkqEq7V
PGP key 1: http://goo.gl/TUIWe
PGP key 2: http://goo.gl/jrfaI
Proof both keys belong to me: http://goo.gl/dQSHl
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July 24, 2011, 04:21:07 AM
 #12

If his postal service opens all mail, then yes he should be super paranoid.

And not order anying through the public mail system...
casascius
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July 24, 2011, 04:24:54 AM
 #13


The bank cards initially come with a sticker over the QR code and private key. If these are tampered with or missing, do not use the card.

^this
[/quote]


not quite enough, I do not know how the untouched sticker actually looks,
so when it is removed, another , similar can be pasted, and "all is good" AFAIK...

I could be overparanoid, but people had done much more craftier things than that
[/quote]

I have taken apart BitBills before.  You can't just remove the sticker, because you can't even touch the sticker until you completely destroy the card.  The sticker is a hologram as well.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper or hardware wallets instead.
bracek (OP)
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July 24, 2011, 08:09:54 AM
 #14


I have taken apart BitBills before.  You can't just remove the sticker, because you can't even touch the sticker until you completely destroy the card.  The sticker is a hologram as well.
[/quote]

we are talking about their banking card
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July 24, 2011, 10:43:51 AM
 #15

If BitBills become popular and widely accepted, it is almost guaranteed that someone will counterfeit them. Hologram is bad protection, there are many services which can make any hologram for small fee. And when fake Bitbills will appear for sale online, nobody will accept them anymore. I think Bitbills issuer must think about security hardening, when it is not too late!
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July 24, 2011, 11:34:54 AM
 #16

Bitbills are a temporary gadget to help distribute bitcoin to investors. I don't see them as becoming currency themselves. Once bitcoin software is mature, there will be little need for bitbills. Counterfeiting shouldn't be a problem, besides, copying that hologram will be very difficult for awhile.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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