Physical bitcoins, take 4

[Ian Maxwell]

So Bruce, did you ever get those samples? Were they samples of bitcoin notes or only of the paper they might be printed on?

[Bruce Wagner]

They sent me samples of security paper.

I am still thinking of printing paper bitcoin.....   But simply......    Public and Private Key Pairs.... on paper.....   for offline Bitcoin dry storage.

[Mjbmonetarymetals]

 

[willphase]

problem with any central bank issuing paper bitcoins is the trust that the bank is actually securely deleting/forgetting the private keys when they issue you currency.  For this to work there would have to be trust, beyond that it's easy for anyone to print a private key on a piece of paper.  In fact, I gave a friend of mine a bitcoin on paper exactly this way (here)...

Not sure why this thread was necroed btw...

Will

[aq]

They sent me samples of security paper.

I am still thinking of printing paper bitcoin.....   But simply......    Public and Private Key Pairs.... on paper.....   for offline Bitcoin dry storage.

+1
Just print a private key as a "redeem code" and use the public key as the address where to send the coins. Simple and easy yet elegant.
Would be perfect if dialogs (generate/print private key and redeem) were added to the official client.
See also https://bitcointalk.org/index.php?topic=35905.0
Once there is a bounty site we can create/join such a proposal. Hopefully we can convince the devs to add this.

[idev]

I plan on starting a digital voucher system backed by bitcoins
suitable for both online and offline usage in the very near future.