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Author Topic: Introducing Bitbills!  (Read 29274 times)
casascius
Mike Caldwell
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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November 29, 2011, 03:12:30 AM
 #221

I guess casascius ran them out of business for the time being.

I doubt that.  I had a chat with llama not too long ago.  Seems to me they are not able to produce their product, I am not sure what's wrong.  Me running them out of business would look more like them offering to sell their product, but no one buying it.  What you see is the exact opposite.

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 wallets instead.
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Matthew N. Wright
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November 29, 2011, 03:25:33 AM
 #222

Me running them out of business would look more like them offering to sell their product, but no one buying it.

I guess casascius ran them out of business for the time being.


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Twinkle twinkle motherfucker, twinkle twinkle.


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January 01, 2012, 08:31:41 AM
 #223

I'm just showing my support and letting llama know that I'm still excited for Bitbills to get back up and running. I will be making purchases when they do so.

I really hope the business gets back online shortly. It seems to me like you're preparing, what with the new website design(as of September) and the development of a mobile app to cash in the Bitbills.
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January 23, 2012, 09:17:53 PM
 #224

I made a bet stating that bitbills.com will reintroduce sales this year. http://betsofbitco.in/item?id=245
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January 23, 2012, 09:36:40 PM
 #225

I wrote them asking if they were interested in a $500 share of the hologram order, and they declined.  Those holograms could have been used as the squares they already put in their prior batch of BitBills, would have added a neat touch.

They said they don't want to commit "that much money" until they know for sure what they want to do.

I suppose it's a matter of priorities.  Their product seemed to be of pretty high quality such that I wouldn't think of the producers of such a good product to be worried about $500, knowing full well there's a demand for it.  I take it as a sign that they might not produce them for whatever reasons of their own.

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 wallets instead.
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January 23, 2012, 11:34:02 PM
 #226

I wrote them asking if they were interested in a $500 share of the hologram order, and they declined.  Those holograms could have been used as the squares they already put in their prior batch of BitBills, would have added a neat touch.

They said they don't want to commit "that much money" until they know for sure what they want to do.

I suppose it's a matter of priorities.  Their product seemed to be of pretty high quality such that I wouldn't think of the producers of such a good product to be worried about $500, knowing full well there's a demand for it.  I take it as a sign that they might not produce them for whatever reasons of their own.
Think you could offer a bank card since it seems bitbills isn't selling anything yet?

You could even sell cards that have the same public key as a bar or coin. I could stick the bar somewhere safe (like in a literal safe) and carry around the card.  If I want to make long term deposits or just show off bitcoin, I just scan a QR code on my card and I'm done.  No need to have the private key even on the card.

If I need to send BTC, I would use a normal client or your coins. The bank card would allow easy secure storage (assuming I trust you Wink )

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Firstbits: Compromised. Thanks, Android!


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January 24, 2012, 04:54:32 AM
 #227

You could even sell cards that have the same public key as a bar or coin. I could stick the bar somewhere safe (like in a literal safe) and carry around the card.  If I want to make long term deposits or just show off bitcoin, I just scan a QR code on my card and I'm done.  No need to have the private key even on the card.

If that's all you're looking for, someone already produces it.

http://paymyaddress.com

I've made a number of purchases from them, both for myself and for others, and find their cards to be of good quality.

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January 24, 2012, 05:53:46 AM
 #228

I can send interested persons the development card of bitcoindebit.net  It is not pretty but it functions.  I am working on a plastic card design I hope to get completed in the next month.
I still want to see someone come out with a debit card that literally works exactly the same as a current debit card would, except it withdraws BTC from your account equal to the USD you spend.

It would probably lower exchange rates for a while (everyone spending their BTC on everyday items with their debit cards), but it would bring with it a lot more interest and excitement of BTC.

MAKE IT HAPPEN ANDREW BITCOINER!  Smiley
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January 24, 2012, 07:04:14 AM
 #229

I can send interested persons the development card of bitcoindebit.net  It is not pretty but it functions.  I am working on a plastic card design I hope to get completed in the next month.

did you buy the site from macintosh264 ?

i was interested in the idea.
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January 24, 2012, 07:05:47 AM
 #230

I still want to see someone come out with a debit card that literally works exactly the same as a current debit card would, except it withdraws BTC from your account equal to the USD you spend.

OKPAY already does that.

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January 24, 2012, 04:14:42 PM
 #231

I still want to see someone come out with a debit card that literally works exactly the same as a current debit card would, except it withdraws BTC from your account equal to the USD you spend.

OKPAY already does that.

So does aurumxchange
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January 24, 2012, 04:14:58 PM
 #232

I still want to see someone come out with a debit card that literally works exactly the same as a current debit card would, except it withdraws BTC from your account equal to the USD you spend.

OKPAY already does that.
Well, not quite.  They don't hold your balance in BTC - they hold it in USD.  But it's pretty close!
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