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Topic: A friend had a strange idea - page 4. (Read 2329 times)

full member
Activity: 196
Merit: 100
March 28, 2016, 11:09:16 AM
#7
That's a nice idea, but not the right way to do it. A better idea is to stick some posters in the streets or to hang a kind of banner in your house's walls.

you're right. It's better to hang a banner than write it on a banknote, It's illegal in my country. Stores won't accept a banknote if it has some ink on it or holes on it.
legendary
Activity: 2926
Merit: 1863
March 28, 2016, 11:07:20 AM
#6
...

Defacing paper currency is usually illegal in most countries.

Yet, I have seen "END THE FED" stamped on US money.

Not to mention telephone numbers and other small notations.

I see no harm in putting a public & private key on a US$20 or a €20.  Just don't get caught!
sr. member
Activity: 441
Merit: 250
March 28, 2016, 10:59:11 AM
#5
That's a nice idea, but not the right way to do it. A better idea is to stick some posters in the streets or to hang a kind of banner in your house's walls.
legendary
Activity: 1946
Merit: 1007
March 28, 2016, 10:48:19 AM
#4
People have been going around handing free bitcoin paper wallets for a while now. It is a nice idea to get people interested, but the way you are proposing has a risk attached to it.

Imagine receiving a banknote with 0.0005 btc written on it. People that don't know about bitcoin trade those banknotes around like it is fiat banknotes, without realizing the private key is on the same banknote. Also, they probably didn't check the public key to see if the bitcoins are still on that address.. They risk losing out this way.

Think of it this way: I could write down the private key, hand the note to someone else and immediately import the private key and send the coins to a different address.
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
March 28, 2016, 10:27:30 AM
#3
So the idea included giving away something like 0.0005 to a random people to spark their interest on btc, right? I thought it'll be better to give it away to someone you know that hadn't know bitcoin yet. And please no banknotes, I know thst in some countries it is illegal to writes and doodling on banknotes
copper member
Activity: 924
Merit: 1007
hee-ho.
March 28, 2016, 10:16:19 AM
#2
isn't that illegal is some countries? also that would create a legit reason for banks to go against bitcoin (IMO).
better not do that.
full member
Activity: 172
Merit: 100
March 28, 2016, 10:13:43 AM
#1
I was hanging out with some friends and one of them had a very strange idea: writing on 5€ banknotes the public and private keys of a bitcoin address with something like 0.0005 BTC on and the link to the official bitcoin website to make more people know about the Bitcoin.

In your opinion would it work?
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