Bitcoin implants? - page 11. | Bitcointalksearch.org

franky1

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Quote from: U2 on December 21, 2016, 09:17:26 PM

You can literally already do this exact thing with a NFC tag. Just cut open your arm and slap it in. Done. Oh maybe don't forget to sanitize the area before/ after or whatever. I'm not a doctor so idk the procedure!

downside of just an NFC chip is that it transmits one message at a time. so something in your arm without any 'processing' ability will end up just transmitting a private key. allowing any receiver to be the signer.

a better concept is either wait for microchips to have the power to see an unspent, sign a tx and send out only the signed tx, to be implanted. or make a device that can do it .. like a wristband.. that doesnt need to be USB cabled to a PC and doesnt need browser plug-ins/desktop clients to manage the receiving/sending.

that way the private key is always protected and also you dont need a pc for your own use to send a tx.
also you dont need something implanted by your doctor.

however.
i dont see an implant right now being a payment mechanism itself.. i do see an implant in the wrist can be locked to a password so that your wristband only functions when you are the one wearing it.

U2

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I used to be indecisive, but now I'm not sure...

You can literally already do this exact thing with a NFC tag. Just cut open your arm and slap it in. Done. Oh maybe don't forget to sanitize the area before/ after or whatever. I'm not a doctor so idk the procedure!

franky1

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angaper

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Actually putting chips or implants already sound like something archaic. Due to the great advances in quantic computing it will not be long before we do many things with the simple power of thought.

QuestionAuthority

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Quote from: Kakmakr on December 21, 2016, 05:43:30 AM

Quote from: ?? on ??

Quote from: Kakmakr on December 21, 2016, 03:12:00 AM

Why do you need to put a stupid chip into your arm to do that, if you can simply insert it into a piece of jewelry or better yet, just use tap-and-go credit cards. The people doing this, just wants to be controversial and are desperate for attention. It reminds me about the story of the NASA spending millions on developing a pen that would write in zero-gravity. The Russians spent nothing on this, and simply used a pencil. Grin

Do not try to re-invent the wheel, we use 100's of other methods and it is just as convenient and safe as a chip in the arm. < overkill >

You know that pen thing is a myth right? Neither would use pencil due to graphite getting in the air, Bic created a pen for them for free, the Russians used it as well.

I do agree with you, a wristband would be much simpler.

You did pick up, that I used the word, "story" Right? The real facts are even more redicilous, " Originally, NASA astronauts, like the Soviet cosmonauts, used pencils, according to NASA historians. In fact, NASA ordered 34 mechanical pencils from Houston's Tycam Engineering Manufacturing, Inc., in 1965. They paid $4,382.50 or $128.89 per pencil. When these prices became public, there was an outcry and NASA scrambled to find something cheaper for the astronauts to use."

Source : https://www.scientificamerican.com/article/fact-or-fiction-nasa-spen/

The point I am trying to make, still stands : Implanting a foreign substance into your body to pay for goods and services are just stupid, and a over engineered idea that are easily solved by
much less radical payment options. I still think these people are just doing it, because it is regarded by many as a Taboo. < Religious or Social >

I kind of like the idea. Think of how easy it would be going to a pool bar and not having to take your wallet with you or walking to the beach and not having to worry about your wallet on the beach while you play in the water. I lost a wallet at the beach once. I used to walk to North Beach in SF and afterwards would go to the beach chalet brewery across the street to have a few beers. I was way out in the water one time and looked back to see some guy stealing all my stuff. Canceling all your cards is a bitch. An implant would have solved that problem.

Abiky

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Quote from: Wandering Soul~ on December 20, 2016, 01:36:04 PM

This idea is fitted at malls, replacing the cards, having a microchip in your hand will be convinient cause you don't have to carry your cards. The main problem here is not about your private key but the fact that why would someone have to implant a chip in his hand for that purpose, Carrying a card or two is not really a problem. The project is nice but I don't see any advantages of this that is worth it enough for people to have their hand implanted with a chip. Problem number two is its health risks. If there is, then it will not be worth

Exactly. The convenience of not having to carry credit cards, or even cash, makes it a great way to help spread the adoption of cryptocurrencies via implants, since they can fit in almost any place no matter how small, in contrast to cash or credit cards. Plus, you can program it with even more features not only for money, but for storage of personal data too that would prove to become useful for healthcare, and more.

However, if security is not taken into consideration, then it would be useless (not to mention the health risks, which is the most important thing to consider.) Nevertheless, can you imagine of a global government that would require each of its citizens to use the implant? It may not use Bitcoin, by their own digital currency instead (like perhaps fiat USD or EUR). Just sharing my thoughts. Grin

Kakmakr

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Quote from: ?? on ??

Quote from: Kakmakr on December 21, 2016, 03:12:00 AM

Why do you need to put a stupid chip into your arm to do that, if you can simply insert it into a piece of jewelry or better yet, just use tap-and-go credit cards. The people doing this, just wants to be controversial and are desperate for attention. It reminds me about the story of the NASA spending millions on developing a pen that would write in zero-gravity. The Russians spent nothing on this, and simply used a pencil. Grin

Do not try to re-invent the wheel, we use 100's of other methods and it is just as convenient and safe as a chip in the arm. < overkill >

You know that pen thing is a myth right? Neither would use pencil due to graphite getting in the air, Bic created a pen for them for free, the Russians used it as well.

I do agree with you, a wristband would be much simpler.

You did pick up, that I used the word, "story" Right? The real facts are even more redicilous, " Originally, NASA astronauts, like the Soviet cosmonauts, used pencils, according to NASA historians. In fact, NASA ordered 34 mechanical pencils from Houston's Tycam Engineering Manufacturing, Inc., in 1965. They paid $4,382.50 or $128.89 per pencil. When these prices became public, there was an outcry and NASA scrambled to find something cheaper for the astronauts to use."

Source : https://www.scientificamerican.com/article/fact-or-fiction-nasa-spen/

The point I am trying to make, still stands : Implanting a foreign substance into your body to pay for goods and services are just stupid, and a over engineered idea that are easily solved by
much less radical payment options. I still think these people are just doing it, because it is regarded by many as a Taboo. < Religious or Social >

Pursuer

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Quote from: Abiky on December 20, 2016, 01:00:11 PM

I'm not sure if this has ever been implemented yet, but can you imagine a way of paying with Bitcoin by just using your own body?

It would be more of like a microchip implanted into your left or right hand that would contain both your public and private keys to send and receive Bitcoins.

So in case you want to send or receive some BTC, you would just pass your hand over at a scanner and it would perform the desired operation. This is would make it a very convenient and easy way to transact, and carry your Bitcoins with you anytime, anywhere. However, the only thing to be considered would be the security of your private key from within your implant, to protect your funds from theft.

Nevertheless, I want to know your opinion about this, since it would be pretty cool to have such a system to help spread mass adoption of the cryptocurrency.

I have always found this technology so interesting and also at the same time a little bit frightening to be honest. you are inserting a microchip inside your body, well granted it is only under your skin but still I feel so uncomfortable only thinking about it.

but I guess it is the future, and I would certainly love to see bitcoin become that popular that it starts in these new areas of technology too.

Jet Cash

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I'm such a Luddite - I think it is foolish to carry contactless cards, let alone use them. I sent all mine back and use standard cards.

Why risk somebody stealing your Bitcoin when you shake hands with a thief if you used this implant idea?

royalfestus

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Most of the invention in technology are made to improve life but most times come with another problem. The bitcoin NFC(Near field communication) implant is not new( more than 2years) but just an upgrade to the previous implants. The implant function also with credit cards information, key card data,bitcoin keys etc. It was demonstrated early in the year by a prof in Ukraine, it was describe to be absurd, like 'do we really need it?'. Body filled gadget are not as convenient to some people's mind. The chip might be cheap but expensive to implant. In the foreseeable future there might be health implications. Technology is improving at the good and bad side of life. If the bad side of technology gets better than the good, there will be a loss, which make it vulnerable to be hacked.

Harlot

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I don't but this kind of technology might give criminals an idea. Making your body a wallet for Bitcoin can be dangerous. Because bad people will just cut/severe your body part in order to obtain all your Bitcoins. Also not only that they can also kidnap you and do the same result, stealing all your Bitcoin. I am contented with what is holding my Bitcoin now.

400actforsale

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BTC will drop

No, at least for me... The price needed for the surgery for the implant is high, and if the bitcoin wallet is implanted and someone have hacked your wallet by some ways then your wallet will become useless and you'll have to change your wallet (with lots of pain) or keep that useless wallet in your hand...

Also if one day no one use Bitcoin and they become worthless (other than being a part of the Internet history), the wallet in your hand will also become useless and you'll have to carry that piece of circuit in your hand for life...

I'll not implant any other thing (including tattoos) into/onto any part of my body unless it is a life-saving medical machine. But this will not happen for me in the near future - I'm still young and being healthy now.

merchantofzeny

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This would scare the fart out off some religious nuts. You know, the Mark of the Beast and stuff...

Anyway, having your btc in a chip implanted into your hand would not guarantee that it won't get stolen. They for example, can just tear it of your flesh, etc.

Kakmakr

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Why do you need to put a stupid chip into your arm to do that, if you can simply insert it into a piece of jewelry or better yet, just use tap-and-go credit cards. The people doing this, just wants to be controversial and are desperate for attention. It reminds me about the story of the NASA spending millions on developing a pen that would write in zero-gravity. The Russians spent nothing on this, and simply used a pencil. Grin

Do not try to re-invent the wheel, we use 100's of other methods and it is just as convenient and safe as a chip in the arm. < overkill >

davis196

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Quote from: Abiky on December 20, 2016, 01:00:11 PM

I'm not sure if this has ever been implemented yet, but can you imagine a way of paying with Bitcoin by just using your own body?

It would be more of like a microchip implanted into your left or right hand that would contain both your public and private keys to send and receive Bitcoins.

So in case you want to send or receive some BTC, you would just pass your hand over at a scanner and it would perform the desired operation. This is would make it a very convenient and easy way to transact, and carry your Bitcoins with you anytime, anywhere. However, the only thing to be considered would be the security of your private key from within your implant, to protect your funds from theft.

Nevertheless, I want to know your opinion about this, since it would be pretty cool to have such a system to help spread mass adoption of the cryptocurrency.

And the criminals will cut your hand to steal the microchip. Grin

Just kidding.

This idea is too futuristic and it`s pointless to implement this nowadays.

Mr. Big

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While reading the OP, I remember the movie "In time" starring Justin Timberlake, where everything around them is run by that time that are in their wrist, every transaction they have have to be paid with time that are saved in them, the more you have it, the more you are going to live like an immortal.... BTT, I think it's a good idea, like having a metal bracelet and your bitcoin wallet is in there, or it is tattooed in your hands...

jacktheking

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Brainwallet is something similar but it does not actually "implants" into human body. Instead, we memorize the passphrase in our brain and then use it.

The idea of Bitcoin implants is actually good and I see a bright future with it as technology continue to grows to provide more innovation and security.

Quote from: QuestionAuthority on December 20, 2016, 01:03:29 PM

Been there, done that.

http://motherboard.vice.com/read/this-guy-implanted-his-bitcoin-wallet-and-made-a-payment-with-his-hand

Interesting article. Thanks for sharing the article. When I first read the topic, I thought to myself that this can happen but not with today's technology.

Quote from: thejaytiesto on December 20, 2016, 01:10:35 PM

Yeah, I remember reading about that article about some guy that already did the first payment with his hand or something like that, throught a chip that read a QR code or something. The thing is, it's pretty stupid thing to do in my book. In the future once bitcoin is 1 mansion per coin, you are asking for some robber to your hand and use it to go shopping..

If one Bitcoin is equal to 1 mansion worth. Then ... who would store 1 mansion worth of Bitcoin in their bio-wallet. I don't think any average person will store 1 mansion worth of Bitcoin inside a wallet that is located within the same system - be it software, hardware, offline or even paper wallet.

butcherboss

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This seems like an interesting idea and this is actually possible to do with our current technology but won't be happening anytime soon I guess since there are a lot of problems associated with it.

deadsilent

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Quote from: Dmitry.Vastov on December 20, 2016, 11:46:54 PM

Quote from: Abiky on December 20, 2016, 01:00:11 PM

I'm not sure if this has ever been implemented yet, but can you imagine a way of paying with Bitcoin by just using your own body?

It would be more of like a microchip implanted into your left or right hand that would contain both your public and private keys to send and receive Bitcoins.

So in case you want to send or receive some BTC, you would just pass your hand over at a scanner and it would perform the desired operation. This is would make it a very convenient and easy way to transact, and carry your Bitcoins with you anytime, anywhere. However, the only thing to be considered would be the security of your private key from within your implant, to protect your funds from theft.

Nevertheless, I want to know your opinion about this, since it would be pretty cool to have such a system to help spread mass adoption of the cryptocurrency.

Lol. I think that idea is from the movie i watched before. If im not mistaken. Its from Justin Timberlake movie. I just dont know what the title of that movie. The difference of this idea is its time not bitcoin. Does anyone here watched this movie?
Thats a good idea tho. It will be a lot easier to transfer funds. But not wise enough. What if the person you are going to tranfer funds has a infectious desease?

That movie where time is currency? That was a decent movie but I think this whole idea is much older than just that movie. Still I again think that mixing money and implants seems like a very bad idea.

No. Time is their life. You should watch that movie . its really a good movie to watch. http://m.imdb.com/title/tt1637688/
Theres no aging. Only time is their life. They were also able to transfer that time to extends ones life.
The title of that movie is "In time". Starring Justin Timberlake and Amanda Seyfried.

Dmitry.Vastov

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Quote from: Abiky on December 20, 2016, 01:00:11 PM

I'm not sure if this has ever been implemented yet, but can you imagine a way of paying with Bitcoin by just using your own body?

It would be more of like a microchip implanted into your left or right hand that would contain both your public and private keys to send and receive Bitcoins.

So in case you want to send or receive some BTC, you would just pass your hand over at a scanner and it would perform the desired operation. This is would make it a very convenient and easy way to transact, and carry your Bitcoins with you anytime, anywhere. However, the only thing to be considered would be the security of your private key from within your implant, to protect your funds from theft.

Nevertheless, I want to know your opinion about this, since it would be pretty cool to have such a system to help spread mass adoption of the cryptocurrency.

Lol. I think that idea is from the movie i watched before. If im not mistaken. Its from Justin Timberlake movie. I just dont know what the title of that movie. The difference of this idea is its time not bitcoin. Does anyone here watched this movie?
Thats a good idea tho. It will be a lot easier to transfer funds. But not wise enough. What if the person you are going to tranfer funds has a infectious desease?

Topic: Bitcoin implants? - page 11. (Read 11395 times)