Bitcoin implants? - page 4. | Bitcointalksearch.org

oktana

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Quote from: Abiky on May 10, 2017, 10:37:12 AM

Quote from: Xester on May 04, 2017, 09:46:15 AM

That is the worst case scenario and it will happen if chip implantation will be implanted. I dont want to imagine a chip implanted on my hand and a robber will not only steal my chip but he will cut my hand off. Much worse if the chip is placed on our heads then we can say that our heads will be rolling when the bad guys comes to steal it. For me we dont need chips and web wallets as well as app wallets are the best way to store bitcoins.

Yes. Having an implant is too risky, especially with an asset or currency like Bitcoin which is highly valuable. It would be a huge target for theft, exposing the risk of death. Also, it may break anonymity when using it, which goes against Bitcoin's value proposition.

I was only talking about implants for Bitcoin at first, as a possibility to become a reality, but I guess that the health and security risks prevail, making such concept not practical for real world usage.

However, as technology advances we might not see implants, but rather something that would be even better, with security and health over its users in mind. In the meantime, we could focus on using hardware and/or software wallets, as they provide all the necessary functionality to send and receive Bitcoin. Just my opinion.

We should also think of good idea with constructive criticism, not all robbers will know if we wear implants or not because this is still privacy, If we talk 100 years ahead of course the use of implants will be in accordance with era development where radiation and global security system is adapted to adapt the implant. Developers will also think about anticipation if implants are used unreasonably from robbers (hand pieces etc), then their chip will switch off by itself using gps system. I think using bitcoin implants also requires keywords to perform all transaction.

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Quote from: Xester on May 04, 2017, 09:46:15 AM

That is the worst case scenario and it will happen if chip implantation will be implanted. I dont want to imagine a chip implanted on my hand and a robber will not only steal my chip but he will cut my hand off. Much worse if the chip is placed on our heads then we can say that our heads will be rolling when the bad guys comes to steal it. For me we dont need chips and web wallets as well as app wallets are the best way to store bitcoins.

Yes. Having an implant is too risky, especially with an asset or currency like Bitcoin which is highly valuable. It would be a huge target for theft, exposing the risk of death. Also, it may break anonymity when using it, which goes against Bitcoin's value proposition.

I was only talking about implants for Bitcoin at first, as a possibility to become a reality, but I guess that the health and security risks prevail, making such concept not practical for real world usage.

However, as technology advances we might not see implants, but rather something that would be even better, with security and health over its users in mind. In the meantime, we could focus on using hardware and/or software wallets, as they provide all the necessary functionality to send and receive Bitcoin. Just my opinion.

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Quote from: theunbeatable on April 26, 2017, 05:29:10 PM

Well one of the best way to carry something is having it on your own body and making something a part of it. As we can see in the future in movies, people access certain doors and securities by using their hand and having some chip on it. Of course it's good but I think it will be more prone to bad people. They will cut your hand if necessary in order to steal.

I've heard some news about making DNA as a storage device which I think more reliable than implants. The bitcoins are in your cell not worrying about a wierd chip in your body. Well it's still all speculations and we won't know what happen for sure in the future. We still have a long way to go. Stay tuned.

That is the worst case scenario and it will happen if chip implantation will be implanted. I dont want to imagine a chip implanted on my hand and a robber will not only steal my chip but he will cut my hand off. Much worse if the chip is placed on our heads then we can say that our heads will be rolling when the bad guys comes to steal it. For me we dont need chips and web wallets as well as app wallets are the best way to store bitcoins.

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Quote from: Decoded on April 27, 2017, 02:22:03 AM

What's the point in an implant? Some sort of key embeded into your body can be extracted, or even brushed against to be indecure. What should be done is some sort of encryption of private keys through biological data, maybe a fingerprint or the like. If someone breaches the implant or knows your private key, you will need to extract it. Just a waste

You can always change your implant or your personal key for the implant but godspeed doing that with your fingerprints.
Also your fingerprints can get damaged, you can always have a new implant.

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Quote from: Youresioure on April 29, 2017, 04:03:40 PM

This isn't a new thread. For now, I hope you know this technology's operating in practice, in a few countries.

What would happen if someone hacked your implant? Or would get to know your private keys somehow?

Sounds pain to me... ))

Yeah. Those are the major concerns among everyday people, as having an implant would put their life at risk. No matter if there are health or security issues, they need to be of utmost concern before making implants a practical method for making transactions in the mainstream world.

For now, we would be doing fine with current wallet methods, but I believe that as society and technology advances, we might be able to see implants in our body in the future, when it becomes mature enough towards mainstream use. In some way, manufacturers would devise new security mechanisms, to ensure the safety of using implants on everyday people.

As I've stated before, it might not be Bitcoin, but instead a digital currency issued by governments themselves with their own implants and a full-fledged blockchain system. Just sharing my thoughts. Grin

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This isn't a new thread. For now, I hope you know this technology's operating in practice, in a few countries.

What would happen if someone hacked your implant? Or would get to know your private keys somehow?

Sounds pain to me... ))

Abiky

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Quote from: magneto on April 27, 2017, 02:44:51 AM

The fingerprint a great idea.

However, this will lead to people 'robbing' others of their fingerprints. Honestly, it's not a good idea to keep anything directly on you. The best method is just put it elsewhere so someone doesn't get tempted to rob you.

It's already very easy to carry around a trezor wallet which is secure enough. There is no need for anything else.

Yes. Everything about implants is wonderful, but the issues of health and security are of utmost concern, rendering its ability to become practical in the future.

I would become surprised if such implant with extreme security becomes designed for the government's own desires, eventually leading to complete control over your finances, personal info, and more. Technology is constantly evolving each day, making proposed solutions become a reality sooner than we've ever imagined.

But other than that, I think that we're doing great with the hardware wallets. Just my thoughts. Grin

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Quote from: Decoded on April 27, 2017, 02:22:03 AM

What's the point in an implant? Some sort of key embeded into your body can be extracted, or even brushed against to be indecure. What should be done is some sort of encryption of private keys through biological data, maybe a fingerprint or the like. If someone breaches the implant or knows your private key, you will need to extract it. Just a waste

The fingerprint a great idea.

However, this will lead to people 'robbing' others of their fingerprints. Honestly, it's not a good idea to keep anything directly on you. The best method is just put it elsewhere so someone doesn't get tempted to rob you.

It's already very easy to carry around a trezor wallet which is secure enough. There is no need for anything else.

Decoded

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What's the point in an implant? Some sort of key embeded into your body can be extracted, or even brushed against to be indecure. What should be done is some sort of encryption of private keys through biological data, maybe a fingerprint or the like. If someone breaches the implant or knows your private key, you will need to extract it. Just a waste

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Quote from: andrew24p on April 03, 2017, 12:25:30 PM

Not sure if I want to incentivize someone cutting off my hand or digging in it with a knife to get to my wallet.

i don't see the rational behind bitcoin implants. first and foremost, whats the importance and use of these implants? can you enumerate?

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Quote from: theunbeatable on April 26, 2017, 05:29:10 PM

Well one of the best way to carry something is having it on your own body and making something a part of it. As we can see in the future in movies, people access certain doors and securities by using their hand and having some chip on it. Of course it's good but I think it will be more prone to bad people. They will cut your hand if necessary in order to steal.

I've heard some news about making DNA as a storage device which I think more reliable than implants. The bitcoins are in your cell not worrying about a wierd chip in your body. Well it's still all speculations and we won't know what happen for sure in the future. We still have a long way to go. Stay tuned.

Many people think of radiation, or criminals who cut off the hands of implant chips holders, but I think it's just like our wallet happens to be stolen by bad guys, crime is inevitable, but with chips and dna, monitored with gps system, The only reason I'm against this is our privacy will be lost entirely because our existence will be very easily found by certain parties because of the gps system contained in it.

theunbeatable

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I could either watch it happen or be a part of it

Well one of the best way to carry something is having it on your own body and making something a part of it. As we can see in the future in movies, people access certain doors and securities by using their hand and having some chip on it. Of course it's good but I think it will be more prone to bad people. They will cut your hand if necessary in order to steal.

I've heard some news about making DNA as a storage device which I think more reliable than implants. The bitcoins are in your cell not worrying about a wierd chip in your body. Well it's still all speculations and we won't know what happen for sure in the future. We still have a long way to go. Stay tuned.

Abiky

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Quote from: doomistake on April 20, 2017, 06:32:12 PM

Yeah right, it's pretty much risky for us, it is bitcoin, and we all know that is it too valuable if we are going to compare it to fiat, and implanting it on our arm is such a suicide, especially if we are on a not that secure places. I would rather to use online wallets than this implants which I am not what defects that I am going to get on this, that is why it would be better if we are just going to stay on the safe side.

Right. An implant for Bitcoin wouldn't be viable these days, especially with the digital currency's value increasing each day. Thus, the more valuable Bitcoin becomes, the more it will be targeted by thieves and hackers.

Having an implant on your body with a large amount of Bitcoin would be extremely risky, as your life would be threatened by criminals, to steal your money and perhaps kill you in the process.

In the future, we might be able to see implants not for Bitcoin, but instead for a digital currency which is issued by governments. Since security and stability would be the top priority, it will make it extremely difficult for any hacker or thief to get away with your money. Just my opinion.

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Quote from: darklus123 on April 19, 2017, 04:53:25 PM

Quote from: loposki on March 17, 2017, 03:35:40 PM

You want to lose your arm? Because that's how you lose your arm.

Imagine you're in a sketchy neighborhood and people know you're carrying a huge amount in your palm.

Its good for ease of transaction, but a big NO for security

A plus would be it is not good for our health as well imagine yourself wearing an metal implants or plastic or whatsoever. We can solve the ease of transactions without risking our health and implants are not the solution

Yeah right, it's pretty much risky for us, it is bitcoin, and we all know that is it too valuable if we are going to compare it to fiat, and implanting it on our arm is such a suicide, especially if we are on a not that secure places. I would rather to use online wallets than this implants which I am not what defects that I am going to get on this, that is why it would be better if we are just going to stay on the safe side.

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Quote from: darklus123 on April 19, 2017, 04:53:25 PM

Quote from: loposki on March 17, 2017, 03:35:40 PM

You want to lose your arm? Because that's how you lose your arm.

Imagine you're in a sketchy neighborhood and people know you're carrying a huge amount in your palm.

Its good for ease of transaction, but a big NO for security

A plus would be it is not good for our health as well imagine yourself wearing an metal implants or plastic or whatsoever. We can solve the ease of transactions without risking our health and implants are not the solution

Yeah it all sounds good in theory but I would much rather have the wallet on me so if it came to be being killed or giving up the wallet, it wouldn't take them cutting into my arm to be able to get it out and I'd just be able to depart unharmed from everything. Seems rather dangerous as people would just be attacking people for the chance of them having this.

Could do well, but I think this in itself would do more harm than good. Also, why's it so hard to just go onto your phone / Computer and use your wallet from there -- do we really need these implants?

darklus123

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Quote from: loposki on March 17, 2017, 03:35:40 PM

You want to lose your arm? Because that's how you lose your arm.

Imagine you're in a sketchy neighborhood and people know you're carrying a huge amount in your palm.

Its good for ease of transaction, but a big NO for security

A plus would be it is not good for our health as well imagine yourself wearing an metal implants or plastic or whatsoever. We can solve the ease of transactions without risking our health and implants are not the solution

Abiky

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Quote from: cotton ball on April 14, 2017, 05:22:23 PM

Most people who think of the future concept of technology is to make people even don't wear anything !. All becomes simple when implanted in the body, so we don't need to use android or another computer, this technology is full of pros and cons but I still support, bitcoin civilization must step forward compared with conventional concepts.

Yeah. Even if implants are not the most viable method to use these days, it may be at some point in the future. As we advance in technology and innovation, new and efficient ways to make our life easier would become implemented.

Maybe, the implants used in the future would not be used for Bitcoin itself, but instead it would be used for digital fiat currencies as governments switch to blockchain technology. This would rely on already established public blockchains like Ethereum or on a separated private blockchain operated by governments themselves.

The possibilities are endless, but only the technology that becomes widely accepted by individuals, will become a success in the future. Just my opinion.

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Quote from: PeRo on April 14, 2017, 05:05:31 PM

I do not like implants, but paying something by just putting my hand over a sensor would be great, but I still think it is easier to control when you have a mobile wallet or something, you can still bring it anywhere and it is also easy to use.

Most people who think of the future concept of technology is to make people even don't wear anything !. All becomes simple when implanted in the body, so we don't need to use android or another computer, this technology is full of pros and cons but I still support, bitcoin civilization must step forward compared with conventional concepts.

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I do not like implants, but paying something by just putting my hand over a sensor would be great, but I still think it is easier to control when you have a mobile wallet or something, you can still bring it anywhere and it is also easy to use.

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