They dont outsource printing for their private keys. Holograms yes, private key printing no. Huge difference. I'm not digging on you, again I like the idea behind it.
Of course you are absolutely right. Never mind my last posts! We will print the QR-Code+key and add it to the hologram label. Just a little mix up here
If you are accepting payment for these already how come we have not seen anything besides a single pig prototype? All I see are various rendered pictures and links to Casascius and Denarium promotional pictures.
I ask this because we know that those holograms work great on metals, but your piggybank does not seem to be made from a metal. I think you need to stress test the hell out of the security of these. What if you can use a heatgun and make the plastic of the piggybank heat up enough that the hologram just falls off? What if you can slice the piggybank a mere fraction deeper than the hologram and be able to make out the QR code/private key underneath? What if the plastic causes a reaction with the printer paper and it becomes unreadable after a year?
You've come to a forum where many members have coins worth $1000, $10,000, even $100,000 worth of bitcoin. Your idea isn't a bad one, but you need to have every single checkmark checked on your sheet before you can even throw yourself into the mix, especially here.
You may say well it is only $10 worth of bitcoin.. but no, bitcoin itself was once worth $10 each and look at it now. There is potential here but you have more work to do.
We started taking pre-orders to test demand. I'll accept cancellations no questions asked. We're still working on the label design and the adhesive (the supplier had the same concern as you), which is why there are still some sample/rendered pictures. It will all come together as time progresses, working on it
The idea is a good one.
Getting people to squirrel away a few bucks worth of BTC each week in a piggy bank format is cool.
Currently, the weak link is your execution. Get that right and I suspect you will have a vibrant market.
Embrace the security issues and explore how you can use these comments and ideas as source material to educate future piggy customers. This btw is key. As a provider it is your responsibility to educate your customers. Get it right and they'll be back for your next offering ....
There's a really cool opportunity here, don't blow it with cheap short cuts or lazy thinking
The audience may be critical, but they do love a good idea well executed and will pay for that too
Viz
Don't forget we're still in our alpha-stage, a lot of concept with only a little product. But we're getting there.
Rest assured that we won't sell anything with people being unsure about security aspects or anything else. The way I see it, if the skeptics here approve of it, we have a chance of winning over the masses. That's our goal
