Topic: Storing crypto on an implant? (Read 505 times)

Good point. As long as you don't disclose that you have an implant with crypto funds on it, you'll be fine. After all, implants use nanotechnology which makes them invisible to the "naked eye". Manufacturers would need to implement tightening security mechanisms to protect unauthorized access to crypto funds from malicious actors. Once the implant detects it's on the right body, it could become accessible for mainstream crypto payments. Otherwise, the implant will cease to function rendering the perpetrator's efforts in vain. At least, the idea is there. But we're still far away from seeing this becoming a reality anytime soon, as people are mostly accustomed in using smartphones and other mobile devices for their daily needs.



I know right? I'm surprised that not even a single mainstream company has come up with something like this yet. Maybe it's because implants are still risky for a person's body? If perfected, you can expect large scale adoption of implants worldwide as they prove to be a better alternative than hardware wallets or even mobile devices for storing one's crypto funds. A lot of tests are needed to be performed, in order to ensure implants are safe enough for anyone to carry on their bodies every time. Because if there are health risks involved, I doubt anyone would want to use something like this in the first place.



Yes. There's no denying that. After all, there's nothing that's 100% secure. One way or another, vulnerabilities will exist resulting in risk of loss or theft. But I believe that implants may be much safer than hardware wallets or any other device because they're hidden inside your body. No one will really know you have crypto stored on an implant unless you disclose information about it. As it's said in the mainstream world, "keep it secret, keep it safe". We'll have to see what the outcome of a crypto implant will be in a person's body in the future. If there's enough demand for it, you can expect crypto implants to be the norm of digital payments within the mainstream world.

That will not happen. You will have to verify and confirm every transaction. An implant will only give you your private key access every time you confirm it in the terminal. This means that people will not be able to touch you with a scanner and take your money and you also will not be able to pay without manually confirming the transaction.

You can put the implant into your hand and use it for small everyday payments. But, I do not recommend to store here all of your bitcoins because you can loose everything by a technical mistake, for example wrong payment details and even though you pay (much higher price).

Sometimes implants also has issues like what happens with breast implants in longer run it will have an issue sometimes even infections.

Hiding private keys will be a matter when someone can access our funds with that implant chip, correct me if I am wrong.

Don't you worry about impact on your immune system, implants are sterile, they can't hurt you in that way! You are good to go!
I wouldn't do that even if someone gives me a million dollars, in dollars or bitcoins, it's the same. I can understand people who are sick, and they go to operations, they need some kind of implants so they can be normal in some way, but to do that just to hide your private keys from your wallet, that is the craziest thing that someone can do.
What can happen is that some crazy guy comes to your door and cut you entirely for that implant. Better take usb and go in the forest and dig a deep hole and put usb there, at least if someone force you to give them that usb nobody will have to cut you.

Foreign solid bodies into our bodies will always have an impact on our immune system because our cells never accept such foreign bodies but science has grown a lot so there may be a way to insert it now or in future but if it's possible then surely it gives convenience forget about pain when we have anesthesia.

But the security of our funds will be in question, someone can kill us and take that chip to access our funds.

I completely agree with this. There might be many more sophisticated ways of storing your cryptocurrencies securely in the future, but the best way of ensuring that your coins are as safe as possible is splitting your funds up into multiple wallets and storing them in different places, so you don't just lose everything. Almost every way of storing crypto at the moment has some sort of exploitable vulnerability, so why not plan for that?

Besides this, though, implants would be an interesting way of storing part of your funds, but I certainly would not be one of the first to try if I got the chance purely due to potential health risks. 

That makes sense it's too risky to do that, once they know where you put your private key you will be the target and not your device, I would not even think of doing such thing, all you need to do is to be well organized and find the best device to put your private key or better do not store all your coins in one wallet, it's always a sound advice.

Technology can indeed change everything, and the goal is none other than making it easier for humans to do things. The idea is indeed very brilliant, carrying a wallet everywhere easily and not afraid of loss or trouble. In the future this will definitely happen and all humans will use the chip, but I think it is still far away and what needs to be developed now is the crypto market. We need to build one's trust and regulation first, so that mainstream adoption occurs. For the side effects of infections or not on the body, maybe medical science can handle it all.

This is true, you might be taking it too far with your implant aspirations. Imagine the costs that it would charge you and everyone who takes advantage of it. Furthermore, health complications for when your body rejects foreign bodies is also something you should consider. And lastly, you still would not be safe from hackers since most probably the implant that you have will still use private keys to open your wallet up which When hackers use, can still be susceptible to theft.

Not a good idea, I can't imagine the criminal what will do to my body if he knows about the stored private keys on the implant. The criminals can detect the stored info with the help of technology and they can use the advantage of PK for spending the crypto.

Is this implant for convinence or security? How about the copy of keys? Where is it going to be stored? I guess you'll need to have a copy somewhere just incase something happens to the body. 
Well, I'd rather store mine on my body though. I could imprint it on my body in cryptic form or even on artificial tooth/teeth.

Reminds me of the bitcad project which is related to bio.  https://bitcointalksearch.org/topic/ann-bcd-bitcad-encrypted-smart-platform-1865997
The project seem to be scam but the website still is up even today.

Implant would be a good option if you have a kid that you think might not survive the future by himself like if he is mentally ill or probably crippled and you as a father will give him a better chance besides educating him today. Having a cryptowallet implanted in his thumb or somewhere else is an assurance of better life.

Look's amazing but I'm sure our body can't use for that purposes. Saving private data is important but using technology is better than implant. There's safe deposit box, external hardware or just in notepad. Technology always grow up but please use wise mindset to use it. Take the simple way, not wasting money but has guarantee for not be stolen. Implant is more important in health, so let's replace in there and support it by giving our donation for the progress to help people in healthy problems.

It is possible actually. I've seen quite few movies already doing some kind of transaction within their own hands only. It's like the hand is your credit/debit card that you would just scan through the card scanner.
However that might take a long time still.

if we talk about bitcoins, then this does not make any sense at all, because first of all, bitcoin is anonymity, but what kind of anonymity can we talk about if everyone knows which wallet is in your body. It will be very easy to understand who is the owner of the cryptocurrency and how much money on your account. it can be very unsafe.

The more sophisticated the technology, the higher the risk. If indeed this is the best solution why not? I would not reject this sophisticated technology if it really happened. Because this is a genius idea that almost never crossed. So I always pray for all the good things. And every risk will also have a cure.

Implants could be a hassle but we may soon turn our fingerprints into digital signature and they can turn into private keys or password for your wallet. Thumbprints are natural implants and no one could be sure of your coins as everyone have the prints and you don't have to let it know to anyone while implant of other things would need a surgery or some procedure where the helping person knows about your implant and where it lies.

That could happen in the future if technology is growing fast. We might see what we watch in the movie will come true with better technology. It is possible to see in one day, and the safest wallet is on our body with a chip inside. We can pay something by showing a barcode in our hands because there is money inside our body, which we can use to buy something. Maybe that dream will come true someday.

It is true this idea has some good aspects but i think it has some bad ones as well like the infections you talked about or you can get robbed and if it is in your body your life would be threatened.