Topic: Storing crypto on an implant? (Read 517 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.

radiation generated will be something dangerous if used continuously, medically I am sure the implant will also expire and must be replaced periodically even though the chip is covered by a membrane that does not affect the body's organs. I think more about privacy where developers or irresponsible parties will easily exploit personal activity tracking when the chip is manually activated by the user.

Honestly I don't think that crypto makes for a good implant per se. I mean, would there really be any value in crypto being implanted inside of someone?

if this will be possible in the future I will never use it also
i will use mobile phone or card instead that I can connect in some online wallet

It is really great invention if things can be implemented in to humans body, and it looking like a Hollywood scientific movies imagination, maybe it will be possible in future.

Much more safer than hardware wallets however it is bad for a body to take it. IMO I don't even think that diving to such idea is recommended. We could do some sort of thing to avoid stealing and losing it rather than doing an implant. Besides if it would be ever someone knew you had such thing inside your body and they knew that it cost a lot, they would even dare try to harm just to get it unlike having it physically and/or online.

I did watched some documentary about implants but the thing is is it safe for us? Imagine implant on our body? Still its made up of chip metallic or even plastic can maybe damage the internal parts of our body.

Seen this in some movies but of course that is fictional and probably the negative effect isn't talked about. But to be honest the idea is cool if this could somehow implement. No one can steal youre funds unless they cut you alive.

While others think of it as the future, I will not let myself have any implant even to store bitcoin, there's no sense and it can be too dangerous. For health and people might get interest on you when they know you have implanted bitcoin, though those who will do it maybe have tons of bitcoin.

I'm off for this if someday it will be implemented. But I think we'll definitely see it happen someday but the time would be unknown. Apart from the health risk, I'm also confuse if hackers will also create a way to easily scan those implants from us.

Like upon scan, they'll be able to get our information about our wallets and even the in depth and most crucial info that should be confidential.

I am very negative about any kind of implantation of foreign objects. I think that in the future people will implanting something similar into their bodies, but I do not see any positive aspects of this. it will be very easy to track you anytime and anywhere and you will be under the control of the government and the FBI. I'm not talking about how this will affect your body... most likely your health will constantly get worse

Like to imagine the future and it is very scary. Technology must grow rapidly every year to year, but if like that I think it is too excessive and risky and can damage the body because of the wave of the chip. Like smartphone, computers and such have radiation that can spoil especially in the body insert into our bodies.

it seems like something from a move or something unrealistic but i say it will be possible.
with how quickly technology is moving forward as well as medical advancements i would not rule it out for the future.

take a look at Star Trek from the 70's and 80's look at some of the technology that Captain Kirk and his crew used, similar technology can be seen in use today, anything is possible (kind of)

they used the first smartphones.....

if indeed such a system already existed, someone who already knew could commit a crime by taking the chip, this sounds terrible but it might happen, where everyone has used the implant, so they think that everyone saves their money on the implant.
but we also don't know yet about the security technology that will happen in the future, whatever it is we must stay alert.

a
True, and technology is here already. You can incorporate crypto and other sensitive data on an implant. I like what was depicted in the movie Elysium, something like that that it is connected to the brain which is so much secure.

As of now, you can just tweak technology and add code for crypto and that's it.

I'm pretty sure I've heard some person talk about it in the past on the news as well.

It's not a new concept. But I think it's an extremely dumb one given the fact that you could be putting your life at risk with people with ill intentions. Besides, we don't even know if this sort of thing will have long term security risks, both in the protection of the private keys that are stored in these implants and the potential health effects.

Hardware wallets are sufficient in security and I think this may be taking it too far.

No i don't think this is good idea, we already have smartphones to do all this, i wonder how you can send out a certain amount from the implant without needing to type the exact amount? I think you've watched too much robotic movies, moreover i am a Christian and i won't mark my body with any kind of sh** like that

Everything can be hacked/stolen. You know how credit cards get hacked with magnet readers? Same thing could happen to this implant type wallet. And some thugs can always whack you with a $5 wrench till you give them your coins, or they can even cut your finger or whatever bodypart to hack the wallet later. And this whole thing isn't even unique to crypto, traditional banking could also implement these chips, maybe even easier than crypto, since you don't have to deal with addresses.

And you already can store your wallet in your body, I'm talking about memorizing your seed - you can't conveniently pay with it, but you can always carry it with you and no one will know it.

Does anyone ever thought of making a project like this.
It might make millions of dollars in ICO.  
Yeah, it might be a good idea. Storing something inside your body. You will just have to be careful with infections since it is not really how your body was created, you are adding something in the system that might react someday.

Implants have expiration right? I have never checked it out yet. I think they change it at the right amount of time.
Security will be pretty well with that idea.

Tell me you didn't watch "In Time" of Justin Timberlake before posting this? 

One hell of a problem is money.
That would cost a lot in our time and maybe even after a decade.
It is a good idea though, you could avoid pick pockets but there is something worse that might happen.
Cutting your hands or worse is killing you just to steal the funds which is inside your implant.
I would not want that.
I would rather give my smartphone and let them think what the seed is. 

Yes its possible if the hacker get the privatekey of the wallet it became useless . You can find alternative like you can implant again another wallet or else you choose to use normal wallet so no hassle can be experience and no need to make an implant.

This sounds a weird idea. But very possible in the far future. If I were to store my crypto on an implant, it must be for long term HODLing and safekeeping only, and a secret most of all. I would not be paying using that. It might catch the attention of some bad people and I will be put in an unexpected risk. It is still a wallet after all. That might only result to a worse robbery because there will be injuries if ever the robbers would take that implant from you forcibly.

It might be convenient but what happens if someone hacks that implant?  Just wondering how effective it would be if someone could find a way to hack it and then it's useless but still in your body.

sounds a bit scary to me, I think it's not just security for the body or anything about ourselves but what about our assets if one day we die. how do you think about this?

Cool but don't let others know it because it would be much easier to steal than anywhere else and would also make your life a threat than carrying a private keys as the robbers would likely hurt you to a larger extent. I can't wait for the day our fingerprints and retinas works as a private keys, they are a natural identifier for the humans.

Yeah, it sounds cool but i would rather use some sort of device outside my body then risk someone stealing my private key by chopping my implant off and my hand with it.

This technology is now feasible and you do not need nanotechnology to do it, because in fact there are many people who implant electronic parts into the body for payment or control.

Good idea how ever how will you transfer money if its planted . the private key is only the one who planted in your body not the wallet right?  And for trabsfering money you still need to copy address or scan qr code and input the money you want to send.

Knowing that the field of nanotechnology has improved over the past years, I wonder whenever we'll be able to see crypto implants someday? Implants are available for private use, but it might soon become available for everyday people. Imagine storing your utmost sensitive crypto private keys on an implant. Putting this on your body might be painful at first, but then it'll be a blast using your bare hands for paying at retail stores with your crypto balance.

We need to take into consideration how safe this is for our own bodies over the long term. If the microchip implanted on your hand would cause an infection over time, I wouldn't want to use it even if it provides convenience when paying with crypto (as it eliminates the need to carry with mobile devices). I wonder if someone already came up with something like this? If so, how safe it is for anyone to use? An implant could very well be the ideal replacement for mobile devices, and even traditional storage mediums as they're capable of holding essential information inside a person's body anytime, anywhere. You would always carry your crypto with you, without fear of hacks or even theft.

What are your thoughts?