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Entrepreneur Injects Bitcoin Wallets Into Hands

wiredmikey writes A Dutch entrepreneur has had two microchips containing Bitcoin injected into his hands to help him make contactless payments. The chips, enclosed in a 2mm by 12mm capsule of "biocompatible" glass, were injected using a special syringe and can communicate with devices such as Android smartphones or tablets via NFC. "What's stored on the microchips should be seen as a savings account rather than a current account," Martijn Wismeijer, co-founder of MrBitcoin said. "The payment device remains the smartphone, but you transfer funds from the chips." The chips are available on the Internet, sold with a syringe for $99, but Wismeijer suggested individuals should find a specialist to handle the injection to avoid infections.

77 comments

  1. 3 months later by Anonymous Coward · · Score: 1

    Entrepreneur's Private Key Stolen

  2. Why? by Fwipp · · Score: 4, Insightful

    Why?

    1. Re:Why? by itzly · · Score: 2

      15 minutes of fame.

    2. Re:Why? by davester666 · · Score: 3, Funny

      next up, some guy injects it into his dick, then announces his dick will pay you.

      --
      Sleep your way to a whiter smile...date a dentist!
    3. Re:Why? by Anonymous Coward · · Score: 0

      stupidly funny, because that's probably going to happen.

    4. Re:Why? by gargleblast · · Score: 1

      next up, some guy injects it into his dick, then announces his dick will pay you.

      On that topic: Bitcoin isn't the only thing this guy has injected into his hands.

    5. Re:Why? by Anonymous Coward · · Score: 0

      I like the idea that handshakes to conclude all commercial agreements must be sealed with momentary penetration.

      In civil court, anyone trying to prove validity of a contract must show that they either penetrated or were penetrated at some point by the other party. Perhaps some sort of chip-and-PIN chip + reader attached to the genitalia, but without the need for PIN because baby we're way beyond asking for each other's number.

    6. Re:Why? by Anonymous Coward · · Score: 0

      Corrected: Ejected into his hands.

    7. Re:Why? by kiphat · · Score: 1

      Totally fucking unnecessary, you sick bastard!

    8. Re:Why? by Anonymous Coward · · Score: 0

      The BEAST!!!!

      just get these on your forehead and right hand... what bad can happen?

    9. Re:Why? by antdude · · Score: 1

      Why ask why?

      --
      Ant(Dude) @ Quality Foraged Links (AQFL.net) & The Ant Farm (antfarm.ma.cx / antfarm.home.dhs.org).
    10. Re: Why? by Anonymous Coward · · Score: 0

      Be afraid... Be very afraid...

    11. Re:Why? by Optali · · Score: 1

      Mates... can somebody please explain this to me: The article is about bitcoins, chips and hands... how in hell's name did it end up in a discussion about manly bodily fluids and ways of producing them ?

      This world is a sick place, mates, sick as fuck.

      --
      -- 29A the number of the Beast
    12. Re:Why? by Optali · · Score: 1

      Very handy for the sex workers! And hygienic too!
      They could call it "PAYF" (Pay-as-you-fuck)

      I see a great future to this invention

      --
      -- 29A the number of the Beast
    13. Re: Why? by Anonymous Coward · · Score: 0

      Because you are reading a free Internet forum and that's the nature of forum denizens. Teenage boys.

  3. suggested individuals should find a specialist. by Anonymous Coward · · Score: 2, Interesting

    Why was my first thought, of a psychologist...

  4. What crypto? by Anonymous Coward · · Score: 1

    Here is how I would want this to work if I was using this system (I bet it's not implemented this way): I'd put the bitcoins in a address that requires 3 keys to spend it. One would be owned by my phone, so I could use its nice display to view and check the transaction value before approving (Key would be stored encrypted and I'd have to provide a password to decrypt it). The silly injected device would sign any request from my phone (with would authenticate with it) to prevent theft of my phone from accomplishing very much (seems redundant really), and the third party would by my home server (likely as a Tor hidden service since that gets you a free publicly routable address). The server would sanity check things, watch for block chain forks, and simply delay or deny any suspect large transactions. Spare keys can be stored offline.

    1. Re:What crypto? by Anonymous Coward · · Score: 1

      Here is how I would want this to work if I was using this system (I bet it's not implemented this way): I'd put the bitcoins in a address that requires 3 keys to spend it. One would be owned by my phone, so I could use its nice display to view and check the transaction value before approving (Key would be stored encrypted and I'd have to provide a password to decrypt it). The silly injected device would sign any request from my phone (with would authenticate with it) to prevent theft of my phone from accomplishing very much (seems redundant really), and the third party would by my home server (likely as a Tor hidden service since that gets you a free publicly routable address). The server would sanity check things, watch for block chain forks, and simply delay or deny any suspect large transactions. Spare keys can be stored offline.

      Or you could, well, use real money instead.

    2. Re:What crypto? by r.freeman · · Score: 1

      Or you could, well, use real money instead.

      With old money like paper dollars it requires to steal only 1 thing (the papers in your pocket) to get it, no PIN or password on it and the thieve can spend it quite anonymously with no effort - I think this happens not that rarerly ;)
      With dollars in bank account, they require to steal 0 things to take your money, they just take it. Ask wikileaks, charities where banks or usually the paypal frozen their accounts/confiscated and so on.
      Not to mention over few years it slowly loses purchasing power.

    3. Re:What crypto? by tepples · · Score: 1

      But then how would you pay for the cellular data connection with which to connect your phone to your server? Do major carriers in multiple countries take Bitcoin yet?

  5. handshake by NotInHere · · Score: 3, Funny

    "Thank you. With this handshake you handed over all your bitcoins to me."

    1. Re:handshake by ArcadeMan · · Score: 1

      "Joke's on you. It's FlappyCoins."

    2. Re:handshake by ChrisKnight · · Score: 1

      FIFY: "Joke's on you. It's FappyCoins."

      --
      -- This sig is only a test. If this were a real sig it would say something witty. --
  6. Geez by umdesch4 · · Score: 4, Insightful

    I love bitcoin. I've mined them, bought them, sold them, bought real tangible (completely legal) things with them, donated to worthwhile causes with them, and have read enough to understand how the whole system works...and even I think this is a downright retarded idea.

    1. Re:Geez by Opportunist · · Score: 2

      I think the reason why you think this is a retarded idea is that you do understand the system...

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    2. Re:Geez by smittyoneeach · · Score: 1

      I think the reason you think he thinks he does understand the system probably has something to do with recursion.

      --
      Get thee glass eyes, and, like a scurvy politician, seem to see things thou dost not.--King Lear
    3. Re:Geez by TheCarp · · Score: 1

      I kind of do too, but that doesn't set it apart from many things. Tomorow is sunday, just wake up and go outside in the morning and you will see streams of people heading to big temples to worship retarded ideas.

      --
      "I opened my eyes, and everything went dark again"
    4. Re:Geez by Anonymous Coward · · Score: 4, Funny

      Leave football out of this discussion.

    5. Re:Geez by ultranova · · Score: 1

      Tomorow is sunday, just wake up and go outside in the morning and you will see streams of people heading to big temples to worship retarded ideas.

      I'm pretty sure financial institutions are closed on Sundays.

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    6. Re:Geez by Anonymous Coward · · Score: 0

      We've received a telegram for you and it reads: "It is time for you to prepare on your long journey back to reddit".

  7. really clean? by dltaylor · · Score: 1

    Now you not only have to concern yourself with the personal sanitary habits of those with whom you shake hands, but whether they've "cleaned you out", as well.

    1. Re:really clean? by itzly · · Score: 1

      He says he's still using his smart phone to make the actual payments.

    2. Re:really clean? by dltaylor · · Score: 1

      An NFC wristwatch could access the chips; it's not like NFC is supposed to be secure.

    3. Re:really clean? by itzly · · Score: 2

      You can make it secure by encrypting the data that you write to the NFC chip, and then decrypt it on the phone.

    4. Re:really clean? by tlhIngan · · Score: 1

      Now you not only have to concern yourself with the personal sanitary habits of those with whom you shake hands, but whether they've "cleaned you out", as well.

      Question is - does it not seem like a really good way to track someone?

      Sure it's not like they can ping you from space to get your coordinates, but it's like license plate readers - they can identify you and where you were when you were scanned.

    5. Re:really clean? by itzly · · Score: 1

      It's much easier to track people by cell phone. The advantage is that you can do that from a mile away, rather than an inch.

    6. Re:really clean? by tlhIngan · · Score: 1

      It's much easier to track people by cell phone. The advantage is that you can do that from a mile away, rather than an inch.

      Yeah, but what if you know the guy, but don't know his cellphone? Being able to tie a name to a face, an NFC identifier, AND a cellphone turns it into the ultimate cookie.

      He changes phones? Well, he's unlikely to change those NFC chips in his hand, so you simply detect nearby cellphones when you scan his NFC tag. Do it a few times and you can narrow down which cellphone it is.

  8. Hacking hands by paai · · Score: 1

    The phrase "hacking hands" suddenly acquires a lot more meaning...

    Paai

  9. Pseudo-anonimity no more. by BigSlowTarget · · Score: 1

    So much for being anonymous. That's even better for tracking than a bar code tattoo.

  10. 2mm by 12mm by hedgemage · · Score: 4, Insightful

    That's... not small considering your hands are pretty tightly packed full of muscles, ligaments, and bone with very little free space that doesn't need to flex. twist, or shift during use, and they're always knocking into things. Even if this is a good idea technologically, it sure sounds like its a bad idea for practical reasons, at least until the capsule can be made smaller.

    1. Re:2mm by 12mm by Anonymous Coward · · Score: 0

      I agree with you, but it did go into the most spacious part of the hand - that webbing between the thumb and pointer finger.

    2. Re:2mm by 12mm by Anonymous Coward · · Score: 0

      at least until the capsule can be made smaller.

      Or at least, you know, not a hollow glass cylinder. Teflon would be infinitely better since it won't shatter causing massive internal bleeding and possibly the loss of your hand if you bump into something the wrong way.

    3. Re:2mm by 12mm by Anonymous Coward · · Score: 0

      Glass is used to *ENCAPSULATE* things because it is *INERT*. But you are welcome to inject teflon into your body.

    4. Re:2mm by 12mm by Anonymous Coward · · Score: 0

      This is incorrect, there are no muscles in your hand. All the muscles that controls your hands are on your forearm.

    5. Re:2mm by 12mm by Anonymous Coward · · Score: 0

      Please have a look at this anatomical drawing of the hand. http://imgur.com/xYD1vqo

    6. Re:2mm by 12mm by Aboroth · · Score: 1

      You want inert? Do you even know what teflon *is*? Teflon (PTFE) is used for catheter linings, sutures, synthetic blood vessels, and more. So, it's relatively bio-compatible.

    7. Re:2mm by 12mm by Anonymous Coward · · Score: 0

      Why are you such a fucking asshole?

    8. Re:2mm by 12mm by udippel · · Score: 1

      Expert? Are you? Fine, then. Can you specify, what 'relative' bio-compatible is supposed to mean, please?

    9. Re:2mm by 12mm by Anonymous Coward · · Score: 0

      I reckon!

      We all know what the easiest and quickest way is to get those bad boys in there... and it's a deep dark hole. Pro tip: it ain't your mouth.

    10. Re:2mm by 12mm by Khyber · · Score: 1

      Because it's exactly what clueless ACs deserve. No less.

      --
      Still waiting on Serviscope_minor to wake up to fucking reality and realize that Jessica Price isn't going to fuck him.
  11. Not ready for consumers.. by Anonymous Coward · · Score: 1

    Way too fragile to have at hand in my line of factory work... I'm worried about impact effects of that capsule when i hit my hand somewhere while fixing an machine. And i am talking about actual machine where you need wrench, screwdriver, etc... to fix it..

    Your in world of trouble and pain if that capsule brakes.

    1. Re:Not ready for consumers.. by worf_mo · · Score: 1

      Your in world of trouble and pain if that capsule brakes.

      Imagine the pain when it accelerates!

    2. Re:Not ready for consumers.. by Richy_T · · Score: 1

      I carried one of these around in my wallet for a few years until I lost it. Glass is actually pretty strong and as a small bead in a cushioned area, it would take some major trauma do damage it.

      With that said, this is still a retarded idea and has approximately zero to do with Bitcoin.

  12. Er, handy by Anonymous Coward · · Score: 0

    Now with 666 different buying-and-selling features.

  13. PROOF that it's retarded by Anonymous Coward · · Score: 1

    I had the same option but went with the two foot bitcoin enabled dildo option instead. It less permanent (in that it can come out at anytime), but in practical daily use I retain it for weeks and just let it emerge enough for me to tap the touch pay systems at enabled vendors,.

  14. "The chips are available on the Internet... by FatLittleMonkey · · Score: 1

    "The chips are available on the Internet, sold with a syringe for $99"

    I'm going to inject something I bought over the internet into my hand.

    --
    Science is all about firing a drunk pig out of a cannon just to see what happens.
  15. Nice role reversal by Anonymous Coward · · Score: 0

    After all the years of paying these dicks in the capitol city.

  16. Old fashioned way by WilyCoder · · Score: 1, Funny

    I prefer the old fashioned method of shoving dollar bills up my ass

    1. Re:Old fashioned way by Anonymous Coward · · Score: 0

      But that makes it unpleasant for criminals to still those dollar bills. Maybe a proctologist.

      But a hand makes it so much easy. You cut off the hand and there you go.

    2. Re:Old fashioned way by Anonymous Coward · · Score: 0

      Get with the times man! You're looking for ButtCoins. See here:
      http://www.buttcoinfoundation....

      captcha:unclean

  17. Oh, his OWN hands, right by wonkey_monkey · · Score: 1

    Entrepreneur Injects Bitcoin Wallets Into Hands

    You know, you could've squeezed "his" into the title. It's not like you have to pay per character.

    I thought he was either selling this as a service or going around at night injecting unsuspecting passers-by.

    --
    systemd is Roko's Basilisk.
  18. 666 by musmax · · Score: 1

    And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name

  19. From Bitcoin to Buttcoin? by rmpotter · · Score: 1

    Surely, the backside will become the natural place to inject this horse's ass of an idea. Maybe payment will is made by twerking? That would explain a few things.

    --
    Is this sig nificant?
  20. So credentials are now... by Anonymous Coward · · Score: 0

    A. Something you know
    B. Something you have
    C. Something your are
    And
    D. Something you injected into your hands like a fucking retard

  21. This is a stickup by Anonymous Coward · · Score: 0

    Hey kid, this is a stickup. Put your hands in the air. Later that day a kid was admitted to the emergency room, the police report noted he was missing those very same hands.

  22. People are lazy by paysonwelch · · Score: 1

    A bitcoin private key is only 64 characters long. Memorize it and recite it every morning.

    1. Re:People are lazy by itzly · · Score: 1

      Or easier, remember a passphrase and use a hash to turn it into a private key.

    2. Re:People are lazy by Anonymous Coward · · Score: 0

      Or easier, use an established and persistent currency.

  23. or an oncologist by frovingslosh · · Score: 1

    Enjoy the cancer, fools. There is plenty of evidence that these chips will cause it, particularly if you plan on living more than ten years. Google it for yourself, but here is just one link: http://www.dogsnaturallymagazi... Bob Barker also recommends getting your balls cut off at the same time.

    --
    I'm an American. I love this country and the freedoms that we used to have.
    1. Re:or an oncologist by itzly · · Score: 1

      Since the chips are not in contact with any tissue, how exactly are they causing cancer ?

    2. Re:or an oncologist by frovingslosh · · Score: 1

      If you think something inside the body isn't in contact with anything then your understanding of physics and medicine is different than mine. Another good reference is AntiChips.com, they have some good pictures of the tumors that you don't want to believe can be caused. And I have seen this problem myself in at least one dog; my neighbor fosters for the local SPCA, and one of the dogs that she fostered developed a lump at the point of injection in the short time that the dog was in her care. I heard of another case where a dog that she cared for was adopted out and then developed a tumor around the chip, the SPCA wouldn't do anything for the owner, even though they had insisted that the dog be chipped (and neutered). No way that I want my dog going through life with this inside him.

      --
      I'm an American. I love this country and the freedoms that we used to have.
  24. It's simply illegal ... by CaptainDork · · Score: 1

    ... when he launders his hand after taking a wee wee.

    --
    It little behooves the best of us to comment on the rest of us.
  25. what's wrong with cash? by Anonymous Coward · · Score: 0

    Seriously, what's wrong with cash?

  26. The bad news is ... by Anonymous Coward · · Score: 0

    ... it won't keep him safe from ebola virus.