And why do we need to have such an implant in our bodies? What kind of advantage will that bring?
wouldnt that put our anonymity at risk since your addressees will forever be linked to you since the implant now is part of your body?
wouldnt that put our anonymity at risk since your addressees will forever be linked to you since the implant now is part of your body?
Well, it will bring you the convenience of not having to carry or wear a physical wallet with you all the time. You'll never forget to bring your wallet when making payments with Bitcoin as it will always be inside of you. I know that it would be a huge target for thieves to try to steal your money, but I believe that security mechanisms would be deployed, to prevent this from occurring.
Something like multisig that would require the approval of at least 2 out of 3 keys would greater strengthen the security of your implant. It could be the combination of your smartphone and implant to help unlock your funds, or using any other device you may have registered.
On top of that, if Bitcoin scales and becomes faster in transaction confirmation times, making payments with your implants would be a snap. While the implants may not be a viable use case nowadays, I believe that it would become used at some point in the future. Just my opinion.
