Post
Topic
Board Bitcoin Discussion
Re: Received my Bitbills Bankcards today!
by
kgo
on 18/08/2011, 22:22:08 UTC
What's the point of these?

Your private key exists in an offline physical format.  As long as you keep it that way, it's impossible for a hacker or virus to steal your key and the coins attached to it, since they don't ever exist on your computer.  Instead, they'd need to break into your house or your safe deposit box or whatever and steal the card.

When you want to cash out, you can temporarily use the key on a secure machine to send the coins.