Quote from: vapourminer on October 28, 2020, 10:33:43 AM

that introduces a third party you need to trust (the chip maker say). bitcoin is designed to be trustless. and security keys get lost or break. who issues them and the replacements? another party to trust.

bitcoin security is based on math, mainly the astronomical odds of finding a duplicate key. its the only thing needed atm. just protect your keys. which is admittedly harder for some than others.

Yes, of course, if we were forced to use this kind of implantable microchips, then naturally this, too, theoretically could give rise to another vector of attacks from hackers, only now it would be directed not at the user of the wallet or his laptop. Now hackers would attack directly the manufacturers of these microchips

But despite this, I still like this idea, because in this way it would very likely solve the problem of identifying the owner of the private key.

And, yes, I perfectly understand that if everyone began to use such identifying microchips, then, in addition to hacker attacks, this could also lead to even more terrible things - for example, if the chip was located in the hand, or somewhere under the human skin, and if it was a certain public figure, then for sure there would be some completely reckless personalities who would not have disdained by committing physical attacks on carriers of such chips in order to extract them from bodies.

And if such wallets will contain millions or tens of millions of dollars, then, I'm sure that after some time it would become our everyday reality.

The movie Looper with Bruce Willis comes to mind for some reason. There, a plot was played up in which people were hunted in an unusual way, because it was impossible to kill such people with ordinary means precisely because of various kinds of identifiers that were used in the future on our planet.

But despite these new vectors of dangers that may take place, I still think that society will gradually move in this direction - the identification of everything and everyone on this planet.

In the meantime, for any rich guy, one single rule is still relevant: "If you want to stay rich, keep your private key a secret from everyone."