Bitcoin physical bearer instrument using NFC JavaCards
1–10 of 120 posts
Re: Bitcoin physical bearer instrument using NFC JavaCards
#2We could print pieces of folded paper containing wallets with a standard amount of satoshi and.... wooops, we just invented cash again
Re: Bitcoin physical bearer instrument using NFC JavaCards
#3Could we fix the typo in the title? It almost phisically hurts to read.
Re: Bitcoin physical bearer instrument using NFC JavaCards
#4How's it work? Website explains nothing.
Re: Bitcoin physical bearer instrument using NFC JavaCards
#5We could print pieces of folded paper containing wallets with a standard amount of satoshi and.... wooops, we just invented cash again
This is reductive. It may bear some resemblance to cash but it's more like a voucher, and the actual value is transferred on an immutable ledger. Wish Hacker News wasn't so curmudgeonly about crypto and actually tried to imagine the multitude of ways it would improve society if adopted.
Re: Bitcoin physical bearer instrument using NFC JavaCards
#6We could print pieces of folded paper containing wallets with a standard amount of satoshi and.... wooops, we just invented cash again
This is reductive. It may bear some resemblance to cash but it's more like a voucher, and the actual value is transferred on an immutable ledger. Wish Hacker News wasn't so curmudgeonly about crypto and actually tried to imagine the multitude of ways it would improve society if adopted.
> Wish Hacker News wasn't so curmudgeonly about crypto and actually tried to imagine the multitude of ways it would improve society if adopted.
I wish crypto could improve society, but it can't.
That said this is a neat hack. Reminds me of what the Kong folks were doing, I bought a couple of bills as a sousvenir. [1]
Re: Bitcoin physical bearer instrument using NFC JavaCards
#7We could print pieces of folded paper containing wallets with a standard amount of satoshi and.... wooops, we just invented cash again
Not the same. A paper wallet has actual value like a metal coin. Now if the paper wallet could not be redeemed for sats you have a pretty piece of paper like cash.
Re: Bitcoin physical bearer instrument using NFC JavaCards
#8We could print pieces of folded paper containing wallets with a standard amount of satoshi and.... wooops, we just invented cash again
Yeah, it’s the same thing as government issued currency the moment you put it in paper. A corollary is that digital dollars on your banking app is just like crypto.
Re: Bitcoin physical bearer instrument using NFC JavaCards
#9We could print pieces of folded paper containing wallets with a standard amount of satoshi and.... wooops, we just invented cash again
This is reductive. It may bear some resemblance to cash but it's more like a voucher, and the actual value is transferred on an immutable ledger. Wish Hacker News wasn't so curmudgeonly about crypto and actually tried to imagine the multitude of ways it would improve society if adopted.
I'm not going to argue against some benefits' crypto can have. Especially with the under banked. But it had over a decade to improve society and so far the main use case is: Trick people with tech-bro talk and then scam them.
Re: Bitcoin physical bearer instrument using NFC JavaCards
#10We could print pieces of folded paper containing wallets with a standard amount of satoshi and.... wooops, we just invented cash again
Yeah, it’s the same thing as government issued currency the moment you put it in paper. A corollary is that digital dollars on your banking app is just like crypto.
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