<<  >> (p.2)
    Author Topic: Distribution solution: My first and last post, sick of the floundering around  (Read 3026 times)
    Quantumplation
    Sr. Member
    ****
    Offline Offline

    Activity: 308
    Merit: 250



    View Profile
    May 31, 2011, 10:14:05 PM
     #21

    There's ALSO always this point to consider:

    The reason people want to see physical bitcoin is to enable BTC payments without being online. This does not do that. If, for some reason, I bought BTC on a CD or USB stick, the first thing I'd do is load the wallet.dat in there onto a computer somewhere and transfer the coins to another address. As long as I haven't done this, the original seller is able to spend the coins at will.

    Well it all depends on the emitter's intent. If you traded a private key from an individual, you should redeem asap. If you got such a thing as a bitbill, you should consider the emitter has a very low incentive in destroying a sustainable business model forever to get a 1 day lotto like hit.

    Yea, bitbills are good.  The "put a wallet on a USB stick" is not.

    NOTE: This account was compromised from 2017 to 2021.  I'm in the process of deleting posts not made by me.
Page 1
Viewing Page: 2