Matches for ninjashogun, 1788 total results Sorted by newest | relevance
Wed Mar 19 21:40:41 UTC 2014 <moiety> ninjashogun: i have no words. learn about how card processing works first?
Wed Mar 19 21:40:32 UTC 2014 <ninjashogun> asciilifeform, it needs to look like a card because that's how people were tricked into using a more secure system before. :) (specifically, chip'n'pin)
Wed Mar 19 21:39:34 UTC 2014 <ninjashogun> I think that's a very good idea, moiety, and if you targeted the chip'n'pin form factor (looks like a card) sold with a networked home reader, you could sell them as a plug-in solution to merchants. I'm not 100% sure how card processing works, but it may be possible to piggy-back on that system and let merchants use it as though it were card, meanwhile the back-end processor (your company?) or an intermediate networked de
Wed Mar 19 21:39:34 UTC 2014 <ninjashogun> vice, is on the bitcoin network.
Wed Mar 19 21:38:01 UTC 2014 <ninjashogun> asciilifeform, it was more on the smart chips in some atm cards.
Wed Mar 19 21:32:20 UTC 2014 <ninjashogun> brb
Wed Mar 19 21:30:55 UTC 2014 <moiety> ninjashogun: that was in no way, shape or form a serious comment. my apologies.
Wed Mar 19 21:28:59 UTC 2014 <ninjashogun> asciilifeform, we were discussing what it would take for everyone to understand and use it :)
Wed Mar 19 21:28:28 UTC 2014 <ninjashogun> I mean if you took Trezor and made it look like an ATM card, by shrinking it down to the same chip size. (chip and pin)
Wed Mar 19 21:27:57 UTC 2014 <ninjashogun> both.
Wed Mar 19 21:27:43 UTC 2014 <ninjashogun> then its readers would be connected to the bitcoin network instead of to a bank network.
Wed Mar 19 21:27:31 UTC 2014 <ninjashogun> asciilifeform, yes, if you moved trezor into the form factor of an ATM card with a PIN, and using the same technology - then it would be interesting.
Wed Mar 19 21:26:34 UTC 2014 <ninjashogun> So in this sense the physical bitcoin 'wallet' would be a smart card with a PIN. It would NOT know its balance. However, people are very used to this mode of money use.
Wed Mar 19 21:25:56 UTC 2014 <ninjashogun> what do you think of moiety's suggestion? Here is what he's talking about - http://en.wikipedia.org/wiki/Chip_and_PIN
Wed Mar 19 21:25:44 UTC 2014 <ninjashogun> hmmm.
Wed Mar 19 21:24:44 UTC 2014 <moiety> ninjashogun: all you need now is chip'n'pin for bitcoin and youre all set!
Wed Mar 19 21:24:18 UTC 2014 <deadweasel> ninjashogun: we could use toe warmers?
Wed Mar 19 21:24:11 UTC 2014 <ninjashogun> asciilifeform, very fair statement.
Wed Mar 19 21:23:59 UTC 2014 <ninjashogun> The issue then would be that the only conceptually accurate device hte users could think of like a physical wallet, would have to be hot all of the time.
Wed Mar 19 21:23:47 UTC 2014 <asciilifeform> ninjashogun: from the point of a luser, a mercedes runs by dwarves under the hood turning a crank.