Ring of Bitcoins: Why Your Digital Wallet Belongs On Your Finger

Posted by sk2code on Monday March 18, 2013 @07:08AM
from the wired.com dept.

( 2 comments | 8 points | on HN )

Re:Ring of Bitcoins: Why Your Digital Wallet Belongs On Your... by lampooned on Monday March 18, 2013 @09:09AM (#5393850)

This is a horrible idea. This is the Bitcoin equivilent of walking around with the entire contense of your bank account, in cash.

If someone mugged him, those Bitcoins are gone. No reversing of payments, nothing. At least on a computer his wallet could be encrypted.

[ Parent | on HN ]

Re:Ring of Bitcoins: Why Your Digital Wallet Belongs On Your... by eksith on Monday March 18, 2013 @05:34PM (#5397296)

I have a feeling bolt cutters will suddenly become even more popular among thieves.

[ Parent | on HN ]