News for hackers. Stuff that matters.

A comment on How Memorizing “$19.05” Can Help You Outsmart the MTA. Parent comment

Re:How Memorizing “$19.05” Can Help You Outsmart the MTA by randyrand on Friday September 05, 2014 @12:10PM (#8274669)
That actually sounds like a decent idea.

Bitcoin is already this way. All "cash" is associated with an address. To use that cash you need to be the owner of that address.

[ Parent | on HN ]
Re:How Memorizing “$19.05” Can Help You Outsmart the MTA by schoen on Friday September 05, 2014 @12:28PM (#8274766)
Pretty different senses of "address", though! A street address or a cryptographic key.
[ Parent | on HN ]
Re:How Memorizing “$19.05” Can Help You Outsmart the MTA by randyrand on Friday September 05, 2014 @02:47PM (#8275589)
Yeah, it's an interesting comparison. For the Oyster card, you just need proof that you live where you say you do. For bit coin you just need to not lose your key. Similar purpose. Different execution.

note: lose as in someone steals it.If it's totally lost the money is gone, as we know.

[ Parent | on HN ]