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That's 10 minutes more than it takes to show off any other collectible: "Here's my collection of beanie babies!", "Look at my lovely Van Gogh painting!" Now, t

That's 10 minutes more than it takes to show off any other collectible: "Here's my collection of beanie babies!", "Look at my lovely Van Gogh painting!" Now, to prove authenticity of an item obviously takes a lot longer - you need art experts to validate your Van Gogh, and some beanie baby specialist to affirm that your toys aren't counterfeit, but that's besides the point: when you show off a collection, you are doing so to let people view and admire it, not authenticate it.

capableweb 6y ago
Have some imagination will you? Just as you say, you don't want to verify ownership every time someone views your thing. You do it once with a trusted 3rd party, get a certificate or whatever you want, and hang it next to your piece. If you now wanna show off your bitcoin worth, get a e-ink display connected to a raspberry pi that shows the current value of your bitcoin wallet. Have the certificate you acquired for this wallet right next to the e-ink display. Now exactly the same as if you were to show off your Van Gogh. Bit false of you to compare showing a Van Gogh with verifying a bitcoin wallet. More appropriate to compare verifying a Van Gogh with verifying a bitcoin wallet, and we both surely know which one is faster and more reliable.
- scotty79 6y ago
  And how do you prove the certificate is authentic? You can prove any given bitcoin is yours just by transfering exactly the amount requested by the viewer from one address to another (also yours). It costs whatever single transaction costs and takes exactly as long. You can do it as many times as you need, and you don't need any third party, just a computer connected to the internet that is sufficiently secure for you.
snicksnak 6y ago
Well you can publish your address and everyone can look up your balance, or "collection of coins", on a bitcoin explorer
monokh 6y ago
I took 5 seconds to verify my balance and 5 more seconds to share this with you: https://btc.monokh.com/address/tb1qfapwkjkhe5vh592ypym6qj8k537r0fttwtdsdv?message=29%2F12%2F2020%20Yes%20HN.%20Bitcoin%20is%20the%20ultimate%20collectors%20item.&messageSig=2022011adc954533949fac778e042bb678c9f6b3d023d938ce09e3713939d14cfb32b368a17dbeb6c38b3269d18b206bb162ac733afd258e5cb488ab141171f5f2 https://btc.monokh.com/address/tb1qfapwkjkhe5vh592ypym6qj8k5... In just about every way, digital bitcoin proofs are better than art collections in terms of display and verification. - Is your art collection independently verifiable by everyone? - How long does it take to verify your art? - Can you share your original piece of art + an "original certificate" digitally with anyone in the world? - Can you share your art collection without risk of theft or damage? For Bitcoin, the answer to all those is yes and much more.

capableweb 6y ago

Have some imagination will you? Just as you say, you don't want to verify ownership every time someone views your thing. You do it once with a trusted 3rd party, get a certificate or whatever you want, and hang it next to your piece. If you now wanna show off your bitcoin worth, get a e-ink display connected to a raspberry pi that shows the current value of your bitcoin wallet. Have the certificate you acquired for this wallet right next to the e-ink display. Now exactly the same as if you were to show off your Van Gogh. Bit false of you to compare showing a Van Gogh with verifying a bitcoin wallet. More appropriate to compare verifying a Van Gogh with verifying a bitcoin wallet, and we both surely know which one is faster and more reliable.

scotty79 6y ago
And how do you prove the certificate is authentic? You can prove any given bitcoin is yours just by transfering exactly the amount requested by the viewer from one address to another (also yours). It costs whatever single transaction costs and takes exactly as long. You can do it as many times as you need, and you don't need any third party, just a computer connected to the internet that is sufficiently secure for you.

snicksnak 6y ago

Well you can publish your address and everyone can look up your balance, or "collection of coins", on a bitcoin explorer

monokh 6y ago

I took 5 seconds to verify my balance and 5 more seconds to share this with you: https://btc.monokh.com/address/tb1qfapwkjkhe5vh592ypym6qj8k537r0fttwtdsdv?message=29%2F12%2F2020%20Yes%20HN.%20Bitcoin%20is%20the%20ultimate%20collectors%20item.&messageSig=2022011adc954533949fac778e042bb678c9f6b3d023d938ce09e3713939d14cfb32b368a17dbeb6c38b3269d18b206bb162ac733afd258e5cb488ab141171f5f2 https://btc.monokh.com/address/tb1qfapwkjkhe5vh592ypym6qj8k5... In just about every way, digital bitcoin proofs are better than art collections in terms of display and verification. - Is your art collection independently verifiable by everyone? - How long does it take to verify your art? - Can you share your original piece of art + an "original certificate" digitally with anyone in the world? - Can you share your art collection without risk of theft or damage? For Bitcoin, the answer to all those is yes and much more.