No its a way to hand bitcoin to someone offline where they can be certain nobody has the private key because its hidden on the card until its digitally unsealed. It can be passed from person to person and never need a blockchain transaction.
Hmm ok, but why not just use a wallet then?
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How do you give bitcoin to someone in an untraceable way, offline, and without you knowing the private key?
Good point. I need to explore the SATS card. Great idea for kids.
