Concept Bikes & Bike Innovation - for better or worse

"Enough time" being measured in millions of years for 128 bit AES key encryption, as opposed to hours.

I would ask how resilient it would be to a magnet, or electric current.

Probably, but you really think someone who buys a proximity lock will actually choose a anything more than a 6 letter password? Dictionary attack the shit out of it and city wide, a weekend yield will be pretty delicious!
If these go into circulation. They'll be shifted alongside OTP bikes or Create's for an extortionate price for the Gen Y that wants a reason to go into their phone to digitally unlock....a lock....