Re:Why Cryptocurrencies?: For the Unbanked
by tannerwj on Thursday September 05, 2019 @04:32PM
(#20890412)
For that you would just need some sort of Internet connection and some storage, nothing out of reach for the vast majority of people, or am I wrong again?
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Re:Why Cryptocurrencies?: For the Unbanked
by android2222 on Thursday September 05, 2019 @04:56PM
(#20890558)
Yeah I mean there are many many parts of rural north america that do not have easy access to broadband. I grew up in Wisconsin - I just simply couldn't give someone coins when I'm up in the Northwoods.
Here's a quick example: https://www.vox.com/2017/6/20/15839626/disparity-between-urb...
Edit: If you give someone a coin with the private key on paper, technically you can give them coin offline, but the rest of the networks have no clue this happened, and you can't spend unconfirmed monies.
Re:Why Cryptocurrencies?: For the Unbanked
by TazeTSchnitzel on Thursday September 05, 2019 @06:05PM
(#20891076)
Bitcoin's blockchain is a quarter of a terabyte in size, Ethereum's is not far behind.