News for hackers. Stuff that matters.
Re:Blockchain is not only crappy technology but a bad vision... by fsflover on Tuesday January 18, 2022 @08:07AM (#29978442)
You transfer btc to someone else and they give you your purchase.
Re:Blockchain is not only crappy technology but a bad vision... by oblio on Tuesday January 18, 2022 @08:09AM (#29978464)
How do I transfer that money? I need specifics.

I'm a poor peasant from Wallachia, I barely know how to use a smartphone. ELI10.

1. How do I buy the Bitcoin in the first place? My government or bank aren't selling them to me.

2. How do I actually transfer that money?

Re:Blockchain is not only crappy technology but a bad vision... by Quindecillion on Wednesday January 19, 2022 @06:58AM (#29992551)
Yeah... if you barely know how to use a smartphone Bitcoin isn't going to be much help to you, unless you learn.

That doesn't mean Bitcoin isn't already helping millions of people in these types of countries that have unstable currencies, governments, or both, but also have wide spread internet and smartphone adoption.

Read the Alex Gladstein articles I mentioned above.