You are viewing a single comment's thread from:

RE: Venezuela, crises and cryptocurrencies

in #blockchain • 7 years ago

Hi @fucho80,
Thank you for this well researched post. You point out that the usage of cryptos is restricted to the people having access to a computer or a phone and internet. This is the big problem that prevents mass adoption in addition to lack of knowledge.
An idea would be to create paper wallets that contain a fixed amount of btc. These wallets would contain the address and also the keys. Among people who trust each other these paper wallets could be passed around like banknotes. You could always check with a blockexplorer if the amount of btc is still on the wallet. Like that people even without access could use btc.
This is just an idea and I don't know whether it is a realistic one in the contexte of your country ?

Best regards
Achim

Posted using Partiko Android

7 years ago in #blockchain by
100%
    -100%

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      0.00 JAHM
        2 votes
        Reply 2
        Sort:  
      • Trending
        • [-]
         7 years ago 

        One idea would be to create paper portfolios that contain a fixed amount of btc. These portfolios would contain the address and also the keys. Among the people who trust each other, these paper wallets could be passed as bills. You can always check with a block browser if the amount of btc is still in the wallet.

        Appreciated @achim03, it is a great idea that you propose and it is very useful for those people who have knowledge of the blockchain, but I think that to the implementation of this method there should be a previous educational campaign that trains people in what blockchain means, logically, this requires investment of time and other resources that could be channeled through a group committed to this cause. However, what you propose would be a good start.

        Thank you for your very valuable comment and this proposal. I know your sensitivity for the Venezuelan issue and I congratulate you for the initiative in favor of this cause @help.venezuela.

        Fondly
        Pr EV

        100%
          -100%

            Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

            • Disagreement on rewards
            • Fraud or plagiarism
            • Hate speech or trolling
            • Miscategorized content or spam

            Submit
            0.00 JAHM
              3 votes
              Reply
              [-]
               7 years ago 

              Dear @achim03

              An idea would be to create paper wallets that contain a fixed amount of btc.

              Would that even be posibble? I wonder ...

              100%
                -100%

                  Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                  • Disagreement on rewards
                  • Fraud or plagiarism
                  • Hate speech or trolling
                  • Miscategorized content or spam

                  Submit
                  0.00 JAHM
                    Reply