I still don't understand this currency. At all. Que, buzzwords. BLOCKCHAIN, and crypto. In order for money to be useful it has to be convenient. Listening to cult members they have a secure crypto wallet that they AIR GAP, from having their crypto currency stolen. Que simple transaction. Walking by lemonade stand. Lemonade 25 cents. Thirsty crypto wallet cult member. I would like to buy some lemonade? O.k that's 25 cents. Do you take bitcoin. Now reality and electronic worlds have a problem. Bit coins are constantly changing value. 100,000 or 300.00 dollars. The merchant just wants 25 cents. But the Thirsty cult leader only has bitcoin. I think you can shave off a bit coin into bits or portions of a bitcoin. But bitcoin is so valuable? That you can't break it down to a small enough COIN. whatever, this reality, and electronic digital currency don't work.
You sell some of it for USD or whatever local currency you need to use to do local transactions. Yes bitcoins can be transferred as portions and you can do it on your phone. Air gapping is no different from keeping gold in a safe at home instead of the safety deposit box at the bank.
I still don't understand this currency. At all. Que, buzzwords. BLOCKCHAIN, and crypto. In order for money to be useful it has to be convenient. Listening to cult members they have a secure crypto wallet that they AIR GAP, from having their crypto currency stolen. Que simple transaction. Walking by lemonade stand. Lemonade 25 cents. Thirsty crypto wallet cult member. I would like to buy some lemonade? O.k that's 25 cents. Do you take bitcoin. Now reality and electronic worlds have a problem. Bit coins are constantly changing value. 100,000 or 300.00 dollars. The merchant just wants 25 cents. But the Thirsty cult leader only has bitcoin. I think you can shave off a bit coin into bits or portions of a bitcoin. But bitcoin is so valuable? That you can't break it down to a small enough COIN. whatever, this reality, and electronic digital currency don't work.
You sell some of it for USD or whatever local currency you need to use to do local transactions. Yes bitcoins can be transferred as portions and you can do it on your phone. Air gapping is no different from keeping gold in a safe at home instead of the safety deposit box at the bank.