Molly Whitechrist
The Book of KelsThey really jumped hard on the "refugees crossing a border" use case, haven't they? But then, it's the closest thing they have to one that isn't an outright scam.
AlexFroio@mag soon@Nezchan @molly0xfff but even then, like... That assumes that the 'unbankable' have access to a digital device that has an active internet connection.
Which is highly unlikely.
Which is highly unlikely.
Yeah, I'm not sure it's *actually* happened, but it's a theoretical use case that *could* happen if the stars align, and honestly that's the only one they've managed to come up with.
@Nezchan @molly0xfff I recall one example, but not for refugees, of El Salvador taking bitcoin as "legal tender".
If you look under the hood, they are just using a centralized system that fakes it's passing around crypto and just keeps a database of everyone's balance. Even when it ends up being accepted, there's a layer of obfuscation.
If you look under the hood, they are just using a centralized system that fakes it's passing around crypto and just keeps a database of everyone's balance. Even when it ends up being accepted, there's a layer of obfuscation.
The El Salvador thing has been a disaster no matter how you look at it. Nothing worked at any point of the process, and funds just kept getting thrown into the money pit.