Quote:
Originally Posted by Biggy
Please explain to me how a peasant farmer in Africa who knows fuck all about computers will all of a sudden adopt this very complex technological crypto currency there is no way they can possibly understand because they've barely been on the Internet.
|
Mate i already explained it
Its already being used. Phone credits became a currency, which accounts for 40% of GDP for that country. If i get time ill post the article here.
They simply send a text message to text phone credits to each other. It started off as a way to send phone credit to your family or friends, you can send them minutes. Then someone probably asked a shop keeper hey can i trade you some milk and bread for phone credits.
Boom a new currency is born.
Its just like the internet.. people might not know exactly how it works on the backend but they still use it for doing every day tasks.
You can email money. If anyone can send an email or text message they can send bitcoin.