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by sanswork 4176 days ago
So your solution to the problem of bitcoin being unusable without power(and internet access) in a region is that in the future bitcoin will enable people to develop new technologies that don't currently exist? And they will be able to invent these new technologies because the only thing holding them back is in the inability to collect micropayments(which they can currently actually do using cash)?
1 comments

No, Bitcoin will help make it profitable to roll out new technologies. Roll out != invent. It will also stimulate the development of said technologies. Because it lowers the cost of taking payment.

As far as cash, try collecting cash payments for your grid of micro-generators recharging cellphones in the Amazon, see how well that works out for you. Let me guess, you're gunna fly some drones in to pick up the payments...

What are these new technologies that are just waiting for roll out?

>As far as cash, try collecting cash payments for your grid of micro-generators recharging cellphones in the Amazon, see how well that works out for you. Let me guess, you're gunna fly some drones in to pick up the payments...

Try removing your micro generator from the community after you've installed it when they stop paying your rent. See how that works out for you.

I'd collect the payments when I delivered the fuel btw.