How to use fiat currencies for Bitcoin offline transactions?

[pa]

Here from /r/Bitcoin. Amazing idea!!

[1715363170]

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[1715363170]

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[eltonjock]

Has this idea progressed at all?

[TTBit]

Has this idea progressed at all?

The idea I floated definitely has. We have had a website all set up for about a month now, but haven't posted it publicly yet. There are a few details that need addressing (redeeming, getting a PO box?, how long do I plan on doing this?, etc). Holiday downtime did not help, but it is not a forgotten project.

[btcusr]

@ttbit, did you check bip-38?
Is that anyway useful here?

[Stephen Gornick]

Has this idea progressed at all?

The idea I floated definitely has.

In Kenya, the largest note issued by their central bank is the 1,000 shilling (KES) note.  That's worth about $12.  Cash is still used widely for making purchases such as appliances, used cars, etc.  Imagine going shopping for a new large screen TV and having to carry a 3" thick stack of bills.

Then imagine being the merchant, having to carry a satchel to transport the previous day's cash sales to the bank.

This idea has potential.

[btcusr]

Has this idea progressed at all?

The idea I floated definitely has.

In Kenya, the largest note issued by their central bank is the 1,000 shilling (KES) note.  That's worth about $12.  Cash is still used widely for making purchases such as appliances, used cars, etc.  Imagine going shopping for a new large screen TV and having to carry a 3" thick stack of bills.

Then imagine being the merchant, having to carry a satchel to transport the previous day's cash sales to the bank.

This idea has potential.

cool.