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Author Topic: How to use fiat currencies for Bitcoin offline transactions?  (Read 6989 times)
pa
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January 06, 2014, 04:57:49 AM
 #41

Here from /r/Bitcoin. Amazing idea!!
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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January 06, 2014, 06:58:01 AM
 #42

Has this idea progressed at all?
TTBit
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January 06, 2014, 01:27:11 PM
 #43

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.

good judgment comes from experience, and experience comes from bad judgment
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January 07, 2014, 05:22:43 AM
 #44

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

Stephen Gornick
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February 19, 2014, 11:48:33 PM
 #45

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.

Unichange.me

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btcusr
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February 20, 2014, 02:41:00 PM
 #46

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. Cool

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