I have been thinking about the possibility of making a bitcoin transaction if you are in a country or locality where some services such as the Internet or electricity (essential services for bitcoin fail. ~~ I have found a possible solution, which would theoretically work by making purchases with bitcoin physically and taking advantage of functional services in these circumstances.
you have to explain the idea more than that but so far it sounds like centralization, something that has been discussed before with different names (physical bitcoins, paper bitcoin, bitcoin notes,...) in any case it never succeeds because it is highly risky and requires an enormous amount of trust in that centralized service that is "physically selling bitcoin".
Good afternoon, I'm Gabriel, from Venezuela. I have the idea of creating a physical function for bitcoin. Although it sounds somewhat absurd and impossible, I have thought and come to the conclusion that it is possible to develop a viable function for many countries and even give extra functionality to bitcoin.
As we all know, Bitcoin is a digital currency, so we require the use of the internet to made out transactions, and even make that bitcoin reach other people, in this way the economy works, someone has a product, another has the money, and if who has The money wants to buy a product, simply processes your payment and receives your product. Really this basic rules work on the world of economics.
However, unlike the dollar or physical money, bitcoin has the disadvantage that there is no platform capable of generating a physical aspect for bitcoin which allows people to buy products directly with bitcoin without being connected to the internet. this being an important disadvantage for bitcoin and making its growth stand still.
In countries like Venezuela, due to the bad government, we have had to face very strong disadvantage and collapse situations that have ended up making each person take advantage of other person for survive, trying to adapt to the needs and the community in which they reside. A few months ago they began to cause failures in the electrical system and simultaneously failures in Internet services, creating a total collapse of the economy, even in the purchase devices with debit or credit cards. There was widespread chaos between internet services, electricity, and some communications systems. However, many telephone systems continued to operate, companies such as digitel, movistar, among other companies worked on 60-70% of the normal capacity without problems. remember that these services mostly work on a satellite basis, and if u around of the antennas the service work perfectly.
During this time I observed that bitcoin had a significant disadvantage to the dollar. But I also spent my time thinking about possible solutions for these schemes. and I found the possibility of believing that we can use the services that continue in operation to perform electronic links and generate bitcoin operations based on these functional systems.
My idea and project is based on what I think is possible and capable of creating a platform that generates codes through an offline digital application that connects to a synchronized server on the network. These codes should be generated under a cryptographic scheme, together with a pairing of devices (remember that mobile phones, even without electricity services can be charged from cars, electric generators, among other options, and their load yields approximately between 8 hours or even a few days) and, in turn, through an extra application, a text message will be sent with the generated code, which connects to a national or international server that is constantly listening to these messages. At the time of the message to be received, the server must connect to the wallet of the generated code to execute a payment transaction between the paired pair and return a message indicating the success of the operation or failure thereof.
In a fews words, the moment system would work under this scheme:
Person-> Wallet (previously created and paired to device) -> Device (offline) -> Pairing (offline) <- Device (offline) <-Wallet (previously created and paired to device) <-Persona
Pairing (offline) -> cryptographic code (offline) -> AppRemote + NumTlf-> Text message sent to server-> Server listening
Server-> Validation of codes-> verification of balances-> transfer of funds-> return of text message with transaction and operation code.
If analyzed from this point of view, the operation is totally viable. Even in my country where there are so many generalized blockages, we can send international or national text messages. therefore the application can intelligently connect to digital operations easily. the idea can even be greatly improved because more powerful links with more data analysis could be created. security based aspects can be created. I have other ideas to greatly improve the operation of the system, but we would have to detail many technical aspects of operation, monitoring, among other things. even sub-links could be created.
Now if you look at it from this point of view, we could even print cards or paper with the code generated by our applications, and make payments with those codes. (The idea doesn't sound so absurd anymore, right?)
All the money available to realice out this type of operations would also be controlled by people, even having an amount of btc per code generated in the application, to form individualization. The idea is expansive. but, as I commented at the beginning of my article, my impediments are the following:
I do not have the money to finance the entire project (servers, links, domains, hosting, development, design, hours of work, advertising, food, etc.)
I don't have the staff to collaborate in the development process
I don't have advertising contacts for the idea
I do not have economic stability to clearly dedicate my time to the development of the project.
I live in a corrupt country, so protect my identity as Satoshi Nakamoto did, It is merely important, for this reason as I said in previous messages i don't necessarily obtain recognition for the idea. but I do need to solve my economic problems, because I want to help my wife, children, parents and parents-in-law. I want to give them stability, just as I want to have it. This is why I am looking for someone interested in financing or buying this idea and who has the capacity to develop it, or even that finances me and allows me to development the idea.
I believe that the development of this project is really important for bitcoin, and would solve one of the disadvantages that this community has so far.
I do not have a stable internet service but it can be solved with a satellite internet system, if there is financing for the project.
I do not have stability in electrical services. but it is also a system that can easily be solved, with electric generators or a solar panel system.
In turn, if there are people interested in making such financing, I may be showing through this same forum or even an extra web page all the progress that is being made, work group, tests among other things that merit importance.
If there are people who wish to collaborate in the financing of the idea, they can contact me directly by PM, or even publish in this post, in turn I will leave one of my wallets in case there are people interested in donating in the project in any way. Or if there is anyone interested in buying the project, you can also contact me. If a sale is made, I will returning the money to the wallets of those who have made any kind of donation to said wallet. What I want is to create a solution that is accepted by people, and if for the most part people want me to develop the project and finance my idea, I have no problem in doing so and unlinki myself from the idea of selling it.
I thank first to God and you for your time and put this whole project in God's hands.
Btc: 15VxBMg2iwsZKbdnKKCkro2bAFoRfweu68
