Crypto withOUT the internet

Words
142
Reading
1 min
Listen
Play
8y

How do you have a crypto currency with OUT the internet?
It boils down the "what is money?"

In it's basic sense, 'money' is simply a way to transfer 'value' form one person or company to another.
We do it all the time when we use bank transfers.

The difference is in the fiat system the 'money' is owned by the banking cartel.
With crypto the ownership is distributed.

So how do we transfer 'value' when no internet or maybe no smart phones are available?
Simply by using the same methods as used by the fiat bankers, we produce representations of the 'value'.
Also known as 'cash'.

And that is exactly what is happening in the Marshal Islands.
paper versions of crypto are being issued that represent the value, and can be exchange person to person with out the need for technology.

https://cointelegraph.com/news/swiss-wallet-firm-to-produce-physical-banknotes-for-marshall-islands-digital-currency

Crypto withOUT the internet | Ecency