bert on Nostr: The power of SEEDQR Imagine I’m in a country with just some locations with internet ...
The power of SEEDQR
Imagine I’m in a country with just some locations with internet and we want to exchange bitcoin without the internet and physically with paper. A great solution could be SeedQR.
A physical piece of paper you exchange with someone else with bitcoin on it.
An exchange you make is based on trust. When someone pays you with a SeedQR paper you could directly verify and transfer if you have internet, but you could also trust the person with the cash paper you just received. How is this different from a cash note you receive? You can actually take self custody of the value once you find internet somewhere.
So what do we need to progress SeedQR throughout our society? Apps can scan SeedQR to generate wallet easily so it can be transferred to own wallet. App has a print button of a newly generated SeedQR. If you want to make sure nobody easily sees or used your SeedQR you can use a tamper evident bag.
Imagine I’m in a country with just some locations with internet and we want to exchange bitcoin without the internet and physically with paper. A great solution could be SeedQR.
A physical piece of paper you exchange with someone else with bitcoin on it.
An exchange you make is based on trust. When someone pays you with a SeedQR paper you could directly verify and transfer if you have internet, but you could also trust the person with the cash paper you just received. How is this different from a cash note you receive? You can actually take self custody of the value once you find internet somewhere.
So what do we need to progress SeedQR throughout our society? Apps can scan SeedQR to generate wallet easily so it can be transferred to own wallet. App has a print button of a newly generated SeedQR. If you want to make sure nobody easily sees or used your SeedQR you can use a tamper evident bag.