3 ms·

100% agree! How would this work in practice? Naturally you would need a free/open/secure mobile app (maybe such an app exists already?). Is there a way to hold

• AgentME 9y ago
  >Naturally you would need a free/open/secure mobile app (maybe such an app exists already?). There are free open source mobile apps for holding and transferring Bitcoin. ("Mycelium Bitcoin Wallet" is one, but I'm not terribly familiar with it or any other mobile apps.) >Is there a way to hold and transfer fractions of bitcoin without using exchanges? Yes and yes. You don't have to have an integer amount of bitcoin, and you can hold bitcoin directly. (In fact the main big point of bitcoin was that people can hold it directly instead of only being able to have 3rd parties manage it for them.) >Can I purchase fractions of coin from exchanges and transfer those fractions into my personal wallet? Yeah. (All US exchanges do require you to identify yourself pretty rigorously, so it is hard to transfer between USD and BTC without a paper trail. So yes, it makes it hard if your goal for using BTC was to go 100% off-grid, but otherwise I don't think it's a show-stopping issue except for anyone engaged in illegal activity, earning a lot from it, and wanting to get it into USD easily.)