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That is a good question that I’ve thought about but haven’t dug enough to have a great answer. Blockstream is working to make internet more accessible there.

by dadoge 5y ago

That is a good question that I’ve thought about but haven’t dug enough to have a great answer. Blockstream is working to make internet more accessible there. It’ll be interesting to see how much penetration they get and how much it’ll cost folks there. Doesn’t need to be a brand new iPhone, but I do agree that phones are an initial cost and I’d be interested in seeing what are low-cost smart phone options there. That said! The Bitcoin Beach experiment there was enough of a success https://apnews.com/article/caribbean-el-salvador-bitcoin-lifestyle-technology-d30c52b39e16ef49e4b6342fdc885c92 https://apnews.com/article/caribbean-el-salvador-bitcoin-lif...

dadoge 5y ago
Update! 50% of ES has internet access, and this will only increase with companies like Blockstream coming in https://megaphone.link/BLOCK5279366544 https://megaphone.link/BLOCK5279366544
ceejayoz 5y ago
Did you read that Bitcoin Beach article at all? > Gerard said it appears to work because the bitcoin donor keeps pumping bitcoin into the village’s system. “That’s not a proof of concept that works. That shows that you can trade this stuff if you’re not trading actual bitcoins and someone massively subsidizes it.” > Edgar Magaña was in town from San Salvador to convert $50 to bitcoin. He inserted the dollars into the machine and was surprised to see only $47 in bitcoin fractions credited to his account on his phone. “They took three dollars commission,” Magaña said, adding that he had understood there was no commission. “This is like in the banks.”
- dadoge 5y ago
  Wasn’t perfect, but “enough” of a success. Notice you cherry picking only the negative quotes… I’d be shocked, and annoyed, if those fees continue in the future as the infra scales up
CyberDildonics 5y ago
The same company that thinks bitcoin needs to be kept to a few kilobytes per second is going to give El Salvidor internet? Let's not get carried away with the promises and propaganda, anyone can sell the future. These are the same people that thought it was better to make a fragile and complicated second layer over the course of the last seven years rather than increase the block size to more than 1 MB every 10 minutes. I don't know why anyone would pay attention to them other than not realizing they've been sucked in to a /r/bitcoin bubble where anything reasonable comment is deleted.

by dadoge 5y ago

dadoge 5y ago

Update! 50% of ES has internet access, and this will only increase with companies like Blockstream coming in https://megaphone.link/BLOCK5279366544 https://megaphone.link/BLOCK5279366544

ceejayoz 5y ago

Did you read that Bitcoin Beach article at all? > Gerard said it appears to work because the bitcoin donor keeps pumping bitcoin into the village’s system. “That’s not a proof of concept that works. That shows that you can trade this stuff if you’re not trading actual bitcoins and someone massively subsidizes it.” > Edgar Magaña was in town from San Salvador to convert $50 to bitcoin. He inserted the dollars into the machine and was surprised to see only $47 in bitcoin fractions credited to his account on his phone. “They took three dollars commission,” Magaña said, adding that he had understood there was no commission. “This is like in the banks.”

dadoge 5y ago
Wasn’t perfect, but “enough” of a success. Notice you cherry picking only the negative quotes… I’d be shocked, and annoyed, if those fees continue in the future as the infra scales up

CyberDildonics 5y ago

The same company that thinks bitcoin needs to be kept to a few kilobytes per second is going to give El Salvidor internet? Let's not get carried away with the promises and propaganda, anyone can sell the future. These are the same people that thought it was better to make a fragile and complicated second layer over the course of the last seven years rather than increase the block size to more than 1 MB every 10 minutes. I don't know why anyone would pay attention to them other than not realizing they've been sucked in to a /r/bitcoin bubble where anything reasonable comment is deleted.