Mythbusting: Bitcoin must have internet and a smartphone to work
"Bitcoin can't work without internet" is a common argument used by people outside the Crypto community as a reason why Bitcoin will fail, even if it is unreasonable that someone will shut down internet
and then there are "leaders" like Samson Mow who said
When Satoshi gave Bitcoin to the world, he meant it as an alternative to the traditional payment systems which relied on a trusted 3rd party. Of course, he meant for Bitcoin to be used by everyone and not just for the western countries like the United States.
But its not surprising that another "renowned" Developer and maximalist, Jameson Lopp supported the above tweet and mocked at Vinny for differing with Samson's opinion
These Bitcoin "leaders" celebrate the lack of progress on Bitcoin protocol and actively advocate for the status quo expecting the world to acknowledge and adjust to Bitcoin (BTC) as it is
Arrogance limits your vision and he was proved wrong when Bitcoin evolved in the form of Bitcoin Cash and enabled creators to develop their own vision
Cointext
Vin Armani another early adopter and a Bitcoin developer proved the maximalists wrong by creating Cointext
CoinText enables instant transactions without Internet, apps, accounts or passwords by providing an SMS gateway to the blockchain
This tool is exactly what is needed for many 3rd world countries where millions still use a feature phone (not a smartphone) and don't have continuous access to the Internet.
With Cointext you can "Begin texting money to your friend's phone numbers or pay for anything where BCH is accepted"
How it works?
Cointext is a platform that enables users to transfer cryptocurrency using simple text messages. The mobile wallet service allows anyone with a basic mobile device to send funds via SMS to other phone numbers or bitcoin cash (BCH) addresses.
On the receiving side, people don’t need to download a wallet, install an app, set up an account or even have access to the internet. Users can set up new accounts just by sending ‘START’ to the Cointext access number in their region, with other actions similarly ordered by simply texting commands
It is so good, even BTC maximalists use it to on-board newbies
Best on-boarding tool for newbies
As shown in the above practical case, this is one of the easiest ways to onboard people to Bitcoin Cash. They don't need to download a wallet app, or send you their BCH address or show a QR code. Heck, they don't even need internet
If you know their phone number, anyone can just text them money and who objects to getting money without doing anything?
Its so easy, maximalists are sending Bitcoin to their Grandma!
The world needs an option like Cointext and Bitcoin Cash
The Indian govt has cut off internet access for the state of Kashmir for the last 4 months and as a result all modes of digital payment options are down making everyday life really hard.
Services like Cointext can play a real role in those kind of situations and combining it with the power of Bitcoin Cash as an instant P2P Digital Cash with low fees, the people get closer to economic freedom
Bitcoin is an experiment and was supposed to stay that way so different people can develop it into a state-of-the-art P2P digital cash. Bitcoin Cash is now carrying on that legacy by providing a stable middle ground and encouraging developers and entrepreneurs to create solutions to change the world for the better
Bitcoin Cash and services like Cointext prove that impossible can be made possible, and accepted facts (status quo) are just myths waiting to be broken
...and you will also help the author collect more tips.
Wow this is great! 😍