It would never catch on.
Imagine a stored-value card so thin it could be folded, and that could be accepted with zero hardware. The catch: the value is fixed.
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
So it has to be surrendered on the first use. You can however get similar cards with smaller fixed values in return.
-
like cash?
End of conversation
New conversation -
-
-
that sounds pretty good on paper
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
and isn't that describing cash!
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
also realtively easily forged. Zero security if you loose it, easy to steal
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
and what if the issuer, the Indian government say, suddenly bans them all?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
+ Time to Live set to expire at some point. You've got a pretty nice use case for a universal basic income payment medium.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Digitally signed. & private key destroyed after each(or a set of cards) print to prevent forgery. But public key listed. Sounds neat!
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Imagine you are in India and the gov’t invalidates 86% of these stored value “cards” overnight…
-
invalidates cash, not card.
@paulg
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.