Team,

I have went through mountains of text, read through the white papers and the various opinions from CNN to CNBC to RT on Youtube over the past two years watching this grow and making an early bet it would take off purchasing both the Casascius Coins on ebay years ago and mining early on for months, (good ole slush pool). Now that bitcoin and crypto has a ton of momentum, one point is still bothering me for widespread adoption...

Even if widespread acceptance becomes a reality how do you account for the physical function of money for individuals less fortunate that's concept of money and its exchange is one of physical transfer of a paper currency. There are millions of people that even to this day do not own smart phones, get on the internet or really tend to any other concept of currency short of the dollar bills and change in their pocket.

Now i understand this is not a overnight change; a change like this is fundamental down to the entire core of moving from a physical to electrical exchange in all aspects (i.e buying a soda at a vending machine to buying scalped tickets from a guy outside a football stadium)

There is a lot of basic rules of engagement that have not been ironed out on that standpoint imo that still need to get flushed out.... What are you're opinions on this obvious issue?


Use Case Example:
I am outside a football game, walk up to a scalper ... he says tickets are 0.5 btc, i accept and transfer funds via cellphone in front of him, he checks his, sees its legit... then turns around to walk away without handing me tickets (no reverse transfer) ...

Now obvious anwser (dont buy from scalpers, check)

Other obvious anwser (you have same problem with cash, but in that instance I can kick his leg, knock him down, beat the shit out of him and get my cash back along with the tickets for trying to jack me; that doesnt work if i dont know his password on his phone after I get it back from him)