Riiiiiiiiight, deadgiveaway (sarcasm). Those billions of people that can't afford a pencil, never mind access to a semi-decent education, are all inherently "stupid". This is all about creating a new oligarchy of "high IQ" elites who'll be free to exploit and abuse the rest selfishly.... a marvellous step forward for humanity!
Thanks for your post. You've greatly enlightened me regarding the noble and egalitarian ideals of Bitcoin and cryptos in general. Feel free to label me a "faggot" too; not homosexual but not homophobic either, so I won't be offended in the slightest.
If this important piece of innovation dies... I won't hesitate to rest the blame squarely at megalomaniacs like you that seek to selfishly twist and corrupt it. No wonder Satoshi stayed anon and left the forum years ago... he's undoubtedly ashamed to be associated with the likes of you.
you mean those billions of people that can't read or write but love using their smartphone ?
The poorest (i.e. those "billions") can't afford high-end smartphones; they're using e.g. Series 3 Nokias for SMS and calls. That's why payment systems like M-Pesa, already widespread in parts of Africa, provide SMS-based interfaces for their users. Anyway; my objection was to deadgiveaway's assertion that anyone who doesn't understand cryptos is inherently stupid and not worthy of consideration. He sounds like another cryptonerd who's been raging at the world from his basement for waaaaaayyyyyyyy too long.
If the goal is to replace central-bank controlled currency (that serves the elite few) with a fair alternative, then it's the poorest and least educated in this world that should be right at the top of the priority list.