Post
Topic
Board Off-topic
Re: Future of Bitcoin
by
Acidyo
on 25/06/2014, 18:59:09 UTC
Quote
Transactions in legal tender do not necessarily require any internet connection. But unlike legal tender, Bitcoin is necessarily associated with the internet. So, even maximum possible transactions in the digital currency are bound to be less than legal tender, at least in foreseeable future. However, as a medium of exchange and fund transfer, Bitcoin enjoys some distinct advantages over fiat money.

  Here is an article on the future of bitcoin. Would like to have community feedback on it...




Being able to easily transact without an internet connection is one of the advantages of cash over BTC at the moment, IMO.  It is a huge advantage of BTC to be able to make large transaction with BTC without suitcases full of cash though...

Would it be possible to find a way to send bitcoins offline?

The wallet making it so that it goes somewhere and is safe from double spend but the transaction won't go further until the person connects it to the internet at some point. But that the program would notify the receiver that the coins have been sent but are currently on hold til the owner connects to a network for the transaction to complete?