• Squizzy@lemmy.world
    link
    fedilink
    English
    arrow-up
    12
    ·
    8 months ago

    Why Monero specifically?

    Also the nation is impoverished, mobile devices, tech education and the electricity grid are all concerns.

    • shortwavesurfer
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      16
      ·
      8 months ago

      Why Monero specifically?

      Because it is fully priblvate unlike other crypto and since it actually is used as money the volitility is reduced. Not eliminated, but reduced.

      As long as you can scan a QR code you can use it, but the power issue could be an issue. You could trade monero offline by isduing paper wallets with monero loaded and the private key obscured via a scratch off or other method where its easy to notice if the private key has been revealed for redemption on chain.