This Machankura service is suitable for those whose ONLY gadget is a feature phone. Explain how you could use the Bolt card without a smartphone or computer?
Maybe if there was a service that would let you top up your account with cash, or something like that?
I think once Poncho or Fedimints are ready this would make much more sense. Uncle Jim would give you a Poncho account on his lightning node and a Bolt card to use it.
This means you can setup your own server that manages your own cards, that take money from your own lightning node, all without the need of any financial intermediary.
You can't verify the amount on the OpenDime without an internet connection. Why would accept an opendime from you if I have no way of knowing for sure how much bitcoin is on it?
If not everyone has Internet you could have public kiosks connected to the internet that verify opendimes. That way you could share the internet access basically.
It's just another way of using Bitcoin. The cool thing about it is that you can do it however you want, use any wallet you want, etc.
No phone at all, you can still use Bitcoin.
#56843
This Machankura service is suitable for those whose ONLY gadget is a feature phone. Explain how you could use the Bolt card without a smartphone or computer?
Maybe if there was a service that would let you top up your account with cash, or something like that?
I think once Poncho or Fedimints are ready this would make much more sense. Uncle Jim would give you a Poncho account on his lightning node and a Bolt card to use it.
Yup. Both of those are enticing!
The software to manage your bold cards is now open source: https://github.com/boltcard/boltcard
This means you can setup your own server that manages your own cards, that take money from your own lightning node, all without the need of any financial intermediary.
You can also use a service like ln.cash. More details on how to do this
Your answered your question I think.
Anyone with enough technical know-how can set up such a service.
No permission required.
The software is open source so you don't have to develop that, only customise it to your specific requirements.
The merchant would need a smart phone with NFC and Breez POS or similar.
There's also opendime, which uses physical transfer of an item as a way to transfer Bitcoin, so no need for Internet for the transfer.
You can't verify the amount on the OpenDime without an internet connection. Why would accept an opendime from you if I have no way of knowing for sure how much bitcoin is on it?
What you say is true.
If not everyone has Internet you could have public kiosks connected to the internet that verify opendimes. That way you could share the internet access basically.
It's just another way of using Bitcoin. The cool thing about it is that you can do it however you want, use any wallet you want, etc.