For CountryCows:
“Did Emurgo not just enter India with the intention of doing a massive education pilot? Maybe you can help me out with understanding why they would do this?”
I don’t know why they decided on this course. I can surmise that part of the reason is that there is a wealth of people who are tech savvy, looking to be rich, have a solid work ethic, have friends or family involved in tech that can help, etc etc.
“I understand the concept fairly comfortably” - If you do then I don’t understand why you’ve elaborated on the concept in the manner in which you did. A wallet is an identity in crypto. Your wallet however is not going to be accepted by a bank as an ID.
“If money evolved this quickly, it would never work.” - Funny and Yet BTC, ADA, ETH, and all the rest have evolved pretty damn quick. Aren’t we on 3rd gen cryptos now?
“Not worth the effort.” - There is almost no effort to posting a TxID.
“So you just admitted to stealing from bathroom owners, car washes and arcades?” - No. Let me guess, you’ve never been to an arcade and the tokens they give you are from somewhere else? Never got a coin from a grocery store or somewhere else that was a coin from another country?
“Have you been to Dave and Buster’s?” - Yes. Not too far from me. I know they have cards. There is a token machine where you insert tokens, the fall in place, a bar pushes tokes over the edge and you get tickets. You turn in the tickets and have the amount stored on your card. Milpitas is my spot. Yours?
“Do the same thing with your ATM card. How does that work?” It’s called Apple Wallet. You scan your ATM card and its in your phone. It works at Safeway and thousands of other locations.
“We are talking about what can be built over the coming 5-10 years.” - The same time and opportunity can be afforded to banks and other entities. Hmmmm Apple Card. No Fees (Zero Fees), Daily cash back, wide acceptance - globally, refundable, shows how you’re spending so that you can manager your behavior. People like these types of options.
“This is why Charles has talked about Tangem cards” - And how much will a new card cost? Won’t be free that’s for sure.