TxTenna: a mobile app with internet-less wallet. Bitcoin FTW!
Will Crypto help us to get through economic crisis?
Stock Markets crash, some people urge to hedge into gold and Crypto:
Some ponder whether it is gonna be a new cycle of economic crisis worse than 2008 (or even than 1998, started in Asia); would the USD (and perhaps all other fiat) seize to exist, all astronomical debts of US signed off and entirely new global financial system emerge (perhaps based on "fiat-crypto"?). Crypto HODLers and speculators try to puzzle out what it's gonna be: a bull run or bear trend for BTC and all the Crypto? Many institutional investors (and no doubt a lot of banksters too) consider Crypto as a possible safe heavens. Ordinary people also buy land or real estate - after selling off their stocks. That's apart from Trade-wars (aka tariffs), ICBM tests, Telescopes gone offline, "Dedollarization", currency-wars, etc.
Meanwhile looks like some preparations made well in advance has finalized into finished product just in time for these turbulent times: TxTenna has already been launched!
... a mobile app that allows users to send bitcoin without an internet connection. Built in partnership with Samourai Wallet, the mobile app will enable users to send bitcoin using a secure and private network free of censorship...
“TxTenna demonstrates how decentralized mesh networking can both enhance the privacy and resiliency of Bitcoin transactions, and expand Bitcoin access to people living in areas without cell or wifi connectivity”
In terms of what this means for bitcoin users, txTenna will enable transactions to be sent and received with virtually 100 percent uptime. Once a transaction is signed in the mobile wallet, the offline transaction is passed to the TxTenna app and broadcast to nearby mesh nodes with a paired goTenna mesh device. The transaction is relayed by goTenna devices in the area until an internet-connected node receives it and forwards to the Bitcoin network.
To me it looks pretty bright and positive future though! I can't explain it, but somehow I get sort of a gut feeling that "Everything's gonna be alright..."
What do you guys think about it? Please do share your thoughts and opinions.
I mean: Isn't Crypto getting a step closer to being actually Decentralized?
Without being dependent on ISPs and such.
related: https://steemit.com/news/@smidge-tv/new-economist-cover-mystery-the-end-of-the-financial-world-bix-weir
coincidentally it has appeared in New posts on Steemit right after this my blog post, mere few seconds apart. so, apparently I'm not the only one who keeps track of current ongoing events in global economy and wonders what it's gonna be in near future.
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