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Simkojn – offline verifiable currency using simcards

2 pointsby supernihil8 months ago

4 comments

geenkeuse8 months ago
Meanwhile, here in South Africa, our intrepid criminals are making their own simcards, by the bucketload..<p><a href="https:&#x2F;&#x2F;www.citizen.co.za&#x2F;sandton-chronicle&#x2F;news-headlines&#x2F;local-news&#x2F;2024&#x2F;06&#x2F;17&#x2F;counterfeit-sim-card-factory-busted-in-sandton&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.citizen.co.za&#x2F;sandton-chronicle&#x2F;news-headlines&#x2F;l...</a><p>For fun - Put that phrase in Google. &quot;No chill in Mzanzi&quot;
supernihil8 months ago
When thinking about offline currency and simcards we identified the following:<p>verifiable centrally issued identifier printed on card and can be verified by inserting into any phone<p>coin-like small physical tokens<p>offline verification processes could be as simple as a distributed poster with whitelisted id&#x27;s<p>distributed and decentralized bootstrapping based on trust in accepted id&#x27;s.
nomisssssss8 months ago
As you know this is imho a cool idea. I&#x27;m thinking, what hinders the barista in usecase 1 from using the received simkojn in the cash register?<p>Isn&#x27;t some sort of removal of cards from the list necessary?<p>Maybe I&#x27;m missing something...
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popcalc8 months ago
The AI generated graphics really cheapen your effort.
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