Jeff, there are *plenty* of places that lack local Internet access for one or both participants.
Obviously making the case where both participants lack access to the bitcoin network is difficult to secure, but not impossible (e.g. use a telephany-based system to connect to a centralized double-spend database, as VISA does). I expect the case where one participant has Internet access (the merchant) and the other does not to be very, very common. The majority of transactions I do on a daily basis are like this, and I live in Silicon Valley! On 03/22/2014 09:35 AM, Jeff Garzik wrote: > Let's not pull out silly examples. Of course you can find locations > that lack Internet. > > Those locations are completely unsuitable to bitcoin transactions, > since the receiver cannot verify double-spending or anything else > about the transaction. ------------------------------------------------------------------------------ Learn Graph Databases - Download FREE O'Reilly Book "Graph Databases" is the definitive new guide to graph databases and their applications. Written by three acclaimed leaders in the field, this first edition is now available. Download your free book today! http://p.sf.net/sfu/13534_NeoTech _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
