Theory of Everything on Nostr: There are places in the world where people still use natural resources more than fiat ...
There are places in the world where people still use natural resources more than fiat currencies to transact. In Sub-Saharan Africa a grandmother will grow a crop of tomatoes to trade for two chickens and 40kg of rice. She will earn 1.50$ per day otherwise. It would be great for her to use e-cash to make those transactions, But a 100$ smartphone is a serious investment for an elderly woman who relies on her 8 grandchildren to help her along in life. I am just stating it is worth doing some market research to find real world use cases.
Published at
2024-05-27 22:40:53Event JSON
{
"id": "4b453c886a2cfe0278f048c807968496bba320820b50b0c3a8667f670a167eb8",
"pubkey": "2b0ea532b3c3045d590c3dc982794d495d08bc497f554ccbcc30fcc8e9fbe2e9",
"created_at": 1716842453,
"kind": 1,
"tags": [
[
"e",
"0910fb236178adadcd1e84c0ce7696bc863aff6f5b5e4ee87dc6284b3fe030b1",
"wss://relay.primal.net"
],
[
"e",
"d9dc3f70499b7fca77fa0351fbab9cc91e4641d6c43568b4bec69be8d225243b"
],
[
"p",
"50d94fc2d8580c682b071a542f8b1e31a200b0508bab95a33bef0855df281d63"
],
[
"p",
"bc6ccd13a32f94d36564dac8f5963a0d69c583c9968341bbdf278b21f53098e4"
],
[
"p",
"50d94fc2d8580c682b071a542f8b1e31a200b0508bab95a33bef0855df281d63",
""
],
[
"p",
"bc6ccd13a32f94d36564dac8f5963a0d69c583c9968341bbdf278b21f53098e4"
]
],
"content": "There are places in the world where people still use natural resources more than fiat currencies to transact. In Sub-Saharan Africa a grandmother will grow a crop of tomatoes to trade for two chickens and 40kg of rice. She will earn 1.50$ per day otherwise. It would be great for her to use e-cash to make those transactions, But a 100$ smartphone is a serious investment for an elderly woman who relies on her 8 grandchildren to help her along in life. I am just stating it is worth doing some market research to find real world use cases.",
"sig": "df775916119f64f547548f020e9852b19ce54205d76d032c48ba52e67e09d85d58fe85713147f3924877ad709a4d598a50a7a010e0779151e1ad5eade4da6fa6"
}