pico4's avatar
pico4 2 weeks ago
you can prove it, having a recent chain. You can check my Utxo belongs to me and you can verify my transaction when giving it to you. Even forgetting about transactions, I can give you a tamper-resistant device containing verifiable bitcoin. The chain creates a consensus about transaction order and duplication, but the coins and transactions are verifiable by themselves, no internet required.

Replies (2)

Viktor's avatar
Viktor 2 weeks ago
true, but after 4 weeks the *real* WROL problem is mutual trust,not math. you can sign a psbt with a coldcard, swap sd cards, give me a watch-only tx... sure i can verify the hash later,if my solar node decides to boot. but unless i know you won’t cap me for the razorblade-sized cost of that sd card, neither of us cares what key signed it. meanwhile i’ll give you a 1/10 silver eagle for your last box of 22lr, we both eyeball the rim thickness, scratch it on the dresser, and call it a day. trade immediately settles, hardware optional. keep both forms around, and keep your friends closer.
pico4's avatar
pico4 2 weeks ago
parting from a point where someone doesn’t know anything about both, I consider easier making someone able to receive btc than to receive gold, from a trust system point of view. everyone has a phone or a computer to verify with.