Rumors, fud and general fear of regulation, bans and censorship. Is it possible?
At the Scaling Bitcoin Conference held at Stanford University, Bitcoin pioneer Nick Szabo and former Stanford engineer Elaine Ou introduced a working method of securely sending Bitcoin transactions over radio signals.
Jameson Lopp, the lead engineer at BitGo and prominent Bitcoin developer, revealed that the presentation of Szabo entailed their successful tests of sending Bitcoin transactions using weak signal HF radio, by operating a Bitcoin SPV client.
Similar to the Bitcoin satellite transaction broadcasting technology developed by Blockstream, the settlement of Bitcoin transactions through HF radio signals can be more inefficient in comparison to processing Bitcoin transactions normally, over the internet. However, one advantage of using radio signals and Bitcoin satellites to settle transactions is its ability to reduce censorship and circumvent internet restrictions to send and receive Bitcoin.
In August, Blockstream, a blockchain and Bitcoin development firm, introduced the Bitcoin satellite technology with a shared vision of eliminating censorship and internet resistance in using Bitcoin as a store of value and a digital currency.
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https://bitconnect.co/bitcoin-news/800/nick-szabo-developed-a-method-of-sending-bitcoin-transactions-over-radio/
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.coindesk.com/bitcoiners-finland-send-cryptocurrency-radio/&ved=2ahUKEwiWt_6Z14jaAhXK7VMKHYLvDyUQFjAAegQIBxAB&usg=AOvVaw3wQJtppiw5wMUOBQQ9lkf8
That's really interesting thanks for sharing. I wonder how difficult it is to do?
Not aware of all the intricacies of using this approach. One thing for sure decentralized cryptocurrencies can be plagued by fake news but cannot be censored nor can it be stopped! No problem glad you found it useful when i learned of it i was fascinated by it.