Topic: Bitcoin investment is limited - page 2. (Read 589 times)

Yes, Braille system is already used on several traditional banks ATMs, but my perception is that most blind people still need human guidance when doing bank transactions because they weren't educated in Braille system since they were younger. It's something that changes slowly as education plays a bigger role in disabled people's lives within the new generations. For this reason I expect blind people won't have issues when dealing with crypto in the future.

Another good idea as mentioned are the voice commands, however they still need a lot of improvements in technology and artificial intelligence to make it possible to have a safe and smooth experience, especially because we are talking about personal finances.

-It depends into their determination on engaging with bitcoin,physical problems might be a hindrance but wont really remove out  that possibility.

-This doesnt exclude anyone even to those who do have disability even that blind person.He could still make engagement.

-It might be hard but doesnt mean that they cant really learn up something on it.As long the other body parts of your body could able to
determine which thing is good and bad or do able to understand it then that what really counts.

I think Bitcoin is for everybody, indeed for individuals who do not locate. He can inquire somebody who will offer assistance him send or get bitcoin, and indeed he can inquire that individual to form a exchange for him. It needs an exertion for people to utilize bitcoin, which isn't approximately something that he doesn't have in himself. Bitcoin could be a apparatus like fiat cash that we as of now know. I am beyond any doubt there's a way for individuals who can't see to utilize bitcoin, whether they inquire other individuals or whatever they can, to utilize bitcoin.It is superior for modern era to know approximately Bitcoin and discover ways to urge monetary opportunity through Bitcoin.

The recent Bitcoin rally has brought about a stir in the market. Due to its good returns retail investors are investing in this new asset class now more than ever.Bitcoin is the first and most popular cryptocurrency or digital currency in the world. It can be used as both a mode of exchange (money) and a store of value (investment vehicle).

very touched what you tell. and I am even more excited, that our duties as perfect humans are endowed with eyes that can still see, ears that can still hear, hands that can still embrace. let us show the world that bitcoin and cryptocurrency are friendly to all human groups regardless of the shortcomings. our task is very tough, but that is what we have to do, where we carry out the mandate to be able to contribute to each other that is currently being cultivated in the crypto field. Naturally, we, the next generation of Satoshi, have a mandate to be able to prosper our brothers who have limitations.

The recent Bitcoin rally has brought about a stir in the market. Due to its good returns retail investors are investing in this new asset class now more than ever.Bitcoin is a decentralised digital currency that cannot be controlled or altered by any individual or organisation because no single entity owns the network.

bacon is a yummy food but its not limited but bitcoin is .

btc doesnt fly to reach a country but its the country that can come to btc if they want to accept it and not all country accept btc so far therfor not all people can invest in btc

like op sad it wasnt unli and like i said it wasnt too because theres only 21 million supply of btc . every btc investors have a different strategy and not all can buy anytime but checking the price is essential not just in the past

Bacon is not limited. It reach all country people. So any one to invest in the Bitcoin. Bitcoin is unlimited investment. So people invest in the Bitcoin all time. It any time to change the price. people befor invest in the Bitcoin checking the market price every time . So time to sell and buy the Bitcoin. It any time to change

The problem is not bitcoin but the technology that is used in it, if the technology isn't built to cater everyone even those with disabilities. The problem with blind people navigating bitcoin is that they need assistance which could be risky as the assistant can just mislead the blind to the point of stealing the bitcoin that the blind is planning to invest in. Voice interaction could be a big help and but this is also limited.

Bitcoin has no prejudice. Bitcoin prefers no race, religion, or person. It is freedom. This and the fact that it requires no trust is why I love it so much. As soon as there is human interference things go "wrong" or go "missing".

Talking about blind people. Maybe bitcoin is better than using notes? When you scan the qr code the person has it will tell you what the details and amounts are. Maybe with banknotes, you give the wrong one day? I know they different sizes but for someone blind giving someone, the wrong note can happen if you in a rush or something, think about it. So having a QR code that announces out with a voice what the details are is really helpful. You can also enable safeguards for the blind person which will also increase security. For example, they must say a certain word with their own voice in order to fully confirm a transaction before going out.

I have not given this topic much thought and I am glad you have brought it up. It is important for us to help others and #payitforward. Let's use bitcoin and crypto for the betterment of the human race. Freedom = happiness. A Tyrannical government does not.

I agree with you that voice recognition is the best way out for the blind with bitcoin investment intent but, still the issue of safe transactions is always going to be an issue, having a third party supersede over all your transaction process puts you directly in the way of harm as, you just might not be so sure of what volume is sent or received at any point but, there could be a way out.

The programmable bot that goes by the name Siri is widely used now in many appliances and technological innovation and has been known to be quite useful and efficient in voice recognition and command, it could offer some possibilities but still, the issue of security poses a threat that can't be over emphasized.
You have a point there but, the fiat can be easily analyzed and identified by a blind man. It might interest you to know that, in situations of disabilities, other parts of the body is developed to fill in the function of the missing parts. Blind people's touch or sense of feel, hearing and mind works like magic (If i may borrow that word). So, having fiats stationed for them in a particular pattern, lets say, arranged according to a particular bill and placed differently, the shape volume and pieces they touch makes meaning to them and they could from there calculate how many they've spent and balance off. Not necessarily going to the ATM at any point to transact.

Perhaps one day, there would be such advancement in the system to accommodate them and no one is blaming bitcoin for being bitcoin. You know, at some point i wondered, if bitcoin were to have a tangible physical form and i had to call myself back on the note that, at this point, it stops being a cryptocurrency. It assumes the fiat system of function like mare debiting one account to credit the other while in a network of systems.

Then again, it's just feels so sad that though willing, some can still be left out!

What I realized from your post that how Bitcoin is usable for everyone where a blind man couldn't use it. First of all, this problem is God-gifted, we can't change that by our emotions. Do you think they are just limited to use cryptocurrency? They aren't limited to use fiat? Isn't complicated for them to maintain a bank account and ATM cards? They wouldn't act like a normal human to maintain it. I don't know if there is any easy or special way to maintain such things for a blind man. For that, we can't say fiat isn't usable for everyone. Technology developing day by day, perhaps there would be something where everyone would use Bitcoin once a day. But we shouldn't blame Bitcoin for that. It's just a matter of Technology.

I am not really informed about how a visually impaired man manages his finances. My guess is that it has a personal assistant - either family or a government worker.
I don't think it is about what Bitcoin can do for them, but more likely a challenge to be solved by entrepreneurs. If Bitcoin actually goes mainstream and is used on a massive scale, I don't think it woud be hard to create a wallet application or device that is navigated entirely by speech, face and biometric parameters. Implementing the braille language is also an alternative.

Its our duty to save our private keys and seed phrase like we keep safe our CVV of cards and password of net banking if someone accesses these details can easily empty our bank Ac but still I agree with you its tough for a blind to person to keep it safe. Sadly it's challenging for the blind person to use this as fiat currency and I must say I am really impressed with your deep thoughts. Yes, in this huge crypto market only some fortunate investors successful here so an ordinary man is afraid of this risky market and fortunate people are those who keep patience.

This is not the sad limitation of Bitcoin but of technology going digital, unfortunately.

I remember also some countries are trying to go completely cashless (being that all money should be digital) but then this ignores that it would immediately put out of business millions of people who rely on cash because they don't have smartphones and internet to use digital money.

I think you have good points, but this is not Bitcoin this is digital tech, so we need to find a way to fix access for the disabled for digital tech:)

That's is a sad reality, handicapped cannot access bitcoin especially those blind people, wherein the most important for people to access cryptocurrency is sight. As time goes by, our generation became more technology-based and a lot of businesses and companies are looking for or implementing bitcoin as a means of payment, so the problem about it, how those blind people can do it when they cannot see anything. I am still hoping that there would be a solution for that thing in the future.

There is already a link at the top comment talking about how a blind people can access cryptocurrency mentioned by Baofeng, that link seems so useful.

It has amazing future for every type of person that breathes on this earth.

You are just exaggerating the whole stuff by stating that Bitcoin is digital and it has no physical appearance which gives it limitation to be used by the mankind which is physically challenged.

Presence of physical currency does not mean it will have unlimited access.

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Bitcoin / Crypto currencies are dome of the new era.

I am thinking of completely opposite case as what you portrayed here! The implications of bitcoin are huge and are limitless. The digital appearance of the bitcoin gives it different ways of using it.

At this very moment I could think about the infrastructure which can be used to overcome the current problems of using bitcoin.

For a blind you can have audible AI bot who will make the transaction for him. May be there would be applications who will confirm the private keys or passcode or access based on the voice recognition. May be he could transfer the crypto currencies from the booth where he will be given access with his palm scans and it's validity.

This is no sci-fi since more advance technique already exists which just needs to be implemented with the thought of using Crypto Currencies.

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There are more Government schemes for the physically challenged as compared to the normal people. They exists for the traditional banking and I am sure the day we see bitcoin as valid currency (routine use) then we will have more ways of spending them and accessible ready for challenged people.

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Yes, this is the case today with traditional banking too!



We know very well with what they are suffering. Some of the countries have world class facilities for them and some countries sadly don't!

Continued edit...


Exactly! An audible Bitcoin ATM or even mobile application can do miracles for such people.
Even great thing is you dont have different coins and you dont have memorise any currency form here.

All you will have to say to your application that Send 2 bits with Economic fees Xyz and send to recipient 1, 2, 3 (name).
The addresses can be scanned by the shop owners and saved with specific names so that the challenged user next time can give commands accordingly.

For the peer to peer transfers one can request bits from their address and that can be conveyed to the challenged person in audible message. Then user can approve the request or decline the same.

So many things are there which can be made easy with the Bitcoin use / Digital use. It's just that we dont have approach in that manner yet. 

in the UK we have it lucky coins are different shapes and sizes
1p,2p,5p,10p thin round and different diameters
20p,50p mid thick, hexagonal and different sizes
£1,£2 thick and different sizes

bank notes are different sizes too. making it alot easier to identify physical money compared to say america

however when it comes to online trading of stock markets, ebay online groceries, bitcoin. there is actually accessibility options to turn text into sound. so anyone just wanting to use a computer that is blind wont see any problems as they are already set up. and so then deciding to trade online. is not much of a leap

however a blind person going from UK to america only using physical money. will find problems trying to understand the new form. that is less unique(us bank notes all same size).

yep digital money is actually easier for the blind when buying things online internationally compared to physical trading internationally

Yes,the crypto industry is limited for the disabled people,but can you answer these questions:
Is it easier for physically challenged people to use fiat money(cash)?
Is it easier for physically challenged people to trade on the stock markets?
Is it easier for disabled people to use gold or any other precious metals?
Disabled people are facing difficulties everywhere,so it's pointless to put the blame only on the crypto industry for being not enough user friendly for disabled people.

It's not but the community are making it limited. I remember seeing a thread about a new hardware wallet that offer the opportunity of our figure print to be used to unlock the wallet and it was criticize heavily. When behaviors like this comes form the community, it discourages developers from using their innovative mindset to bring out new development and trending ones too to the industry.

The blind or special attention individuals aren't firgetten but first lets achieve the global adoption from those without special attention. If weren't able to get the average joe to use bitcoin then how then do we expect that Joe with a disability to make use to bitcoin?.

With time, when the technology has gone global, development will be made to incorporate features like voice recognition that can be used to buy and sell on our Personal wallets and this too can be used to add security/unlock our wallet or probably face recognition, etc.