Millions of people in Africa are using mobile money on their feature phones without the need for internet access. Up until now, they had no possibility to send and receive bitcoin. Now a service named Machankura8333 makes it possible to send and receive lightning bitcoin in Ghana, Kenya, Namibia, Nigeria, Malawi, South Africa, Tanzania, Uganda, Zambia on any mobile phone without internet.
The service is using USSD code, just like M-Pesa or EcoCash do. USSD stands for Unstructured Supplementary Service Data. USSD messages create a real-time connection during a USSD session. The connection remains open, allowing a two-way exchange of a sequence of data. Meaning you see a menu dialog where you can choose options by dialing codes on the phone. It works just like text messages without the need for an internet connection.
It's important to note that Machankura8333 is a custodial solution that doesn't offer a backup method (yet, I hope this will be added soon) and therefore you should use it only for daily spendings and not keep a lot of money on it. Here I'm showing how you can send bitcoin via USSD code to a lightning address on our Bitcoin for Fairness crowdfunding page on Geyser.fund with out the need to have an internet connection.
Based on: Bitcoin in Africa, Learn Bitcoin, Freedom Tech
The Bitcoin Whitepaper as published by Satoshi Nakamoto on Oct 30, 2008
My guest is Adam Back, inventor of Hashcash, cited in the Bitcoin whitepaper, and CEO of Blockstream, discussing his contributions to cryptography and building future internet infrastructure.
My guest is Andreas M. Antonopoulos, addressing common misconceptions and FUD surrounding Bitcoin, including volatility, energy consumption, wealth distribution, and risk of failure.
Subscribe to my weekly newsletter: The Orange Journal
Join my Bitcoin learning platform Crack The Orange and I'll give you all the tools and knowledge you need to use Bitcoin in a secure way.
Read my book (L)EARN BITCOIN