Interesting that having a way to fix problems - someone you can call for help - always seems to be left unsolved with digital currency.
> What happens if I lose my phone? Can I recover my funds?
> Our launch today only uses Ethereum testnet coins (not real money) in case this happens. However, you can recover access to your wallet by storing a backup phrase, or by choosing trusted friends (coming soon).
Also, the stated aim of helping the poorest sounds noble, but experience with charity is clear: poor people want solutions used by wealth countries, not a solution designed to be used by them. Banks and Courts can't be what the first world uses to fix problems, while we make a different system for the poor.
> What happens if I lose my phone? Can I recover my funds?
> Our launch today only uses Ethereum testnet coins (not real money) in case this happens. However, you can recover access to your wallet by storing a backup phrase, or by choosing trusted friends (coming soon).
Also, the stated aim of helping the poorest sounds noble, but experience with charity is clear: poor people want solutions used by wealth countries, not a solution designed to be used by them. Banks and Courts can't be what the first world uses to fix problems, while we make a different system for the poor.
https://www.ted.com/talks/timothy_prestero_design_for_people...