> Because with a phone alone they need to store their keys locally. With re-keyed notes (or notes from family members who have re-keyed them), they can immediately store notes in a safe place without the problem of phone hacks or loss.
In a safe place, like a wallet? This seems dramatic unnecessary. You can lose cash. And itβs measurable how much easier it is to lose paper money compared to a phone.
Hard cash went electronic. Why would electronic cash go hard?
Because it's easier to understand and safely custody than private keys for the billions of people who know how to use cash but haven't encountered Bitcoin yet.
In a safe place, like a wallet? This seems dramatic unnecessary. You can lose cash. And itβs measurable how much easier it is to lose paper money compared to a phone.
Hard cash went electronic. Why would electronic cash go hard?