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Jack Dorsey building an app where you can send crypto P2P via Bluetooth

Posted on 7/18/25 at 7:53 am
Posted by stout
Porte du Lafitte
Member since Sep 2006
179431 posts
Posted on 7/18/25 at 7:53 am



quote:

This isn't direct Bitcoin on the blockchain, which requires internet. It's Cashu ecash: digital tokens backed by Bitcoin, stored on your device like cash. They transfer instantly via Bluetooth phone-to-phone, offline for the sender. No pending order—the receiver gets the actual token, redeemable online later with the mint for Bitcoin.


quote:

The app is called Bitchat, launched by Jack Dorsey. It enables offline messaging and Bitcoin transfers via Bluetooth Low Energy (BLE) mesh networks. Users pre-sign transactions in a wallet, then relay them peer-to-peer across devices (up to 7 hops). Transactions finalize on the blockchain only when a connected device broadcasts them. Available on iOS TestFlight and Android via GitHub.


Posted by HeadCall
Member since Feb 2025
5715 posts
Posted on 7/18/25 at 7:54 am to
Am I supposed to know what any of this means?
Posted by stout
Porte du Lafitte
Member since Sep 2006
179431 posts
Posted on 7/18/25 at 7:56 am to
It means you can hire a hitman in Bitcoin and it is now even more untraceable.
Posted by HeadCall
Member since Feb 2025
5715 posts
Posted on 7/18/25 at 7:57 am to
quote:

It means you can hire a hitman in Bitcoin and it is now even more untraceable.


Now this I can understand.

What about hookers?
Posted by stout
Porte du Lafitte
Member since Sep 2006
179431 posts
Posted on 7/18/25 at 7:59 am to
Especially hookers
Posted by HeadCall
Member since Feb 2025
5715 posts
Posted on 7/18/25 at 8:02 am to
Jack Dorsey, whoever you are, you’re an American hero
Posted by Scruffy
Kansas City
Member since Jul 2011
76542 posts
Posted on 7/18/25 at 8:05 am to
quote:

Especially hookers
Where does Scruffy invest?
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24909 posts
Posted on 7/18/25 at 8:05 am to
quote:

Jack Dorsey, whoever you are


Posted by CatfishJohn
Member since Jun 2020
18972 posts
Posted on 7/18/25 at 8:06 am to
quote:

Jack Dorsey, whoever you are, you’re an American hero



The founder of Twitter
Posted by rintintin
Life is Life
Member since Nov 2008
16964 posts
Posted on 7/18/25 at 8:07 am to
Elizabeth Warren may have a stroke.
Posted by LemmyLives
Texas
Member since Mar 2019
13343 posts
Posted on 7/18/25 at 8:08 am to
quote:

Users pre-sign transactions

What could possibly go wrong or be exploited here?
Posted by KamaCausey_LSU
Member since Apr 2013
17108 posts
Posted on 7/18/25 at 8:18 am to
So a centralized bitcoin backed digital currency, where Cashu is acting as the central bank.
Posted by Gnash
Cypress, Tx
Member since Oct 2015
9918 posts
Posted on 7/18/25 at 8:22 am to
But is he a Coldplay fan
Posted by Crow Pie
Neuro ICU - Tulane Med Center
Member since Feb 2010
27136 posts
Posted on 7/18/25 at 8:27 am to
quote:

It means you can hire a hitman in Bitcoin and it is now even more untraceable.
What flavor of soda can the hitman buy at the StopNShop with the bitcoin?
Posted by LemmyLives
Texas
Member since Mar 2019
13343 posts
Posted on 7/18/25 at 8:29 am to
quote:

Once a new transaction is verified and included in a new block, it will count as one confirmation. After an average of 10 minutes, another block will be created with that transaction, which will count two confirmation. Some services only require one confirmation, while some exchanges required 3 or more BTC confirmations.

It hasn't been useful for real time transactions for over a decade.
Posted by el Gaucho
He/They
Member since Dec 2010
58479 posts
Posted on 7/18/25 at 8:32 am to
quote:

It means you can hire a hitman in Bitcoin and it is now even more untraceable.

Everyone who likes crypto is a subway jared
Posted by XanderCrews
Member since Mar 2009
804 posts
Posted on 7/18/25 at 9:32 am to
(no message)
This post was edited on 9/8/25 at 8:21 am
Posted by LSUminati
Member since Jan 2017
4038 posts
Posted on 7/18/25 at 9:35 am to
quote:

Satoshi Nakamoto building an app
Posted by lsu777
Lake Charles
Member since Jan 2004
36669 posts
Posted on 7/18/25 at 9:53 am to
quote:


It means you can hire a hitman in Bitcoin and it is now even more untraceable.


very doubtful

bitcoin is 100% traceable. Its more traceable than standard bank transaction due to the block chain. sure there are some illegal ways around it but not many and you better be smart AF

i would imagine this new one would have its own block chain or it will never take off as it will never be trusted

cash is still prefreed method of payment by criminals.

Posted by boxcarbarney
Above all things, be a man
Member since Jul 2007
25639 posts
Posted on 7/18/25 at 10:05 am to
quote:

Elizabeth Warren may have a stroke.



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