HTC hopes Exodus 1 phone will cash in on cryptocurrency

CNET | 2/26/2019 | Stephen Shankland
TaylorShaye (Posted by) Level 3
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HTC's Exodus 1 phone is geared for cryptocurrency fans.

The cryptocurrency frenzy has fizzled, but phone maker HTC hopes enthusiasm for the technology might sell a few phones -- specifically its Exodus 1.

Phone - Sale - March - HTC - Tuesday

The crypto-friendly phone will go on sale for $699 on March 1, HTC said Tuesday at the Mobile World Congress show in Barcelona. That's the price in fiat currency, the term for money created by governments and that cryptocurrency fans hope to make obsolete. Early purchasers already could buy it for 0.20 bitcoin, 5.23 ether or 16.23 litecoin, but right now it's not shipping to them until Thursday.

Why buy a cryptocurrency-flavored phone? It's tailored for the kind of folks who favor decentralization -- reclaiming power from corporate behemoths or government authorities. Cryptocurrencies and their underlying accounting mechanism, called blockchain, are geared for that kind of world, where you control not only your own money but also your own data and digital identity.

Want - Journalist - Network - Data - Time

Want to tip a journalist or use a social network that doesn't own your digital data? Now's the time, Taiwan-based HTC thinks. It's even got a decentralized chief officer, Phil Chen, to push the idea, and a handful of partnerships to try to make the technology easier to use.

But even if you like the sound of decentralization,...
(Excerpt) Read more at: CNET
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