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Mwalimu@baraza.africa to Privacy@lemmy.ml · 11 mesi fa

Global IT outage shows dangers of cashless society, campaigners say

www.theguardian.com

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  • technology@lemmy.zip
  • bitcoin@lemmy.ml
  • cryptocurrency@lemmy.ml
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Global IT outage shows dangers of cashless society, campaigners say

www.theguardian.com

Mwalimu@baraza.africa to Privacy@lemmy.ml · 11 mesi fa
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195
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  • cross-posted to:
  • technology@lemmy.zip
  • bitcoin@lemmy.ml
  • cryptocurrency@lemmy.ml
Cash provides essential fallback when digital payments break down, Payment Choice Alliance points out
  • just_another_person@lemmy.world
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    11 mesi fa

    Define “worked” in this context. You mean their own infrastructure didn’t crash? You certainly didn’t pop down to the store and buying anything useful with Monero 😂

    • shortwavesurfer@lemmy.zip
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      11 mesi fa

      Not that day I didn’t, but I have bought Domino’s several times this month, and I bought my groceries at the beginning of the month.

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        • shortwavesurfer@lemmy.zip
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          11 mesi fa

          There are businesses that specifically sell gift cards to retailers for Monero and when possible I search out and purchase from retailers who accept Monero. Https://monerica.com and https://xmrbazaar.com help with that.

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      • just_another_person@lemmy.world
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        11 mesi fa

        My point was more that using Monero as an example is probably not the best way to cryptobrah an illustrative point.

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          • just_another_person@lemmy.world
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            11 mesi fa

            Because you can’t just go and buy real world goods at will as with cash. If there’s ever a Carrington Event, your Monero is worthless in an emergency.

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              • just_another_person@lemmy.world
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                11 mesi fa

                Lol. How is your crypto gonna work without global peers and internet, friend?

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                • shortwavesurfer@lemmy.zip
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                  11 mesi fa

                  Paper wallets. It is definitely false that crypto requires the internet, because it does not. It’s more helpful if it has the internet, for sure, but it’s not an absolute hard requirement.

                  • just_another_person@lemmy.world
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                    11 mesi fa

                    Ha. Okay. How do you expect ledgers to get updated then? You’re aware that a blockchain can’t function without multiple distributed peers, right? That means power, and the Internet.

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