this post was submitted on 21 Jul 2024
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Cryptocurrency

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Global IT outage shows dangers of cashless society, campaigners say (www.theguardian.com)
submitted 2 months ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 3 points 2 months ago* (last edited 2 months ago) (1 children)

No, this would be better if the headline where IT outage shows the dangers of centralized systems because that would be more accurate. The monero network kept chugging along all day with no problems.

[โ€“] [email protected] 1 points 2 months ago

True, but if internet connection for some reason crashes in some part of the world you still can't use crypto there, so cash is still not useless (and probably shouldn't ever be).