• just_another_person@lemmy.world
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    2 months ago

    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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      2 months ago

      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.

      • rand_alpha19@moist.catsweat.com
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        2 months ago

        So do you use some kind of payment app that does a conversion or do you have to manually convert from Monero to fiat currency?

        Most retailers don’t accept crypto at the point of purchase so I’m curious as to how this would be convenient enough to use regularly.

    • helenslunch@feddit.nl
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      2 months ago

      Define “worked” in this context.

      You can still exchange funds as normal because no necessary components or intermediaries were affected by the outage. Only conventional banking systems.

          • just_another_person@lemmy.world
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            2 months ago

            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.

            • helenslunch@feddit.nl
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              2 months ago

              You can use it for all the same things you can at any other time, as I said. Still not sure what your point is.

                • shortwavesurfer@lemmy.zip
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                  2 months ago

                  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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                    2 months ago

                    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.