this post was submitted on 20 Jul 2024
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Privacy

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[–] shortwavesurfer@lemmy.zip 38 points 3 months ago (28 children)

No, that is not correct. Global outage shows the dangers of centralized systems would be a better headline. Monero Worked all day throughout the entire outage with no problems.

[–] Username@feddit.de 12 points 3 months ago (2 children)

Even central currencies can work if you can make offline and peer to peer payments.

Not easy to pull off cryptographically, though.

[–] shortwavesurfer@lemmy.zip 3 points 3 months ago

True, but do you really expect them to let you use a central bank digital currency peer-to-peer and not have some way of revoking your access to it? If so, you're absolutely nuts, LOL.

[–] possiblylinux127@lemmy.zip 0 points 3 months ago (1 children)
[–] ReversalHatchery@beehaw.org 1 points 3 months ago* (last edited 3 months ago)

I remember reading it in its docs. It probably does, but it is sure it was planned

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