this post was submitted on 20 Jul 2024
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Privacy
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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.
... And if the systems you actually interact with go down, you can get fucked as well.
If you want to buy food with Monero and the payment processor for the local shop doesn't work, even if it's a local machine sitting in the back office, you still can't buy anything.
A local machine sitting in the back office, acting as a payment processor, is much easier to access and fix than the Visa Network.
Not for you. And certainly not for the staff working in the shop.
Currently, you're bartering with copious amounts of copium.