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 😂
You can still exchange funds as normal because no necessary components or intermediaries were affected by the outage. Only conventional banking systems.
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.
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.
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.
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 😂
You can still exchange funds as normal because no necessary components or intermediaries were affected by the outage. Only conventional banking systems.
My point was more that using Monero as an example is probably not the best way to cryptobrah an illustrative point.
I don’t see how you were making that point.
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.
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.
Lol. How is your crypto gonna work without global peers and internet, friend?
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.
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.
Nothing happened to the internet
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.
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.
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.