The way I read the article, the “worth millions” is the sum of the ransom demand.

The funny part is that the exploit is in the “smart” contract, ya know the thing that the blockchain keeps secure by forbidding any updates or patches.

  • ElectroNeutrino@lemmy.world
    link
    fedilink
    English
    arrow-up
    8
    ·
    1 year ago

    Good and services are still primarily purchased with fiat in most of the world. You need to be able to actually use it for it to be useful, so whether or not blockchain is theoretically better doesn’t matter there if there isn’t wide enough adoption.

    • shortwavesurfer
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      8
      ·
      1 year ago

      True, thanks to the internet if the good is not immediately available in my local area for crypto i can order it online and have it delivered. Depending on exactly what the service is makes that an option too.

      • Flying Squid@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        1 year ago

        Must be nice to be rich.

        Plenty of us can’t afford to order groceries to be delivered and Aldi sure doesn’t accept Bitcoin.

        • shortwavesurfer
          link
          fedilink
          English
          arrow-up
          1
          ·
          1 year ago

          Ever heard of instacart? They dont accept crypto, but you can buy their giftcards with crypto, order your aldi groceries, and go pick them up. Thats what i do anyway