Can Global Consensus cryptocurrencies be successfully used as a form of money? PDF (original)
Money Just Has to Work Money that won’t buy things isn’t just inconvenient; it is dangerous. Cryptocurrency based money, especially those based on global-consensus cryptocurrencies (basically, all of them) are especially fragile. Only during globally calm, disaster-free idyllic periods of history could they possibly pass as useful money.
What Happens When Disaster Strikes The CAP theorem claims: Consistency, Availability or Partition-tolerance – pick any two.