We won't be seeing a BRICS currency any time soon
(www.nakedcapitalism.com)
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I work in IT for a bank and agree that account reconciliation is complex. However once you have it set up and all the connected financial institutions pretty much share the same ways to do it then in the absence of "impacting events" (network outages etc.) then everything rolls on in an automated way. With hundreds of millions of transactions per month per acquiring bank there is no other option.
I'm on a team which investigates "why something went wrong" at an individual level. For example you buy something but get charged twice, whatever. There is not that much volume of these and we're not a large team.
I do agree with her that the infrastructure is difficult to implement, plus those countries who want to be free of the dollar are subject to infighting and corruption, but as you say, Bitcoin managed, XRP still going strong, so does sound a bit like 'nothing to see here'.
Bitcoin and XRP only work because thus far large governments have mostly left them alone. If the Country you live in decided Bitcoin was being used to avoid sanctions or finance terrorists and intervened it would stop working so well for you.