People assume only criminals can use SAFE Network when in reality if it were to work then anyone could use it. It’s definitely safer to store data in the cloud from a pure information security point of view.
But only if the cloud has the right encryption algorithms and is set up properly. SAFE Network has not been audited yet so the IRS would not and should not use it. But I do believe over time it can be made safe enough.
I don’t think this is true.