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> "I currently don't have any internet service and just €15 in my wallet - I can't withdraw any money from the ATM," she added. from: https://news.sky.com/story/large-parts-of-spain-and-portugal... This is literally the whistleblowers about cashless society have been warning everyone about for well over a decade now.
And this is a trial for how a Carrington event will look like.
> "I currently don't have any internet service and just €15 in my wallet - I can't withdraw any money from the ATM," she added. from: https://news.sky.com/story/large-parts-of-spain-and-portugal... This is literally the whistleblowers about cashless society have been warning everyone about for well over a decade now.
I wonder if stores would be able to sell anything without power. My supermarket, for example, only has electronic cash registers. And no price tags.
> "I currently don't have any internet service and just €15 in my wallet - I can't withdraw any money from the ATM," she added. from: https://news.sky.com/story/large-parts-of-spain-and-portugal... This is literally the whistleblowers about cashless society have been warning everyone about for well over a decade now.
If anything, it shows how little use there is for physical cash , only as emergency backup
> "I currently don't have any internet service and just €15 in my wallet - I can't withdraw any money from the ATM," she added. from: https://news.sky.com/story/large-parts-of-spain-and-portugal... This is literally the whistleblowers about cashless society have been warning everyone about for well over a decade now.
Cash is not really relevant to this particular discussion. When the power is out one cannot pay with cash either - because the cash register is offline.
> "I currently don't have any internet service and just €15 in my wallet - I can't withdraw any money from the ATM," she added. from: https://news.sky.com/story/large-parts-of-spain-and-portugal... This is literally the whistleblowers about cashless society have been warning everyone about for well over a decade now.
Cash is not really relevant to this particular discussion. When the power is out one cannot pay with cash either - because the cash register is offline.
Earlier quoted context omitted.
This comment is Dunning-Kruger effect in action… Believe it or not, but maintaining an electricity grid is a massive undertaking, and the people in charge of it knows the topic much better than you do. The problem isn't a market problem, it's a physics problem: having a synchronized grid of AC current with many producers over a wide area is a real challenge, even when the underlying issue is resolved it takes a lot o…
Having such interdependent grids seems like a market or political problem not a physics problem to me.
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Where? This is the first I have heard of it.
I was an an adjacent area at the time and iirc we were saved by our nuclear operator releasing some insane amount of steam to bring the supply down and avoid more overloading.
Earlier quoted context omitted.
I wonder if stores would be able to sell anything without power. My supermarket, for example, only has electronic cash registers. And no price tags.
Many situations call for pen-and-paper backups. Giving out receipts the old way should, in theory, be a possibility, then backfill the computer system later.
This is actually exactly the case that I had in one trip to Andorra: the power was down for 2 hours while we were choosing equipament for skiing. The shop had no issues getting our orders done though, because they just manually filled the orders with pen-and-paper and did the payment with a credit card terminal connected to a smartphone.