Earlier quoted context omitted.
I’m not sure why you are being so hostile, but the GP is quite correct. Clock sync error is one of the most common reasons why credit card terminals fail to process a transaction. GPS is one of the most common ways to set up a clock, and whilst the terminals and ATMs usually don’t get GPS time directly but through an NTP server the NTP servers do set their time via GPS. Even if you have an atomic clock it’s usually s…
You cannot overdraw your account because your computers clock is wrong. You cannot overdraw your account because there is an issue with a credit card terminal around clock sync. This simply cannot happen. If it can, let me suggest that whoever is writing the account debit code wrap the balance check and debit in a transaction. You can easily stick a rackmount atomic clock in your data center. NTP can source from a va…
Rackmount atomic clocks still need a GPS signal today to be set or they have to be pre-set in a central location and then distributed.
Time syncing used to be a PITA and now it’s easy due to GPS so pretty much every protocol has a very narrow time tolerance. My work HP laptop drifts 3-5 min over the weekend of the VPN because it’s not set to an external time server and all hell breaks loose.
Yes civilization will not end over night but it would have a major impact we will find ways to get by but there will be havoc and the financial damages will be in the trillions heck the disruption to shipping and logistics alone would be immense nearly every one and every thing today is reliant on GPS either directly or indirectly.