Earlier quoted context omitted.
> All my money is electronic Yes, one positive aspect of these types of events is that the hazing against the cash-first minority worldwide has ebbed slightly. Sweden seems to be backtracking from their cashless push due to the threat of Russian cyberattacks as well. In related news, high-speed trains appear to have been sabotaged in Spain today, causing transportation chaos again. This happened while they have not b…
> hazing against the cash-first minority That's...a pretty strong opinion. Otherwise cash will still have it's issue during a blackout. For instance I'm not sure most shops would operate their POS during a blackout or without any connectivity, at least if there is any hope of resuming normal operations within days, it would screw the ledgers. ATMs of course are dead. Vending machines are also probably not ready for t…
I'll go out on a limb and say it's only a strong opinion for anyone who isn't familiar with trying to use cash exclusively for all physical transcations under 1000 dollars in their day-to-day lives.
In London, they have tube stations with a single coffee stand on the platform that's card-only. It's a fucking outrage in my humble opinion. and just another form of debanking, pure and simple.