this post was submitted on 21 Jul 2024
33 points (90.2% liked)

Technology

1403 readers
366 users here now

Which posts fit here?

Anything that is at least tangentially connected to the technology, social media platforms, informational technologies and tech policy.


Rules

1. English onlyTitle and associated content has to be in English.
2. Use original linkPost URL should be the original link to the article (even if paywalled) and archived copies left in the body. It allows avoiding duplicate posts when cross-posting.
3. Respectful communicationAll communication has to be respectful of differing opinions, viewpoints, and experiences.
4. InclusivityEveryone is welcome here regardless of age, body size, visible or invisible disability, ethnicity, sex characteristics, gender identity and expression, education, socio-economic status, nationality, personal appearance, race, caste, color, religion, or sexual identity and orientation.
5. Ad hominem attacksAny kind of personal attacks are expressly forbidden. If you can't argue your position without attacking a person's character, you already lost the argument.
6. Off-topic tangentsStay on topic. Keep it relevant.
7. Instance rules may applyIf something is not covered by community rules, but are against lemmy.zip instance rules, they will be enforced.


Companion communities

!globalnews@lemmy.zip
!interestingshare@lemmy.zip


Icon attribution | Banner attribution

founded 1 year ago
MODERATORS
 

Cash provides essential fallback when digital payments break down, Payment Choice Alliance points out

you are viewing a single comment's thread
view the rest of the comments
[โ€“] xyguy@startrek.website 0 points 4 months ago (1 children)

So does writing down a card number or writing a check or even the dreaded IOU. Double also, if things break like they did on Friday, ways to get cash(ATM, tellers at a bank) will also be impacted as well as the things that you might spend cash on (gas pumps, cash registers etc).

I dont think that cashless needs to exist and having paper currency is useful in a lot of cases but in 2024 the idea that cash is the solution to much of anything is a little silly.

[โ€“] LobYonder@monero.town 2 points 4 months ago* (last edited 4 months ago)

I don't know of any shop or street/market trader that will "write down a card number" or accept a written IOU from a random customer. In Europe cheques are practically extinct. When electronic systems or banks fail, cash is the obvious and generally the only working solution "in 2024".