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Living in Asia I've seen: - People's account getting skimmed without much recourse - Bank/Wallet service being unavailable/down for hours - Money being debited

Living in Asia I've seen: - People's account getting skimmed without much recourse - Bank/Wallet service being unavailable/down for hours - Money being debited into a black whole when transferring or paying, taking days or weeks to be refunded. Resulted in people being stranded, not being able to go home, not able to go to work, not being able to afford groceries, meal, medecine, rent... Absolute nightmare, removing cash will impact the poorest the most, it already does.

southerntofu 4y ago
I've witnessed the same situations in France. Many people i know don't have a bank account, have a negative balance due to bank shenanigans, can't pay online with their cards... or on the other side of the spectrum, asylum seekers credit cards can't withdraw cash and have to be used in approved venues (eg. supermarkets). Just my two cents to point out that this is in no way specific to a region or specific bank/government. This is a widespread problem when we let government/banks have control over our lives and means of survival.