3 ms·

> when you are riding the happy path. You've mistyped "when you submit to the correct groupthink."

• 2000UltraDeluxe 4y ago
  It doesn't have to be that dramatic. Sure, abolishing cash is problematic from a civil rights perspective, but a simple thing like a payment major processor having a two-day outage would be disastrous in a cash-less society. Many proponents of abolishing cash seem to think that one can avoid outages by simply requiring that payment processors aren't allowed to have outages. Unfortunately, outages tend to happen even when they're inconvenient. And that's just technical issues -- add the risk of cyber attacks, acts of war, or the Sun ejecting a load straight in the face of Mother Earth, and it's not a matter of _if_ there will be an outage. It's just a matter of when and how we deal with t. Cash is a very good backup plan for such occasions.
  • BiteCode_dev 4y ago
    Indeed. Or even just economic crashes. If you have cashless society, the average human cannot easily remove it from the banking system in case the gov pulls out a Greek plan.
  • sportslife 4y ago
    I recently bought a roti on store credit when a major internet outage hit my city. The owner said he was out 1500-worth-of-sales for the day, recognized my friend as a regular, and wrote our names down in a book. We went back the next day to pay up. It was like visiting a retro store in the 90s.
• BiteCode_dev 4y ago
  It's that of course. But also: when there is not an outage, when your situation has a well known good solution, and so on.