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by nix23
1287 days ago
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>After a while, businesses will simply stop accepting cash. So when you loose you smartphone/cards you cant buy another one, open your car, pay for a taxi or even sleep in a hotel because there is no chance to go home? Switzerland had 3 complete blackouts (1-2 month ago) for paying digital. So the sellers had to make list (and hope you come back later to pay it.). If your country just accept digital, you trust fully on digital infrastructure...i think we all know what a good idea that is. |
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Numerous places regularly have rolling blackouts now when power consumption is too high. And then there are the extended, involuntary blackouts that happen several times a year around the country due to hurricanes/blizzards ect. 100% Digital currency is never going to work in practice, now matter how badly authoritarian governments want to implement it.