The cashless system only works as long as the electrical grid works
Replying to: Cashless system(works well in china) threatens US banks&credit cards -- Mao Nazarenus	Post Reply Forum

-Corsair-

08/25/2018, 20:44:04

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Once a war or natural disaster shuts off the power, who knows what people who have forgotten how to use cash will resort to. Similarly, a country like India that lacks reliable electricity cannot adopt cashless payment methods.

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No.Those fintech data centres have power backup system in case of power failure - Mao Clone 08-25 23:19 | 569 bytes | +1
- How long can your phone last without recharging? [no text] - -Corsair- 08-26 08:09 | 0 bytes | +1
  - Most power failures only last a few hrs;worsts might be a day or 2 [no text] - Mao Clone 08-26 08:59 | 0 bytes | +1
    - Not in the case of war or major disaster - -Corsair- 08-26 11:09 | 130 bytes | +2
      - That's what mobile solar-charger are for. [no text] - mutt 08-26 18:14 | 0 bytes |
      - In the case of war or major disaster,E-commerce is sure not on the priority list [no text] - Mao Clone 08-26 13:47 | 0 bytes | +1
        
        Unless the e-commerce vendor is also your e-bank, in which case you are screwed. [no text] - Canis Majoris 08-26 14:27 | 0 bytes |