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5 sats \ 2 replies \ @optimism 13 Jun \ on: Dutch citizens advised to keep cash on hand in case of emergency bitcoin
It's funny because I was in NL not too long ago and 70 EUR for an adult to survive on for 3 days, especially when including food and transportation costs, is on the low end under normal circumstances, so I don't see how that is sufficient if there are actual problems that could make prices go up.
I just looked it up and the minimum wage is 14.40 so perhaps, if you're planning for a 72 hour blackout, 72*14.40 rounds down nicely to 1000, which sounds more reasonable as an emergency stash. However, I don't know if holding large amounts of cash is still legal there, I've had some friends that live there complain about that.
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105 sats \ 1 reply \ @south_korea_ln OP 13 Jun
Guess it's more symbolic than anything. Tell people not to become complacent. Make sure they support their government if they suddenly want to increase military spending to 5% of GDP. If things really break down, people will get creative. Same as when sanctions cut Russia off swift... they figured ways around it.
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5 sats \ 0 replies \ @optimism 13 Jun
Right, I dug a little deeper and the original publication cited was more interesting though, it calls for merchants to accept "more than one payment method":
If you have a supermarket, shop, petrol station, hotel, restaurant, café, market stall or other point of sale establishment, it is a good idea to accept multiple means of payment, so that your customers can always pay. This makes your point of sale more resilient to disruptions in the payment system.
It's perhaps not a stretch to narrate on top of this? The only limit is what we don't try.
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