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20 sats \ 2 replies \ @OT 31 Oct \ on: Sweden and Norway rethink cashless society plans over Russia security fears econ
I think cash will be around for a while too. We've seen banks and financial platforms experience outages of hacks. It makes sense to carry a little cash just in case. Even bitcoin requires (well, pretty much) an internet connection. And sometimes the internet goes down.
Right, internet is a bottleneck in the case of BTC.
A few, less than perfect, alternatives:
- Blockstream satellite
- Mesh networks
- Ham radio
- SMS using services such as Machankura