this post was submitted on 21 Apr 2026
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For example: in Canada, the bank accounts of those who protested were literally frozen (for simply speaking out or being critical) and talks of potential CBDCs (aka. used to deduct funds from one's account as a fine) whilst considering on abolishing cash altogether.

The alternative (for now at least) may be Crypto (online) until they consider that "illegal" in the future penalizing those who are using it, framing that as money laundering or tax evasion, whilst pushing their propaganda of "tap & go is safe & convenient".

The answers are divided between:

  • "Cash is King" (it allows anonymous or "private" transactions between you and the merchant)
  • "Contactless" (convenient, but your purchases & transactions are monitored by the state)

Cash is apparently the last bastion of "anonymous" transactions where it doesn't appear on one's statement and one gets to keep their money without the state deducting it from their account since a nation's central bank has monopoly over CBDCs and one's funds.

That's not even the end of it: them trying to make BTC or equivalent illegal by making CBDCs the default replacing gold overnight, it would mean all those bills you have are worthless. At this point, the only payment method is CBDCs that are linked to one's digital ID.

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[โ€“] over_clox@lemmy.world 27 points 1 day ago (4 children)

In the event of a disaster where the power grid and/or data communication goes down, how the fuck you gonna buy groceries, or anything else for that matter? ๐Ÿค”

[โ€“] lucullus@discuss.tchncs.de 7 points 1 day ago (1 children)

In most cases this problem is already there, even with cash. One time the local supermarkets lost the connection to their backbone system due to a cyber attack. They did not sell a thing, not even for cash, as their registers were dependend on that connection.

[โ€“] WhyJiffie@sh.itjust.works 1 points 17 hours ago

where I live its mandatory for all sales to be registered live with the tax office

[โ€“] ExcessShiv@lemmy.dbzer0.com 10 points 1 day ago (1 children)

I'm not sure how card payments work in the US, but here the terminals have offline-mode where the purchases are just stored locally until it comes online again.

If there's a total blackout, having cash maybe be better (but absolutely no guarantee they're usable at the grocery store)...but there's a whole lot of other much more pressing issues in that case.

[โ€“] Aceticon@lemmy.dbzer0.com 3 points 1 day ago* (last edited 1 day ago)

My cash worked fine getting some extra groceries at the store when there was this Iberian Peninsula wide (so Portugal + Spain) daylong blackout the other month.

People without cash were screwed. Some were complaining of having no drinking water (because without power the water from the utilities was soon out as they couldn't run their pumps) and not being able to buy any because they had no cash to pay for it.

Also worked fine when we got hit by a freak storm that trashed lots of trees and plenty of roofs and took power down for 4 days, and I'm in a small city where utilities quickly got fixed - some people out there in small villages were still without power almost a month later.

Mind you, people paying by phone would be even worse - most phones run out of power in a day or two unless you have an external power bank to charge the phone (which I do, but most people don't).

None of this event was some giant deadly thing - the first was a loss of control on the Spanish side ofthe power grid that cascaded into a massive blackout as almost all powder generation ended up switched of and had to be brought up slowly block by block whist keeping generation balanced with consumptions and the second was a strong geographically very focused storm effect with high speed wins during the night that brought down power poles, including the high voltage power distribution ones.

There were no floods or more than a handful of deaths, just lots of topple poles and trees and roofs that lost tiles, so there weren't really any much more pressing issues than having no power and hence no water, with the former leading to unecessary extra problems for people who had no cash to buy groceries with (and because this was a highly focused storm event, there were no problems supplying the place with goods).

And this is far from the only situation were you're stuck without cash: for example banking systems going down means you can't pay with debit cards linked to accounts in that bank (a problem I've seen happen several times both here and when living abroad) and the banking payment system going down means you can't pay at all. The mobile network going down is also a problem because most electronic payment point of sale systems use it rather than landline. Beyond that there are all kind of issues linked to relying on a 3rd part entity for payments like the guy at the supermarket the other day whose just received replacement card wasn't activated so he he got to the till to pay a trolley full of shopping and couldn't.

In Engineering terms, cashless payments have a lot of external dependencies that cash payments do not, plus there is a natural "buffering" with cash (which you yourself can make deeper by having some cash at home) which doesn't exist with digital payments, making cash way more robust than digital payments when doing physically-present payments.

[โ€“] War5oldier@lemmy.world 8 points 1 day ago* (last edited 1 day ago)

That's where cash serves it's true purpose, as a payment method during that kind of scenario.

[โ€“] merc@sh.itjust.works 3 points 1 day ago (1 children)

Why do you think you'd be able to buy groceries with cash if the power grid goes down?

[โ€“] over_clox@lemmy.world 5 points 1 day ago (3 children)

Hurricane Katrina, 2 weeks no power and no internet or cell service. The local store was literally giving the cold foods away, as the coolers didn't work, but they ended up getting a backup generator in for basic power to the lights and pumps, and they had like a mile of cars lined up to get gas, and buy dry goods and canned goods.

This was back in 2005 ya know, in a small town flooded in and struggling. Even the people running the store were struggling, they had to resort to taking a tractor to work. But we all helped each other, and the store was glad to sell whatever viable goods they had, for cash, and kept up with everything on pen and paper.

they had to resort to taking a tractor to work.

I feel bad for the situation but TBH that's kind of badass.

[โ€“] swelter_spark@reddthat.com 2 points 1 day ago* (last edited 1 day ago)

And after Ida. No power for a month in some places. People were selling cooked food on the streets for cash. I'm sure if you were enterprising, you could buy/sell groceries the same way.

[โ€“] merc@sh.itjust.works 0 points 1 day ago

They could have just used the pen and paper with no cash.