More like it shows dangers of using only one provider for almost all IT infrastructure.
…why not both?
Because if everyone used cash, schedule systems, records systems, communication systems around the world, breakdown still.
If there's a verity of software vendors used in these systems, and financial systems, you don't get simultaneous global breakdowns any more.
Basically. Using cash won't prevent this from happening. Using several interoperable software providers and systems will.
Using cash won't prevent this from happening.
I mean yeah, that’s why I said both, not just cash. I carry some cash on me because you never know. I’d also like to see less monopolization of just about everything because it makes for single points of failure. Diversifying your payment methods by including the potential for cash also helps.
There's more to it. The mono-culture is one thing, but rolling out the update to millions of computers on the same days sounds like a bad idea.
Fun fact in 2008, with nuclear submarines, the mono-culture was not that bad yet.
It's interesting to note the UK went with a Windows XP variant and not Windows Vista, which is marketed as the more reliable OS. The USA never made the same calculations: The American Navy runs on Linux.
Navy: "we use Arch btw"
*global IT outage shows dangers of monopolies.
Why do you hate the "free market"
One problem no one has mentioned, is that it also makes life a lot harder for homeless people. I guess they need to open a bank account and start writing their account number on a cardboard.
This actually reminds me of when I went to a restaurant a while ago. I had some physical money to spend, so I figured I'd take it with me and pay with that. At the end of the meal, while my friends paid with a card, I asked if I could pay with cash. Immediately, the waiter's demeanor changed and he looked almost... disgusted? I don't even know. Then he asked me in a tone that matched his expression if I didn't have a card, and I answered something like "Well, I do, but it would be more convenient for me to pay with cash, if that's okay". Then he, for some reason, repeated the question, and I answered similarly. He didn't say anything and just avoided looking at me. While a friend next to me was paying I asked again, "so, can I pay with cash?", and without looking at me, he just barely shook his head yes. So I paid with cash, and then I awaited my 3€ change back (in my country it's not usually custom to tip because waiters actually get paid full salaries). Eventually he came back with our receipt, but no change. I just left without saying anything - at this point I wasn't going to argue about 3€ - but I'm most definitely not coming back to that place.
Still don't know what the dude's problem was, but it did leave me wondering how are homeless people expected to pay for anything, if even a person who isn't homeless can receive such cold treatment just for choosing to pay with cash.
One problem no one has mentioned, is that it also makes life a lot harder for homeless people. I guess they need to open a bank account and start writing their account number on a cardboard.
And you need a permanent address for a bank account. Unfortunately, that's a feature of the cashless movement not a bug. Anything to make the lives of people experiencing homelessness harder.
In Europe it's so much more common to use cash than card anyway, that guy was a fucking weirdo
One problem no one has mentioned, is that it also makes life a lot harder for homeless people.
But to those who organise those systems, they're not consumers with disposable income or a credit line to spend. They are happy for them to fall through the cracks and people not using cash penalises them further by eradicating charity and widening divisions.
It is functioning as designed.
cashless society is a really stupid idea. it's not worth sacrificing privacy and stability for a tiny bit of convenience.
I don't understand why we can't have multiple forms of payment. I'll keep cash and cards so I have options
Does anyone actually want a cashless society though?
I don't carry cash for the same reason I don't carry my socket wrench. I use it for specific things at specific times but I don't need it day to day. That doesn't mean I think socket wrenches should be outlawed.
Maybe if somebody needs something we could just give it to them.
Socialist scum.
What are you going to say next, that housing is a human right? That food and water should be free? That the economic surplus should first go to the people in need?
Socialism!!! 🤮🤮🤮🤯🤯🤯🤢🤢😷🤒
Think of the shareholders!!!
No, that is not correct. Global outage shows the dangers of centralized systems would be a better headline. Monero Worked all day throughout the entire outage with no problems.
Define "worked" in this context. You mean their own infrastructure didn't crash? You certainly didn't pop down to the store and buying anything useful with Monero 😂
Even central currencies can work if you can make offline and peer to peer payments.
Not easy to pull off cryptographically, though.
Agreed. I would love to see a law requiring businesses to accept cash where possible. That sort of law already exists at state and local levels in the US, would like to see it adopted in the UK.
I think it is important to have cash as a backup.
A couple of years ago there were some issues with card reading terminals in Germany. Due to a faulty security certificate these card reading terminals were not operational for about a whole month. Many stores were affected, because they almost all use ones from the same manufacturer. The only reason why it wasn't such a big deal was that people were carrying cash around anyway and were able to switch the method of payment easily. Having cash worked as a backup.
One of the biggest rules in IT is always have a backup.
A cashless society has no backup.
What good is cash gonna do if the networked cash register doesn't open anymore?
They have paper and pens that they can track their transactions until the system is fixed.
A cashless society is so stupid beyond words. In order to create one you must also create a full surveillance society to protect it, and even that would be ineffective to stop it from being hacked.
Just to be clear we are a mostly cashless society and the majority of currency is not physically in existence around the world and somehow it manages to be protected by and large.
Totally. My petrol station allowed me to pay in seashells while everyone else were just standing around complaining, was kinda nice
It would be fine if not everyone had the same exact setup. Also you can have cashless payments why still supporting cash. They aren't mutually exclusive
Even cash breaks down pretty quickly in a hypothetical situation where you have something similar occur that lasts for an extended period. When banks' systems are impacted, how do I get more cash from my account with them when whatever amount I had when the system went down runs out? I haven't had a physical passbook for an account in a good 20 years.
One EMP and ** Poof ** It's all gone
Can't remember which one but credit cards were offline for a time with something and places that still had the carbon paper roller things stashed away took them out and used them. They should keep those things around.
Serious privacy issues around copying cards. That means the store has to retain a physical copy of the full embossed card number.
There were boxes full of them in the backroom.
Me, wanting to abolish currency entirely...
I’m not in favor of a cashless society but looking at how Apple and Google are pushing their wallets (and how practical it is) you guys need to come to piece with the fact that cash might die with the millennial generation. Most Gen X don’t have / want a physical wallet and money needs to be digital.
With that said, I believe this Crowdstrike fiasco just proved that the biggest threat to IT lies inside the companies themselves and on the managers who decide to use this kind malware without properly understanding the risks. Yes, I’ve said it and I’ll say it again Crowdstrike is malware, anything that messes with Windows at that level is malware, there’s no other description and shouldn’t be allowed by Microsoft to exist.
Im the Xer type with no smartphone and prefers the wallet. I remember so many shows or street people with paranoia would have the horror of government trackers but I find the horror of corporate trackers to be much worse and far to real now.
Achieving a moneyless society after one big overlong network outage.
I'm biased. I hate digital money for stalkerware.
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
In this community everyone is welcome to post links and discuss topics related to privacy.
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