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> People just like the convenience, and cash is on its way out.

My favorite question that many of the people on this site love to ignore, what about natural disasters? Do you believe CC terminals still work when the rest of the infrastructure has failed?

Cash is far from on the way out, you’re being naive.



Sure, natural disaster occurs, then...maybe I have more things to worry about then having cash? If the POS is down at the store, the cell phone networks are surely down (since many POS these days are just cellphones attached to Stripe or similar), and I'm guessing your saying FEMA help won't come very soon, it will be everyone for themselves in the city? At least I won't be the only one suffering in such a DOOM scenario.

I also don't live in a place where natural disasters (like hurricanes) are very common. I imagine people in Florida or coastal Texas would have a very different view on things.


> If the POS is down at the store, the cell phone networks are surely down (since many POS these days are just cellphones attached to Stripe or similar)

People have calculators that tend to work and be accurate outside a POS. Many people can do basic math and add tax, and you hand them cash. Is this hard to believe? It comes from an era where a POS didn’t exist.

> I'm guessing your saying FEMA help won't come very soon

FEMA, National Guard, etc, stand up critical infrastructure first. This means hospitals, not storefronts. They also only bring in limited food. They feed some, no where near all.

> come very soon, it will be everyone for themselves in the city

hardly, for one National Guard is patrolling. You’re purposely being reductive here.

> I also don't live in a place where natural disasters (like hurricanes) are very common. I imagine people in Florida or coastal Texas would have a very different view on things.

So you, knowing you lack experience, blatantly state cash is on the way out when you now state there are some uses? What is your point exactly? Because a few people don’t need cash in the US clearly nobody needs it?


But with cash you can at least, you know, go down to the corner store and buy yourself a bottle of water. And maybe even something to eat.




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