"...chaos caused by the global IT outage last week underlines the risk of moving towards a cashless society"
https://www.theguardian.com/technology/article/2024/jul/20/cash-global-it-outage-cashless-society-dangers-payment-choice-alliance
🔸Japan's govt acknowledged importance of cash in a nation prone to natural disasters when introducing new banknote designs, but:
"...exposure to Chinese cashless payment options has caused a sense of crisis in #Japan and a fear that the Japanese economy is falling behind"
https://eastasiaforum.org/2019/11/12/challenges-facing-a-cashless-japan/
🔸Doesn't completely explain the govt's push towards cashless society
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Minoru Saba (minorusaba@toad.social)'s status on Sunday, 21-Jul-2024 06:36:28 JSTMinoru Saba