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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://toad.social/users/minorusaba/statuses/112820970197402656">Minoru Saba (minorusaba@toad.social)'s status on Sunday, 21-Jul-2024 06:36:28 JST</a><a href="https://toad.social/@minorusaba" title="minorusaba@toad.social"><img src="https://gnusocial.jp/avatar/139443-48-20230930221108.webp" width="48" height="48" alt="Minoru Saba" style="position: absolute; left: 0; top: 0;">Minoru Saba</a></section><article><p>"...chaos caused by the global IT outage last week underlines the risk of moving towards a cashless society"<br><a href="https://www.theguardian.com/technology/article/2024/jul/20/cash-global-it-outage-cashless-society-dangers-payment-choice-alliance" rel="nofollow noreferrer">https://www.theguardian.com/technology/article/2024/jul/20/cash-global-it-outage-cashless-society-dangers-payment-choice-alliance</a><br>🔸Japan's govt acknowledged importance of cash in a nation prone to natural disasters when introducing new banknote designs, but:<br>"...exposure to Chinese cashless payment options has caused a sense of crisis in <a href="https://toad.social/tags/Japan" rel="tag">#Japan</a> and a fear that the Japanese economy is falling behind"<br><a href="https://eastasiaforum.org/2019/11/12/challenges-facing-a-cashless-japan/" rel="nofollow noreferrer">https://eastasiaforum.org/2019/11/12/challenges-facing-a-cashless-japan/</a><br>🔸Doesn't completely explain the govt's push towards cashless society</p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/3405077#notice-6697513">In conversation</a><time datetime="2024-07-21T06:36:28+09:00" title="Sunday, 21-Jul-2024 06:36:28 JST">about a year ago</time> <span>from <span><a href="https://toad.social/@minorusaba/112820970197402656" rel="external" title="Sent from toad.social via ActivityPub">toad.social</a></span></span><a href="https://toad.social/@minorusaba/112820970197402656">permalink</a><h4>Attachments</h4><ol><li><article><header><div>Domain not in remote thumbnail source whitelist: i.guim.co.uk</div><h5><a href="https://www.theguardian.com/technology/article/2024/jul/20/cash-global-it-outage-cashless-society-dangers-payment-choice-alliance">Global IT outage shows dangers of cashless society, campaigners say</a></h5><div> from <span>https://www.theguardian.com/profile/james-tapper</span></div></header><div>Cash provides essential fallback when digital payments break down, Payment Choice Alliance points out</div><footer></footer></article></li><li><article><header><div>Domain not in remote thumbnail source whitelist: eastasiaforum.org</div><h5><a href="https://eastasiaforum.org/2019/11/12/challenges-facing-a-cashless-japan/">Challenges facing a cashless Japan</a></h5><div> from <span>https://eastasiaforum.org/wp-content/themes/carbonate/humans.txt</span></div></header><div>Driven by a fear of falling behind, cashless payment has become key to reviving Japan’s reputation as a technology leader.</div><footer></footer></article></li></ol></footer></blockquote>

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Minoru Saba (minorusaba@toad.social)'s status on Sunday, 21-Jul-2024 06:36:28 JST Minoru Saba
"...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
In conversationabout a year ago from toad.socialpermalink
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1. Domain not in remote thumbnail source whitelist: i.guim.co.uk
  Global IT outage shows dangers of cashless society, campaigners say
  from https://www.theguardian.com/profile/james-tapper
  Cash provides essential fallback when digital payments break down, Payment Choice Alliance points out
2. Domain not in remote thumbnail source whitelist: eastasiaforum.org
  Challenges facing a cashless Japan
  from https://eastasiaforum.org/wp-content/themes/carbonate/humans.txt
  Driven by a fear of falling behind, cashless payment has become key to reviving Japan’s reputation as a technology leader.

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