This would suck so bad. My debit card's chip went bad and the bank can't reissue me a new one until it expires. I've been using cash as a fallback when I don't want to do the '3 chip failure timeout then swipe' dance just to purchase some soda.
this post was submitted on 30 Oct 2024
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the bank can’t reissue
You mean they won't. Change banks or threaten to do so, might work.
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(13 replies)
The netherlands are already looking into it: https://www.ngi.eu/ngi-projects/ngi-taler/
The project could be used via paper trail, as far as I understand it.
Taler e-money is issued with a validity period. One month before the expiration date, you wallet should automatically exchange any digital cash that is about to expire for new digital cash with an extended validity period.
Haha no, thanks. I really don't understand why Stallman stands behind dystopian statist money.
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(7 replies)
Woot! It's been a while since I looked into Taler, but I've long held that we should be using it or something like it for digital transactions. I'd love a browser extension that compensates creators for removing ads, for example, and I think this would be a fantastic way to do it. But having it at a national level is even better!
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(2 replies)
I hoped for a second they meant moneyless.
Sure, but if a cyber attack knocks out your credit card systems in a targeted attack, chances are they're taking your cash machines down as well.
And who carries enough cash around to be useful any more? I know I don't. I might have a £20 note tucked in my phone case at a push.
£20 should still get you a meal of some kind until the credit cards and cash machines are back, hopefully within a few hours or next day at the latest.
Can't really say I even have that much on me most of the time though - perhaps I should change that, keep a minimum of like €50 that's only touched in an emergency or something. Swedbank has had several outages in the last few months here in Estonia and it affects many stores' payment terminals too.
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(2 replies)
Funny way to say people dont like the idea of having all financial privacy ripped away from them.