Perché il contante è ancora re: l’Irlanda ha avvertito dopo il blackout del pagamento digitale della Spagna
https://www.irishexaminer.com/business/economy/arid-41624905.html
di Banania2020
Perché il contante è ancora re: l’Irlanda ha avvertito dopo il blackout del pagamento digitale della Spagna
https://www.irishexaminer.com/business/economy/arid-41624905.html
di Banania2020
26 commenti
I used to love my cash, but have only 25 euro in notes now plus jars of coins (one day, one day…!)
The tills are electronic…
I strongly disagree.
Cash is good during blackout but only during blackouts. Unless OP and the Irish government wants permanent blackouts, this example is utterly nonsensical and misleading.
It’s like saying your car is broken down and all garages are booked therefore walking is king. Nonsense.
They have a key to release the cash drawer, notepad and pen to do calculations. Wise up!
FFS, the media loves a good scaremongering.
Cash is not king, hasn’t been for many years, companies are moving away from it becuase it is too hard to insure large lumps of cash etc.
“The Spanish experience has highlighted how Ireland is vulnerable to similar shortcomings. ”
No it hasn’t, this was a freak event which lasted less than a day. The storm earlier in year in Ireland had longer outages in Ireland
It’s a puff piece, like most of the shit in the Examiner
I have emergency cash in my car, hidden in the back of my phone case and a couple of hundred in the house. Never know when you need it.
Sponsored by Big Taxi.
I usually use cash, & it’s still an option where I work – sometimes people pay like 4-900 in cash! XD
It was better before cards. You held onto your money longer. Everything is designed to take your money from your pocket from the minute you wake and cards and phones are like personal thieves. I have both by the way and get robbed hourly
If the electricity is gone everywhere, probably not going to be mich opportunity to spend my cash anyways….
Cash is always my preferred method for everything. Still king
Aye it’s king until you get robbed of it
I try to use cash as much as possible because I think it’s more “private” and to be honest i’m getting more and more paranoid about preserving my privacy (even do i know is not possible to escape )
I only accept cash from my renters
Cash is still king for drug dealers and tax evaders
I remember working in a bar 20 years ago, washing my hands for ages after every shift. I couldn’t get them clean. Cash is really unhygienic
Your regular reminder – cards are cheaper for a business than cash when you add up overall costs. The ONLY reason a business doesn’t accept card is because they don’t pay the taxes for society that you are paying them. That’s why barbers, electronics shops, chip shops, and nail salons don’t take cards – it’s easy for them to fudge the books
I was in Lisbon for the blackout. Was a mix of businesses just closing and cafes/restaurants being open depending on their setup. Some restaurants had gas grills so could still cook. There was a lot of places just selling their bottled/cans of drink.
It was a fun atmosphere but also after about 2 hours all the phone towers went offline, so you had no data/calls/sms.
The lesson I took away from it and after the storms here too is having an emergency kit with a portable radio, have a supply of canned goods, keep the house reasonable well stocked. Keep maybe 50-100 euro in cash somewhere too.
I think we all be more prepared in the event of emergencies, always keeping some cash on you might not be a bad idea but in the event of something like Portugal/Spain blackout. You’re better off already having the stuff at home. Any shop that would be open is going to sell out of the stuff you need really fast.
No no no they need to know exactly what you’re spending your money on ….do as your told !
People are so naive. Writing letters to banks pleading not to repossess while leaving 10 years of frivolous spending footprint behind them.
So I went on to ChatGPT and asked “How much cash does the average Irish person carry today?”. The response seems to be very contradictory to the comment here:
As of 2024, the average amount of cash carried by an Irish person is approximately €107, which is higher than the euro area average of €83.
Key Insights on Cash Usage in Ireland:
– Prevalence of Cash Carrying: About 80% of Irish adults carry cash regularly. Notably, 19% of these individuals typically hold more than €100.
– Gender Differences: Women are more likely to carry cash than men (84% vs. 76%), though men tend to carry larger amounts.
– Higher Cash Usage: Residents in Ulster and Connacht show higher cash usage, with 90% carrying cash.
– Lower Cash Usage: In contrast, Leinster residents are less likely to carry cash, at 72%, with 75% of Dublin residents inclined to have cash on hand.
I always have at least a grand on me in cash at all times
Most of us had longer power outages after Éowyn but society didn’t collapse. Cash still has its place but to throw away a more efficient system because of a freak power outage might happen is madness.
I was in Portugal when that happened and every store that was open and with power via generators accepted card payments just fine. I will always keep a few €5 notes and €1 coins in my backpack for emergencies, though.
Awful article. The shops that were able to stay open were the ones that USED tap.
The tap devices are usually battery powered. When the power went and depending if you still had signal, you could still take payments on the tap machine for a full work day.
A modern till won’t open without a transaction going through, let alone without electricity.
I think we might need to accept that electricity is absolutely essential infrastructure, has been for over a century and we shouldn’t and don’t need to be planning for regular massive outages in 2025.
What happened in Spain is likely a freak incident lessons will be learned and more conservative grid management implemented.
Cascade failures have happened in US and in Italy before. They are not likely to become a regular feature of life.
If you’re in a rural area that is at risk of heavy storm damage twice a century or so, might be no harm in keeping some cash handy.
Some of these dependencies just aren’t avoidable and we simply need to ensure that grids at adequately robust and not go down the route of outsourcing absolutely everything to the whims of market forces.