Cash provides essential fallback when digital payments break down, Payment Choice Alliance points out
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Why wouldn’t I be able to pay cash without power? If people did it in BCE, I can certainly do it now.
Because the equipment used to record sales uses electricity.
Do you really think the 12yo cashier is going to get out a pad and pen and rithmatic your purchase?
12yo? What’re your child labor laws? Arithmetic? We’re talking simple addition here. I manned a cash register before, it’s doable even without the computer. Just takes a wee bit longer.
Have you been to a shop in the last 20 years?
I’m genuinely curious how you envisage that everyone could pay cash during a power outage.
Items don’t have price stickers. Cashiers couldn’t reliable total up more than a few items. Customers couldn’t be given itemised receipts.
In an end-of-days style apocalypse, sure trade would carry on, but the existence of “cash” wouldn’t be relevant.
As I started off by saying, this is such a lame reason to argue for the existence of cash.