The mainstream media has, until now, played a key role in advancing the Global War on Cash – a war that began with no official declaration but in which propaganda, as with all wars, is a vital weapon…

This is one of the most important arguments in favour of cash: the resilience it provides to a country’s overarching payments system. Put another way, cash does not crash. It does not fail in a power cut or seize up during a cyber attack or software outage (though, of course, ATMs might). By contrast, digital payment systems generally need a stable and continuous internet connection and power supply to process transactions.

It seems that certain legacy media outlets may also finally be learning this lesson. In the UK alone, four of the country’s largest newspapers — The Guardian, The Daily Telegraph, The Times and The Daily Mail — have run articles on how the global IT outage has underscored the fragility of a cashless society.

https://www.zerohedge.com/geopolitical/historic-shift-british-newspapers-begin-warning-perils-cashless-society-after-global