More than 400 years have passed since Spanish novelist Miguel de Cervantes first wrote about not putting all your eggs in one basket.
Last week's CrowdStrike outage is as good a reason as any to oppose the move towards a cashless society and a world in which government and banks wield near total control, writes Caleb Bond.It probably never crossed anyone’s mind that a company like Crowdstrike cocking things up beyond comprehension could bring the entire world to its knees.
Total reliance on technology hooked up to the internet and servers means total trust that it will not fail.There would be no faster way, these days, to cripple a society than cutting off its internet and banking systems.Last week's CrowdStrike outage is as good a reason as any to oppose the move towards a cashless society - a world in which government and banks wield near total control, writes Caleb Bond. .
One couple, we were told, had to trudge home and find cash because their card transaction would not go through.
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