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A comment on In our cashless society, we need to take digital jail seriously. Parent comment

Re:In our cashless society, we need to take digital jail ser... by Sankozi on Wednesday February 23, 2022 @04:58AM (#30439514)
> With cash, the moment the object and the bills change hands, the funds transfer has irrecovably settled without any external dependency being possible.

It isn't even remotely true. You might get mugged, you might lose money, you might get counterfeit money.

[ Parent | on HN ]
Re:In our cashless society, we need to take digital jail ser... by walterbell on Wednesday February 23, 2022 @11:32AM (#30442876)
Those are pre/post-transaction risks, not settlement risks.

Cashless systems also have their own pre/post-transaction risks.

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