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I think AI will force us back into paying with cash and checks. (lemmy.world)
submitted 6 days ago by to c/showerthoughts@lemmy.world
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I think it will simply become impossible to keep digital payment systems secure. The whole online economy will collapse. Amazon will become worthless. People will actually have to go out to local stores to buy everything. People will have to go to their local bank or currency exchange to cash their paychecks. The credit card system will fail completely too, while payday loans will take their place. The stock market will have to go back to traders yelling their trades to each other at exchanges. The old ways will become new.

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[–] 3 points 6 days ago (1 child)

The world, the western/first world at least, would collaps and Fall Info complete Chaos and dispair should electronic payment ever gets unusable. Everything depends on it, without it we would fall back into small, localised markets and nearly nothing would be prepared for that. Food production would collapse, machines could not be repaired because no repair parts could be created or delivered, the power grid would break and so much more. It would be apocalyptic, and so many people would die or suffer

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