8 ms·

The ending of the article is weirdly anti-cash

by bartwe 3y ago

pphysch 3y ago
Ironically, the problem in this case is that cash requires too much trust; trust that local deposits won't be raided by thieves. A more "trustless" approach could involve the collection box being replaced by a link or QR code or a bunch of detachable paper slips with said link. Link leads to online donation portal. Of course, someone could try to tamper with those links.
- jibcage 3y ago
  Switzerland has a national payment network called Twint, created by the Post, that’s based on QR codes. I think the bigger challenge is getting cell coverage to all of these remote peaks.
  - Hello71 3y ago
    but you don't actually need cell service on the hill, do you? there's no payment enforcement anyways, so you can just record the bill and submit the payment once you have service.
  - newaccount74 3y ago
    Once you are at the peak you often have cell signal :)
- petre 3y ago
  And cards and QR codes require too much infrastructure out of your control. Once someone flips the switch, everyone's basicaly cashless.
  - pphysch 3y ago
    What switch?
    - petre 3y ago
      The electricity switch.
      - pphysch 3y ago
        Implying a national payments system wouldn't be distributed across multiple AZs...?
        petre 3y ago
        So what do yo do when the AZ you are in is down? You use cash. Remember what happened in Hawaii this summer? Don't take anything for granted. It mostly works but what do you do when it doesn't?
        pphysch 3y ago
        When your closest AZ is down, it failovers to the next closest AZ. That's what AZs are for, there is no single "electricity switch" that could get hit by a tornado.
  - tonfa 3y ago
    Switzerland already have QR code based payment (twint, can debit directly from your credit card). Bunch of self service farm products simply have the qr code. It's also common to have qr-code or cash only payment available in mountain restaurants. (or even in other venues, was surprised to have a large festival in Zurich which was mostly qr-code or cash).
notfed 3y ago
> Millions of francs have been stolen in the last three years alone, causing the Swiss Federal Police to warn that ... More than much money in cryptocurrency is stolen every day.

The ending of the article is weirdly anti-cash

by bartwe 3y ago

The ending of the article is weirdly anti-cash

Ironically, the problem in this case is that cash requires too much trust; trust that local deposits won't be raided by thieves. A more "trustless" approach could involve the collection box being replaced by a link or QR code or a bunch of detachable paper slips with said link. Link leads to online donation portal. Of course, someone could try to tamper with those links.

jibcage 3y ago
Switzerland has a national payment network called Twint, created by the Post, that’s based on QR codes. I think the bigger challenge is getting cell coverage to all of these remote peaks.
- Hello71 3y ago
  but you don't actually need cell service on the hill, do you? there's no payment enforcement anyways, so you can just record the bill and submit the payment once you have service.
- newaccount74 3y ago
  Once you are at the peak you often have cell signal :)
petre 3y ago
And cards and QR codes require too much infrastructure out of your control. Once someone flips the switch, everyone's basicaly cashless.
- pphysch 3y ago
  What switch?
  - petre 3y ago
    The electricity switch.
    - pphysch 3y ago
      Implying a national payments system wouldn't be distributed across multiple AZs...?
      - petre 3y ago
        So what do yo do when the AZ you are in is down? You use cash. Remember what happened in Hawaii this summer? Don't take anything for granted. It mostly works but what do you do when it doesn't?
        pphysch 3y ago
        When your closest AZ is down, it failovers to the next closest AZ. That's what AZs are for, there is no single "electricity switch" that could get hit by a tornado.
- tonfa 3y ago
  Switzerland already have QR code based payment (twint, can debit directly from your credit card). Bunch of self service farm products simply have the qr code. It's also common to have qr-code or cash only payment available in mountain restaurants. (or even in other venues, was surprised to have a large festival in Zurich which was mostly qr-code or cash).

notfed 3y ago

> Millions of francs have been stolen in the last three years alone, causing the Swiss Federal Police to warn that ... More than much money in cryptocurrency is stolen every day.