Talk of The Villages Florida - View Single Post - No more cashless businesses
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Old 01-04-2024, 09:56 AM
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Quote:
Originally Posted by MrChip72 View Post
So you don't have your life savings in a bank or investment account?

Unless you have your money locked in a safe in cash or in gold bars, your money is already all in digital form right now.

There's zero chance that anyone in a third world country is going to be able to hack our banking systems and drain everyone's money. There's more than enough safeguards in place for that. I work for one of the largest banks in the world. I'm not just passing on third hand information.
The thread is about cashless payment of transactions, not where one’s savings are held.