Talk of The Villages Florida - View Single Post - No more cashless businesses
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Old 01-04-2024, 11:34 AM
Cliff Fr Cliff Fr is offline
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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.
I believe that they are referring to individual consumers not the banks themselves