2025-06-20
"Cash is king" for a reason, just demonstrated (allegedly - I'm not there!) in Teheran.
Due to the confrontation with Israel (again 'allegedly', although it does seem a reasonable assumption) banks are closed and no ATMs are functioning.
And no shops could accept "plastic money" - to get your groceries, fuel, and the day-to-day necessities of life, it's cash only.
And no internet means no access to crypto currency.
The banks being down doesn't automatically equate to the internet being down, so crypto transactions may work still - it just depends on the nature of the break in internet service.
"But above all, understand this: you will not be rescued. The system isn’t broken, it’s being replaced"
Could we survive an outage due to an incoming financial reset? It's a question we should be able to answer, given the preponderance of players who believe that current levels of financial debt are now too high to survive. Traditionally at this point we get a major war that "changes everything".
That would very likely mean an outage, followed by a new financial system with whatever the bankers have decided they will give you back (if anything - ask Greece). It may also mean the State coming for your children to feed them into their shiny new war machine.
Whilst there are (allegedly) indications that "this time may be different", should we count on it?
