You’re right.
Even at our local town fair wifi went down and they could only do cash transactions.
Has anyone thought through this?
What happens when there is no internet connection?
Bills or coin (US currency, silver or gold bullion and the like) still work when there’s no internet or electricity.
That’s when you wear a mask and just steal whatever.
How will strippers receive tips?
They wouldn’t be doing this if they didn’t think this through. Consequences be damned when you have a monopoly on force.
[Even at our local town fair wifi went down and they could only do cash transactions.
Has anyone thought through this?
What happens when there is no internet connection?]
A single EMP weapon in the right place, say Manhattan, or just very few EMP weapons detonated over the right places and...
...wait for it...
boom, boom - out go the (financial) lights
Depending on Location, Canadian Dollars or Mexican Pesos.
There will always be a hard currency that people will mutually accept.