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Comment on Sweden, Norway rethink plans for cashless societies over fears that fully digital payment systems would leave them vulnerable to Russian security threats

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oldfart@lemm.ee ⁨2⁩ ⁨weeks⁩ ago

Just a note, high denominations are not great during emergencies, unless you mean big purchase emergencies. Buying food and gas with high denomination bills may end up in seller not accepting the bill because they have no change. Or happily accepting that bill despite having no change.

For small change, you could take the jar to your bank and make a cash deposit (and see the cashier die inside). In some branches they have machines for counting change.

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sugar_in_your_tea@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago

unless you mean big purchase emergencies

Yup, exactly that. I’m in the US and keep a few hundred in $100 bills, with the rest being smaller denominations. I usually have about $1k in cash in a safe, with lots of small bills. So that should be plenty to handle a couple weeks worth of groceries, or a couple large purchases (e.g. paying someone cash to move a tree or something).

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