Pay Cash Only: Will the Russians Save Us from the Cashless Societ...

Pay Cash Only: Will the Russians Save Us from the Cashless Societ...:  This article was first published by me at Talkmarkets: http://www.talkmarkets.com/content/news/will-the-russians-save-us-from-the-cashles...



From the article:





 Sometimes fact is stranger than fiction. It has been reported
that the Russians have been observing the cable lines in key areas of
the world's oceans. The potential damage that Russia could cause to the
United States is not to be taken lightly. Certainly we would all suffer
possible financial loss from the destruction, even if temporary, to the
digital financial system upon which millions of financial transactions
are made.



Since only 200 oceanic lines carry 99 percent of all data and internet
traffic, the disruption to those lines could be catastrophic. Trillions
of dollars in transactions could be undone.



However, there is a silver lining to this dark cloud. This Russian
threat could slow down or even derail the coming Cashless Society!

Comments

Popular posts from this blog

Gary Anderson's Talkmarkets Articles by Subject

John Mauldin Discusses What Could Go Wrong

My Gedmatch Jewish Roots Force AntiIsrael Stance: Palestinian DNA