In Focus Risk
re-opening of at least 50% of cash ATM machines, because for many in the lower income brackets, who would find it hard to cope on a weekly or a daily basis without ready cash in hand, they obviously would
need special consideration before the proponents of the non-cash society imposed more restrictions on cash than already existed. Recently, Sarah John, the chief cashier
Recently, Sarah John, the chief cashier of the Bank of England has indicated that “Just over a third of payments in the UK were still made in cash – that is 13 billion payments in total. So, although its use is declining, cash is still a very important part of today’s payments landscape,” which, of course applies very much to those whose dependence on cash should not be underestimated
August 2021
of the Bank of England has indicated that “Just over a third of payments in the UK were still made in cash – that is 13 billion payments in total. So, although its use is declining, cash is still a very important part of today’s payments landscape,” which, of course applies very much to those whose dependence on cash should not be underestimated. In this title of this article, 'A dinosaur's
lament' as it refers to the author, perhaps the word 'lament' is too strong a word. However, given that this form of life was largely extinguished through no fault of its own, it certainly did relatively well for around 60 million of its time on earth. With this in mind, there has been money
around that can be seen and felt in various shades of grey and other colours for a fair duration of homo sapiens' existence, which,
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with a bit of luck along with plain common sense will not disappear entirely, while keeping lots of hackers at bay. If, sadly, our long-standing methods of
buying and selling will not be with us for much longer, one can imagine some desperate souls bringing some of it in metal, paper, or plastic varieties – all in a rather ageing and decrepit condition – for restoration and renewing in a future broadcast of the Repair Shop. It might even encourage a partial return to currency as it was once known.
Conclusion In the meantime, do not hold your breath waiting, and keep whatever you rely on to keep track of how much you owe or are owed by others fully charged up, and as secure as possible from those intending – and probably increasing in numbers – to break into whatever you, and what it is transmitting, to deprive you of what is yours. Keeping safe is more than just masking and keeping to rules. CCR
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