Not_Legal_Advice_Pod t1_ixll9mz wrote
Reply to comment by Coachtzu in If a solar flare were to wipe most if not all technology, what plans/countermeasure could be taken to slow rebuild things like the internet? by Zak_the_Reaper
Every bank worth its salt has a significant off-site disaster recovery backup. Sure, some of them probably are not built right. But the vast majority of the money in the financial system would be known even in a worst case solar flare.
vrcap t1_ixnibjh wrote
Yes but wouldn't banks/branches not be able to operate? Even for a few minutes half globe blackout would mean chaos, everything is digitized these days, credit card, bitcoins, or any other type of electric payment will be out of order which would be a disaster because people wouldn't be able to pay for stuff unless they pay cash.
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