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Not only that, electronic money is dependent of internet connection. If right now an internet outage of a few minutes is pure chaos in most retail, imagine not having something to fallback on a longer outage.
Not only that, electronic money is dependent of internet connection. If right now an internet outage of a few minutes is pure chaos in most retail, imagine not having something to fallback on a longer outage.
I could fathom a digital wallet that stores money locally.
Of course, any counterfeiting would only be verifiable with an internet connection.