Cash Still Remains King

The Optus blackout proves that a small glitch in the system can cause total mayhem in a cashless society.
Cash Still Remains King
Australian banknotes in Melbourne, on Nov. 7, 2017. Paul Crocker/AFP via Getty Images
Eric Abetz
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Commentary

Modern technology is a wonderful thing … until it isn’t.

Eric Abetz
Eric Abetz
Author
The Hon. Eric Abetz was an Australian Liberal Party senator from 1994-2022. He has held several cabinet positions and served on parliamentary committees examining Electoral Matters, Native Title, Legal and Constitutional Affairs, as well as Foreign Affairs, Defence and Trade.
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