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Coin Telegraph

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Natural disasters wreck FinTech infrastructure, proving cash is still king

  • Hurricanes and natural disasters highlight the vulnerability of financial technologies in the face of infrastructure damage.
  • During disasters, cash becomes essential for basic necessities when digital forms of payment are inaccessible.
  • Natural disasters not only cause widespread destruction but also bring local economies to a standstill.
  • It is crucial to upgrade internet infrastructure and ensure access to cash during emergencies.

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