Comment by imoverclocked
Comment by imoverclocked 11 days ago
I think that there is a lot of merit to your argument. However, I think there is also the human factor as well as a malleable technology factor. I'll speak to the second factor.
While we don't have forests of paper, we have pocket-sized computers that can talk peer to peer and store practically infinite amounts of transactions.
We don't have squadrons of clerks but we have software that can collate transactions locally.
The internet is certainly a useful tool for quick connectivity but there are definitely ways to do things without the internet and without reverting all the way back to cash/check and paper ledgers.
Food for thought that the parent didn't mention.
You will be unable to communicate except through face to face meetings. There is no more POTS(plain old telephone system), the entire world routes phone calls over the internet. There's no IM, the physical mail system will at least become dramatically backlogged if not fail entirely due to infrastructure failure internally and the new increased demand.
In my country is it not just that there isn't a POTS system, there isn't even copper. You have a FTTH(fiber to the home) link or a mobile connection. To my knowledge even in the US fiber terminates at the distribution point and your cable supply is last mile only.
I don't know what even will cause a global internet outage at the scale but it will be global panic.