Comment by tivert

4 days ago

> If anything, the Dutch government has been telling people to have cash available in case of emergencies after "geopolitical tension" (read: the Russian invasion into Ukraine). Not that anyone seems to listen, but they encourage having cash reserves. They're still working out an exact amount to recommend, but a couple hundred euros seems to be most likely.

In that scenario, it seems like that would be an insufficient amount to really do anything except handle very basic needs for a week or two.

My assumption is that this is being recommended for a situation where Russia might hack the banking system, and the Dutch probably expect they'd be able to get the banks/ATMs working again within a week.

  • Which is exactly what’s been going on in Ukraine. Russian hacking efforts have had negligible effects.