401–410 of 628 posts
Earlier quoted context omitted.
It is quite liberating. My family went cash only a couple of years ago. We spend less and tbh there isn’t much downside.
I have some friends who find that they budget much more successfully when they use only cash... they can see exactly what they have left this week or month.
Earlier quoted context omitted.
Plus a wired landline phone is always charged, with excellent reception.
Nitpick: typically they have excellent reception. _However,_ with many copper lines not being maintained and especially in some rural areas, reception can be awful to unusable.
Earlier quoted context omitted.
The best payment experience I’ve had is cash. I pay for what I need and when I leave the festival I can still use my “credits” hassle free anywhere I like.
The best payment experience I've had is a credit card. It's harder to get robbed, I can pay everywhere with just a tap, I never need to remember to take out cash, tips are computed for me at my request, when I travel to many other countries I don't even need to get local currency, conversion happens automatically, and I'm not stuck with unused local currency when I leave.
This is huge systemic risk (the possibility that an event at the company level could trigger severe instability or collapse an entire industry or economy). When the systems in major Nordic bank (Nordea, Danske Bank) or payment system (Visa, MasterCard) goes down, people can't do anything until it's fixed. These things are rare but they happen. Usually it's just few hours, but if the condition persists even few days i…
> if the condition persists even few days it becomes a major problem How much cash does a person keep handy? If the condition persists a few days, cash would also become a major problem.
I'm a Norwegian who went to a Swedish music festival last summer. I couldn't pay for a lot of things there, since the booths only accepted Swish (the only relevant Swedish mobile payment solution, it's a de facto monopoly). I couldn't sign up and use Swish on my phone, since it only accepts Swedish bank accounts. I couldn't borrow money from my Swedish friends either, since they didn't have cash (and it mostly wasn't…
Anglophones, please, please, excuse me for replying in my native tounge. The cashless society engages my aversion such that it is hard to say in my second language. Så jävla enig alltså! Fy fan för detta inskränkta, ofria land! Jag avundas norrmän, daner, och finnar för att de slipper Rosenbad. Du, och alla andra skandinaver vet att genomsnittssvensken... har sina svårigheter. Ser fram mot min årliga skridskosemester…
Earlier quoted context omitted.
Anti-fraud may been the reason on that day, but who knows what will be the reason tomorrow (eg Capital Controls as it happened in Greece). The main point is that I still had to get permission. It's kind of like when I was a kid, I wasn't allowed to go outside the house unless I informed my parents, which was like getting permission implicitly. When using cash, you do not have to inform the bank anything.
No you have to visit a money exchanger in advance, exchange some money into local currency, then go to your destination. Which...is the same thing you need to do anyway to use your card in China.
The propriety solutions and its near monopoly in both Sweden & Norway (and perhaps other countries) are also due to the slow expansion and adoption of Apple Pay and Google/Android Pay into those countries. Apple Pay was only launched in Norway earlier this year and Google Pay only a few weeks ago. So the propriety solutions have had a lot of time to establish their monopoly. Also, Apple/Google pay uses the Visa/Maste…
Earlier quoted context omitted.
"either use Swish or go without food/water/travel/etc" is coercion by any definition
Food is payed with VISA och Mastercard. Water is payed through the online banking service. Travel with VISA/Mastercard (even local buses accept credit cards). "Etc" is also payed with VISA or Mastercard. Swish is a mere conveniency for transferring money without having to log onto your online banking service. I use it once a month tops.
Earlier quoted context omitted.
I've noticed this with mature technology. There comes a point where a product is perfect, no need to add anymore features. But the manufacturer still wants to continue adding new features so that they can use those as new selling points. Unfortunately the new features end up making the product worse.
2015 MacBook Pro was the peak for laptops.