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Sweden's cashless society is no longer a utopia

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201–210 of 628 posts

Re: Sweden's cashless society is no longer a utopia

#201
post #14

A society without cash is a society in which every person has no choice but to get the permission of someone they don’t know and will never meet each and every time they seek to obtain food, water, shelter, or transportation, and that permission can be revoked instantly, silently, and invisibly at any time.

That's how services work though, you can't really be self sufficient unless you're a hunter gatherer. And even then you still need to be strong enough to kill the other tribes who are contesting with you for land. Imagine going to Mars and the very air you breathe is owned by your government. For me that's not an argument against going to mars, that's an argument for working harder to build a stronger, more trustwort…

> Imagine going to Mars and the very air you breathe is owned by your government

Don't worry, it'll be owned by Elon Musk.

Re: Sweden's cashless society is no longer a utopia

#202

Earlier quoted context omitted.

And you might be leery of criticizing any of these entities lest they withdraw your ability to do any of these things. That's a serious chilling effect.

Its a fear that shows up in a common interpretation of Revelation 13:17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. This is one of the verses in the Bible that tends to drive a lot of the hatred for national ids and removal of cash in the US.

Granted, but even broken clocks are right twice a day.

Just because someone wrote a pre-scientific text which, today, supports antiauthoritarianism ... does not mean that antiauthoritarianism lacks its many other merits. Those people are right to fear national ID and cashlessness; their fear being from Revelations, doesn't necessarily make them religious nutjobs (of the sort whose fears we regularly and usefully ignore).

(Not to mention how even some Christians think that Revelation is the writings of a hallucinating madman.)

Re: Sweden's cashless society is no longer a utopia

#203

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…

IOUs from friends: the most resilient form of peer to peer money. There shouldn't be a rush to pay them back either unless they are hard up (or you preferred not to keep track of IOUs)

Re: Sweden's cashless society is no longer a utopia

#204
post #110

Earlier quoted context omitted.

Aren't you asking a bit too much info for a simple SEPA transfer ? The IBAN should be all you really need, the rest are nice to have.

I've heard that too, but my bank (Sbanken, normally a good user friendly bank) wouldn't let the payment go through without all the fields filled out.

IBAN == bank account number with the bank info baked in, although I think for foreign transfers you might still have to provide the bank code separately.

I've never been asked for an address when doing a wire transfer.

From what I've heard banks stopped validating the name field a long time ago and you can enter whatever you want.

Re: Sweden's cashless society is no longer a utopia

#205

Earlier quoted context omitted.

> Utopia my ass It actually IS a Utopia, by Thomas More's original definition; a society that appears idyllic and perfectly organised on the surface, but is only maintained in that state by everyone doing what they're supposed to do. And that is achieved by enforcing total compliance through surveillance and coercion. The point of the book is that the reader really wouldn't want to live in Utopia once he understands…

I fail to see how Sweden in this case is enforcing the cashless trends through surveillance or coercion.

The primary cited reason for the cashless trend is the security against money laundering. My government has done every policy and regulative action they can to guarantee that all money transaction is recorded and a bank liable if anything is not clean.

Re: Sweden's cashless society is no longer a utopia

#206
post #146

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.

Most of the cashless festivals return your unused "credits" pretty quickly after the festival. The real problem comes when the system breaks down- which I've seen happen at plenty of festivals. At that point if cash isn't an option then commerce simply stops- screwing both vendor and customer alike.

> Most of the cashless festivals return your unused "credits" pretty quickly after the festival.

for a $5 processing fee

Re: Sweden's cashless society is no longer a utopia

#207

Earlier quoted context omitted.

That’s festival payment done wrong, but cashless can be really great at festivals. In Denmark we have a festival called Skanderborg festival, and they build both your ticket and your cashless payment into the festival bracelet. You use the bracelet to pay everywhere, and you can add money to it a range of payment methods, from using a visa or similar in their app, to visiting one of the cash places where you can use…

There’s a big club in NYC that does this (Brooklyn Mirage), except they link your credit card to the bracelet and you don’t have to load credit. Makes the lines for drinks move so fast, it’s really outstanding.

Do you have a pin or something to verify the payment? Would a stolen bracelet be useable?

How do they deal with tips?

Re: Sweden's cashless society is no longer a utopia

#208

Earlier quoted context omitted.

True, but that doesn't weaken his point.

It removes the entire second paragraph. It takes about 5mn to do a SEPA bank transfer: open banking client, open transfers, create new transfer, enter destination IBAN, enter amount, optionally set a data & some text, confirm.

And then you wait 3 days for the money to actually arrive. I frequently send money between EU countries and the speed of transaction is abysmal unless you want to transfer to be denominated in Euro which means that if you're sending money between two non-euro currencies you're losing money twice.

Re: Sweden's cashless society is no longer a utopia

#209

Earlier quoted context omitted.

Its a fear that shows up in a common interpretation of Revelation 13:17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. This is one of the verses in the Bible that tends to drive a lot of the hatred for national ids and removal of cash in the US.

Granted, but even broken clocks are right twice a day. Just because someone wrote a pre-scientific text which, today, supports antiauthoritarianism ... does not mean that antiauthoritarianism lacks its many other merits. Those people are right to fear national ID and cashlessness; their fear being from Revelations, doesn't necessarily make them religious nutjobs (of the sort whose fears we regularly and usefully igno…

For an example without religious polarization, you can look at Nostradamus' ramblings

They are completely useless until misattributed in hindsight, until further reattributed in hindsight to something slightly more coincidentally relevant. 500 years of this so far.

Re: Sweden's cashless society is no longer a utopia

#210

Earlier quoted context omitted.

Unless the entity you're transacting with is also interested in operating in a completely cash-based economy, they will need to deposit your cash with a private bank and enter into the electronic money market. They will then worry about the source of your money by profiling you in case the risk accrues to them. Stores already do this if you pay for something with a large amount of cash and stand out as a target. That…

You are talking about an edge case which just isn't true. It is entirely possible to live your entire life, paying with only cash, in the United States. The hardest part would likely be paying rent, but even that isn't unheard up to pay with using cash. Society is not cashless. The edge cases you are talking about rarely ever come up. If it is possible to only pay with cash, then the last hop is all that matters for…

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