95 miles NW of Quitaque, TX | Sweden has been going in that direction for several years. My guess the government wants to go in this direction because everything is easier to watch.
Sweden’s cashless transition
Swedes are known to be early and uncritical adopters of technology – this has become part of the country’s self-image. In 2017, business researchers predicted that cash would be irrelevant in Sweden by March 2023. It didn’t quite happen, but near enough.
Over the last 150 years, technological innovations and entrepreneurship have propelled the country from severe poverty to being one of the richest in Europe.
The Swedish case is even more special due to the pervasive role of banks in the payment and identification infrastructure. Banks created the widely used payment app Swish, and also issue the electronic ID needed to access public services like the tax authority and benefits for illness, disability and unemployment.
Consequently, if you are not a bank customer, you can’t access these public services.
https://theconversation.com/sweden-is-a-nearly-cashless-society-here...
|
Fun new scam