Sweden is going cashless
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- Опубліковано 27 лип 2019
- The Swedish band ABBA has been singing about "Money, Money, Money" for years. But if you try to buy a ticket to the pop group's museum exhibition in Stockholm with cash, you're out of luck; it's one of the increasing number of establishments that has stopped accepting cash. Mark Phillips looks at how Sweden is becoming a cashless society, where transactions are all done with smartphones and devices, and where last year only 13% of Swedes could remember using coins or bills for a recent purchase.
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Giving all the control of their money to someone else. Do you trust your government or banks enough to completely control your access to your money?
Bryan Mathison yep, we do
Well said Brian! One mishap and you're all broke!
It's probably a side effect from living in one of the *LEAST* corrupt nations on Earth ¯\_(ツ)_/¯
@@bjoardar least corrupt lol good one
@Amadour Lopez Back under your bridge, troll. No food for you tonight.
And whenever there's a crash! all your money is gone! That's right banks will pay you out cashless.....
You might be onto something.
Actually if market crashed your money plastic or paper you got nothing literally nothing
It’s a bit like this here. At my grocery store most everyone pulls out a debit card and when I use cash I get to watch the cashier look at me like I have 3 heads and labor to count out my change 😆
Most cashiers today are fat lazy and can’t count cash!
I also see that most people use debit instead of cash
No cash means you will spend more. After all it's just numbers. Using cash you will be more inclined to keep it in your wallet.
Which is good for the country development
I think it's perfect, last time i used real money was more then 3 years ago and i don't spend more, you always have your credit card, i have one for food shopping, one for gasoline, severel other cards for different store's, and sometimes i use my phone to pay, no need for real money and you can't use real money nowadays, only the supermarket take cash here in Sweden.
Who's Gonna REBOOT That System When It Crashes ?
You do understand that if american bank software crashes its the same thing, there are millions of backups for the data in there
I live in Sweden, and tbh I use cash on the regular.
Went to Sweden back in 1999 used the krone
Trelloborg
So most of the atm are still available?
@@ez450 There are atm's everywhere! dont worry :)
@@xanderstone8991 i’ve been told that most of the stores didn’t accept cash is it true?
So how do the homeless make a living?
@Jvelocity nobody could possibly give to the homeless or volunteer or donate?
They don't want homeless people .
Bill Gates depopulation plan and mandatory vaccine which reduces fertility!
They don't want to know about poor people.
Bill Gates spoke about virus 2015,how did he know?
They will force the homeless to be chipped, then they will give them some electronic leftovers (chip to chip transactions) our world is getting more and more absurd each day passing
I rarely used cash but I do carry cash just in case the store's credit card system goes down and are temporary only accepting cash. Its happen to me several times at different stores. I also some authentic Japanese restaurants only accept cash. I know the restaurant is authentic because I know the family is Japanese and immigrated to the states to open their restaurant. Another reason to carry cash or multiple credit cards is in case someone skims your credit card info and commits frauds the credit card company will disable your card and send you a new one which takes time to arrive.
And when there’s a cyberattack?
Karen St John - Barter system? People have been trading that way for centuries.
Les D Are barter contingency plans in place?
@@karenstjohn6759 Well if there is a cyberattack in America and the ATM's and the banks computers doesn't work? But of course it's easy to ask the question "What if".
I just have one problem with this and that is these cashless payments are charged by their operators and so you pay for each payment you make which means you pay more than what the actual price of the goods is and you spend more overall, those admin fees will go up with inflation as was the case with my bank, first it was free to pay cashless than after a few years they stared charging and it's only when I saw my bank chargers that I realized how much more I was spending per month just by going cashless🤤😟😢
PS the fees have been going up each year since they started charging so it costs more each year just like the atm but now you use the atm and pay the atm fees every time at each and every till/paypoint you use.
My hometown grocery store no longer accepts VISA cards because of a recent fee increase. If you micro manage how much you spend on your phone and divide the phone/ app/ plan fees plus the other tax, you may want to thank cash for still being around.
I have hardly been using cash here in Norway since 2005. I do not think I have owned or seen one of the new 100 kroner bank notes (=$10) since it was released in 2017. And all the coins that exists in my home are some euro coins, some American coins and probably some English coins.
YOu nordic societies are sheeply 3 years later look at this russian problem right next door to you which they could hack your digital currency networks also some type of natural disaster happening as the planet warms cutting energy to this systems and like someone said this starts for free but with inflation fees will continue to increase making everything more expensive as long you are a rich nation like norway sweden no problem but you wont be rich for ever...
ANd like the lady said you must have the most modern phones with apps that need permission to access your data you cant park you are You cant even go to the toilet you are literaly being follow same as china tracking ever single move you make if you have nothing to hide there is no problem right you are weird societies truelly.
Cash Is king
no one thinks about cyber attacks on banks do they!
How do they handle Craigslist type transactions which is usually conducted in cash?
You mean between 2 private individuals? Swish. Works almost like PayPal just about 1 billion times better. Connect it to your bank and phone number and it’s like you would send someone a text message with money. I put someone’s phone number in and then type the amount and voila. Takes no transaction time at all. Literally done in senconds.
johannesdif there’s many apps like that in America, however not everyone uses the same app.
jak p thats the thing, everyone has it. If you don’t you’ll be seen as the weird person stuck in the 90:s
So they can Tax you on everything !
I don't trust meatballs
haha :D
dont eat meatballs at ikea make em your own lol:)
I have seen variety use only cards, phone and even new apple watch i guess it was to pay a bill for goods. i find easier to use cash so u stay in budget and not get decline cause u spend so much lol. in the u.s. not sure if will ever go cashless, seeing how not every got a card or any new tech to pay for stuff. it will just make travelers plan more if not able or allowed to use cash any to any place outside the u.s.
With Cash for the most part you have control and / discipline unlike with Credit or Debit sometimes in which you're willing to take a penalty fee like overdraft just to make purchases. Lastly Businesses know your spending habits which another form of "Big Brother" watching over you.
how you gonna pay for your street drugs then?
And prostitution
Great Video, well Sweden is almost cashless since a long time. Live here since 3 years, originally from Germany. Have to say it has loads of benefits too. Drug Dealers & Pimps don't take card. Go through to main cities in Germany. People have no Job, don't speak the language but drive the latest BMW.
Sweden is the rape capitol of Europe
Europe is so far ahead of us on credit cards and payments. No server will ever walk away with your card. They bring the device to you and you put your amount in. The magnetic stripe is history, except here, where criminals will steal your card info.
Sweden is just the exception. The rest of europe is still using cash.
Germany uses a lot more cash than the United States. The US unfortunately is more automated than most of the world.
so when u buy a gram of weed from someone you transfer money to his account, or what?
Money can still be used so it is possible
Shouldn’t they be getting rid of the plastic cards?
Spiral Breeze they will go after cash is gone, ID cards need to go digital along with bus pass
I don't like cash only places.
I like having a choice I’m American
You think you have a choice, lol...
@@maximiliamandersen8626 he really believes he does.😂😂😂
@@maximiliamandersen8626 Did Sweden implement sharia law yet ? just curious
We don’t follow sharia law, in rare cases it can be found in personal cases involving believers, like divorce cases between muslims
Did that Swede just say “I don’t like to sniff or somfthing”
Yes, that old lady did.. There's no romantic about cash, she didn't like to sniff the bills... 🌚
How on earth are they going to sniff cocaine then ? Didn't think that through I guess.
This is a recycled story that you played earlier
“I need to go to Sweden.”
“Mention ABBA, IKEA, and meatballs or you’re fired.”
I like money, not cashless society. Give me my school schedule back, parks, and toilet paper, we just want our rights given back. NOW! 😠
And what happens if you don't qualify for a credit card??
Most people don't use credit cards here but debit cards, no risk in providing cards where you need money on the account to use them. That means anyone can get one.
I Read all these posts and i quickly realize that you People dont understand how this cash free thing works in Sweden. You can use a credit card but in Sweden we more then often use a method of electronic cash it means No fees , No intrest . Its like a virtual wallet connected to your bank account. You probably have THE same technique . Sorry about my Spelling.
Bible prophecy coming true !
@Ger Many $£€¥ ✓ revelation 13:17
@Marek Tužák I was in Slovakia failed to meet anyone who made this argument ! You must be highly educated be this ignorant !
@@breth8159 Having a critical mind with a good capacity for logic and source criticism will do that to people. Religion is dying, but sadly it's not dying fast enough ...
@@bjoardar it's too bad that you're stuck in a conundrum between logic & religion
how can a book make millions of people think the whole world is that stupid. I'm seeing these New World Order comments on a lot of these kind of videos mentioning us going cashless. How can you think a whole world would be that idiotic and do the things you guys are claiming.
I thinks is good! Over 4 years ago i have cash money last time! . Hugh from Sweden!
Paying with cash isn't always conveinent.
Sweden also is using the chip
It's true, you spend less money when you use cash bcz there are fractional fees that add up
Yes all them stupid ~ UN NESSCESSARY FEES, just to make them J-WS RICHER😤
India also need to be 100 % cashless ,it Will increase the G.D.P of India
and everyone has no money.
We won't do it.
When the power grid is attacked and ATM machines don't work those who use cash will survive.
Or just use your credit card in the good old way... The one that give you a paper slip and another for the shop owner who stick it on the long needle thingy...
all the homeless people are going to need card swipe machine to begging for money now.
Wash_Your_Fruits fun fact, A LOT of them already have a plate with a number on that you can send money to through your phone...
@@johannesdif that's crazy. it's been a minute sense I lived in Seattle, don't run into many hobos in the sticks.
Cash?? What is that? Something you eat? 🌹
Linda Casey, no, welfare recipient, it is what you get paid in, when you WORK, but then, you would not know anything about that, because you freely spend fake digital currency, on your EBT card, while living rent free, in your momma's basement.
@@saminaneen Baby, my mamma died in 2012 at the age of 90 .. I haven't got a clue what and EBT card is, let alone what welfare is. Have a great day now, ya hear?
@@LindaCasey the correct grammar is ,"what an EBT card is", not "what and EBT card is". You are obviously the product of a failed public school system.
Mark of the Beast is coming for you....Will you take it or reject it?
I will reject it. I would rather suffer for a little while than spend eternity in the lake of fire for all eternity.
If this were to happen here,how would the local Democratic politicians enhance their incomes?
In The States - "cash only" at the Asian food restaurants means the food is guaranteed to be good!
What if had major emp attack and cyber security hacker by hacking 😂 or economic collapse 😂
Last year, one of the largest grocery chains here in Sweden called COOP ended up being targeted by hackers. Shut down their entire system. Cash did not help then, since the stores had no way of registering purchases. So they all closed for over a week. Same with major power outages (like an EMP). Cash would be equally useless at that point since the stores wouldn't be open anyway.
Better not lose your job and become homeless no CASH no begging no room for poor people NW0
the government pay you when you lose your job, this is sweden not us
Mark of the beast!!
No such animal
Yes it is going down. people there are already taking the RFID CHIP by the 1000s in their hands. Revelation 13.. wake up!!!!
@@lisabrickner6004 whatever man I don't believe that fairytale
Lisa Brickner amen! The rapture is coming! Prepare and get others ready!!
YugotSwaqedd amen! The time of the return is coming!!
What embarrassing holograms.
Don't people in Sweden read the bible? Have they never read Revelation chapters 13 and 14? "And the third angel followed them, saying with a loud voice, If any man worship the beast and his image, and receive his mark in his forehead, or in his hand, The same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the Lamb: And the smoke of their torment ascendeth up for ever and ever: and they have no rest day nor night, who worship the beast and his image, and whosoever receiveth the mark of his name. Here is the patience of the saints: here are they that keep the commandments of God, and the faith of Jesus." God's word will not return to him void.
I think most swedes today are atheist
We are the second least religious country in the world, i can’t think of a single person i know who reads the bible
Everyone acting like its a big deal government conspiracy even though most in the comments probably hardly use cash as it is...Don't worry your anonymity was lost years ago!!
Thrift Geek, EVERYTHING is a government conspiracy, when you refuse to face facts and reality, it is really called "cognitive dissonance"
And soon swedish krona will be replaced by dirhems.
Sweden is such a great example for the world
So you want everybody to track all your cash payments? Wait for the social credit score.
CASH IS KING