5 ms·

Cashless is the authoritarian and banker dream. They are pushing hard for it worldwide.

by drummer 7y ago

aiscapehumanity 7y ago
This is yc, not zerohedge.
- goldforever 7y ago
  sheep
- gherig4 7y ago
  It is good to see the one of the better ideas from ZeroHedge show up on "yc" :)
Aperocky 7y ago
I haven't used actual cash in months. The last time I can definitively remember using physical cash was to scavenge my truck to gather 6 quarters for a vending machine that refuse to take card in West Virginia on a ski trip. And that was more than a month ago.
- Gwypaas 7y ago
  I feel this is a futile stone to die over. It will never happen. Swede here, turning 27 now. When I was 13 (yes 2007) I got my own debit card which my parents deposited my "monthly" money/stipend in to allow me to build a sense of value. I haven't used cash in my life. Whenever I get cash from tips (yes I've worked service jobs) I simply feel annoyed. Like, I plan to actually spend this illegitimate tax free money but then I have to bring it with me??? Refusing card is just going to push you out step by step until noone cares. Because I, or anyone I socialize with sure don't. I know there's endless arguments about privacy and so on that comes up by everyone this topic is touching. But from what I've gathered, people can cover their laptop camera and feeling conscious. But giving up the convenience of a debit card will never happen. (Yes this is Europe, we don't care about building credit. Debit cards are how we roll.)
  - GarrisonPrime 7y ago
    Perhaps Europe needs another lesson in what happens when you give your "leaders" too much power over your way of life.
    - Gwypaas 7y ago
      Who are these nefarious leaders? Mastercard? Visa? I have one of either to safeguard when abroad. The bank I choose to mainly use for 1€/month? The party in a proportional system I choose to vote for because I felt they were right and not the least worst optoion? And thank you for the nazi reference. I felt it had a lot of impact.
      - bronipstid 7y ago
        Is it really true that Sweden has no go zones where police are afraid to enforce the law and ambulances get attacked by migrants?
      - bssatTea567 7y ago
        I think the nefarious leaders are the ones using corrupt central banking practices to enrich themselves at the expense of the public while creating chaos like the ever expanding "exposed areas" (no go zones) to keep ordinary people preoccupied dealing with. https://en.m.wikipedia.org/wiki/No-go_area https://en.m.wikipedia.org/wiki/No-go_area A 2016 report from the Swedish Police mapped 53 "exposed" areas (Utsatta områden) and 15 "particularly exposed" areas. An "exposed area" was defined as an area with low socioeconomic status and high crime. A "particularly exposed" area was defined as an area nearby to an "exposed area" the inhabitants of which demonstrated the following qualities: Unwillingness to participate in legal proceedings Hindrance of Swedish police operations Parallel social structure Violent extremism Swedish police protocol differs for working in these areas. For example, the police bring certain equipment and work in pairs when in a "particularly exposed area".[94] In a 2017 interview with the conservative opinion magazine Weekly Standard's Paulina Neuding [sv], Gordon Grattidge, the head of the Swedish ambulance drivers' union, stated that there were some areas too dangerous for rescue workers to enter without police protection, using the English term "no-go zones" to describe them.[95][96][97] In March 2015, journalist Henrik Höjer discussed the rise of criminality, especially organized crime, in various neighborhoods within Sweden since the mid-1990s, especially in the city of Malmö. He interviewed a police officer and task force chief who referred to such areas as "no go areas" and wrote that gangs like to lay claim to an area by throwing stones at mailmen, police, firefighters and ambulances who enter the area.[98]
maxerickson 7y ago
I wonder how much serial # tracking stores do. Given modern hardware, it'd be trivial to track them.
- jonhohle 7y ago
  Last year I bought some Blu-rays during Black Friday at Walmart. On my way to the car I got an email that the movies I just bought were available to stream through iTunes, Amazon, Google Play, etc. To my knowledge, I’ve never linked one of the streaming licensors with Walmart. So not only are they keeping track of my purchases, they are sharing that info with third parties based on assumptions (I’m assuming email address). I’m sure some think it’s convenient, but I found it really creepy.
  - RandomBacon 7y ago
    I can't find it now, but I've seen a couple of annecdotal posts where people with high credit limits got there credit limit lowered right after using the same card at a Walmart for the first time. Maybe those people had other changes in their spending/paying habits, but if credit card companies lower people's credits, how do they make that determination to do so?

Cashless is the authoritarian and banker dream. They are pushing hard for it worldwide.

aiscapehumanity 7y ago

This is yc, not zerohedge.

goldforever 7y ago
sheep
gherig4 7y ago
It is good to see the one of the better ideas from ZeroHedge show up on "yc" :)

Aperocky 7y ago

I haven't used actual cash in months. The last time I can definitively remember using physical cash was to scavenge my truck to gather 6 quarters for a vending machine that refuse to take card in West Virginia on a ski trip. And that was more than a month ago.

Gwypaas 7y ago
I feel this is a futile stone to die over. It will never happen. Swede here, turning 27 now. When I was 13 (yes 2007) I got my own debit card which my parents deposited my "monthly" money/stipend in to allow me to build a sense of value. I haven't used cash in my life. Whenever I get cash from tips (yes I've worked service jobs) I simply feel annoyed. Like, I plan to actually spend this illegitimate tax free money but then I have to bring it with me??? Refusing card is just going to push you out step by step until noone cares. Because I, or anyone I socialize with sure don't. I know there's endless arguments about privacy and so on that comes up by everyone this topic is touching. But from what I've gathered, people can cover their laptop camera and feeling conscious. But giving up the convenience of a debit card will never happen. (Yes this is Europe, we don't care about building credit. Debit cards are how we roll.)
- GarrisonPrime 7y ago
  Perhaps Europe needs another lesson in what happens when you give your "leaders" too much power over your way of life.
  - Gwypaas 7y ago
    Who are these nefarious leaders? Mastercard? Visa? I have one of either to safeguard when abroad. The bank I choose to mainly use for 1€/month? The party in a proportional system I choose to vote for because I felt they were right and not the least worst optoion? And thank you for the nazi reference. I felt it had a lot of impact.
    - bronipstid 7y ago
      Is it really true that Sweden has no go zones where police are afraid to enforce the law and ambulances get attacked by migrants?
    - bssatTea567 7y ago
      I think the nefarious leaders are the ones using corrupt central banking practices to enrich themselves at the expense of the public while creating chaos like the ever expanding "exposed areas" (no go zones) to keep ordinary people preoccupied dealing with. https://en.m.wikipedia.org/wiki/No-go_area https://en.m.wikipedia.org/wiki/No-go_area A 2016 report from the Swedish Police mapped 53 "exposed" areas (Utsatta områden) and 15 "particularly exposed" areas. An "exposed area" was defined as an area with low socioeconomic status and high crime. A "particularly exposed" area was defined as an area nearby to an "exposed area" the inhabitants of which demonstrated the following qualities: Unwillingness to participate in legal proceedings Hindrance of Swedish police operations Parallel social structure Violent extremism Swedish police protocol differs for working in these areas. For example, the police bring certain equipment and work in pairs when in a "particularly exposed area".[94] In a 2017 interview with the conservative opinion magazine Weekly Standard's Paulina Neuding [sv], Gordon Grattidge, the head of the Swedish ambulance drivers' union, stated that there were some areas too dangerous for rescue workers to enter without police protection, using the English term "no-go zones" to describe them.[95][96][97] In March 2015, journalist Henrik Höjer discussed the rise of criminality, especially organized crime, in various neighborhoods within Sweden since the mid-1990s, especially in the city of Malmö. He interviewed a police officer and task force chief who referred to such areas as "no go areas" and wrote that gangs like to lay claim to an area by throwing stones at mailmen, police, firefighters and ambulances who enter the area.[98]

maxerickson 7y ago

I wonder how much serial # tracking stores do. Given modern hardware, it'd be trivial to track them.

jonhohle 7y ago
Last year I bought some Blu-rays during Black Friday at Walmart. On my way to the car I got an email that the movies I just bought were available to stream through iTunes, Amazon, Google Play, etc. To my knowledge, I’ve never linked one of the streaming licensors with Walmart. So not only are they keeping track of my purchases, they are sharing that info with third parties based on assumptions (I’m assuming email address). I’m sure some think it’s convenient, but I found it really creepy.
- RandomBacon 7y ago
  I can't find it now, but I've seen a couple of annecdotal posts where people with high credit limits got there credit limit lowered right after using the same card at a Walmart for the first time. Maybe those people had other changes in their spending/paying habits, but if credit card companies lower people's credits, how do they make that determination to do so?