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The Cashless Society Cometh: European Nations Such As Sweden And Denmark Are ‘Eradicating Cash’

by Michael Snyder, The Economic Collapse Blog:

Did you know that 95 percent of all retail sales in Sweden are cashless? And did you know that the government of Denmark has a stated goal of “eradicating cash” by the year 2030? All over the world, we are seeing a relentless march toward a cashless society, and nowhere is this more true than in northern Europe. In Sweden, hundreds of bank branches no longer accept or dispense cash, and thousands of ATM machines have been permanently removed. At this point, bills and coins only account for just 2 percent of the Swedish economy, and many stores no longer take cash at all. The notion of a truly “cashless society” was once considered to be science fiction, but now we are being told that it is “inevitable”, and authorities insist that it will enable them to thwart criminals, terrorists, drug runners, money launderers and tax evaders. But what will we give up in the process?

In Sweden, the transition to a cashless society is being enthusiastically embraced.  The following is an excerpt from a New York Times article that was published on Saturday…

Parishioners text tithes to their churches. Homeless street vendors carry mobile credit-card readers. Even the Abba Museum, despite being a shrine to the 1970s pop group that wrote “Money, Money, Money,” considers cash so last-century that it does not accept bills and coins.

Few places are tilting toward a cashless future as quickly as Sweden, which has become hooked on the convenience of paying by app and plastic.

To me, giving money in church electronically seems so bizarre.  But it is starting to happen here in the United States, and in Sweden some churches collect most of their tithes and offerings this way

During a recent Sunday service, the church’s bank account number was projected onto a large screen. Worshipers pulled out cellphones and tithed through an app called Swish, a payment system set up by Sweden’s biggest banks that is fast becoming a rival to cards.

Other congregants lined up at a special “Kollektomat” card machine, where they could transfer funds to various church operations. Last year, out of 20 million kronor in tithes collected, more than 85 percent came in by card or digital payment.

And of course it isn’t just Sweden that is rapidly transitioning to a cashless society.  Over in Denmark, government officials have a goal “to completely do away with paper money” by the year 2030

Read More @ TheEconomicCollapseBlog.com

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8 comments to The Cashless Society Cometh: European Nations Such As Sweden And Denmark Are ‘Eradicating Cash’

  • Paul Prichard

    The banksters are mistaken if they think all of the people will adopt their cashless system. Bitcoin is coming on strong.

  • johnjames

    That is probably because in the end it would stop a bank run being possible??

  • Rob

    Their government gave the women and homes,clothing and food,daughters,wives,sons,cars,everything to refugees, Taken all their weapons so why do they need cash.

    Do not worry your criminal government is doing the same for you and your families.

    RIGHT NOW !

  • Rob

    ” authorities insist that it will enable them to thwart criminals, terrorists, drug runners, money launderers and tax evaders. But what will we give up in the process?”

    Excuse me sir but….The authorities are exactly who is doing whats on that list.

    Busted, all lies to detract from the real criminals.The ones who write and enforce these twisted sums of WORDS and LETTERS to inflict REAL physical diabolical loss of Human Life.

  • Howard Roark

    This guy is an evangelical LOY YA, he’s waiting for the magical glass “rapture” elevator.

    Why does anyone read him anymore?!?!?!?!

  • Andrew

    it’s must easier and faster to steal millions if not billions by click of the mouse than moving fiat paper around countries. With cashless society, the real criminal can steal and control you 24/7.

  • andrew

    It’s much easier and faster to millions if not billions with a click of a mouse than moving fiat paper around countries. Business love cashless because sheeple spend more electronically than counting out the cash. Going cashless only enable the real enemy (government) to control or steal from you 24/7

  • Ravenhill

    Not only my kid has to have a business license, take a $75 food safety program, acquire a global payments device/registration/account(because cash will be illegal and the big bank takes a cut of every sale), and register a Federal Business tax account to submit tax receipts of future Revenue…..Just to open a frigging lemonade stand!

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