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Topic:
Sweden moving towards cashless economy
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Blue_arrow
Posts: 468
Registered: 2008-7-2 02:02:19
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Date Posted:
1/1/00 12:00am
Subject:
Sweden moving towards cashless economy
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Abaddon_Ambrosius posted:
Sansfear posted:
"After his son was robbed for the third time he started advocating a faster transition to a fully digital economy, if only to make life harder for thieves.
"If there were no cash, what would they do?" says Ulvaeus, 66."
Um, take his cellphone with all his financial information on it?
Yeah. You gotta love stupid people.
A solution in search of a problem, is what we call this.
http://www.wisegeek.com/how-much-do-bank-robbers-steal.htm
there are about 5,000 robberies a year at U.S. commercial banks, More than $40 million US Dollars (USD) is stolen in bank robberies each year in the United States but when broken down by the number of robberies, it turns out that most bank robbers get away with only about $7,700 USD
Cyber Crooks Leave Traditional Bank Robbers in the Dust
http://krebsonsecurity.com/2010/03/cyber-crooks-leave-bank-robbers-in-the-dust/
The FBI hasn’t yet published the 4th quarter 2009 bank crime statistics, but if the $25 million cyber heist figure is representative of a quarterly trend last year — and the first three quarters of stats from last year’s FBI stats don’t deviate much in the 4th quarter — cyber crooks will have stolen well more than twice as much as traditional bank robbers last year in the United States.
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paulg_68
Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
Sweden moving towards cashless economy
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Obama has the US moving towards a cashless economy but for a totally different reason.
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Sin_of_Onin
Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:00am
Subject:
Sweden moving towards cashless economy
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I remember my evangelical friends from my childhood telling me about the mark of the beast and how one day we would all have our number tattooed on our fourhead osmethne and this is how we would pay for everything. I also remember thinking that this would be a good idea.
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Yukishiro1
Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:00am
Subject:
Sweden moving towards cashless economy
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Cyber crooks don't steal your money by holding you up with a knife or gun. I'm not saying that makes it better or worse but the guy was talking about his kid getting robbed. Getting robbed is a lot worse for the person being robbed than having someone steal their CC info with a keylogger.
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Sansfear
Posts: 757
Registered: 2008-8-31 05:04:52
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Date Posted:
1/1/00 12:00am
Subject:
Sweden moving towards cashless economy
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Robbing someone of their smart phone is a lot more lucrative than taking their cash. Most people don't have that much cash on them.
But the Smartphone itself is worth a lot of money, let alone all the financial information that might be stored on it.
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Brother_Tempus
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
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Date Posted:
1/1/00 12:00am
Subject:
Sweden moving towards cashless economy
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Sweden;s move to a cashless economy will be a boon to the underground economy,which will mean less revenues for the government who seeks to benefit the most with such a monetary policy decision
http://www.lehigh.edu/~incntr/publications/perspectives/v22/gallagher.pdf
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Skinnyrumcakes
Title: Lich Larping Vampire Hunter
Posts: 86
Registered: 2002-1-10 10:41:25
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Date Posted:
1/1/00 12:00am
Subject:
Sweden moving towards cashless economy
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Even without all the dreaded conspiracy theories about The Mark, the idea of using something embedded into your hand or forehead to purchase makes a lot of sense. We already have a good start on the technology but it would be a long time before we see something like this become mandatory. Probably during Obama's 6th term.
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