Contradicting Country's

in #finance • 8 years ago (edited)

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Luckily and thankfully, I haven't used a bank since many many years coming up to nearly a decade now. I've done just fine and have only found that the downside to not using a bank is to be able to buy Crypto instantly online in dips, and whatever else my mind says I want from sites such as Ebay. We all know how some country's are becoming very cashless and here in Poland I can see that the government wants to shift the people to be paying with swiping the card via the chip to instantly pay for things in shops.
In Norway where I am living some years, the people in the city's literally have no cash on them and lets not forget that Norway is one of the wealthiest country's in the world meaning the people have money, but 90% of them don't even want to see it, feel it, smell its or physically trade it for other good's anymore - and this is something I find very disturbing. Getting back to to Poland, everywhere is set up with chip readers to pay with your card and more people are adopting it but the great thing is that people still carry cash on them.

I am quite excluded from society but I hear in the Uk in London especially, most people are paying with their mobile phones and the use for cash is getting reduced more and more. Today nearly everyone has a bank account in the western world, and we take it for granted that others around us are using banks because everyone else is. It happens quite often that people say to me "well just pay with your card" and are shocked when I say I don't have one.

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The problem unfolding is that we will have no freedom of finance and will be forced to be a registered citizen, registered at an address, and to have a bank account - all just so we can pay for things. This is the opposite of freedom or having the choice to leave society and be a free man, but still convenience has become a necessity and so will we willingly give up our freedoms for anything that makes our 'stressful' live's easier.

This post is inspired from standing behind an old man who was paying by card earlier in the shop and I did that movement of turning away so he would know that I'm not looking for his pin number to rob him later of his bank card when he left the shop.


This is where I get a huge laugh at how stupid society really is..

How shocking to see that I didn't need to turn away and that he payed for the item's without giving any pin number or even an ID check of the name on the bank card to see if it was the correct person using it. Just swiped his card over the reader and bam, voila he paid.

In Norway people tell me that its safer to use the card and pin, because then no-one can steal your money (which is BS anyway because how rife credit card fraud is) and that "someone needs to look after my money" referring to the banks, but they too have started to be able to pay with the phone digitally. Its interesting to see what are nearly two opposite country's when it comes to the payment method's used because they contradict each other.

One says the card payment method is safe, when in another country its ridiculously unsafe when anyone can take your card and swipe to pay something.

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I guess on the bigger picture, the ones behind that big curtain that most know as a daily reality let governments test out different payments methods and introduce different ways in different country's. Imagine in Norway with the rich people all walking around paying with the chip option. I'm sure many will start getting mugged more often and crime would soar.

Where does this all lead to?

From observing the 2 country's its obvious that Poland with the chip payment slowly becoming more popular will have to start using BioMetric Camera's to confirm identity of the person using the card, and I've already seen a gym using fingerprint's to enter the turnstyle! Otherwise people loosing cards in wallets and also getting targeted by thieves, will be too much at risk to loosing money.

In Norway they most likely will skip this paying with card and just pay with phones in the near future, indicated by some years already people use an app to transfer funds to each other instantly.


Something to ponder on..

It's been confirmed and Sweden WILL have its own E-Cash and this means that people can still be included in society's finance and trading and will not require a bank account. This is quite cool the fact its still a cash, not used via the bank to make transactions and will be P2P.


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These great times we are living in will be breathtaking if we make sure to witness them and not get distracted away.

Have a great day, and remember, cash is your freedom! (And that Bitcoin you have hodl'd away there somewhere- but that's for the next decade or the one after!)

Big Love!
@movingman

P.s I'm off to play Hashkings as I just remembered it launched lastnight!


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Sure is interesting to see how all this new payment systems work out.

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I agree about the push towards digital, and it's everywhere. I can feel it in the air though here in America, taking out some paper, getting coins that you know you'll never really use and stuffing it in your pocket with the receipt. It's getting pretty dated.

Scary shit! Good bye freedom of finance and good old glass jars of full of those penny's and reciepts😂