Re:Sweden's cashless society is no longer a utopia
by mamon on Saturday November 10, 2018 @01:00PM
(#18422488)
More appropriate name would be "dystopia" because banning cash will have mostly adverse effects, intruducing nearly-totalitarian control over the citizens being the most important one.
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Re:Sweden's cashless society is no longer a utopia
by solarwind on Saturday November 10, 2018 @01:45PM
(#18422771)
If you are a Canadian citizen who ever used a credit/debit card at a cannabis dispensary (or if you even just invested or worked for a Canadian dispensary), you are now permanently barred from entering the United States. A cashless society is a totalitarian society.
Re:Sweden's cashless society is no longer a utopia
by berdario on Saturday November 10, 2018 @03:26PM
(#18423307)
Is this for real?
How would the the DHS or another US entity know about payment transactions made on a canadian bank account?
And, I realize that cannabis is not legal at the federal level in the US, but how would lawfully purchasing a cannabis product years ago disqualify you from entering the US?
Re:Sweden's cashless society is no longer a utopia
by vetinari on Saturday November 10, 2018 @05:04PM
(#18423769)
I don't know about this specific case, but if you used a credit or debit card, it would be processed by Visa or Mastercard, which are both US companies, subject to US laws and regulations. That's how the US entities would know.
Re:Sweden's cashless society is no longer a utopia
by Latteland on Saturday November 10, 2018 @05:27PM
(#18423860)
It's for real and the idiotic border police in the us have started asking people about it. https://www.cbc.ca/news/politics/smoke-pot-us-border-1.47185...
Re:Sweden's cashless society is no longer a utopia
by jnurmine on Sunday November 11, 2018 @01:21PM
(#18427709)
Sounds more like Canada needs something like Swish which does not share any payment/merchant data with the US.
But isn't there something like that already for Canadians?
Re:Sweden's cashless society is no longer a utopia
by emerongi on Saturday November 10, 2018 @01:46PM
(#18422779)
Implementation is key here. If a new method can be introduced which offers the same benefits of cash while being digital, open-source and on open hardware, I don't see a huge problem.
Alas, such a solution would probably be extremely hard to create and therefore never will be.
Re:Sweden's cashless society is no longer a utopia
by xc101 on Saturday November 10, 2018 @02:17PM
(#18422957)
These discussions are always closely observed by the fintech startup people.
Re:Sweden's cashless society is no longer a utopia
by vertline3 on Saturday November 10, 2018 @01:21PM
(#18422612)
They could say your rating is not high enough, you are now cut off completely. Or they would know all spending so it would be a bit nosey. And then people would not spend on things causing money circulation to slow, but maybe that is offset a bit by ease of swiping a card.