http://www.cbsnews.com/8301-202_162-57399610/sweden-moving-towards-cashless-economy/
March 18, 2012 5:09 PM
Sweden moving towards cashless economy
*** begin quote ***
But there are pockets of resistance. Hanna Celik, whose family owns a newspaper kiosk in a Stockholm shopping mall, says the digital economy is all about banks seeking bigger earnings.
Celik says he gets charged about 5 Swedish kronor ($0.80) for every credit card transaction, and a law passed by the Swedish Parliament prevents him from passing on that charge to consumers.
“That stinks,” he says. “For them (the banks), this is a very good way to earn a lot of money, that’s what it’s all about. They make huge profits.”
*** end quote ***
Big Brother?
Imagine that “the authorities” can see everything you do and, if not that, then every cent you spend.
There’s a value in anonymous transactions.
Not the least of which is the energy for storing all that data.
Gooferment must LOVE this.
# – # – # – # – #
Posted by reinkefj 
Reinke Faces Life 