Could Sweden Become First Cashless Society?

The Bible is clear.  A day is coming when everyone on planet earth will need some type of mark on their hand or forehead to access the global financial system which is yet to come.  No cash will trade hands because the new system will be electronic and every transaction will be recorded.  The Bible says those who take the mark will forever give up their chance at salvation through Christ.  It also says that those who refuse the mark will be targeted for death by the Antichrist.  Thankfully, Jesus will be coming for His Bride before this fateful day arrives so that is our blessed hope.  But signs of the coming cashless society are popping up everywhere.  This should be one more indicator of why we shouldn’t be surprised if the trumpet were to blow sometime really soon.

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FROM THE FINANCIAL POST: Few countries have been moving toward a cashless society as fast as Sweden. But cash is being squeezed out so quickly — with half the nation’s retailers predicting they will stop accepting bills before 2025 — that the government is recalculating the societal costs of a cash-free future.

The financial authorities, who once embraced the trend, are asking banks to keep peddling notes and coins until the government can figure out what going cash-free means for young and old consumers. The central bank, which predicts cash may fade from Sweden, is testing a digital currency — an e-krona — to keep firm control of the money supply. Lawmakers are exploring the fate of online payments and bank accounts if an electrical grid fails or servers are thwarted by power failures, hackers or even war.

“When you are where we are, it would be wrong to sit back with our arms crossed, doing nothing, and then just take note of the fact that cash has disappeared,” said Stefan Ingves, governor of Sweden’s central bank, known as the Riksbank. “You can’t turn back time, but you do have to find a way to deal with change.”

ASK MOST PEOPLE IN SWEDEN HOW OFTEN THEY PAY WITH CASH AND THE ANSWER IS “ALMOST NEVER.” A FIFTH OF SWEDES, IN A COUNTRY OF 10 MILLION PEOPLE, DO NOT USE AUTOMATED TELLER MACHINES ANYMORE. MORE THAN 4,000 SWEDES HAVE IMPLANTED MICROCHIPS IN THEIR HANDS, ALLOWING THEM TO PAY FOR RAIL TRAVEL AND FOOD, OR ENTER KEYLESS OFFICES, WITH A WAVE. RESTAURANTS, BUSES, PARKING LOTS AND EVEN PAY TOILETS DEPEND ON CLICKS RATHER THAN CASH.

https://www.nowtheendbegins.com/in-sweden-cash-is-almost-extinct-as-people-implant-microchips-into-their-hands-to-pay-for-purchases/