The threat of a cashless Big Brother sees all society is growing by the week. And Sweden should serve as a dire warning to us all as to how real and present this danger is. Cash transactions have now shrunk to be just 1 per cent of the country’s economy, and now Swedes are getting tiny readable credit chips inserted in their hands.
It seems just as foretold in Revelation 13:7 “And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.”
The tiny microchip, scarcely bigger than a grain of rice, have already been injected the hands of more than 4,000 Swedes as their country hurtles into a brave new world without hard cash.
They have chips inserted under their skin – usually above the thumb – to pay for their coffees and bus and train travel, waving a hand across payment machines as if using a contactless card.
This blending of human beings with technology sounds like science fiction. Yet it comes as this Nordic nation – the first in Europe to issue banknotes more than 350 years ago – leads the global march into a cashless society.
Britain is close behind, coming third in a recent analysis of cashless economies, with barely a third of retail transactions still made in notes and coins.
Even pubs and cafes have started to go cash-free, while about 300 cash machines close each month.
‘If we don’t take action now in this country, we’re only a couple of years away from Sweden,’ warned Natalie Ceeney, the former financial ombudsman who headed a review on access to cash published earlier this year.
Notes and coins represent just one per cent of the Swedish economy, compared with an average of ten per cent across the rest of the continent as cafes, shops and even banks stop taking cash.