[HN Gopher] Cashlessness may have gone foo far in Norway, govern...
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       Cashlessness may have gone foo far in Norway, government warns
        
       Author : rmason
       Score  : 28 points
       Date   : 2021-04-23 18:43 UTC (4 hours ago)
        
 (HTM) web link (financialpost.com)
 (TXT) w3m dump (financialpost.com)
        
       | rmason wrote:
       | Cashless transactions should be faster but instead they're not
       | only slower, but much slower. The majority of US merchants don't
       | support them. I'd be curious how Norway is getting a 97% adoption
       | rate.
        
         | toomuchtodo wrote:
         | Norway has universal instant payments.
         | 
         | https://www.pymnts.com/disbursements/2021/deep-dive-what-uni...
         | 
         | With the above in mind, the Fed is rolling out similar instant
         | payments infra in 2023. Think "Zelle, Venmo, Cash App for
         | everything."
        
           | rmason wrote:
           | This is similar to what Bitcoin promised but failed to
           | deliver on. I personally cannot wait.
           | 
           | So now bitcoin can drop the premise and just be digital gold?
        
       | MikeUt wrote:
       | You must describe, in detail, every purchase you want to make, to
       | a 3rd party. You cannot make that purchase until that 3rd party
       | gives permission. It will then sell your transaction history to
       | countless other private and government entities, for purposes
       | unknown to you.
       | 
       | That is cashlessness.
        
         | [deleted]
        
         | quacked wrote:
         | There's never been a better time to be the 3rd party!
         | 
         | WinSmith is hiring roles in our new "cashless society"
         | division. We're looking for experienced devs, product managers,
         | QA engineers, torturers, translators, and internal HR roles,
         | and we already know where they are. Don't worry about sending
         | us your resume- we already have them.
        
           | theandrewbailey wrote:
           | > Don't worry about sending us your resume- we already have
           | it.
           | 
           | As for applying, we will be reaching out to you soon.
        
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       (page generated 2021-04-23 23:03 UTC)