SWEDEN - Chip Implant Replaces Cash and Cards

Arno Froese

Thousands of people in Sweden are having futuristic microchips implanted into their skin to carry out everyday activities and replace credit cards and cash.

Like glorified smartwatches, the chips help Swedes monitor their health and even replace keycards to allow them to enter offices and buildings.

They have particularly caught on, however, by enabling owners to pay in stores with a simple swipe of the hand, a big deal in a forward-looking country that is moving toward eliminating cash.

The microchips were pioneered by former body piercer Jowan Österlund, who calls the technology a “moonshot”—and who told Fortune magazine that he’s been hit up by hopeful investors “on every continent except Antarctica.”

“Tech will move into the body,” the Biohax International founder told the mag. “I am sure of that.”

Ben Libberton, a British scientist based in Sweden, praised the “definitely exciting” potential health benefits of accurate health metrics taken from inside the body.

“The problem is, who owns this data?” he asked. “Do I get a letter from my insurance company saying premiums are going up before I know I’m ill? If I use the chip to buy lunch, go to the gym and go to work, will someone have all of this info about me? Is this stored and is it safe?”

Libberton added, “It’s not just about the chip, but integration with other systems and data sharing.”

The trend coincides with Sweden’s march toward going cashless, with notes and coins making up just 1 percent of Sweden’s economy. At the same time, the country has seen a dramatic decrease in some crimes—with just two bank robberies last year compared to 110 in 2008.

-www.nypost.com, 14 July 2019

Arno's commentary

Sweden is considered a super-successful nation, with a population of about 10 million people. Life expectancy stands at 82.2 years. Sweden is also known as the super-liberal country. The World Atlas defines liberalism: “a political doctrine that emphasizes protecting the freedom and rights of their citizens.” The article continues, “In the US, liberalism is associated with state policies advocated by president Franklin D. Roosevelt, while in Europe, it is attributed to laissez-faire economic policies.” Leading the world is New Zealand, with Canada third and Australia fourth. All others are European, with Sweden in sixth place.

What about cashless? We have repeatedly stated, it’s a progression that will continue. Besides, there is no such thing as cash if we consider the fact that it is only printed paper. Other reports indicate that technology would allow a shopper to walk into a store and out of a store without scanning the items; it’s all done by sensing devices placed at the entrance and exit.

The Swedes have adjusted to cashless rather well, so that only 1% of Sweden’s economy is based on cash. But, most important is the fact that it has reduced crime. That is an incentive to go cashless, and in the case of Sweden, accept a microchip implant.

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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