"If there were no cash, what would they do?" says Ulvaeus, 66.
Before his utopia comes true, has this former ABBA guy considered moving out of the crime infested area they live in? 3 times?
Seriously though, these guys fail to realize that the absence of cash will create a vacuum in which another form of curency will spring up. That would have to be made illegal.... and down we spiral.
The thieves will now be able to steal it all with a few key strokes instead.
So instead of being robbed by a common thief, they can look forward to being robbed by the government and their proxies through government controlled banks. They already are. After this, the abba dude can move on and advocate for implanted chips.