Tomorrow's World: New Banking 09 December 1969 - BBC 

One, One, One... um, One!

@@PassiveSmoking Never mind. No-one could ever guess that my only online password is PASSWORD.

reinplat lol even though it may be reply out of context, I remembered something that happened to me due to ATM refusing to give me cash..and I hope u will enjoy hearing about it.. It was the very early days of cardless cash system where I lived. If you dont know by anychance what cardless cash system is..basically its a smartphone app which let me withdraw money from my account..the number it generates and security code it texts combined allowed to enter those number in ATM and I get the cash out of ATM that I nominated without ATM card... So it was the end of year season of 2015. Basically a festive season. I had went through peak of heroin addiction and was gradually trying to cut it off my life and was determined to clean myself up by next year then, which I kind a feel lil proud saying I did even though I cant say for sure I am as happy as I expected then I would be. But I know its just the reminiscence of the past haunting me and each day they are fading lil lighter.. Anyway enough with background, the story was, I had my appointment with my heroin dealer. I used to buy at very minimum $150 worth at once in morning and sane at eve. So it was morning, I was already hanging out and I had called my dealer and he was waiting and said he can only wait 10 more mins else he will go and come back in couple of hours. In rush I forgot my ATM card at home so I did(not for first time) card less cash.. damn thing refused to give me money.. I panicked looked at clock had got 6 mins left and i called dealer to give me 5 more mins and called staff in bank within. Staff, an asian guy came out.. I said my money is stuck and now I am gonna loose my very important job interview if I dont get on the train in 5 mins..He said wait and start calling tech support. I was checking my phone for each second passed.. As I get called from dealer again I pleaded him to wait for 5-7mins more as he was my regular he said 10m and i am gone. Now i have had over with him and I said look if I lost my job interview due to your machine failing you shall be responsible. He said me to wait for a minute and came back with 150 cash and apologized for inconvenience. I wasnt happy but atleast now I could run, then dealer called again and said relax and take 5 more mins I am going to grab a coffee. Then for some reason I checked my bank app again and I saw that machine had actually returned my money to my account. I tried cash less card with another machine round the cornor and I got another 150. I got 2 dose in morning that day and in after noon I went for long awaited suboxone program appointment to clinic and after few months then after.. I finally got off from damn heroin's fake happiness.. But that day's computer glitch I saw as chance to enjoy twice as much today but make it last.

reinplat £100 was a lot back then...

I was going to write a similar comment, but although I remembered Hal's and the name of the film, but I couldn't remember Dave's name. Thanks for writing it for me😊

@@falaicha Lou Reed's 'Waiting for the Man' is much more entertaining.

LOL

Customer: " I've had a smashing time, anyway"!

because then people will sue the machines for sexual harassment.

Typical conservative crying they can't assault people.

All this people complaining about sexual harassment laws or about the rape culture not realizing we do have that sexy voice. It's called Siri or Cortana or Alexa.

Because these days they would try to f*** it lol

Do the person in the next queue a favour and whisper that in their ear when. They are done paying

Well, compared to the 60s, sure. However, lots of advancements are rapidly forming, and I find it kind of amazing to know that the future is an ongoing thing and not a fixed point in time :D

What is cool nowadays is cash, bartering and vinyl

I still don’t have a Jetsons flying car damn it!

im waiting for them to predict that telephones will let us type messages to our love ones while driving a car. I could just see the amount of accidents caused if they do ever make a telephone that can do that.

A colour television receiver? I don't see that catching on any time soon.

Colour tv had been around for a long time in 1969

If they start telling us we'll get vehicles that can drive themselves, like a pod thing, I'm just gonna stop watching.

referral madness since the early 50’s

It doesn't predict the debit card. It IS the debit card.

@@mydevices5503 I agree, it IS the debit card. First time I ever really used a stored value card was my freshman year at UofW in Seattle (Fall 1982). It was a good system re: for purchasing items on campus. They also had an ATM, which was amazing as well. Ten years later; it really started in re: POS terminals everywhere (this was in Phx AZ in the early 1990's, at least for that area. By the mid-90's, pretty much everywhere...

@@ButcherBird-FW190D نَيس ܢ݁ܝ̤ܣ

When your paying a few million back in 1969 for a complete mainframe computer system for your entire banking system, you better get a model of what it's going to look like! The model maker probably was only paid no more than 1000 (that's probably too generous, more like 500) for their work back in 1969, and that would have been a lucrative gig to get.

Not really because apart from a few scientists and universities in the States - nobody was online

And AI jobs are now being done by computers too

@@simongill184 AI needs trade unions...

Well, this system was an imagining of the debit cards. They just did away with the clunky hardware, reducing it to a single device with it's own dedicated connection.

They got fired.

They moved to the more secure jobs of supermarket checkouts.

The became RU-vid "social influencers."

@@utubeozpat They are even eliminating those positions with all the self checkouts now. Walmart now has more self checkouts than regular staffed checkout lanes. Plus, my local small grocery store has more self checkout kiosks, installed in the last year or so, where they were a holdout of staffed checkout lanes.

@@marcusdamberger Understand what you are saying but my comments were tongue-in-cheek. In this fast moving world no jobs are secure.

Those computers had also huge air conditioning and also their own power generators in case of power service failure.

It really depends on where you live. I don’t use cash at all.

@@JustasSireika I’m talking about all the security wrapped around wireless and online transactions. Even with all that, hackers with nefarious intentions still will cause harm.

It was.

We have done it for the past 11 years in kenya.

And if your phone is stolen/damaged/lost/ out of battery, or some technical fault happens, like the screen freezing.....you're stuffed. And if you don't have cash on you as a back-up, you're extra stuffed!

I used to bank with Barclays, condescending voices encouraged me to swap banks.

The voice is unrealistically pleasant and friendly-sounding, but hey, they are trying to "sell' the innovation to you....

The last image of the deserted computer room with the voice repeating, as if the computer had a fault or a fake fault, and the voice was more robotic, really was reminiscent of the Hal scene in the film '2001-A Space Odyssey' and rather chilling.

Which is actually a good thing for a number of reasons.

@@RayJorg And not so good for other reasons.

You and I saw this very differently than most making nostalgic comments!

@@MarpleSteve Sad but true my friend - they have no idea where this will take us. Please keep helping them try to see how bad this idea is. If we stay strong we can stay free

@@thesmallnotesduo I agree. When you see it it’s your mission. Truth wins eventually

@@MarpleSteve It will my friend.

I hope everyone reading your comment realise you mean it ironically. Some countries don't understand irony.

Omg I noticed that as well, like she was some sort of marionette lol

Started really hitting into stores in the early to mid-1990's. I saw the first "Real Life" applications in the early-1980's, but as to becoming a standard, your 20-year estimate is about right.

So...If you damage your fingers, you're stuffed. Or your watch and phone are stolen/damaged/ lost, you're also stuffed. I can think of another scenario but it's not very pleasant and you might be able to guess what it is so I won't spell it out. Actually I can think of at least another scenario. And if you don't have cash on you as a back-up, you're even more stuffed.......

The same logic can be applied to losing your wallet that has cash in it or having it stolen. If my finger is damaged I unlock the phone with my pin. If my phone is stolen I use my watch, if my watch is somehow stolen off my wrist then I would use my contact less debit card.

What’s a cheque? I heard my grandparents talk about them…

@@portlyoldman oh don’t worry, banks still clear each other’s debts at the end of each trading day in a back room with no windows 😆

@@harleyd9180 🤣🤣

You rock.

@@louiseogden1296 :)

@@anonUK :)

The £1 coin wasn't in introduced until 1983, before that it was £1 notes

Yes, they WERE A THING you know!!!

Notes for 50p were still valid until the following year.

Such an UNORIGINAL comment!!!! 👎

@@marcse7en Why, thank you! 😆

Alot more powerful than only 10x

Most places don't take cheques anymore- and even cash is on the way out.

I haven't had cash in my wallet for well over two months - thanks to COVID - here in Australia cash was already dissapearing but it's accelerated.

Why don't YOU bring CANADA into TOMORROW'S WORLD? 😂😂😂

Soon we won't even need to buy things, to buy things.. they'll just show up and the money will be sucked from your bank account.

MAIL ORDER has been a "thing" for YEARS! Certainly way before computers!

Hhhhmmmmm......Wonderful for the local economy and small independent businesses and people's health and great for the giant companies to bankrupt small independent businesses, giving the giants even more monopoly and power. I mean all this ironically of course.

I still have a cheque book, and if a company seriously pisses me off, I pay them by cheque... to piss them off!