The idea is to make your money visible to you, as they get more and more digitized. NDD started investigate how to make this heavier and lighter depending upon how much money you had to spend.
It would really simplify my life when I try to educate my children how you work for money, that money is not produced from an ATM, that you do have money even if you don’t see them and that the gold 10 sek coin is worth less than the 200 sek paper bill, which is not at all as shiny.
The thing that got me thinking was if the coin should get lighter or heavier with more money on (in?) it. As you use your money, you get a burden, so it should weight more – thinking of that we actually own less money than we have (house, car and other loans usually outweigh the monetized assets we own).
Or if it should get lighter as we spend more money because it is less left to spend. A feather light coin in the end of the night when you try to get a taxi cab home, was not good planning.
The coin also show how much money you have on (in) the coin (account). To spend, you actually have to swipe to pay. You would have to perform a physical action to pay, not just a pin code, a tattoo or a chip that you briefly touch a surface with. It reminds you of that you have spent money. I can clearly say that I spend money without the feeling of spending it (webshops or pay-with-your-phone-cashiers) and understand the need for it. We are not built for the digital community, we are as humans built for a physical world.
It is interesting to see how these two have to live side by side and what inventions will hit the market, or completely fail.
Apple pay pay your purchase in seconds. Do we want that? Who are “we”?
What about adding your balance to your credit card (showing as you use it). I would assume that it won’t happen as the credit card company would not like you to be aware of how much you spend as they make money on your overspending, but what if? Well, it is already invented (article, YankoDesign) … but will it be used?
Where are our money? Now that is a quite interesting question – for another article!
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