Chuckanut
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Here is an interesting article on Sweden's move to a cashless society.
An interesting thought on how to reduce crime and corruption.
One Swede Will Kill Cash Forever—Unless His Foe Saves It From Extinction | WIRED
An interesting thought on how to reduce crime and corruption.
One Swede Will Kill Cash Forever—Unless His Foe Saves It From Extinction | WIRED
I challenge anyone to come up with reasons to keep cash that outweigh the enormous benefits of getting rid of it. Imagine the worldwide suffering because of crime, from drug dealing to bicycle theft. Crime that requires cash. The Swedish krona is a small currency, used only in Sweden. This is the ideal place to start the biggest crime-preventing scheme ever. We could and should be the first cashless society in the world.—Björn Ulvaeus
Swish is what really sets Sweden apart, even among its similarly low-cash, high tech Scandinavian neighbors, because it replaces cash in the last kind of transaction where it had been most convenient: person-to-person payments. A souped-up Venmo, Swish moves money instantaneously between users’ bank accounts, no processing time required. All you need is someone’s phone number.