Sweden on track to stop using cash by 2023

[sandra_x]

While the news that much of the world show preference for a "cashless" society,it is unlikely it will be phased out that soon enough.I do not believe it to be a strong argument for cryptocurrencies also as the proposal for a cashless society does not spell decentralization .You basically will have your fiats in electronic form

[Kiweikoo]

We have a lot of countries already trying to stop the use of cash in their country not because they want to adopt crypto but because they want to introduce cashless policy, so that users will end up sending figures within themselves whereby the real cash has been used by the banks to do business so that they can make a lot of money and still charge us transaction fee for sending digits from one person to another.

[jackflag]

We have a lot of countries already trying to stop the use of cash in their country not because they want to adopt crypto but because they want to introduce cashless policy, so that users will end up sending figures within themselves whereby the real cash has been used by the banks to do business so that they can make a lot of money and still charge us transaction fee for sending digits from one person to another.

Perhaps Sweden will be the first country to be able to abandon fiat money and fully transfer to cryptocurrency. We will observe this process.

[DeathProxy]

Gradually the global world is beginning to adopt this wonderful technology.  Though its taking time but definetly blockchain and cryptocurrency will move mainstream

[cchub]

"Fuelled in no small part by the increased adoption of alternatives such as cryptocurrency, it seems undeniable that the world is moving closer each day to becoming a globally cashless society."

https://stadivm.com/blog/sweden-cashless-by-2023/

Cash is good for money laundering, while bitcoin can be traced. No wonder why they want to be cashless.

[elitemobb]

This is very good news, the legalization of cryptocurrencies in a particular country is a great chance for the revitalization of cryptocurrencies for the public and I think this is great.

[ivaf]

Listen how interesting! Is the new financial revolution close? If the information from the article is true, then I will be impatiently waiting for the continuation of this story.

[semobo]

Listen how interesting! Is the new financial revolution close? If the information from the article is true, then I will be impatiently waiting for the continuation of this story.

Even if this is truse they might look for other options not the decentralized payment system becaue people are going to get much benefits on this and most of the goverments won't like it to be happen.

[qazgroup]

Yeahmore and morecountries and governments are literally now thinking seriously to move to digital currencies some of them are even thinking to launch state coin i think these are massive events and indicate massive times ahead for blockchain and crypto.

[monalia]

Listen how interesting! Is the new financial revolution close? If the information from the article is true, then I will be impatiently waiting for the continuation of this story.

Even if this is truse they might look for other options not the decentralized payment system becaue people are going to get much benefits on this and most of the goverments won't like it to be happen.

If this accept automatically they put some regulations in decentralized platform so automatically government should undertaking the cryptocurrency. I thought it takes sometime because still perfect conclusion will not reached so time duration varied at anytime.

[coinbirds]

2023 is a bit optimistic but we are clearly heading towards cashless society.
Even now you can pay everything by mobile in seconds and new solutions are on the way with crypto payments.
This is here and real.

[Mmesooma1]

"Fuelled in no small part by the increased adoption of alternatives such as cryptocurrency, it seems undeniable that the world is moving closer each day to becoming a globally cashless society."

https://stadivm.com/blog/sweden-cashless-by-2023/

Spending cash is expensive, bogus and less secure. Sweden has taken a positive way to globally connect its economy. I see other ict compliant or friendly countries to join suit in the revolution

[Pasutinmeur]

2023 is a bit optimistic but we are clearly heading towards cashless society.
Even now you can pay everything by mobile in seconds and new solutions are on the way with crypto payments.
This is here and real.

Crypto payment will be the next solution on a payment system that offers high security and privacy, as long as we are doing it very well and we will not have any problem with it. Japan is about adopting crypto more and more. We don't need cash in the future

[cytpoway121]

"Fuelled in no small part by the increased adoption of alternatives such as cryptocurrency, it seems undeniable that the world is moving closer each day to becoming a globally cashless society."

https://stadivm.com/blog/sweden-cashless-by-2023/

Cashless is more of an exaggeration

Crypto currency and blockchain is to make life easier not extreme

With blockchain helping with fast and quick transfers; it has supported fiat and funds transfer
Stop thinking about an eradication

[honolulumark]

hej

[Badhuamin]

maybe this can happen in the future because if Bitcoin and Altcoin have been received in each country then everyone can use it to buy something in that country.

[Subal_Damudar]

maybe this can happen in the future because if Bitcoin and Altcoin have been received in each country then everyone can use it to buy something in that country.

You make no sense mister. Why use Bitcoin and altcoin that is irreversible when people already used to reversible ideology? take india for example. we want to become digital but we ban crypto. similarly there are other stupid countries around the world.

[honolulumark]

They'll start using BNB 

[sircy]

Now the world of technology continues to grow and many people who want everything are fast and uncomplicated. Cryptocurrency is one that can be a technology that can be used in the future and now. This cryptocurrency can be a digital currency that is currently popular. And many countries will use Blockchain technology.

[Ailmand]

That's the reason why a country like Sweden grows more economically speaking. They are open for adoption and development that could make every transaction easier and more convenient for them. If most countries would have the same plan as Sweden, I guess blockchain technology would make life lighter.