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This is obviously all wonderfully modern and the wave of the future and all that. Yeah Sweden!!! Totally lagom :-) What the article fails to mention is that th
by polotics 10y ago
This is obviously all wonderfully modern and the wave of the future and all that. Yeah Sweden!!! Totally lagom :-)
What the article fails to mention is that the swedish central bank has been able to implement an extremely aggressive negative interest rates policy thanks to The Cashless.
So if you like your savings eaten away by government mandated fiat (see what I just did there?) then of course be all plasticky and virtual.
This ends in hyperinflation as well as taxation cat-and-mouse games between governments and alternative currencies.