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Unfortunately, no. Cash is effectively getting phased out in Sweden; these days, there are more physical shops denying cash than accepting it. Trying to make e
by Legogris 7y ago
Unfortunately, no. Cash is effectively getting phased out in Sweden; these days, there are more physical shops denying cash than accepting it.
Trying to make either a deposit or a withdrawal of "large sums" (> ~1K USD equivalent is my understanding) cash at a bank will get serious scrutiny and may even result in funds being seized or frozen.
Things have changed really fast, too. Just 2 years ago I don't recall ever being in a store which didn't accept cash.
And yet, all solutions other than cash are from private banks, which have no obligations to take you as a customer.
Unfortunately it seems like Sweden is far from alone in being on this trajectory, they're just a little bit ahead in this sense.
I do think that there's a case to be made for permissionlessly operated cryptocurrency on a public ledger here.