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Can anyone explain to me why the government issues currency for free, but doesn't provide for an electronic equivalent? Instead of having economic transactions
by lutorm 14y ago
Can anyone explain to me why the government issues currency for free, but doesn't provide for an electronic equivalent? Instead of having economic transactions being controlled by a giant corporation, shouldn't this be considered an essential function that should be handled by the state?
- kalleboo 14y agoDenmark has the government-regulated Dankort, which until 2005 charged no fees, and since then has a fixed yearly fee for merchants (rather than a per-transaction or percentage). This can be a pain for visitors as many small shops and restaurants will only accept Dankort.