International Currency Association reposted this
Back to cash: Sweden’s cashless experiment isn’t the utopia many expected. The country that once led the way toward a cashless society is now warning of the risks—both for individuals and national security. As the article states, "Now, electronic banking is seen as a potential threat to national security." This is a crucial reminder that cash must remain a strong, viable choice to safeguard resilience and inclusivity in our societies. https://lnkd.in/dYKJspJ2?
And Sweden has been pushing cash availability since they realized cashless was not the way to go. I applaud their ability to see they got it wrong and made efforts to change.
Agree with your analysis, Frane, and thank you for it. At the simplest level, cash is privacy.
Good insight here
I wonder how cashless is going in Ukraine , Gaza , Myanmar , Sudan right now .....when trouble hits ...there is no cashless society .....except for those without TRUE cash