Post
Topic
Board Bitcoin Discussion
Re: Sweden considering a digital currency, bitcoin technology comes in mind.
by
jekjekman
on 28/09/2017, 06:14:45 UTC
Sweden’s are reportedly not making active use of cash this year has also been recorded as the lowest level of banknote usage over the past 30 years.

In a press release from the world’s oldest central bank of sweden ,Sveriges riksbank, they stated that..

"Today, cash is used to an ever-decreasing extent in Sweden, which has led us within the
world of central banking to start considering whether a digital complement to cash that is
guaranteed by the state is needed so that we will be able to promote a safe and efficient
payment system in the future too"

Read More=> https://zycrypto.com/sweden-considering-digital-currency-bitcoin-comes-mind/

I really don't know why is it that they are wanting to use e-cash now more than their own Fiat currency as Swedish Krona has a good amount of value though, it seems that most of the establishment there are already accepting digital payments and at the same time with digital currencies and with that the circulations of their own Swedish Krona is in jeopardy.

Let's wait what will happen to their Swedish Krona in converting to digital currency as they want to make an 'e-krona' but tend to support bitcoin for future of their digital payments, then this will be an another good news for the bitcoin community as one nation is thinking in adopting cryptocurrencies instead of banning it.