Quote from: pugman on September 30, 2017, 03:19:57 AM

Quote from: zycrypto on September 26, 2017, 03:42:05 PM

Swedens 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 worlds 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/

They haven't mentioned crypto any where, there is a teeny tiny possibility of Sweden considering using bitcoin for payment, but there exists a bigger possibility of them developing a crypto of their own and circulate it within their economy or something similar to that. Sweden even though is considered to be a small economy, if they take a big step like this, maybe,just maybe other economies might do the same thing.

Maybe people out there likes to used this credit card, so Sweden one day will become a cash less society. Well maybe they are considering to have their own digital currency, maybe not. But I'm pretty sure that its either credit card or bitcoin being used by most of them. If they adopt and legalizes bitcoin same as Japan, then it would be a huge news to the bitcoin community and for sure the price could go up once again.

Switzerland, Sweden, those small country are taking a big step regarding the used of crypto currency which other nation should adopt. They don't need to be afraid of it, just enough regulations will do.