Post
Topic
Board Economics
Re: Does this mean Cash will be extinct?
by
UzumakiSakuragi
on 26/10/2017, 15:52:02 UTC
Sweden is contemplating to stop using cash by 2023, does this mean cash might be extinct if other countries follow suit?

https://www.weforum.org/agenda/2017/10/sweden-could-stop-using-cash-by-2023?utm_content=buffer40bef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

For me, its gonna be hard to stop using cash especially in a world where we use money everyday for such a long time. I think its gonna be really cool and convenient if we are gonna use cryptocurrencies to every transactions that we do, but I think replacing cash or paper money is gonna take along way before actually happening.