Post
Topic
Board Economics
Re: Does this mean Cash will be extinct?
by
fishball
on 09/02/2018, 11:54:58 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

I think it won't happen. Cryptocurrencies are still not legalized and if other countries have already done legalizing these, other countries won't be able to catch up specifically third world countries. They will still stick to what has been used for centuries.