Post
Topic
Board Economics
Re: Does this mean Cash will be extinct?
by
Lady Coquet
on 23/05/2018, 15:56:17 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
Cashless is mostly used nowadays because it is convenient to used as payment than using cash, but i think cash will not be extinct that easily because poor people don't have any smartphones to used for cashless payments to provide their basic needs. So i think it will take a lot of processes to make cash extinct.