Hexbyte  Hacker News  Computers Why Sweden’s cashless society is no longer a utopia

Hexbyte Hacker News Computers Why Sweden’s cashless society is no longer a utopia

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The Swedish retail payment market is rapidly moving away from using cash. The outstanding value of cash in circulation has dropped to 1% of Swedish GDP. This development raises some crucial issues regarding the state‚Äôs role in the payment market. For hundreds of years, the public has been offered central bank notes and coins. If…