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Feb 20, 2017

Sweden is Slowly Becoming a Cashless Society

Posted by in category: economics

Sweden is beginning to look at doing away with physical money in favor of a completely digital currency given that the amount of hard cash and coin in circulation has already decreased by 40 percent. While Sweden’s economy is better equipped to handle such a change, other countries do not share the same ability in infrastructure, and many would be resistant to the increased transparency of digital currency.

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