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“Last year Sweden introduced a series of new banknotes replacing its old kronor notes. But figures suggest these too could be gone from circulation in half a decade if the development towards a cashless society continues,” The Local reports,” continuing that “cash transactions today represent no more than two percent of the value of all payments made in Sweden, [and that estimate] will drop to below 0.5 percent within the next five years.
Some welcome the trend – credit card providers, for instances – others have reservations. “It is happening at a furious rate. And it’s important to many older people to be able to use cash. I mean, today it is legal tender and you have to be able to use it until parliament decides otherwise,” Christina Tallberg, chairwoman of Swedish pensioners’ organization PRO, told Swedish Radio on Friday.
OMG Another nation has fallen to the FULL DIGITAL VIRUS after Canada had also succumbed to the disease and sold all its GOLD.
We were in manifest error.
What did we not understand here? NEVER GO FULL DIGITAL.
Settle your accounts before your accounts are settled for you.
What disastrous decisions these were. First Canada, then Sweden, and then?