The Unstoppable Bitcoin | Another Victory | Sweden Becoming Cashless through Bitcoin
Hey Steemians,
Do we consider this an another victory for Bitcoin ?
Sweden has planned to become world's first cashless society via bringing Bitcoin into the system for transactions as similar to traditional cash transaction system.
Now Bitcoin will be a government backed digital money or Cryptocurrency which will give extended support to banks & financial institutions to eliminate cash transactions from the system and bringing more reliable system, Blockchain, in its place. According to sources, there has been significance decrease in number of ATMs as well as cash deposits in Sweden's Banks. Like other Scandinavian countries as Denmark & Norway, Sweden has also said NO TO CASH long time ago.
Sweden also have plans to use the benefits of Blockhain in public service areas which should include land deals too.
Hope more such countries come forward to the success of unstoppable Bitcoin.
@originalworks
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This indeed is a good news if implemented. Crypto currency is illegal in Nepal so far.
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