Sweden is likely to become a cashless society by 2030
Cashless
According to a study by the Swedish Royal Institute of Technology, both researchers and most dealers believe that Sweden will become completely cashless by 2030.
Already, 80% of transactions are electronic.
Source: http://forskning.no/okonomi/2017/08/sverige-spas-bli-kontantlost-2030
Enter cryptocurriences?
I've heard that central banks throughout Europe are looking into creating their own, national crypto equivalent to today's money, so maybe we'll see a bloom of new crypto solutions in the years to come.
!originalworks
Interesting. But I think that there is a push from people who want cash and not have every one of their purchases be traceable - not because they are doing anything wrong. Just for privacy.
Good point. I'm above avarage concered with privacy, so I'm not entirely thrilled about this, but hopefully the future will bring mass adoption of privacy centric cryptocurrencies that people may choose to use.
there is still the problem that we need technology to administer and exchange it. Right now, for example, the power grid is out in Puerto Rico and only cash gets people anything. So, there is that.....
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