Sweden Acknowledges Need For Physical Cash
Jun 19, 2019
2 minutes
RICHARD GIEDROYC
Sweden blinked! The nation leading the cashless society charge recently acknowledged that no matter how sophisticated a system of electronic transfers becomes, individuals need to keep physical currency on hand in case of an emergency.
As the May 4 London newspaper The Times put it, “Sweden, the nation that pioneered living without cash, warns: Hoard your bank notes.”
The warning bell was rung by the
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