Sweden: The Road Toward a Cashless Society

By October 19, 2015Bitcoin Business

Since October 2014, the Swedish National Bank, also known as Riksbank has cut its interest rates below zero . That means that for well over a year the people of Sweden have been paying the banks to keep their accounts and credit cards accessible.

According to a study published by a group of industrial technologists led by Niklas Arvidsson at the Royal Institute of Technology in Stockholm, banks and economists are pushing a “cashless society” […]

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