MCViewPoint

Opinion from a Libertarian ViewPoint

Sweden, nation that pioneered living without cash, warns: Hoard your banknotes

Posted by M. C. on May 6, 2019

Sweden is desperate for the control a cashless society offers but tells people to stash cash in case things go wrong. Which when you are talking government, things going wrong is inevitable.

The whole point of a government instigated cashless society is a government cyber war on you and your account if government needs your money. Think Cyprus.

https://www.thetimes.co.uk/edition/money/sweden-nation-that-pioneered-living-without-cash-warns-hoard-your-banknotes-6f72jqbf3

As Britain edges towards a cashless future, Sweden has urged its citizens to stockpile change in case of power cuts, a cyber-attack or war

Everyone in Sweden has been urged to stockpile coins and banknotes in case the country’s move towards a cashless society leaves them without money in a cyber-crisis. In a move that will sound alarm bells in the UK, Sweden — one of the most advanced nations for digital payments — has warned that its people could be unable to buy anything if its computer networks were put out of action…

Be seeing you

Sweden going cashless - Chris Skinner's blog

 

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