Even young, tech-savvy tourists can end up being shut out
Swedes have been eager to abandon cash, but that doesn’t mean they want it gone altogether. A telling survey by Sifo, a polling company, recently revealed that 70% of the population still want to have the option of using notes and coins. As well as appreciating the flexibility, many consumers are clearly worried about what would happen if their phones or cards get lost or stolen.Can crypto help?So, not everyone is happy going completely cash-free. However, with cash going scarce — not to ment...
Even young, tech-savvy tourists can end up being shut out
Swedes have been eager to abandon cash, but that doesn’t mean they want it gone altogether. A telling survey by Sifo, a polling company, recently revealed that 70% of the population still want to have the option of using notes and coins. As well as appreciating the flexibility, many consumers are clearly worried about what would happen if their phones or cards get lost or stolen.Can crypto help?So, not everyone is happy going completely cash-free. However, with cash going scarce — not to ment...
Microchips, banks and the government in Sweden are all contributing factors to
Microchips, banks and the government in Sweden are all contributing factors to the growing cashless revolution in the country. Train companies have even given microchipped commuters the opportunity to pay for their tickets using the technology. But it hasn’t all been plain sailing. The changes have come so rapidly such that the Swedish government has gone from encouraging its citizens to take up cashless payments to weighing up the costs. The country’s central bank is concerned about the rapi...
Microchips, banks and the government in Sweden are all contributing factors to
Microchips, banks and the government in Sweden are all contributing factors to the growing cashless revolution in the country. Train companies have even given microchipped commuters the opportunity to pay for their tickets using the technology. But it hasn’t all been plain sailing. The changes have come so rapidly such that the Swedish government has gone from encouraging its citizens to take up cashless payments to weighing up the costs. The country’s central bank is concerned about the rapi...
ost crypto skeptics will present arguments that revolve around th
ut here’s the thing: Swedes have been relying on notes and coins issued by the central bank for hundreds of years. A historic change is taking place at a head-spinning pace, with increasing numbers of businesses and even some banks refusing to deal with cash. Data from the country’s central bank indicates that more than 85% of Swedes now have access to online banking services — and more prefer paying with their card or a mobile app than with cash. Even churches are adapting to cashless life, ...
ost crypto skeptics will present arguments that revolve around th
ut here’s the thing: Swedes have been relying on notes and coins issued by the central bank for hundreds of years. A historic change is taking place at a head-spinning pace, with increasing numbers of businesses and even some banks refusing to deal with cash. Data from the country’s central bank indicates that more than 85% of Swedes now have access to online banking services — and more prefer paying with their card or a mobile app than with cash. Even churches are adapting to cashless life, ...
itcoin as the one true currency is an impossible dream.”
Calvin AyreAnother prediction about Bitcoin from a crypto skeptic that totally went south was that of Calvin Ayre, a Canadian billionaire entrepreneur who forced the Bitcoin Cash hard fork. In his 2018 prediction about Bitcoin, he mentioned that it will go to “zero value” and that “it has no utility.” Contrary to his prediction, reports indicate that Bitcoin continues to thrive as the top cryptocurrency. Also, in terms of mass adoption, Bitcoin and cryptocurrencies have improved.9. Antony Gar...
itcoin as the one true currency is an impossible dream.”
Calvin AyreAnother prediction about Bitcoin from a crypto skeptic that totally went south was that of Calvin Ayre, a Canadian billionaire entrepreneur who forced the Bitcoin Cash hard fork. In his 2018 prediction about Bitcoin, he mentioned that it will go to “zero value” and that “it has no utility.” Contrary to his prediction, reports indicate that Bitcoin continues to thrive as the top cryptocurrency. Also, in terms of mass adoption, Bitcoin and cryptocurrencies have improved.9. Antony Gar...
Known today as the founder of a Toronto-based blockchain research institute — not to mention the co-author of the book “Blockchain
Known today as the founder of a Toronto-based blockchain research institute — not to mention the co-author of the book “Blockchain Revolution” — Don Tapscott was not always a believer. Tapscott is a converted Bitcoin skeptic who used to believe that Bitcoin would never fly. He, however, disproved his previous beliefs about Bitcoin and has now changed his mind. Currently, he thinks Bitcoin is not just going to fly as a currency but that the underlying blockchain technology is a core part of th...
Known today as the founder of a Toronto-based blockchain research institute — not to mention the co-author of the book “Blockchain
Known today as the founder of a Toronto-based blockchain research institute — not to mention the co-author of the book “Blockchain Revolution” — Don Tapscott was not always a believer. Tapscott is a converted Bitcoin skeptic who used to believe that Bitcoin would never fly. He, however, disproved his previous beliefs about Bitcoin and has now changed his mind. Currently, he thinks Bitcoin is not just going to fly as a currency but that the underlying blockchain technology is a core part of th...
