ElectronicsQuestions on Nostr: Hi from Norways neighbor Sweden! We desperately need such a law. This is one of the ...
Hi from Norways neighbor Sweden!
We desperately need such a law. This is one of the instances I'm definitely not agreeing with the hardcore libertarians. Cash is the only thing that can protect financial privacy and partial financial sovereignty in the short-to-medium term, and it's quickly being done away with in this country. I recently read that about half of the stores here don't accept cash!
However, it needs to be more thought through. Many businesses stop accepting cash because they have trouble getting rid of it. A law was passed a few years ago saying that the banks must have some way of depositing cash, but unfortunately they only have machines that accept bills, not coins. (Most bank offices don't handle cash at all.) And there's only one value-transport company, Loomis.
We desperately need such a law. This is one of the instances I'm definitely not agreeing with the hardcore libertarians. Cash is the only thing that can protect financial privacy and partial financial sovereignty in the short-to-medium term, and it's quickly being done away with in this country. I recently read that about half of the stores here don't accept cash!
However, it needs to be more thought through. Many businesses stop accepting cash because they have trouble getting rid of it. A law was passed a few years ago saying that the banks must have some way of depositing cash, but unfortunately they only have machines that accept bills, not coins. (Most bank offices don't handle cash at all.) And there's only one value-transport company, Loomis.