Crypto Insights AU
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Crypto Insights AU

The Future of Cash and Privacy-Enabling Cryptocurrencies in a Cashless Society

Image credit: Chan2545 via Shutterstock.
Figure 1: The value of various payments methods for transactions conducted in Sweden in 2018. Less than 1% of this is represented by cash.

Source: The Riksbank (reference #12)
Figure 2: Cash to GDP volumes across various countries/areas. Scandinavian nations are defying the trend of several other advanced economies, particularly throughout Europe.

Source: BIS and ECB, via The Riksbank (reference # 12)

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Crypto With Lorenzo

Cryptocurrency enthusiast, writer and YouTuber from Australia. Nothing I say is financial advice, and I am not a financial advisor.