As Cash Use Plummets, Swedish Government Begins Testing Cryptocurrencies
Authored by Mac Slavo via SHTFplan.com,
Riksbank, Sweden’s central bank, is taking a serious look at Bitcoin. As cash use plummets and the amount of currency in circulation dwindles, central banks are looking to cryptocurrencies as government-backed money.
In Sweden, the number of banknotes and coins in circulation has fallen to its lowest level in three decades.