Denmark, Nationalbanken, announced its plan to stop printing paper money and minting

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G4JC

G4JC

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Feb 9, 2011
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In the middle of May, the government of Denmark prepared a draft law that would allow petrol pumps, restaurants and small shops to refuse taking cash for payment. Almost simultaneously the reserve bank of Denmark, Nationalbanken, announced its plan to stop printing paper money and minting coins by the end of 2016. Although the bank is talking about outsourcing these tasks, most people see in these measures the ultimate aim of the Danish government to transform the country into a cashless society. This intention to move towards a cashless society, however dramatic, did not receive much attention in the global media. Denmark, after all, is too small to have any impact outside of the Scandinavian countries. But then, as the German newspaper, Frankfurter Allgemeine Zeitung, rightly pointed out, not many people in Scandinavia would shed tears if they lose their paper currency... Read More.

Reddit: https://www.reddit.com/r/ChristianN...rk_nationalbanken_announced_its_plan_to_stop/
 
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