08 Dec Real digital cash in Sweden?
The BDOA eV , which is also supported by creditPass, had already recommended it to the ECB in 2008/2009. Unfortunately unsuccessful. Now the Swedish Reichsbank is setting out to introduce its own digital currency called Ekrona. For a long time there have been reports that European central banks are thinking about a kind of state bitcoin, i.e. official money that does not only change hands electronically, but only exists digitally. There has previously been a dramatic collapse in the use of cash in Sweden – the number of notes and coins in circulation in Sweden has decreased by 40 percent since 2009 as a result of the success of online trading and card payments. The Swedish central bank will now first deal with what a digital currency issued by a central bank could look like and what needs to be considered. It is hoped to make a decision on its introduction within the next two years. To clarify: This is really “real” cash, which is only supposed to enable payments in a different “physical state”, namely digital instead of pressed metal or printed paper.