Top 6 Cashless Countries as of 2016
Even though some governments are looking to end cash all together in their respective countries, the task at hand is difficult to tackle. As it turns out, there are …
Tag: Cash
US Cash Usage To Dip Below 25% By 2026
It is evident that virtually every country in the world will see a decline in cash usage. This is not all that surprising, as cash is one of the …
Spanish Government Wants To Curb Cash Usage To 1,000 Euros Per Transactions
It is quite apparent that the financial situation in Spain is evolving in the wrong direction. As of right now, there is a”ceiling” of 2,500 Euros per cash transaction. …
New Visa Report Indicates Cash-based Christmas Shopping is On The Way Out
November 30, 2016
Finance
Visa, the world’s leading payment card issuer, stated how cash is slowly becoming a thing of the past in the United Kingdom. With £28bn spent on Visa cards on …
Barclays To Deploy Contactless Cash Terminals In Early 2017
Contactless payment technology can be used for other purposes than paying for goods and services. Barclays, one of the UK’s largest financial institutions, will install contactless cash machines throughout …
Zimbabweans Sleep Outside Bank Branches To Withdraw Money From Savings Accounts
The financial situation in Zimbabwe is getting out of hand rather quickly. Things have gotten so dire that bank customers are sleeping on the streets, close to the office …
Bitcoin is The Answer For Chinese Travelers Looking To Escape Domestic Capital Controls
There is something terribly wrong with governments and law enforcement agencies who confiscate cash at random. An article surfaced online on September 10th, explaining how Chinese travelers often carry …
Ken Rogoff: “Governments Will Restrict Widespread Bitcoin Usage”
If cash would ever be abolished by countries altogether – which seems unlikely – people may flock to Bitcoin over time. After all, everyone values their financial freedom, even …
Cash And Bitcoin Are Being Opposed Because They Both Offer Financial Freedom
There is an apparent correlation between the usage of cash, and being excited about Bitcoin. Both forms of transferring value provide financial freedom, albeit there are some significant differences …