Sweden and Norway, countries that use very little cash, are changing their minds! They used to love using phones to pay for things. But now, they're worried about cyberattacks and emergencies.
- Sweden and Norway are encouraging people to use cash again.
- They're worried that if everyone only uses digital money, problems could happen during a crisis.
- Norway might fine stores that don't accept cash.
- Sweden is watching what other countries are doing with their own digital money.
- The U.S. is also debating about its own digital money, with some people worried about the government having too much control.
Country | Action |
---|---|
Sweden | Encouraging cash use, watching digital currency projects |
Norway | May fine stores not accepting cash, recommending citizens keep cash |
USA | Debating about creating its own digital money, with concerns about government control. |