Featured Above: Homepage of Yes to Cash Norway (JA til Kontanter). The main story is about the letter to the Minister of Finance, a letter which may have lead to the first big bank rethinking of their digitization strategy. Global Y2C Disclaimer:
Global YES to CASH is not about attacking private banking institutions. Global YES to CASH is about stimulating thought as to the essential nature of sustaining our ability to have and hold cash, while sharing alternative solution
Norway was meant to become one of the first cashless societies of the world. According to NHO Travel, a branch of the main representative organization for Norwegian employers the use of cash in grocery stores fell from 40% to 18% between 2012 and 2016. But late 2017 all changed. First week of October 2017 46% paid with cash in their grocery store, according to Aera, a retail payment organization in Norway. The people’s movement Yes to Cash obviously are changing things in N
Hans Christian Faerden - Founder of JA til Kontanter "Yes to Cash" , and contributing writer... The illusion of value If we no longer know what currency backed by real intrinsic (natural; material) value is, how can we even begin a fight to keep it? I had this thought here the other day when trying to go even deeper into understanding why the banks and most governments are fighting so hard to remove cash.
How can I even get this question in my head? We all know what the p
Physical money is under severe pressure from financial industrial sectors, and also until recently from leading political parties in my home of Norway. The governments claim that digital currency development will make physical cash redundant. Global YES to Cash (aka Global Y2C) makes public claim that the removal of physical cash will essentially be the beginning of removing Your Civil Liberties to have and hold cash, in favor of what we may call here a totalitarian digital