How often do you use cash?
Maybe you don’t use it much at all. With credit and debit cards and so many different apps, you don’t have to use cash very often these days.
But can you imagine a country that’s completely cashless?
Well, read on!
A Country Without Cash
The country of Sweden has big plans: It will be a cashless society by 2023. Cash will no longer be accepted as payment—for anything!
Always first
When Sweden becomes cashless, it will be the first country in the world to do so, and that’s pretty special!
But did you know that it was also the first European country to start using banknotes in 1661?
Sweden definitely has a history of being first with money!
An easy switch
Becoming totally cashless won’t be a big change for the country. Right now, more than 80% of Sweden’s transactions are cashless. There are already some places where cash isn’t accepted, such as on public transport.
Besides debit and credit cards, many Swedish citizens use a mobile payment app called Swish. The app was created in 2012 by the six largest banks in Sweden.
The e-Krona
Because the country will no longer have cash currency (which is called the “Krona” in Sweden), the central bank wants to introduce digital currency: the “e-Krona.”
Is It a Good Idea?
A lot of people think that a cashless society is a great idea—and many others disagree.
So, what are their reasons?
Safety
The people who agree with a cashless society think that it will make the country safer. Since there will be no cash to steal, public safety will increase.
There will also be fewer crimes like bank robberies and the sale of illegal drugs and weapons.
No Privacy
Those who disagree are worried about privacy. There will be a computer record of everything a person buys—and that information might be misused.
What Do You Think?
Soon, Sweden will become the world’s first cashless society. Do you think it’s a good idea?
See Grammar explanation 
A suffix is a letter or group of letters added at the end of a word that change its form and meaning. For example:
——-
- Drive – driver / Write – Writer (From verb to noun)
- Happy – happiness / Kind – kindness (From adjective to noun)
- Home – homeless / Cash – cashless (From noun to adjective)
- Soft – soften / Short – shorten (From adjective to verb)
Sometimes when we add the suffix, the end of the original word changes. For example:
——
- Beauty, plenty + -ful: beautiful, plentiful (-y to -i + -ful)
- Crazy, lonely + -ness: craziness, loneliness (-y to -i + -ness)
- Sensible, flexible + -ity: sensibility, flexibility (-le to il + -ity)
- Remit, omit + -ion: remission, omission (-t to -ss + ion)
Some common suffixes and their meanings are:
——
- -able: capable of being (predictable, adaptable)
- -en: become (soften, fasten)
- -er: Someone who performs an action (teacher, dancer)
- -ful: Full or or remarkable at something (grateful, wonderful)
- -ion: Action or process of something (celebration, decision)
- -ity: State or condition of something (probability, equality)
- -less: without (cashless, fearless)
- -ly: in a certain way (bravely, honestly)
- -ment: Action or result of something (improvement, movement)
- -ness: State or quality (kindness, darkness)
- –sion: State or being (confusion, tension)
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It’s not good idea for poor people who needs cash to survive, or for the farm which would pay with cash their’s employees to avoid paying taxes for transactions.
Globaly it’s good idea to make society safe(no cash steal)
What about those that don’t have access to the bank accounts or technologies? Cashless could work but if everybody is into the system. Otherwise many people will suffer. They have to create a system for everyone! I hope it will not creat more distance between poor and rich people!
When you live in a safe country , thw technolic stuffs could be implanted. But cashlees in 3th world….it never gonna be .
I think it would be better a good compromise between cash and e-money
In times of Corona for example it is better to pay with debit card on contact-free devices to reduce the risc of infection through touch.
Last year In Copenhagen, Denmark, I remember, I did all my payments (hotel, shops, restaurants) cashless.