If you haven’t heard about this war on cash, you will soon, because it is about to affect your checking and savings accounts as well as your wallet in very real ways. No longer will you be able to maintain a safety net by keeping a cash stash of extra money in case of emergencies or disasters. Cash stored in drawers, mattresses, or safes will become worthless, as all cash transactions will be made illegal through government decree. The banks too will refuse to accept cash in any form and will only accept digital deposits and withdrawals.
Other countries in Europe are following Sweden’s lead to eliminate cash, such as Norway, Denmark, France, and Spain.