Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Biggest benefit of cash-free economy not mentioned in the article: escape from the Zero Bound in conducting monetary policy (https://en.wikipedia.org/wiki/Zero_lower_bound). It can't be that central bankers in Sweden aren't realizing this; Sweden's central bankers have always been a notch above performance-wise.


But this also assumes that the zero bound is a problem for monetary policy. Personally, I believe it is a feature not a bug to have a zero lower bound.


Kinda sad that the only way we will ever solve this problem seems to be by pure accident.




Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: