Cash usage in the United States, the United Kingdom, the Netherlands, Sweden, Finland, Canada, and France and other industrialized nations has fallen well below 50 percent of total transaction volume.
Source quote, verbatim
cash usage in the United States, the United Kingdom, the Netherlands, Sweden, Finland, Canada, France, among other industrialized nations, has fallen well below 50% of total transaction volume.
Wulf A. Kaal, How Decentralized Systems Can Upgrade AI (2021). SSRN: https://ssrn.com/abstract=3808867
Holds when
industrialized nations at the beginning of the 2020s
Classification
empiricalsupport: evidencedempirical-evidence
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