# kaal:claim:3808867-038

**Claim.** 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.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- industrialized nations at the beginning of the 2020s

**Source quote.**

> 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.

**From.** Wulf A. Kaal, *How Decentralized Systems Can Upgrade AI* (2021), V. Decentralized Commerce, page 19

**Cite as.** Wulf A. Kaal, How Decentralized Systems Can Upgrade AI (2021). SSRN: https://ssrn.com/abstract=3808867

**Verify.** sha256 of source PDF `eeccf6d0587bd278a96ce6ac8ec5003e26d161c245f6c94b4144d84f374802eb` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20How%20Decentralized%20Systems%20Can%20Upgrade%20AI.pdf

**Topics.** empirical-evidence

**Keywords.** cash, payment-systems, empirical-data, digital-currency

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