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Cashless society harder for homeless people

by Futures Centre, Aug 21
1 minute read

The decline of cash in the United Kingdom is reportedly making it harder for homeless people to get spare change. The use of cash has been on a steady decline, having dropped from 62 percent of payments in 2006 to just 40 percent today. By 2026 it is expected to be as low as 21 percent. Indeed, there are predictions cashless societies could emerge in the near future with researchers from the Copenhagen School of Economics predicting that Sweden could become cashless as early as 2023.



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