Imagining a Cashless World
Nathan Heller explores the way that Sweden is phasing out paper money, and examines a potentially cashless future.
The Västberga heist saw thieves descend by helicopter onto a cash depot's roof, escaping with millions. But to economic theorists, it was a parable: "Cash is the squirmy ferret of societal wealth—tricky to secure physically and, once liberated in the wild, almost impossible to get back."