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Estonian Economist Suggests Abandoning Cash

November 20th, 2010 11:01 admin Leave a comment Go to comments

J-Georg writes “Raul Eamets, professor of macroeconomics at the University of Tartu, proposed today during his TEDx talk that Estonia should stop using cash at all when adopting the Euro as the national currency (Estonian original). He also pointed out that abandoning cash would not be only important for the Estonian economy as a whole but also is a real challenge for both IT and banking sectors and would also improve Estonia’s image as an IT-tiger.”

Source: Estonian Economist Suggests Abandoning Cash

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