My dad, a former Wall Street trader always advised me “cash is king” and to “hold on to it” when the economy gets tough.
But in the Netherlands, cash is definitely not getting the royal treatment. In so many places, it has simply ceased to be recognised as legal tender. More and more Dutch stores, from upscale health-food store Marqt to my local baker and bagel shop, take pin — or debit — cards exclusively. Some retailers even describe going cash-free as “cleaner” or “safer”.
Continue reading… “Cash is on the verge of extinction in these countries”












