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<p>[QUOTE=&quot;gronnh20, post: 2546807, member: 73224&quot;]If the mint quit making coins tomorrow my collecting would suffer.&nbsp; I would probably seriously find another hobby.&nbsp; Without circulating coinage my interest in the hobby would definitely wane.&nbsp; I like older coins, too.&nbsp; But, the older coins I like are expensive.&nbsp; Circulating coins and mint products keep me in the hobby between the expensive coin purchases.&nbsp; </p><p><br /></p><p>For now though I&#039;ll keep an eye on Sweden and how their cashless society goes.</p><p><br /></p><p>So two trends are converging on Sweden at the same time:</p><p><br /></p><ul> <li>Sweden is using less and less cash.</li> <li>Sweden is an environment of negative interest rates.</li> </ul><p>And that means many Swedes have no way to &quot;hide&quot; their money.</p><p><br /></p><p>So Sweden may become the first country whose citizens may have to accept negative interest rates (probably in the form of higher bank charges or fees) or be forced to spend their money to &quot;save&quot; it from those rates.</p><p><br /></p><p>A resistance is forming, and some people are protesting the impending extinction of cash. Björn Eriksson, former head of Sweden&#039;s national police and now head of Säkerhetsbranschen, a lobbying group for the security industry, <a href="http://www.thelocal.se/20150703/cashless-society-faces-backlash-from-losers" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.thelocal.se/20150703/cashless-society-faces-backlash-from-losers" rel="nofollow"> told The Local</a>, &quot;I&#039;ve heard of people keeping cash in their microwaves because banks won&#039;t accept it.&quot;</p><p><br /></p><p><a href="http://www.businessinsider.com/sweden-cashless-society-negative-interest-rates-2015-10" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.businessinsider.com/sweden-cashless-society-negative-interest-rates-2015-10" rel="nofollow">http://www.businessinsider.com/sweden-cashless-society-negative-interest-rates-2015-10</a>[/QUOTE]</p><p><br /></p>

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