today, we use money in two forms: Physical banknotes issued by the central Bank and so-called kontopenger, money in the bank that we never handle the physical. The last variant dominates as a method of payment, as we pull the card more and more frequently and less frequently goes with coins and banknotes in your pocket.
Now consider the thus the central bank a third variant, writes the newspaper Aftenposten. Nettsedlene will be electronic, but must, in principle, act as current cash and shall be issued by the central Bank if they become a reality.
Confidence in money is essential that they should be able to function as intended. In modern times, it is the central bank that have provided for this, ” says governor Øystein Olsen.
Read the interview with Øystein Olsen: – What we need the least is the negative surprises
Nettsedler can be made to the legal tender, meaning that the shops and others are required to accept them, just like today’s cash, and they can be designed so that it still will be possible to pay anonymously. Today’s electronic payments leave a trace, and personal privacy is an important argument among those who are opponents of a kontantløst society.
Comment: Until a crisis without cash?
The trade association Finance Norway is familiar with the work that is going on and say they are awaiting concrete measures and also follow what happens elsewhere in the world.
see also:
No economists foresaw the boligprishoppet
Italy, with the rescue package for the world’s oldest bank
Deutsche Bank will pay over 7 billion dollars
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