A penny for your thoughts: Should America become a cashless society?


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Americans aren’t using cold hard cash like they used to: the Federal Reserve has reported declining cash use for more than a decade, a trend that accelerated during the pandemic. Sweden is working towards becoming the world’s first cashless society by 2023. South Korea started eliminating coins from circulation in 2017. Would either of these moves to become cashless or coinless work in the US?

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Straight Arrow
Fear No Fact.™

Don't just take our word for it.


Center-rated reporting

According to media bias experts at AllSides

AllSides Center-rated reporting May 2026

Transparent and credible

Awarded a perfect reliability rating from NewsGuard

100/100

Welcome back to trustworthy journalism.

Find out more