For years, Albanians have preferred to keep their cash under the mattress — next to their AK-47, as the national joke goes — rather than in banks. But if Prime Minister Edi Rama gets his wish, Albania would become the world’s first cashless economy.
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Cash is not always a currency. Remove that, and people will trade with anything else of value. Most often drugs, alcohol or cigarettes. Add crypto on top and you have a government that pushes its people into unregistrered transactions
aug 4, 2025, 10:54 am • 1 0 • view
I'm learning to make my own alcohol. The sole reason was to enjoy it, but now I think I could get on well with it if the world goes cashless. Also I will rally against cashless as much as possible. Many establishments in my town that I don't go to anymore cause they only take card.
aug 8, 2025, 2:12 pm • 0 0 • view
During the Spanish and Portuguese power cut earlier this year, the cash machines as well as the card machines stopped working. Couldn't buy anything unless you had cash.
aug 4, 2025, 7:18 am • 0 0 • view
Gold demand will be enormous there.
aug 4, 2025, 7:12 am • 0 0 • view
In 1965 the bank of Albania revalued the Lek, the national currency by 1/10. That is, 10 Lek became 1 Lek and so on. To this day Albanians informally discuss prices using “old Lek” nomenclature. So.. color me skeptical this will stick.
aug 4, 2025, 11:58 am • 0 1 • view
This honestly only benefits the BANKS, BUSINESSES and GOVERNMENT, due to the immense amount of saleable individual activity tracking this offers. It only seeks further control of the population under the guise easing financial transactions. FLUFF in ENGLISH kryeministria.al/en/newsroom/...
aug 4, 2025, 7:27 am • 3 1 • view
Will end badly for the PM.
aug 4, 2025, 7:29 am • 0 1 • view