A combination of good high-speed internet coverage, high digital literacy rates, large rural populations and fast-growing fintech industries had put the Nordic neighbours on a fast track to a future without cash.
[…]
But Russia’s invasion of Ukraine in 2022 and a subsequent rise in cross-border hybrid warfare and cyber-attacks blamed on pro-Russia groups have prompted a rethink.
[…]
The Swedish government has since completely overhauled its defence and preparedness strategy, joining Nato, starting a new form of national service and reactivating its psychological defence agency to combat disinformation from Russia and other adversaries. Norway has tightened controls on its previously porous border with Russia.
[…]
[Norway’s] justice and public security ministry said it “recommends everyone keep some cash on hand due to the vulnerabilities of digital payment solutions to cyber-attacks”. It said the government took preparedness seriously “given the increasing global instability with war, digital threats, and climate change. As a result, they’ve ensured that the right to pay with cash is strengthened”.
[…]
Estonia can do it, even under constant russian harassment. https://interestingengineering.com/innovation/e-estonia-the-worlds-most-advanced-digital-society
This article has been published on 24 February 2020, exactly 2 years before Russia’s full-scale invasion of Ukraine. They may change their mind like Sweden and Norway are doing.
[Edit typo.]
fair enough, but still https://e-estonia.com/where-is-our-digital-state-heading/ so long as russia doesnt try any drastic new tricks like space-nuke EMPs, they will be doing alright if they know what they are doing.