NODE fae4298bRe: 1)Age etc CA 2)Swedish Digicash
"James A. Donald" <jamesd@echeque.com>Thu, 7 Dec 95 08:00:59 PST
At 10:06 AM 12/7/95 -0500, Duncan Frissell wrote:
> Is there an existing Post Office Bank in Sweden? If so, can foreigners open
> accounts?
While any foreign account is of course better than any home country
account, Sweden is not really a place that I would like to keep
my money. High taxes, rigid controls, intrusive and unpredictable
government, and, most importantly, the country has repeatedly
teetered on the edge of bankruptcy.
I would wait for some more solvent foreign country to get into digicash.
More to the point -- few people will accept or spend digicash
unless those unreasonable charges come right down.
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NODE 8986bbdbRe: 1)Age etc CA 2)Swedish Digicash
Jyri Kaljundi <jk@digit.ee>Thu, 7 Dec 95 08:51:19 PST
On Wed, 6 Dec 1995, James A. Donald wrote:
> At 10:06 AM 12/7/95 -0500, Duncan Frissell wrote:
> > Is there an existing Post Office Bank in Sweden? If so, can foreigners open
> > accounts?
>
> I would wait for some more solvent foreign country to get into digicash.
What about Estonia :) The taxes are low, there are a very few government
regulations, the currency is very stable (based on German mark) ... One
interesting law in Estonia is that the state budget must be balanced, so
there is no way for the government to spend more money than it really has.
Technological level here is also quite good, and Internet is more popular
than in any other Eastern Europe or ex-USSR country.
I think Estonia is an ideal place for such projects: high-tech companies
testing their new technological ideas, inventions and business
assumptions in real-life conditions. Just get yourself here !
Juri Kaljundi
jk@digit.ee
Digiturg http://www.digit.ee/
NODE e802788fRe: 1)Age etc CA 2)Swedish Digicash
Mats Bergstrom <asgaard@sos.sll.se>Thu, 7 Dec 95 14:20:19 PST
On Wed, 6 Dec 1995, James A. Donald wrote:
> I would wait for some more solvent foreign country to get into digicash.
The Swedish crown had a bad reputation after repeated devalvations
in the 70-80's. This trend has stopped, it seems, and trust has been
built up in the last year (1 US$ has dropped from 9 to 6.50).
Mats