CAVOK@lemmy.world to Europe@feddit.orgEnglish · 3 months agoEuropean Union to ban cash payments above €10,000www.theportugalnews.comexternal-linkmessage-square165linkfedilinkarrow-up1231arrow-down12
arrow-up1229arrow-down1external-linkEuropean Union to ban cash payments above €10,000www.theportugalnews.comCAVOK@lemmy.world to Europe@feddit.orgEnglish · 3 months agomessage-square165linkfedilink
minus-squareWaxRhetorical@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·3 months agoMy car is worth a fair bit more than 10k, and just the idea of buying it with physical cash makes me nervous. I’ll take a traceable transaction for this that doesn’t make me a target for mugging in the meantime, thank you very much.
minus-squareDenys Nykula@piefed.sociallinkfedilinkEnglisharrow-up2arrow-down2·3 months agoHow would the muggers even know you have the money?
minus-squareDoomsider@lemmy.worldlinkfedilinkEnglisharrow-up4·3 months agoThe person you are buying or selling to is in on it of course.
minus-squareDenys Nykula@piefed.sociallinkfedilinkEnglisharrow-up1·3 months agoAnd the lawyer too? These types of transactions involve contracts and intermediaries.
My car is worth a fair bit more than 10k, and just the idea of buying it with physical cash makes me nervous. I’ll take a traceable transaction for this that doesn’t make me a target for mugging in the meantime, thank you very much.
How would the muggers even know you have the money?
The person you are buying or selling to is in on it of course.
And the lawyer too? These types of transactions involve contracts and intermediaries.