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-squareBlackLaZoR@lemmy.worldlinkfedilinkEnglisharrow-up11arrow-down3·edit-23 months agoBad, because running all payments through banking system is a systemic safety risk. If banking gets paralyzed like in Greece during debt crisis you’ll be fucked.
minus-squaregian @lemmy.grys.itlinkfedilinkEnglisharrow-up3·3 months ago If banking gets paralyzed like in Greece during debt crisis you’ll be fucked. You’ll be fucked in any case. If the banks are paralyzed you cannot get your money anyway.
minus-squareExLisper@lemmy.curiana.netlinkfedilinkEnglisharrow-up3arrow-down1·3 months agoIt’s not for all payments, just the ones above 10k. It’s right in the title.
minus-squareBlackLaZoR@lemmy.worldlinkfedilinkEnglisharrow-up3·3 months agoWhole idea is to cripple cash payments. You’re not doing the economy a favor by crippling the most redundant payment system
Bad, because running all payments through banking system is a systemic safety risk.
If banking gets paralyzed like in Greece during debt crisis you’ll be fucked.
You’ll be fucked in any case. If the banks are paralyzed you cannot get your money anyway.
That’s why you keep CASH
It’s not for all payments, just the ones above 10k. It’s right in the title.
Whole idea is to cripple cash payments. You’re not doing the economy a favor by crippling the most redundant payment system
No, it’s not.