CAVOK@lemmy.world to Europe@feddit.orgEnglish · 3 days agoEuropean Union to ban cash payments above €10,000www.theportugalnews.comexternal-linkmessage-square165fedilinkarrow-up1272arrow-down13
arrow-up1269arrow-down1external-linkEuropean Union to ban cash payments above €10,000www.theportugalnews.comCAVOK@lemmy.world to Europe@feddit.orgEnglish · 3 days agomessage-square165fedilink
minus-squareBlackLaZoR@lemmy.worldlinkfedilinkEnglisharrow-up14arrow-down3·edit-22 days 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-squareExLisper@lemmy.curiana.netlinkfedilinkEnglisharrow-up4arrow-down1·2 days agoIt’s not for all payments, just the ones above 10k. It’s right in the title.
minus-squareBlackLaZoR@lemmy.worldlinkfedilinkEnglisharrow-up6·2 days agoWhole idea is to cripple cash payments. You’re not doing the economy a favor by crippling the most redundant payment system
minus-squaregian @lemmy.grys.itlinkfedilinkEnglisharrow-up3arrow-down1·2 days 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.
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.
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.
You’ll be fucked in any case. If the banks are paralyzed you cannot get your money anyway.
That’s why you keep CASH