I had the idea years ago that we should ban notes outright, it would have to be coins and the highest denomination would be €50.
You can still buy stuff that you’d need cash for, but it would make the black/shadow-economy more cumbersome. Or you’d get really strong criminals. 🙃
Man what do you have against people using cash, Banks are untrustworthy as fuck. Who cares if “illegal transactions” occur, taxation is fucking theft anyways.
Many people think it’s wise to do everything in cash, but actually there are fees for cashing in cheques instead of bank transfer. So in essence, you are, in a way, paying tax.
20 €500 notes
50 €200 notes
100 €100 notes
No need to break out the luggage.
Aren’t those notes banned precisely for the reason of money laundering? It has been twenty years since I’ve seen €500 note.
I had the idea years ago that we should ban notes outright, it would have to be coins and the highest denomination would be €50. You can still buy stuff that you’d need cash for, but it would make the black/shadow-economy more cumbersome. Or you’d get really strong criminals. 🙃
Man what do you have against people using cash, Banks are untrustworthy as fuck. Who cares if “illegal transactions” occur, taxation is fucking theft anyways.
Many people think it’s wise to do everything in cash, but actually there are fees for cashing in cheques instead of bank transfer. So in essence, you are, in a way, paying tax.