4 ms·

> The EU has quietly taken away ... the right to buy something without the whole world knowing what that was How was this the EU and not the convenience of car

> The EU has quietly taken away ... the right to buy something without the whole world knowing what that was How was this the EU and not the convenience of card payments? Is there an EU regulation making us use less cash?

ur-whale 7y ago
I didn't mean to imply the EU as a body enforces this, but the limits are real: https://www.europe-consommateurs.eu/fileadmin/user_upload/eu-consommateurs/PDFs/PDF_EN/Limit_for_cash_payments_in_EU.pdf https://www.europe-consommateurs.eu/fileadmin/user_upload/eu...
- tom_mellior 7y ago
  Interesting, thanks! For Austria this refers to § 61 Nationalbankgesetz (law on the National Bank): https://www.ris.bka.gv.at/GeltendeFassung.wxe?Abfrage=Bundesnormen&Gesetzesnummer=10004409&FassungVom=2019-09-05 https://www.ris.bka.gv.at/GeltendeFassung.wxe?Abfrage=Bundes... (in German, unsurprisingly). That reads (my rough translation): (1) [The ECB and other central banks emit Euro bank notes.] (2) The bank notes referred to in (1) must be accepted at their full face value without limits, unless the obligation must be paid using some other means of payment. IANAL, but to me this means like (a) there is already a law in Austria obliging businesses to always accept cash, except that (b) this might be meaningless since a business could always stipulate that "the obligation must be paid using some other means of payment".
- dfawcus 7y ago
  Or maybe these two links would be of more interest, actually being the EU legislation in question (the later modifies the former): https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32015L0849&from=EN https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CEL... https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32018L0843&from=EN https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CEL... As I understand it, the former is implementing some international agreement where EU member states chose to use the EU as the mechanism to implement the agreement. The later seems to be the EU gold plating that (e.g. limiting anonymous electronic payments to €50).

ur-whale 7y ago

I didn't mean to imply the EU as a body enforces this, but the limits are real: https://www.europe-consommateurs.eu/fileadmin/user_upload/eu-consommateurs/PDFs/PDF_EN/Limit_for_cash_payments_in_EU.pdf https://www.europe-consommateurs.eu/fileadmin/user_upload/eu...

tom_mellior 7y ago
Interesting, thanks! For Austria this refers to § 61 Nationalbankgesetz (law on the National Bank): https://www.ris.bka.gv.at/GeltendeFassung.wxe?Abfrage=Bundesnormen&Gesetzesnummer=10004409&FassungVom=2019-09-05 https://www.ris.bka.gv.at/GeltendeFassung.wxe?Abfrage=Bundes... (in German, unsurprisingly). That reads (my rough translation): (1) [The ECB and other central banks emit Euro bank notes.] (2) The bank notes referred to in (1) must be accepted at their full face value without limits, unless the obligation must be paid using some other means of payment. IANAL, but to me this means like (a) there is already a law in Austria obliging businesses to always accept cash, except that (b) this might be meaningless since a business could always stipulate that "the obligation must be paid using some other means of payment".
dfawcus 7y ago
Or maybe these two links would be of more interest, actually being the EU legislation in question (the later modifies the former): https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32015L0849&from=EN https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CEL... https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32018L0843&from=EN https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CEL... As I understand it, the former is implementing some international agreement where EU member states chose to use the EU as the mechanism to implement the agreement. The later seems to be the EU gold plating that (e.g. limiting anonymous electronic payments to €50).