> In many countries in Europe you can't use cash for large sums. We generally use bank transfers to buy cars. Some, like Sweden and Italy, going to extremes t

> In many countries in Europe you can't use cash for large sums. We generally use bank transfers to buy cars. Some, like Sweden and Italy, going to extremes to phase cash out of existence, the latter making 'large' cash transaction punishable by jail/fine. I lived in EU during the financial crisis, and when cash got scarce prompting places in Greece to issue their own local currency [1] to do basic transactions (kids in school were passing out due to a lack of food, hospitals were running out of medicine and basic supplies in general) many were confident you would see something like this: Germany hoarding cash while the PIIGS were left to their own devices. Its sad, the problems paper fiat currencies beget: be they the promises of utilitarianism or the illusions of prosperity its one I wish we can finally overcome soon. [1]: https://www.nytimes.com/2011/10/02/world/europe/in-greece-barter-networks-surge.html https://www.nytimes.com/2011/10/02/world/europe/in-greece-ba...