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He is not. In Spain, for instance, it is already illegal to pay with cash costs above 1.000€ in any commerce. You are forced to buy it using a credit/debit card
by merinofg 4y ago
He is not. In Spain, for instance, it is already illegal to pay with cash costs above 1.000€ in any commerce. You are forced to buy it using a credit/debit card.
- peoplefromibiza 4y agoSpain is in the EU, but Spain is not the EU. So he is. But then again, what's the practical reason to pay more than 1k cash?
- cypress66 4y agoBecause the opposite (banks) means the government can freeze your funds, like they did in Canada to protesters.
- peoplefromibiza 4y agoThe limit is for a single transaction, not for your entire life. If they can freeze your money in the bank, they can also freeze the cash you keep stashed in your room. paranoia is stupid. I am all in favour for protester not living tracks, it doesn't involve money transactions over 10k in cash though. I don't see how the two things relate.
- pfortuny 4y agoI do not want the government or the bank to know that I am buying a motorbike, a car, a washing machine or ten dozen frying pans. Just that. If the bank knows, the government does.
- peoplefromibiza 4y agoThe government knows that you own a motorbike, you can't go around with an unregistered vehicle, you have to sign documents that prove the transfer of ownership, you also have to pay insurance on it, it's mandatory where I live in Europe. It makes sense: if I buy a motorbike from you using cash and nobody knows about it, when I am going to rob a bank with it, the police would come knocking at your door. Would you like that just to let me use cash instead of any other system available because we are normal people that live in societies not in a lawless imaginary city in a western movie (west was not lawless, properties where already registered 4 thousands years ago by Egyptians, it's nothing new) Simpler yet, if the police stops you and there isn't your name on the certificate of ownership , you have to justify why is that. Again, it makes complete sense. It could have been stolen and you could be the thief. A washing machine costs 250 euros, you can pay it in cash. The limit is 10k, it's 40 washing machines. The washing machine comes with a warranty, warranty is valid only if you put your name on it. Only a fool would renounce to 2 years warranty to pay cash and not let the government know that they do laundry, like literally everybody else, I'm quite sure the government doesn't care if you own a washing machine, but then again I live in Europe, probably the CIA does and it's a big deal there. I really don't understand how people feel comfortable going around with thousands of euros in cash in their pockets to buy stuff that they could have comfortably and safely bought from their couch using a free and immediate bank transfer that guarantees both parties against fraud, and theft and that have no handling costs. American paranoia about government will be the worst heritage of these last two decades. But probably even worse is the idea that your freedom means I have to pay the price for it. Wanna pay a house or a car in cash, without any record of the transaction? Go buy it from a criminal, because I am not selling it to you. Nobody would. Unless they are being paid to accept all that cash in one transaction.
- mdp2021 4y agoDepending on where you live, if the bank knows, a large of parties from the public and private sector knows.
- mdp2021 4y ago> more than 1k cash High end electronic equipment, for example. Or do you by personal devices linking them to your name?
- peoplefromibiza 4y agoYour personal devices are already linked to your name. Do you really believe you are anonymous? SIM cards are not, for example, since forever here in Europe. warranty certificates must contain all your personal data to be valid. You would renounce to free 2 years warranty only to pay cash? Why? what's the deal with that laptop, what's the reason to keep it secret? Suddenly your secrecy it's much more interesting for the shop owner than you paying with a bank transfer or credit card like any other person would do and not raise any suspicion. If I was them I would alert someone, in case you'd do something illegal with it, just to be on the safe side. See? even if you are a criminal using cash just for the sake of using cash it's stupid. Most shops don't even accept large amount of money in cash, it's dangerous for them and costs them a lot more to handle and keep safe. even many bank offices or postal office don't keep cash to avoid being robbed. It's for employees safety.
- mdp2021 4y ago> Your personal devices are already linked to your name It is hoped that nobody is so stupid to try that. > Do you really believe you are anonymous? I radically believe on that right of so being. > You would renounce to free 2 years warranty only to pay cash? Very certainly. > Why? Because that is what a Man does. > what's the reason to keep it secret Basicmost principle. > interesting Monkeys surely are intrigued when they see men acting: they cannot understand. If they had been part of a Civilization, they would know that a Man does not concede on the side of privacy. > even if you are a criminal Very obvious, it is expected that criminals be on FB and Tw and smile at Sino-Thatcherian cameras etc. Nothing new, it is part of the scheme: criminals have something to hide; Men have everything to hide; subjects have nothing to hide.
- peoplefromibiza 4y ago