3 ms·

> Can you name one practical reason to pay more than 10k cash? Have you ever bought a used car? Or played relatively high limit at a casino? It’s perfectly no

• namdnay 4y ago
  > Have you ever bought a used car? A cashiers check costs what? 10, 20 euros? And we’re talking about how it can impact real people here, not the 0.1% who gamble 10 years’ minimum wage at the casino in one evening
  • sgjohnson 4y ago
    > A cashiers check costs what? 10, 20 euros? Virtually nobody in Europe uses checks (in my country they are explicitly banned as a tender). It’s either cash or a bank transfer, and for such purchases, most people really prefer cash. > And we’re talking about how it can impact real people here, not the 0.1% who gamble 10 years’ minimum wage at the casino in one evening Most professional poker players are staked. They aren’t gambling with their money. It’s a job. A high risk, high reward job, but still a job. And it was just an example, and a perfectly valid at that.
    • namdnay 4y ago
      Cashiers cheques, not personal ones. And for pro poker players, they can just wire the money to the casino Honestly I don’t see any moment in my life in a developed economy where I or anyone around me has needed more than a few hundred in cash
      • sgjohnson 4y ago
        > Cashiers cheques, not personal ones. Yes. Virtually nobody uses them in Europe.