5 ms·
€10K is not that much.
by ETH_start 4y ago
€10K is not that much.
- ceejayoz 4y agoIt's a lot to put in a sack and bring to a store to pay for something.
- pclmulqdq 4y ago$10,000 in US $20 bills weighs about 1 pound. In $100 bills, it fits nicely in your pocket or in a small purse. I assume 100 euro notes are about the same.
- ceejayoz 4y agoIt's a lot of money to put in your pocket. I didn't say anything about weight.
- throwaway09223 4y agoIt's not, though. I remember carrying that much cash when I saved up for a summer to buy some computer components. They didn't take checks, and at the time I was like 19 and my debit card didn't have a high enough limit to buy the items I wanted (a couple of high end workstations, nothing super fancy- computers used to be expensive!) It's actually pretty common to need to buy things over $10k. It's pretty common for vendors to not take checks. It's pretty common to not have high enough credit limits to cover these types of purchases. There still isn't any way to do this other than cash. It's unusual to carry around this much cash every day, but it's totally normal to carry this much cash sometimes for specific large purchases.
- WastingMyTime89 4y ago> It's actually pretty common to need to buy things over $10k. It's pretty common for vendors to not take checks. It's pretty common to not have high enough credit limits to cover these types of purchases. That's a very USA-centric comment. Checks are virtually unheard of in Europe and no one would pay so much money in cash. You would do a wire transfer or a card payment for that. Payments in cash to a professional from a French citizen have been capped at 1000€ in France for years with virtually no impact. I have never seen or heard of someone attempting to use that much cash.
- pclmulqdq 4y agoI personally don't have enough fingers to count the number of times I've carried around a huge amount of cash. Buying computers, cars, and collectibles can all involve a ton of money. Also, when I was playing poker a lot, that wasn't an unreasonably large amount to have on hand.
- deleted 4y ago[deleted]
- SergeAx 4y agoThey also have 500 EUR bills there in Europe. 10000 EUR will fit in a postcard envelope.
- thdespou 4y ago500 euro bills were scrapped some time ago.
- SergeAx 4y agoWell, I am holding one in my hands right now, I got it from European bank several days ago.
- thdespou 4y agoIt may be still a legal tender but it has stopped being issued https://www.centralbank.ie/consumer-hub/notes-and-coins/euro-banknotes https://www.centralbank.ie/consumer-hub/notes-and-coins/euro...
- ericd 4y agoIt fits in a standard envelope, but you can use a sack if you want.
- deleted 4y ago[deleted]
- tormeh 4y ago1k EUR is a lot to carry in cash. 10k is absurd. I'd guess 95% of people doing it are doing it because they're doing something illegal.
- alasdair_ 4y agoWhen I played a lot of poker, I would routinely carry 30k or more. A single buy-in could be 10k. The people I played with all did similar things. Moreover there are some countries (like Germany) where people routinely use a lot of cash to (say) buy a car or a business.