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You alluded to this with respect to Germany, but the less cash-based daily life is, the less of a big deal the currency change is. As long as the machine goes
by mbg721 4y ago
You alluded to this with respect to Germany, but the less cash-based daily life is, the less of a big deal the currency change is. As long as the machine goes beep, it can go beep in drachmas or rand or pesos or whatever.
- lucb1e 4y agoAt what fees, though? Within SEPA it's now zero. I can buy computer parts in Germany without considering that downside. Kind of the useful for this 'one market' thing they are trying to have going on. And the mental math every time. I can trust that a coffee is going to be a bit overpriced at worst (but not a real mistake), but is it worth driving 5 minutes to a petrol station that sell it at 493 ISK the litre instead of 529 ISK? Should I buy this shirt for 1500 ISK as souvenir or is that insensible? Hard to tell.
- troad 4y agoI respectfully disagree, it still introduces a lot of unnecessary friction. Being in a Czech supermarket, for example, is confusing, because I don’t instantly know what “79” means, or whether “279” is cheap or expensive. The exchange rate is awkward for mental calculation (22.5 to a dollar). I could convert with my phone, but for a big shop where you’re buying dozens of things, that’s impractical. Euros would reduce the cognitive load of travel and business considerably.