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I don't think they have any legitimate uses. Who else needs to move large quantities of cash around other than criminals?
by yrro 3y ago
I don't think they have any legitimate uses. Who else needs to move large quantities of cash around other than criminals?
- erfgh 3y agoBanks.
- bbu 3y agoever bought a car in cash?
- yrro 3y agoNo
- brmgb 3y agoIt's soon to be illegal in most of Europe anyway. Cash payments are capped nearly everywhere nowadays with varying limits (sometimes you can do it but have to fill in a declaration above a certain amount) and there is a draft regulation in the EU which would cap them to 7000€ everywhere if the sender can't be identified.
- noelherrick 3y agoReally? I was just looking a Michelin starred restaurant and their tasting menu was 300 euros. I suppose you could pay with three different bills, but it's nice to be able to just carry one as well as smaller bills. An a flagship phone is a lot more, so if you want to buy it in cash, that's another very normal transaction that would a require a large stack that's not able to fit in a wallet.
- yrro 3y agoI'd pay with my credit card like a normal person
- wave_function 3y agoI’ve heard the 500 euro note referred to as “the Bin Laden”