4 ms·
My friend, no one really carries cash anymore.
by Apofis 3y ago
My friend, no one really carries cash anymore.
- irusensei 3y agoPoland, Germany, Japan and probably others will surely disagree.
- ilyt 3y agoI'm from Poland, only carry about the amount of one big grocery cart in once in two years event when transaction system has problem. The things I paid/got paid for/in cash (say above $500) are so far: * advance for a house, which is pretty much done cos it makes whole procedure easier for both sides * that one time buyer of the land we were selling decided to pay in cash, but that was back when transaction costs were % of the value (that got changed to something more reasonable), so just taking a bag of money out of bank to give someone else that then went to bank and put it into their account was significantly cheaper than electronic transfer I think it's also semi-common in buying cars, as then it's simple trasaction (here are your keys, here is your money) vs buyer maybe not being paid. But for mine I just paid via elixir transaction, it was cheap enough to be under daily limit. As for sub-$500 still happen reasonably often but mostly old people.
- dealuromanet 3y agoFriend, I recommend carrying cash and using exclusively cash from now on and raising a stink about this legislation while there is still freedom to push back on it.
- orangepurple 3y agoIn the Netherlands the manned cash checkout lines are as long as the cashless checkout lines even when there are cashless lanes available
- agilob 3y agoEver been to the Balkans? Visited Greece once? Literally every day every single ATM has 30 minute queues. People remember the day when government froze all their money, but notified their millionaire friends a day before so they could move money abroad.