> Is it? I find it weird you think so. We might focus on the law itself and not some hypothetical situation. > nobody will ever know, so the law is pointless.

> Is it? I find it weird you think so. We might focus on the law itself and not some hypothetical situation. > nobody will ever know, so the law is pointless. You can’t sign a contract for anything worth more than €3000 if you want to pay in cash. If you want to declare your income, pay taxes, prove that you obtained the money legally when you later want to deposit it to an bank, during a tax audit etc. Of course it won’t affect transactions which are already done illegally so it depends on what do you mean by ‘pointless’. The $10k limit is also a thing in Europe, the exact amount varies by state though (I think).