CAVOK@lemmy.world to Europe@feddit.orgEnglish · 24 hours agoEuropean Union to ban cash payments above €10,000www.theportugalnews.comexternal-linkmessage-square48linkfedilinkarrow-up1140arrow-down11
arrow-up1139arrow-down1external-linkEuropean Union to ban cash payments above €10,000www.theportugalnews.comCAVOK@lemmy.world to Europe@feddit.orgEnglish · 24 hours agomessage-square48linkfedilink
minus-squareBlackLaZoR@lemmy.worldlinkfedilinkEnglisharrow-up8arrow-down3·edit-211 hours agoBad, because running all payments through banking system is a systemic safety risk. If banking gets paralyzed like in Greece during debt crisis you’ll be fucked.
minus-squaregian linkfedilinkEnglisharrow-up3·8 hours ago If banking gets paralyzed like in Greece during debt crisis you’ll be fucked. You’ll be fucked in any case. If the banks are paralyzed you cannot get your money anyway.
Bad, because running all payments through banking system is a systemic safety risk.
If banking gets paralyzed like in Greece during debt crisis you’ll be fucked.
You’ll be fucked in any case. If the banks are paralyzed you cannot get your money anyway.
That’s why you keep CASH