Sugar industry secretly paid for favorable Harvard research

Re:Sugar industry secretly paid for favorable Harvard research by saiya-jin on Tuesday September 13, 2016 @07:04AM (#12486959)

the french example is a bit beyond ridiculous - all the people I know that had to do home reconstruction recently myself included, or some bigger shopping (ie car), ended up fed quite a few times when their basic credit cards were blocked for rest of the month (visa classic has 10k/month limit) and you cannot then proceed and pay rest of the expenses in cash (withdrawn ahead).

I am all for curbing criminal activities (somehow suspecting big ones are few steps ahead anyway), but these things have consequences for rest of the folks too.

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Re:Sugar industry secretly paid for favorable Harvard research by pif on Tuesday September 13, 2016 @07:16AM (#12487025)

> the french example is a bit beyond ridiculous

Considering how cheques are usually welcomed in France, I strongly disagree with you. And, if a normal cheque isn't accepted, you can step into your bank and ask a bank-cheque, which is the top. Sure, you have to go to the bank, but it's just for big payments, so not that often.

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Re:Sugar industry secretly paid for favorable Harvard research by gravypod on Tuesday September 13, 2016 @07:36AM (#12487113)

What does that regulation stop other then people not using bank accounts?

How could this possibly stop any real crime?

Is there example usages of this law?

I've bought computer hardware here that totaled more then 1k when k was setting up a few services. How would that even work since it was online in France?

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Re:Sugar industry secretly paid for favorable Harvard research by pif on Tuesday September 13, 2016 @08:15AM (#12487413)

> What does that regulation stop other then people not using bank accounts?

In France, if you don't have a bank account, you don't exist :-) Seriously, everybody just assumes you have a bank account. Otherwise, it looks fishy.

> How could this possibly stop any real crime?

Directly: hold-up is pointless with no cash. Cheques are useless and credit cards can be easily blocked.

Indirectly: the whole point of banning cash is to prevent untraceable financial transactions from being performed. This is supposed to be annoying for criminal activities.

> How would that even work since it was online in France?

I'm not sure I got your question. Please keep in mind that the threshold is on _cash_ transactions, not on every transaction. As far as it is traceable, no amount is forbidden.

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