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?
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.
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.