Re:Bitcoin is a disaster
by zik on Thursday December 31, 2020 @07:17PM
(#25598963)
Cash transactions over 10,000 lakh are illegal in India [1]. Spain, France and Greece have all recently introduced limits [2]. Germany [3] has tried to introduce similar limits but have failed (so far). Australia's introducing a limit soon [4].
Re:Bitcoin is a disaster
by viraptor on Thursday December 31, 2020 @07:35PM
(#25599143)
Sure, there are limits of non-tax-traceable payments in a few places. The part that surprised me was literally "carry too much cash" which is not quite the same thing.
[1] https://babatax.com/cash-transaction-limit-in-india-cash-pay...
[2] https://wolfstreet.com/2017/01/28/europe-limits-on-cash-tran...
[3] https://www.theguardian.com/world/2016/feb/08/german-plan-pr...
[4] https://www.accountantsdaily.com.au/business/14087-governmen...