Re:Israel bans use of cash for purchases larger than NIS 6k ...
by MBCook on Friday July 29, 2022 @04:04PM
(#32281224)
A law like this doesn’t seem like a bad idea to me (though I’m sure many will disagree). At a certain point carrying so much cash just gets very risky.
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Re:Israel bans use of cash for purchases larger than NIS 6k ...
by JohnFen on Friday July 29, 2022 @05:54PM
(#32282214)
> At a certain point carrying so much cash just gets very risky.
Why should I not be allowed to take that risk?
Re:Israel bans use of cash for purchases larger than NIS 6k ...
by rafale on Friday July 29, 2022 @04:37PM
(#32281481)
At a certain point driving a motorcycle gets very risky too.
Re:Israel bans use of cash for purchases larger than NIS 6k ...
by henrydark on Friday July 29, 2022 @05:19PM
(#32281893)
There's also regulation on driving motorcycles
Re:Israel bans use of cash for purchases larger than NIS 6k ...
by rufus_foreman on Friday July 29, 2022 @06:12PM
(#32282362)
I, for one, welcome our new privacy destroying overlords.
Re:Israel bans use of cash for purchases larger than NIS 6k ...
by catchnear4321 on Friday July 29, 2022 @06:07PM
(#32282313)
This isn’t about carrying cash, so much as spending it without an electronic trail. They want more data.
At a certain point, carrying so much data just gets very risky.
Re:Israel bans use of cash for purchases larger than NIS 6k ...
by dieselgate on Friday July 29, 2022 @05:18PM
(#32281876)
I don’t disagree with you outright but the denomination seems incredibly small with (unless I missed something) the only intent to reduce the supply of cash in circulation.
If they capped it at something like an order of magnitude more I could maybe feel differently.
Not sure why you’re getting downvoted as you present a valid opinion.