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A comment on EU-wide maximum limit of €10K for cash payments. Parent comment

Re:EU-wide maximum limit of €10K for cash payments by sphinxster on Saturday December 10, 2022 @07:45AM (#33932136)
Why is it a pity? Over time it will be revealed which group was thinking with the most clarity and prudence.
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Re:EU-wide maximum limit of €10K for cash payments by beefield on Saturday December 10, 2022 @08:26AM (#33932415)
It's a pity because we should be seeking solutions for both problems, money system allowing negative rates and private transactions. They should not exclude each other because both are important for different reasons.
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Re:EU-wide maximum limit of €10K for cash payments by blaaaaa99a on Saturday December 10, 2022 @06:21PM (#33938129)
negative rates are stupid and make no sense.

all fiat currencies have number-go-down technology. look at a graph of purchasing power vs time for any fiat currency. It always trends towards zero.

start using a currency with number-go-up technology. look at a graph of bitcoin. instead of going down, the number goes up. you should adopt this type of currency.

I am aware this sounds stupid. I am also 100% convinced that it is true.

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