Re:EU-wide maximum limit of €10K for cash payments
by ashwagary on Sunday December 11, 2022 @01:03PM
(#33945599)
Remember about 10 years ago when Cyprus started confiscating money held in private bank accounts to settle government debts and the people holding cash kept their money because it was physically in their possession and harder to confiscate?
Remember earlier this year when people in Lebanon had to hold bank managers at gun point to try and withdraw money from their own accounts so they could buy basic goods as the economy collapsed?
The "CaSh hAZ nO PuRpOSe eXCePt fOR cRImE" crowd in this comment section have massive blind spots due to a general ignorance of monetary history. I'm not surprised politicians are laughing while taking advantage of it.
Re:EU-wide maximum limit of €10K for cash payments
by landemva on Sunday December 11, 2022 @05:28PM
(#33948264)
The politicians are definitely laughing at the workers. Panama Papers showed part of the politician's stash of corrupt funds.
https://www.occrp.org/en/the-pandora-papers/pandora-papers-r...
"Ukrainian President Volodymyr Zelensky rode to power on pledges to clean up the Eastern European country, but the Pandora Papers reveal he and his close circle were the beneficiaries of a network of offshore companies, including some that owned expensive London property."
if you usually keep 10k of cash in your pocket, you're probably someone who's not scared by criminals.
And I only know two types of people with those characteristics: corrupted cops and other criminals.
EDIT: it is actually 3 kinds, the third one being taxi drivers, which in my country are mostly low-level criminals.