Re:Cash payments above €3000 to be outlawed in Netherlands
by whelp_24 on Wednesday August 23, 2023 @10:19AM
(#37236348)
It's funny, because cash transactions are definitely more common among poorer people. Also, using (even more) imaginary money benefits banks, ultra wealthy, and governments not regular people. Even among the criminals laundering money, the influential and wealthy ones (i.e, the ones these laws should stop) will have little problem adapting. The influence
these types of laws stop is that of regular citizens.
[ Parent
| on HN ]
Re:Cash payments above €3000 to be outlawed in Netherlands
by sgt101 on Wednesday August 23, 2023 @10:22AM
(#37236413)
Nonsense - it stops criminals and tax evaders from doing the things that they do to undermine society.
Re:Cash payments above €3000 to be outlawed in Netherlands
by whelp_24 on Wednesday August 23, 2023 @10:31AM
(#37236575)
I am 100% certain that you can evade taxes, and do crime without cash. Even movies have criminals do wire transfers. It is hard to have, say, negative interest rates though.
Re:Cash payments above €3000 to be outlawed in Netherlands
by mrguyorama on Wednesday August 23, 2023 @12:34PM
(#37238598)
>Even movies have criminals do wire transfers.
And movies are famously accurate portrayals of things right?
It's extremely difficult to do lot's of profitable crime without cash. When the IRS sees large transactions routinely coming in, they're going to ask WTF you do for a living, and eventually want some evidence of that. Forensic accounting is VERY powerful.