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Banning the use of ridiculously large cash payments doesn’t seem too bad imo.
Honestly who (except criminals) regularly use large amounts of cash and especially in one purchase?
In my country some of the huge luxury stores “had” (due to public pressure) to ban cash because the only ones that are buying luxury products using cash are criminals.
It seems to me that the EU is aiming for full control over the movement of money by introducing restrictions where no payment of 1-2k euros will go unnoticed.
That’s why I believe the future belongs to cryptocurrencies, especially those that support transaction anonymity.
So, Europe limiting people’s freedom, even more. Why am I not surprised? Use Monero and build the circular economy. Give the middle finger to these clowns. People in the US need to do the same thing because we are headed down the same path. That’s why I always suggest if you have Monero not turning it back into Fiat ever.
1 XMR = 1 XMR
