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by ETH_start 1285 days ago
€10K is not that much.
2 comments

1k EUR is a lot to carry in cash. 10k is absurd. I'd guess 95% of people doing it are doing it because they're doing something illegal.
When I played a lot of poker, I would routinely carry 30k or more. A single buy-in could be 10k. The people I played with all did similar things.

Moreover there are some countries (like Germany) where people routinely use a lot of cash to (say) buy a car or a business.

It's a lot to put in a sack and bring to a store to pay for something.
$10,000 in US $20 bills weighs about 1 pound. In $100 bills, it fits nicely in your pocket or in a small purse. I assume 100 euro notes are about the same.
It's a lot of money to put in your pocket. I didn't say anything about weight.
It's not, though. I remember carrying that much cash when I saved up for a summer to buy some computer components. They didn't take checks, and at the time I was like 19 and my debit card didn't have a high enough limit to buy the items I wanted (a couple of high end workstations, nothing super fancy- computers used to be expensive!)

It's actually pretty common to need to buy things over $10k. It's pretty common for vendors to not take checks. It's pretty common to not have high enough credit limits to cover these types of purchases.

There still isn't any way to do this other than cash.

It's unusual to carry around this much cash every day, but it's totally normal to carry this much cash sometimes for specific large purchases.

> It's actually pretty common to need to buy things over $10k. It's pretty common for vendors to not take checks. It's pretty common to not have high enough credit limits to cover these types of purchases.

That's a very USA-centric comment. Checks are virtually unheard of in Europe and no one would pay so much money in cash. You would do a wire transfer or a card payment for that.

Payments in cash to a professional from a French citizen have been capped at 1000€ in France for years with virtually no impact. I have never seen or heard of someone attempting to use that much cash.

I personally don't have enough fingers to count the number of times I've carried around a huge amount of cash. Buying computers, cars, and collectibles can all involve a ton of money. Also, when I was playing poker a lot, that wasn't an unreasonably large amount to have on hand.
They also have 500 EUR bills there in Europe. 10000 EUR will fit in a postcard envelope.
500 euro bills were scrapped some time ago.
Well, I am holding one in my hands right now, I got it from European bank several days ago.
It may be still a legal tender but it has stopped being issued https://www.centralbank.ie/consumer-hub/notes-and-coins/euro...
It fits in a standard envelope, but you can use a sack if you want.