Hacker News new | ask | show | jobs
by petertodd 411 days ago
> And who's fault is that? Why did europe allow this?

In Spain it's now illegal to pay with cash for transactions over 1000EUR. Absurd.

In Norway they recently made it mandatory in most circumstances to accept cash for transactions up to 20,000kroner (~1700EUR): https://www.norges-bank.no/en/topics/notes-and-coins/the-rig...

2 comments

The 1000EUR limit doesn't apply between private individuals; for businesses, you will find many other European countries also don't take large cash payments, for security or convenience reasons. E.g. you can't buy a car from a dealership for cash in "cash is king" Germany either. They expect a wire in almost all cases.
I don't think anyone is going to starve to death because they can only spend 1000EUR...