RE: Beware of a suddenly imposed cashless society upon you, wherever you are.

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RE: Beware of a suddenly imposed cashless society upon you, wherever you are.

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crypto.piotr in #venezuela • 7 years ago

I love publications like yours. I read it yesterday, bookmarked it and decided to read it again in the morning (with a fresh brain).

This is indeed interesting choice of topic.

Personally I dont see it happening "suddenly". Maybe in venezuela and few other countries only (at least at current stage).

Countries like China could force their citizens to adopt to cashless society simply because this is not very bureaucratic country. With very centralized TOTAL POWER.

In EU there is to many different powers, agendas and mostly regulations. And those regulations would have to be changed. It's a huge project which may take few years and knowing EU we will first be fed with propaganda that "cash is evil". This propaganda is not yet visible.

In less developed countries (or those who are not part of any union) this process will indeed be way faster.

ps.
Would you mind telling me what do you do for living? Your knowledge is mindblowing. Also what is your name? Piotr is mine. I think we know each other long enough to get to know ourselfs a bit closer.

And where did you learn english? It's real good. Do you use translator or do you write directly in english?

pss.
what is POS ?

Yours
Piotr

7 years ago in #venezuela by crypto.piotr

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nnnarvaez 7 years ago (edited)

Point of Sale.

The cashless society is irony because there is no cash left after all was stolen by corrupt government and with no electricity plastic money wont work.

EU is forcing us little by little to become cashless, electronic transactions have better traceability for tax purposes and all, i can speak of two examples:

I used to own a restaurant, 90% of the payments were plastic or check, the odd 10% came from drinks payed after the main bill was settled with card.

Another one: I lent my father 3000€ he paid me back in cash, when i got to the bank to deposit it they almost called the cops...

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crypto.piotr 7 years ago

Wow @nnnarvaez.

Another one: I lent my father 3000€ he paid me back in cash, when i got to the bank to deposit it they almost called the cops...

Which EU country did it happen? You mind sharing?

Yours,
Piotr

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nnnarvaez 7 years ago (edited)

France my friend, the most soft policed state in the union i would say

Everytime i have to send or receive money from the family abroad they make me feel like a criminal...

My sister used to live in Panama, at that time the Panama papers where a thing... She tried to send me some money... I had to fill like a dozen forms for my bank to release it (and it was like 300€ only I cant imagine big amounts).

If you want to give a gift in cash (You gotta pay taxes.... )

What about you were are you from ?

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crypto.piotr 7 years ago

Dear @nnnarvaez

Somehow I've missed your comment and I only had a chance to read it now.

Thx for always being so responsive :)

I didn't know France is so strict. I'm Polish but I've been living for past several years in different Asian countries. Far away from EU. So Im not fully aware how difficult

Cheers
Piotr

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