“Have these gentlemen ever seen a revolution? A revolution is certainly the most authoritarian thing there is; it is the act whereby one part of the population imposes its will upon the other part by means of rifles, bayonets and cannon”

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Joined 3 years ago
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Cake day: March 24th, 2022

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  • How will they enforce it? I’m sure big/medium businesses will comply, but how can you track a cash transaction between private citizens?

    Furthermore in the country where I live (Italy, one of EU founding members) more than 60% of independent professionals (partite iva) evade/elude taxes in some way or another, and it’s very common (so common that every Italian experienced it many times in their lives, me included) for small businesses and professionals to offer you a slight discount if you pay cash under the table (no receipt, so no taxes) and, even if we have an entire police force dedicated to financial crimes, the submerged economy is just so big that they can’t deal with it now, imagine when they’ll have to arrest/fine everybody that accepts more than €3000 in cash.

    What somebody writes on a piece of paper and what happens in the real world are 2 very distinct things, many stores in Italy don’t accept credit cards even if it’s against them law, and only a minuscule fraction of them gets fined.

    The EU has extremely nazi-esque control on the private financial life of its citizens (the state monitors your bank account, to open a bank account you need to give every info about u in the future they’ll ask for your DNA probably, if you withdraw/deposit a “suspect” amount of money our IRS will come after your ass, ane you need to prove your innocence basically guilty untill proven otherwise, ecc, there are a thousand examples, I’m sure EU citizens can relate) but I can’t see how they’ll be able to track pieces of paper.

    TLDR I can’t even see how they will be able to enforce this law, especially when we talk about small businesses/independent contractors, and the situation gets even funnier when its a transaction between 2 private individuals.



  • frippa@lemmy.mltoAsklemmy@lemmy.mlAre you a 'tankie'
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    5 months ago

    And they sometimes get called “tankies” too by people to the right of them. That’s why I both think it’s a useless term (if everybody is a tankie, then nobody is) and why I think I fall in the definition (as most leftists do, I’ve seen pretty mild social democrats being called “tankies” by liberals)

    Plus ultimately these blanket descriptions are pretty useless IMO, you’ll find extremely heated debates between “tankies” themselves on many topics, there’s no consensus, and there are many different ideologies “tankies” subscribe to. It would be like saying that Democrats, Republicans, Libertarians and Greens are all the same thing. We could call them “dronies” maybe.







  • So is there a legitimate reason to want to be able to use large amounts of cash

    Before answering this question we should define “a large amount” as it stands today, I, a private citizen with no criminal record, who hasn’t ever been investigated by fiscal authorities in my life, can’t spend more than €2000 in cash or else I’ll face a huge fine and I’ll be automatically considered a “money launderer” and a “financial criminal”

    Now, to answer your question: personal data is digital gold, it’s only natural people don’t want their banks to track every thing they buy, your data won’t just be sold to the highest bidder. It will be sold and shared to the “1683 partners” you see on the cookie banners. Not wanting your financial and spending data to be sold and shared with thousands of (sometimes really malicious) entities. Not wanting the prostitution of your data, and, to the maximum possible extent not participating in this coercitive datamining system (you don’t really have a choice, every bank does this to some often cryptically disclosed if disclosed extent) is the legitimate reason I believe cash is a payment method that, when possible, should be used.

    To clarify my position: I don’t oppose limitations on cash transactions necessarily because I want to buy something like a car with cash, buying a car still requires extensive paperwork and as such most privacy benefits from paying cash vanish instantly. I oppose the marginalization of cash because it’s leading to a bankized societiy, we are seeing it with our very eyes.

    At least where I live you:

    can’t get your paycheck in cash

    can’t withdraw more than an undisclosed amount, else you’re suspicious and may be investigated, without your knowledge (oh, and the burden of proof is on you!)

    Can’t receive many welfare benefits without a bank account

    A bank account is nothing short of mandatory, yet there’s not national bank you can open an account in. School is mandatory, public schools exist.

    Private banks offer many benefits such as:

    Investing in fossil fuel companies.

    Not ensuring a single cent of the money they should keep safe, a national fund ensures up to €100k,but if it was for the banks id let you guess.

    Offering subpar and overpriced investment products with ludicrous fees to unsuspecting and financially illiterate but often hard-working people, eroding their life savings.

    Seeing the above points, I tend to look with distrust at laws, regulations etc that aim at pushing people into banks. People should be able to live their entire life without opening a bank account if they want, and without being judged as criminals.

    It’s not like this is impossible, there are places with way less financial crime than my country, than the USA or other countries who restrict cash who don’t marginalize cash as much, countries such as Japan or Germany.

    but this is a privacy basically nobody chose to have anyway

    If there wasn’t a societal unspoken obligation to have a bank account, many people would have ditched theirs a long time ago, me very much included, people are just coerced into accepting it. Not saying we should live like financial hermits, just that we should stop accepting the status quo, and that many people only use their bank account to receive their salary and withdraw it later, maybe put something away if they can afford it. That shouldn’t require your data to be mined.


  • It’s 100% because they want it to be traceable. I’m not sure, but I think I’m OK with that.

    Yes criminals use cash because it’s private, but criminals also use:

    • E2E encryption
    • VPNs
    • Private operating systems (Linux, Android ROMs)

    Criminals use private technology because they need to hide from the police. That does not mean we need to ban or heavily restrict (current state of cash in parts of the world, such as the USA or the EU) private options and private technologies just because “criminals use them” if you accept a ban on privacy and an increase in surveillance in order to counter criminality, you will receive an omnipotent government and corporations spying on you with a mandate.

    The criminals will just go even more underground. They always adapt, they always had and always will.

    We must not sacrify privacy in exchange for “safety”


  • Some kind of marketplace like eBay.

    Having bought and sold there the rules are quite arbitrary, and their cryptic algorhitm is a nuisance to buyers (you clicked by accident on a stove? You’re gonna see a ton of stoves in the recommended for a while!) and periodically harms sellers (if you don’t post daily and basically make it your day job, good luck making money!)

    a federated alternative, with different instances for various interests and categories, meta-categories even and so on. Maybe regional instances like we have on here, one for the EU (quite convenient to ship and receive packages from inside of it, no customs wasting time and money) one for North America, one for East Asia, etc. With one being able to purchase from all of them.

    Federation would also ensure that rules are properly enforced without abuses or other malpractices like eBay does (did you know eBay shipped a pig head to somebody who publicly criticized them?) since those instances would naturally be avoided and new ones would be made. It would also prevent excessive fees, as the fediverse is generally not a for-profit endeavor, and still, there will always be the option to shop around from other instances.