this post was submitted on 23 Aug 2023
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theNetherlands

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(edit: title corrected thanks to @Ghoelian@feddit.nl’s info)

cross-posted from: https://slrpnk.net/post/1624944

Saw a “no cash” sign at a bakery. Conversation went like this:

me: So, no cash? What’s going on there?

cashier: Yeah, we’re not allowed to accept cash.

me: Isn’t it the other way around? Isn’t there a legal tender law in #Netherlands?

cashier: Yeah, we’re not allowed to refuse cash.

me: So this sign posting says loud and clear “we are breaking the law”, in effect, no? Is that not being enforced?

cashier: That’s right. It’s unenforced in Netherlands.

The same thing is happening in #Belgium. This kind of forces me to revise my understanding of European culture & norms. In both the US & Europe there is a culture of certain laws (rightfully) going unenforced against individual natural people. E.g. small amounts of marijuana possession. But I previously thought when it came to moral/legal people (businesses), they simply complied with the law in Europe to a great extent.

IOW, companies complied with laws in Europe. Contrast that with the US where corporations small and large will blatantly disregard any laws that interfere with profit based on the calculated risk of getting caught and risk of penalties.

I just wonder if Europe is being influenced by cavalier US corps and changing to comply only when penalties are likely. Or is this something I had wrong all along.. that EU companies were always loose with compliance?

#WarOnCash

update


The original post was censored without reason by @knollebol4 @nlemmy.nl. It’s now a non-existent node, perhaps rightfully so if it’s going to use an anti-spam tool against ideas.

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[–] activistPnk 1 points 1 year ago* (last edited 1 year ago) (1 children)

There are countries that advocate for the right to pay with cash and the privacy advantages it brings.

There is an important distinction here between point of sale (PoS) & debts. AFAIK, the Netherlands & Belgium makes no distinction. But Australia & the US does make the distinction because it’s more of an injustice if a debt cannot be settled in cash.

PoS w/cash ensures privacy & access. It’s also resilient to catastrophes like the power grid going down, bugs and malware bringing down appliances, etc. But if a merchant does not accept cash then it’s not a big¹ deal. The contract doesn’t happen and at least neither party is at a loss.

W.r.t. debts, a debtor cannot guarantee bank access throughout the whole duration of the contract. Creditors also profit from late fees when their info system goes down or they do something to make payments painful or they alter the firewall config to block some customers. The debtor should not be put in a position of incurring penalties whenever the creditor adversely changes the info system. Cash should always be an option because shit breaks.

I’ve had a bank that decided out of the pure blue “we are closing both walk-in service and the website permanently… use our closed-source smartphone app which only works on very recent phones if you want to continue accessing your money”. Not joking. Banks are pulling that shit. I have a term for this: “broken”. When my bank is broken, I still need to be able to pay creditors & if they don’t take cash & yet still expect to be paid, on time or penalty levied, it’s an injustice.

¹ Assuming we’re not talking about something extremely essential. When there is one energy supplier to choose from and they don’t take cash, that is a big deal. So really there needs to be a further distinction between PoS of something both essential and uniquely sold, and other sales.