War5oldier, war5oldier@lemmy.world
Instance: lemmy.world
Joined: a month ago
Posts: 7
Comments: 4
Posts and Comments by War5oldier, war5oldier@lemmy.world
Comments by War5oldier, war5oldier@lemmy.world
who uses cash nowadays
Cash exists for a reason such as in the case of power outages, most payment systems are down in that type of scenario, since those are reliant on electricity so cash is a back up.
No shop accepts them. ATMs give out 50 euro notes
Will electronic stores accept either 100 or 200€ bills when purchasing an iPhone for 1500€ upon paying in cash? Also, can you pay only with 200€ (x30) only in physical currency when purchasing a 8K TV that may be 6000€.
100€ is not that common
But, can you visit a bank enquiring if they stockpile that denomination? (Same with 200 or 500€ bills) Like, “can I withdraw 5000€ in cash from my account consisting of only 100 & 200€ bills?”
Absolutely not
Is it because the $ is too volatile on maintaining stability long term?


Who manages the correctional system in your country?
The reason why American prisons carry a shit reputation is due to the big issue regarding their prison industrial complex, meaning it’s more akin to a private firm (some contractor manages the prison monetizing every aspect) than a state owned government insitution.
Why are portion sizes in the US big?
Coming from Europe & Asia, the amount of crap fed in America is just crazy: like “is that for ONE person?” (more like an entire table of 4) since what is considered “normal” is just beyond what my stomach can handle, whenever I see their portion sizes: it makes me puke. (No wonder why they have a higher rate of obesity…)
Is cafeteria food served across European schools better than America?
I’ve heard that food served in American schools is bad because of the fact that it’s either fast food corporations taking the spotlight or outsourcing the labor to third party contractors (the same ones who make food for inmates across prisons) but fed towards kids.
Cash exists for a reason such as in the case of power outages, most payment systems are down in that type of scenario, since those are reliant on electricity so cash is a back up.
Will electronic stores accept either 100 or 200€ bills when purchasing an iPhone for 1500€ upon paying in cash? Also, can you pay only with 200€ (x30) only in physical currency when purchasing a 8K TV that may be 6000€.
But, can you visit a bank enquiring if they stockpile that denomination? (Same with 200 or 500€ bills) Like, “can I withdraw 5000€ in cash from my account consisting of only 100 & 200€ bills?”
Is the new 200€ bill that common?
I know that the 500€ bill ceases to exist on the new series of bank notes (as they capped it at 200€) but those who possess the older series with that denomination can still use it as legal tender, but is it that common for Europeans to have a 200€ bill in their wallet? I’ve heard as to why they ceased on printing 500€ is mainly relating to both criminal activity or money laundering as that denomation has been abused as such.
Is it because the $ is too volatile on maintaining stability long term?
Do Americans trust their own currency?
Putting it into perspective: the Swiss Franc is backed by mutual trust which is something money can’t buy (investors have confidence on economic stability during times of crisis) since it’s not pegged to another currency or gold despite them having gold reserves. They even have a 1000 CHF bill ($1,269) so it’s a strong currency in that sense, they barely circulate it outside.
Is an individual's debt rescinded when they passed away?
The scenario is like this: boyfriend has unpaid debt (either from loansharks or the bank themselves) however he died from a terminal illness before debt collectors can get to him, but does his death automatically “erase” the unpaid debt he owes as he’s gone?
Will these currencies lose value due to the Iran War?
I mean, due to the war with Iran: will these currencies (mentioned below) lose value because the strait of Hormuz is under threat despite that route being vital for the transportation of crude oil worldwide?