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War5oldier, war5oldier@lemmy.world

Instance: lemmy.world
Joined: a month ago
Posts: 7
Comments: 4

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Posts and 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?


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Posts 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?