Europe unfriendlyness is growing

[OROBTC]

...

laosai and bargainbin

500 euro notes would be useful in paying hotel bills for tourists.  Tourists MIGHT be able to convince some hotel owners to charge them less by offering to pay in cash (no 3% CC charges).

Illegal crimes?  Crack down on the criminals!  Put them in jail (ahh, how many "Rapefugees" are now in jail, hmm?).  Criminals commit crimes?  Catch them and lock 'em up.

Don't restrict our freedom.

[Laosai]

...

laosai and bargainbin

500 euro notes would be useful in paying hotel bills for tourists.  Tourists MIGHT be able to convince some hotel owners to charge them less by offering to pay in cash (no 3% CC charges).

Illegal crimes?  Crack down on the criminals!  Put them in jail (ahh, how many "Rapefugees" are now in jail, hmm?).  Criminals commit crimes?  Catch them and lock 'em up.

Don't restrict our freedom.

It's a point of view.

Fact is you gotta chose between cutting the main value exchange process of illegal activities, and maybe upsetting one or two tourists every year that wanted to pay cash. What do you chose?

Anyway I'm not sure it's such a big debate. Nobody uses those bills so that you forbid it or not is just a detail. Especially as you can easily replaced it with 200 or 100€ bills.

[valta4065]

...

laosai and bargainbin

500 euro notes would be useful in paying hotel bills for tourists.  Tourists MIGHT be able to convince some hotel owners to charge them less by offering to pay in cash (no 3% CC charges).

Illegal crimes?  Crack down on the criminals!  Put them in jail (ahh, how many "Rapefugees" are now in jail, hmm?).  Criminals commit crimes?  Catch them and lock 'em up.

Don't restrict our freedom.

I mean I understand what you're saying but honestly, we (Europeans) absolutely don't care about the 500€ bill.

Nobody uses it! I never saw one in my whole life! And I'm not poor, just not using thousands of euros in cash xD

I think that's also for that reason that government are starting to question those bills. Just because they're not used, not at all.

[countryfree]

...

laosai and bargainbin

500 euro notes would be useful in paying hotel bills for tourists.  Tourists MIGHT be able to convince some hotel owners to charge them less by offering to pay in cash (no 3% CC charges).

Illegal crimes?  Crack down on the criminals!  Put them in jail (ahh, how many "Rapefugees" are now in jail, hmm?).  Criminals commit crimes?  Catch them and lock 'em up.

Don't restrict our freedom.

I mean I understand what you're saying but honestly, we (Europeans) absolutely don't care about the 500€ bill.

Nobody uses it! I never saw one in my whole life! And I'm not poor, just not using thousands of euros in cash xD

I think that's also for that reason that government are starting to question those bills. Just because they're not used, not at all.

They are used everyday, it depends in which country you live.

If you're a used car dealer, or a shop selling electronics goods in Germany, they have customers paying cash everyday. Also some auctions houses don't accept anything but cash, so if you buy something costing €5,000, €500 bills are handy.

[bargainbin]

...
Well see, I understand that pulling out a wad of $500s might excite you, but such bills are of little interest to the 99.9 percent of us hoi polloi. And while I would enjoy seeing a $3 bill, and a $2.37 bill, I'm willing not to whine about the U.S. Treasury, The Bureau of Engraving and Printing, to be more precise, not printing up any for me to enjoy.

As far as $500, those would be far more useful to criminals and people who wish to compensate for ...certain lackings by pulling out gold money clips of large bills.
We don't wanna cater to those

Let's say you want to buy an ounce of gold, that would cost some $1270 at your local coin shop.  Two $500s and some more vs. 13 $100s.  Pay by credit card?  They won't take it (risk of chargebacks), and even if they did, that would be 3% MOAR you would have to pay.

Your coin shop doesn't trust you? And you honestly can't be bothered to carry 13 bills instead of 5?
How often do you do this, buy ounces of gold from your coin shop? like, once a day, or more often?
Can you write them a fucking check, or did you previously screw them?
You seriously can't carry an extra (what do 8 bills weigh, anyhow? less than an ounce?)? How will you carry that z of gold?!
You're not entitled to have whatever bills you feel. I want $3 bills, and yet I haven't even petitioned my government to print them. Can you imagine?
TL;DR: It's not all about you, Snowflake. Make do with hundreds, you'll live.

[OROBTC]

...
Well see, I understand that pulling out a wad of $500s might excite you, but such bills are of little interest to the 99.9 percent of us hoi polloi. And while I would enjoy seeing a $3 bill, and a $2.37 bill, I'm willing not to whine about the U.S. Treasury, The Bureau of Engraving and Printing, to be more precise, not printing up any for me to enjoy.

As far as $500, those would be far more useful to criminals and people who wish to compensate for ...certain lackings by pulling out gold money clips of large bills.
We don't wanna cater to those

Let's say you want to buy an ounce of gold, that would cost some $1270 at your local coin shop.  Two $500s and some more vs. 13 $100s.  Pay by credit card?  They won't take it (risk of chargebacks), and even if they did, that would be 3% MOAR you would have to pay.

Your coin shop doesn't trust you? And you honestly can't be bothered to carry 13 bills instead of 5?
How often do you do this, buy ounces of gold from your coin shop? like, once a day, or more often?
Can you write them a fucking check, or did you previously screw them?
You seriously can't carry an extra (what do 8 bills weigh, anyhow? less than an ounce?)? How will you carry that z of gold?!
You're not entitled to have whatever bills you feel. I want $3 bills, and yet I haven't even petitioned my government to print them. Can you imagine?
TL;DR: It's not all about you, Snowflake. Make do with hundreds, you'll live.

Of course I'll make do.  Always have.

Try paying with a check at your coin shop.  There are other legitimate businesses that take cash too.  If I ran a coin shop, or sold gold, or ran a pawn shop, I would not take credit cards or checks.

 

I'm not sure you have thought this through enough to understand that LARGE denomination bank notes mean a little more freedom.  

Keep thinking, Snowflake.

[valta4065]

...

laosai and bargainbin

500 euro notes would be useful in paying hotel bills for tourists.  Tourists MIGHT be able to convince some hotel owners to charge them less by offering to pay in cash (no 3% CC charges).

Illegal crimes?  Crack down on the criminals!  Put them in jail (ahh, how many "Rapefugees" are now in jail, hmm?).  Criminals commit crimes?  Catch them and lock 'em up.

Don't restrict our freedom.

I mean I understand what you're saying but honestly, we (Europeans) absolutely don't care about the 500€ bill.

Nobody uses it! I never saw one in my whole life! And I'm not poor, just not using thousands of euros in cash xD

I think that's also for that reason that government are starting to question those bills. Just because they're not used, not at all.

They are used everyday, it depends in which country you live.

If you're a used car dealer, or a shop selling electronics goods in Germany, they have customers paying cash everyday. Also some auctions houses don't accept anything but cash, so if you buy something costing €5,000, €500 bills are handy.

Really? Well it's fun, cause it's really uncommon in France for example.

Well I bet that if it's rather largely used, no point in forbiding it then =)

[bargainbin]

...
Well see, I understand that pulling out a wad of $500s might excite you, but such bills are of little interest to the 99.9 percent of us hoi polloi. And while I would enjoy seeing a $3 bill, and a $2.37 bill, I'm willing not to whine about the U.S. Treasury, The Bureau of Engraving and Printing, to be more precise, not printing up any for me to enjoy.

As far as $500, those would be far more useful to criminals and people who wish to compensate for ...certain lackings by pulling out gold money clips of large bills.
We don't wanna cater to those

Let's say you want to buy an ounce of gold, that would cost some $1270 at your local coin shop.  Two $500s and some more vs. 13 $100s.  Pay by credit card?  They won't take it (risk of chargebacks), and even if they did, that would be 3% MOAR you would have to pay.

Your coin shop doesn't trust you? And you honestly can't be bothered to carry 13 bills instead of 5?
How often do you do this, buy ounces of gold from your coin shop? like, once a day, or more often?
Can you write them a fucking check, or did you previously screw them?
You seriously can't carry an extra (what do 8 bills weigh, anyhow? less than an ounce?)? How will you carry that z of gold?!
You're not entitled to have whatever bills you feel. I want $3 bills, and yet I haven't even petitioned my government to print them. Can you imagine?
TL;DR: It's not all about you, Snowflake. Make do with hundreds, you'll live.

Of course I'll make do.  Always have.

Try paying with a check at your coin shop.  There are other legitimate businesses that take cash too.  If I ran a coin shop, or sold gold, or ran a pawn shop, I would not take credit cards or checks.

 

I'm not sure you have thought this through enough to understand that LARGE denomination bank notes mean a little more freedom.  

Keep thinking, Snowflake.

>There are other legitimate businesses that take cash too.
If by that you mean "take only cash," and we're talking about prices which will make $100 bills impractical due to bulk (so, like, >$10 grand), name one.
And no, reupping on product doesn't fall under "legitimate businesses."

So no, no $3 bills for me, no $1million bills for Trump & no $500 for you.
Life's hard, Honeybunch, lrn 2 make do.

[OROBTC]

...

We have different views then.  We will not change each other's minds.

Each of us is in a different environment with our own perspective, which is OK.

Peace.

[yenxz]

Europe targets 500 euro bill as it fights terrorism

In the wake of the Paris attacks, European officials are stepping up their efforts to choke off funding for terrorists by going after large banknotes, virtual currencies such as Bitcoin and pre-paid cards.

“We have to ‘follow the money’ and cut off the resources these groups use to carry out their heinous crimes,” said Frans Timmermans, a senior official at the European Commission.

“By hitting them in their pockets we reduce their ability to travel, to buy weapons and explosives, to hide in our towns and cities, and to spread hate and fear online.”

Europe’s top law enforcement officials say the 500 euro banknote (worth about $546) makes life easier for criminals.

we have little bit worry about this,and bitcoin will get some bad effect because this,but it never make me stop to spread bitcoin,europe is not the only one bitcoin market.

[Hazir]

Well, I can understand their point of view. Bitcoin is wild west of money transferring. Awful things like ransomware, terrorists funding, black markets are powered by bitcoin.
I don't want for bitcoin to be blamed for this and associated with these acts, but I doubt EU lawmakers know what they are doing.

[SuperCoinGuy]

Well, I can understand their point of view. Bitcoin is wild west of money transferring. Awful things like ransomware, terrorists funding, black markets are powered by bitcoin.
I don't want for bitcoin to be blamed for this and associated with these acts, but I doubt EU lawmakers know what they are doing.

They probably just want to mitigate the negative effects through regulation however it remains to be seen if they could pull this off well.

[Zeke2345]

Well, I can understand their point of view. Bitcoin is wild west of money transferring. Awful things like ransomware, terrorists funding, black markets are powered by bitcoin.
I don't want for bitcoin to be blamed for this and associated with these acts, but I doubt EU lawmakers know what they are doing.

You can strip bitcoin out of the situation and see that they blame cash in the same manner. It comes down to control over the people in many forms. If they lock down how we move finances they can create markets crashes easier and scare the people into doing what they feel is right for their pocket books.

[elizabethqueen]

Europe targets 500 euro bill as it fights terrorism

In the wake of the Paris attacks, European officials are stepping up their efforts to choke off funding for terrorists by going after large banknotes, virtual currencies such as Bitcoin and pre-paid cards.

“We have to ‘follow the money’ and cut off the resources these groups use to carry out their heinous crimes,” said Frans Timmermans, a senior official at the European Commission.

“By hitting them in their pockets we reduce their ability to travel, to buy weapons and explosives, to hide in our towns and cities, and to spread hate and fear online.”

Europe’s top law enforcement officials say the 500 euro banknote (worth about $546) makes life easier for criminals.

why they are blaming bitcoin for this all?i think some people use what their want to illegal or terorism payment,but we can't blame that payment (bitcoin).

[Zeke2345]

Only solution is to turn the five hundred bill into a thirty pound coin. Would make rich and terrorists stand out.

[valta4065]

Well, I can understand their point of view. Bitcoin is wild west of money transferring. Awful things like ransomware, terrorists funding, black markets are powered by bitcoin.
I don't want for bitcoin to be blamed for this and associated with these acts, but I doubt EU lawmakers know what they are doing.

Oh no they won't! Imagine they do, who will they be able to blame if they can't just tell people "mah, bitcoin fault, terrorists and shit" ^^

[xuan87]

How can they blame bitcoin for terrorist?

so if they got the fund from western union, should we closed western union??

If they bought weapon using Dollar, should we ask the country to change the currency?

I think it is very funny for europe blaming bitcoin for this matter, bitcoin is just like other money only bitcoin is digital money

[Gloober]

How can they blame bitcoin for terrorist?

so if they got the fund from western union, should we closed western union??

If they bought weapon using Dollar, should we ask the country to change the currency?

I think it is very funny for europe blaming bitcoin for this matter, bitcoin is just like other money only bitcoin is digital money

Exactly what I was thinking. Criminals will continue to do illegal stuff with anything, any currency.
You can't stop that by trying to forbid bitcoin. Bitcoin does make it easier on criminals nowadays. Just because illegal activities are going on, doesn't mean that they should prevent all of us from using bitcoin.

[mayax]

Not Bitcoin BUT the exchangers are part of criminal activities.

The exchangers are doing the IN and OUT....

[bargainbin]

How can they blame bitcoin for terrorist?

so if they got the fund from western union, should we closed western union??

If they bought weapon using Dollar, should we ask the country to change the currency?

I think it is very funny for europe blaming bitcoin for this matter, bitcoin is just like other money only bitcoin is digital money

EU isn't blaming Bitcoin -- Bitcoin is simply getting the same level of regulation as regular money, Snowflake.