this post was submitted on 21 Mar 2024
569 points (88.9% liked)

Privacy

31892 readers
567 users here now

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Related communities

Chat rooms

much thanks to @gary_host_laptop for the logo design :)

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] shrugal@lemm.ee 202 points 7 months ago* (last edited 7 months ago) (12 children)

Clickbait headline. The underlying article lists much more reasonable restrictions:

  • Anonymous cash payments over €3,000 will be banned in commercial transactions
  • Cash payments over €10,000 will even be completely banned in business transactions
  • Anonymous payments in cryptocurrencies to wallets operated by providers will be prohibited

So non-commercial transations are fine, as are crypto transactions to non-custodial wallets.

[–] FarraigePlaisteach@fedia.io 18 points 7 months ago (1 children)

What's the difference between commercial and business? I thought they were synonymous.

[–] shrugal@lemm.ee 12 points 7 months ago

I think they are used synonymously in this article, but business could also mean B2B transactions, so between two businesses.

load more comments (10 replies)