pull down to refresh

Israel bans use of cash for purchases larger than NIS 6,000www.jpost.com/business-and-innovation/banking-and-finance/article-713354
106 sats \ 3 comments \ @CypherPoet 29 Jul 2022 bitcoin
write
preview
related posts
0 sats \ 0 replies \ @IgnaciobTato 29 Jul 2022
That's around 1.800 usd. In most countries the limit is much lower (even 200usd).
reply
0 sats \ 0 replies \ @allark 29 Jul 2022
Central Bankers really taking off the mask from
“Let us hold your gold for these notes”
To
“You will live as we say you will slave”
reply
0 sats \ 0 replies \ @Wumbo 30 Jul 2022 freebie
Observation: Within 4 years the limit has been almost been cut in half (not adjusting for inflation https://tradingeconomics.com/israel/inflation-cpi).
From 11,000 to 6,000 ILS. (https://www.jpost.com/Israel-News/What-does-the-new-law-limiting-cash-mean-for-you-576227)
Appears to be trending towards zero cash is allowed.