In Italy, it’s illegal to pay in cash anything over 5000 euros | Hacker News

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tony69 80 days ago | parent | context | favorite | on: Squillions: How money laundering won

In Italy, it’s illegal to pay in cash anything over 5000 euros

y-curious 80 days ago | [–]

Ok, but 5 smurfs buying 5 €4999.99 watches is still €25k

Gigachad 80 days ago | [–]

Sure but presumably you could buy as many $4000 handbags and watches as you want. If it’s not being tracked it would be hard to pick up.

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