21–30 of 176 posts
For context here: This guy is a right-wing nutjob who spews Russian propaganda. Ensuring cash is mandated in the constitution ensures that there is always a good money laundering and bribing method available, especially for the Russian mob and spy agencies, which Vienna is crawling with for years: https://www.businessinsider.com/vienna-crawling-russian-spie...
I certainly would not mind similar provisions in law in the US.
I agree.
Every time I see a sign that says "We're cashless!" I read it as "We're racist!"
If the very minimal burden of handling cash is going to ruin your business, you're not a business. You're a hobby.
Seems a little short-sighted. Constitutions are meant to last for centuries, right? What's the payment landscape going to look like in 2400? Even now, the enforcement detail is too much to put into a Constitution. There would need to be statute dictating exactly what vendors of what size selling what goods in what way have to actually accept cash. There's no sane way to require this of remote transactions. Nobody is…
> Constitutions are meant to last for centuries, right? Apparently, according to a study[0], the average life expectancy of a constitution (I presume it means a written, codified one) since 1789 is around 19 years. So while I'm sure the writers of constitutions envision them to last for centuries, in appears that they don't in practice. The world's oldest written, codified constitution still in operation is the one i…
Surprised to see someone I associate with the right wing standing up for privacy, but a win is a win.
Earlier quoted context omitted.
> it is a little surprising to see such political news on HN In my experience, currencies have been of consistent interest in HN. At least, if you consider cryptocurrencies as such ;-) > But this is a none-issue > is meant to be a step against organised crime Perhaps recent developments around the world would change your mind? The Canadian trucker protests of 2022 saw political protestors get bank accounts frozen, an…
>> recently a famous politician in the UK got de-banked partly out of his political views As a person in the UK, who is fairly in touch with the media industry. This is such a non-story. I just want to do my bit to fight disinformation with the real information here : That FORMER (not current) politician is a TV personality, who works for a TV channel called GB News [1] GB News is directly managed by Paul Marshall, i…
From what I've seen on the news, the account balance issue was an excuse that Coutts came up with later, after it was revealed that he had his account closed because "his views do not align with ours" or something similar. There was a leaked email or memo or something with that information.
Edit:
According to what the Telegraph says are minutes of a meeting of Coutts' wealth reputational risk committee held on November 17 2022, they read: "The committee did not think continuing to bank NF [Nigel Farage] was compatible with Coutts given his publicly-stated views that were at odds with our position as an inclusive organisation. "This was not a political decision but one centred around inclusivity and purpose." He also said there was a perception that he was regarded as "racist and xenophobic", which he called an "appalling slur".
Earlier quoted context omitted.
> Constitutions are meant to last for centuries, right? Apparently, according to a study[0], the average life expectancy of a constitution (I presume it means a written, codified one) since 1789 is around 19 years. So while I'm sure the writers of constitutions envision them to last for centuries, in appears that they don't in practice. The world's oldest written, codified constitution still in operation is the one i…
Even the founders of the US did not expect the constitution to be used so long.
For context here: This guy is a right-wing nutjob who spews Russian propaganda. Ensuring cash is mandated in the constitution ensures that there is always a good money laundering and bribing method available, especially for the Russian mob and spy agencies, which Vienna is crawling with for years: https://www.businessinsider.com/vienna-crawling-russian-spie...
Lol, the article you just posted is literally an example of bribing someone without using cash. Did you even read it? Do you get your information from just reading headlines without any critical thought? Was this post generated by ChatGPT?
Using a very basic and simple understanding of how votee politics and Austria works it's pretty obvious what the simplest reason this policy is being proposed: Cash is popular in Austria and this guy wants to get votes.
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He's basically the Donald Trump equivalent of Austria but instead of raising border walls to "stop Mexicans" he's, "crusading for cash, and stopping Romanians" instead of the actual issues.
Calling him based is like calling Trump based.
What makes cash special is that compared to other assets, it puts a bit more power into the hands of the individual and a bit less power in the hands of the government. To count or seize the individuals cash, the government has to make some fuzz. Aka send men with guns. There seems to be some divide in our world between people who consider individual power a good thing and people who consider it unnecessary. Here in…
Wow, that was really interesting. I wonder why some supposed richer countries are quite low on that list. E.g. Sweden way down at 30