Message:

<p>[QUOTE=&quot;Owle, post: 961177, member: 22004&quot;]<b>500 Euro Note</b></p><p><br /></p><p><br /></p><p>&nbsp;</p><p>The counterfeiting is only significant in non-US countries.&nbsp; Plus counterfeiting is only a tiny percentage of the problem. Ultimately, the issue is a government control matter.&nbsp; Cash is hard to track, to tax, and to know basis on transactions.&nbsp; Often the IRS revenue officer throws up his hands when the legitimate business is doing many cash transactions, with sufficient records to establish basis for profits netted.&nbsp; A 500 or 1000 dollar note would not be any more of a problem to establish legitimacy with.&nbsp; Governments try to discourage cash transactions, they will always use the argument about illegality, which is partly true, but in actuality a smoke screen for other issues mainly that they do not trust business people to do substantial business and pay all their taxes.&nbsp; Try to go up to Canada with a bunch of cash and no credit/debit card sometime and see how the border guards feel about that.&nbsp; They want to be able to track you from one town to another.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in