Is the 500-euro note the unicorn of Europe? #payments #cashless #bitcoin

France Plans To Prohibit Cash Payments Over €1,000 -

forbes.com 14 Feb '13, 3pm

Is the 500-euro note the unicorn of Europe? #payments #cashless #bitcoin

Richter illustrates the ban’s impact with an example of purchasing a used car: “two crisp 500-euro bills and a single coin — voilà , an illegal transaction.” Used cars could easily cost more than €1,000 and accepting cash protects the seller, but the larger problem may be finding those 500-euro bills in the first place. While the southern coast of Spain was once believed to have the highest concentration of 500-euro notes in circulation, the distinctive purple bill has become more like the unicorn of Europe because they are rarely seen. The UK banned the sale of 500-euro notes at exchange offices in 2010.

Full article: http://www.forbes.com/sites/jonmatonis/2013/02/14/france-...

Tweets

@colindean » 18 Feb '13, 12am
France Plans To Prohibit Cash Payments Over €1,000 [link] #bitcoin getting more attractive daily
@BitCoinReporter » 17 Feb '13, 5pm
France to prohibit cash trx > 1000 [link] #bitcoin
@cal_abel » 14 Feb '13, 11pm
France Plans To Prohibit Cash Payments Over €1,000 - Forbes [link] Can you say, bitcoin will take off?
@aboveawhisper1 » 14 Feb '13, 8pm
Have you looked into #Bitcoin? We all may need it soon!! France Plans To Prohibit Cash Payments Over €1,000 - Forbes [link]
@BitcoinByte » 14 Feb '13, 3pm
RT @jonmatonis: Is the 500-euro note the unicorn of Europe? [link] #payments #cashless #bitcoin
@jonmatonis » 14 Feb '13, 3pm
Is the 500-euro note the unicorn of Europe? [link] #payments #cashless #bitcoin
@davidwolman » 14 Feb '13, 6pm
RT @jonmatonis: Is the 500-euro note the unicorn of Europe? [link] #payments #cashless #bitcoin
@DamonBingman » 14 Feb '13, 4pm
RT @jonmatonis: Is the 500-euro note the unicorn of Europe? [link] #payments #cashless #bitcoin

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