this post was submitted on 07 Aug 2023
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Europe

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Austrian leader backs far-right idea of enshrining cash in constitution (www.euractiv.com)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
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Austria’s conservative Chancellor Karl Nehammer wants the right to use cash enshrined in the constitution, he told Austrian media in remarks published on Friday (4 August), an idea the far-right Freedom Party has been pushing for years.

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[–] [email protected] 3 points 1 year ago (1 children)

I can't say much for Europe, but in America, some immigrants tend to not have IDs, birth certificates or other important documents needed to open a bank account. Other people tend to be far away from a bank, especially in poorer areas. Banks tend to serve the rich, and don't see as much profit operating for the poor.

I'll bet that some of the same things are true in Europe