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this post was submitted on 24 Jul 2024
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Privacy
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I knew a guy who didn't even have a bank account. He only accepted cash.
Good luck finding a job where your employer accepts to pay you in cash or check in Europe.
This depends on the industry. Domestic workers and builders are often paid in cash in Europe. Belgium even writes it in law that cash wages are prohibited if you work in an industry where that is uncommon. Strange (and discriminatory) law, but indeed white collar workers are legally blocked from cash payment while other industries are grandfathered.
He had a shop and taught workshops in his studio.
I've also heard a claim of someone going full bitcoin, back in ~2013
That is not a typical form of employment. I'm sure there are edge cases where that sort of thing is workable. But for most people who work for an employer, that's not an option.
Besides, I'm almost certain people who have cash-only or Bitcoin-only forms of income will be repeatedly audited like nobody's ever been audited. The taxman doesn't like cash transactions. I know that because I have a few friend who run cafes and bars in France and Belgium, and they're audited ALL.THE.FUCKING.TIME for one reason and one reason only: most bar patrons in those countries pay in cash, and it's super-easy for bar owners to whisk some of that money away from the cash register.
That’s not because of the cash. Even white collar workers getting paid electronically get audited because Belgium has a very high audit rate. I heard the probability of getting audited in Belgium is around 50%. Belgian auditors are extremely ambitious and highly motivated. They are employed in high numbers. The only way to avoid being audited in Belgium is to not work in Belgium.
Well, I must also say that I realize that a lot of these places hide revenue.
But it course that is necessary if you want to compete with larger companies that evade taxes.