3 ms·
I would not be so sure about the authorities. Consider: 1) Get cash out of bank. At this point, it is possible to record which bills you received from the bank
by gizmo686 11y ago
I would not be so sure about the authorities. Consider:
1) Get cash out of bank. At this point, it is possible to record which bills you received from the bank.
2) Spend cash at store.
3) Store deposits cash at bank.
Because of how little a lot of cash tends to circulate before being returned to the banks, it is possible for the authorities to get a fair idea of how you spend your cash. This is still better then cards, but not nearly as good as it looks.
- J_Darnley 11y agoSure government or bank tracking could know where you spent that money but less so on what. Spending it in a supermarket will tell them food but not brands or habits or diet. If you also have other people getting cashback at the same register the notes are then spread to someone else before collection.