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Weren't they seeking to achieve tax evasion, not privacy? Physical currencies are anonymous, and they are not widely seen as unethical.
by d0lph 11y ago
Weren't they seeking to achieve tax evasion, not privacy?
Physical currencies are anonymous, and they are not widely seen as unethical.
- castis 11y agoYes, physical currencies are anonymous. However, it doesn't seem very practical to hold onto the physical currency in the amount that these guys are hiding.
- d0lph 11y agoReminds me of a joke, the 500 euro note was created so politicians only have to carry one suitcase on a plane. Difficult but not impossible, you can easily carry $100,000 in $100 notes in a bag, and at most you would only need to carry a thousand or so. As far as legally stashing cash, a large safe or gold would suffice.