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You're falling victim to the same trap as what Snowden is talking about. Serial numbers on bills are routinely scanned and tracked. There's a discussion here:
by sievebrain 10y ago
You're falling victim to the same trap as what Snowden is talking about.
Serial numbers on bills are routinely scanned and tracked. There's a discussion here:
https://www.reddit.com/r/explainlikeimfive/comments/3ou4h4/eli5_how_are_the_serial_numbers_on_banknotes/ https://www.reddit.com/r/explainlikeimfive/comments/3ou4h4/e...
It's not done at the point of sale. It's done when the money is returned to the banks themselves, and when they're dispensed at ATMs. Cash doesn't circulate for long and anti-money laundering laws prevent payment for many expensive items in cash, so this can provide important clues about where the money goes.
For instance, withdraw money from an ATM, pay for food at your local grocery shop, and the bank/govt can see "withdrawal from account Herr Schmidt at 7:03pm Thursday, deposited by a grocery store down the road the next day" and conclude the money was used to buy food ... or at least had at most one hop in between.
- mirimir 10y agoYes, and that's problematic for mailing cash anonymously. It's not so easy to accumulate large denominations, and may attract attention. When possible, I like to mail gold. It's easy to clean, too.
- ashitlerferad 10y agoWe need people operating mixes for cash and SIM cards. Dump $50, get a random bunch of notes that add up to $50. Dump a prepaid SIM, get a new prepaid SIM.