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or just stop using public money on whitelisting transactions, how much resources is British Columbia spending on trying to flag transactions. The best they got
by caprese 7y ago
or just stop using public money on whitelisting transactions, how much resources is British Columbia spending on trying to flag transactions. The best they got after all of this is a report from GERMANY talking about it, and now they are lobbying the Canadian federal government for MORE resources to combat it, WHY? To what end? So that housing prices rise 65% instead of 70%? WOW okay, and regarding the lofty goal of stopping terrorist financing how about looking at all the terrorist attacks that didn't happen with all those billions disappearing where the origin was unknown and now the current unknown recipient has integrated it into the economy completely indistinct from everyone else.
The funny thing about "dirty cash" and money laundering is that this designation is reserved for AFTER you discover what the origin of the money was AND ALSO have seen it converted into a clean source. The action of converting it into a clean source doesn't make it dirty before hand, hence no money laundering. The onus is on the government. Money laundering itself just being an added on charge to help make an indictment stick, when you can't actually pin the crime to acquire the dirty money on anyone. How much would that cost British Columbia to figure out? Would be the dumbest use of public coffers
- soperj 7y ago>how much resources is British Columbia spending on trying to flag transactions I'm in BC. The honest answer to this is really nothing. No one at a higher level cared at all about this, since they were raking in a ton from transaction fees.
- caprese 7y agoWhich authority in Canada is caring at all? Vancouver, BC, Federal government?