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Being placed in such a list means you can’t touch any finance institution outside of say mainland China. Means you’re stuck to using cash or supposedly crypto.
by whb07 6y ago
Being placed in such a list means you can’t touch any finance institution outside of say mainland China.
Means you’re stuck to using cash or supposedly crypto. The cash you can’t store anywhere, and you’ll be given large bags of it bi-monthly.
Means you can’t go travel because you’ll be forced to explain why you’re taking large bags of money around. I doubt a hotel in Paris takes Yuan for a simple room. They might if you were a whale though.
- londons_explore 6y agoThe $2000 I would need for a nice weekend away in Paris would totally fit in my jacket pocket. The rest of my money would be in a sturdy safe back home, guarded by someone who thinks their job is to keep people from vandalising my quite nice house and doesn't know I store my cash in the basement.
- whb07 6y agoAssuming for a second its USD $2k, that is all you would take as a person presumably with a family/partner to Paris from Taiwan? What are you talking about? You would need a couple grand just to be safe and cover the basics then you would need a couple more for the hotel in a presumably nice place. Then when you're likely going to have to declare the cash youre taking (probably $5k+ just for yourself) at both airports and if you don't you'll be committing some crime or be harassed / delayed for it. It no longer becomes enjoyable or feasible for a regular person to do this type of thing. Now if you had millions of dollars and could book own private jet I'd agree with it just being a small detail.
- FpUser 6y agoI think if it comes to that, China can easily supply said people with new identities making the threat mute.
- whb07 6y agoRight... At which point lets assume its a married man with a family, "Hey honey, lets move to mainland China where I'll get twice the salary but we'll never come back here and we will for sure become enemies to Taiwan."
- londons_explore 6y agoPlenty of people would do that for the promise of a better quality of life for their family.
- FpUser 6y agoWhy would they become Taiwan's enemies? Because the US says so? And getting second identity issued by China in order to make life easier does no eliminate the old one. Maybe some inconvenience but if the money is right ...
- bllguo 6y agoEnemies to Taiwan? Sanctions? Your understanding of the Taiwan-China relationship is overly colored by Western perspectives.
- sudosysgen 6y agoThese are ridiculously distorted ideas of both the actual soft power of the CCP and the nature of Taiwan-China relations.
- kyawzazaw 6y agoYou clearly are not aware of Myanmar's military juntas. They couldn't care much that US, UK and a lot of western countries sanctioned them. They won't just do a summer vacation there. Carrying a large bags of money? We do that super often, even ordinary business owners. You also seem to forget the currency exchange.