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This isn't so far fetched. Cash registers already have Internet connections and can be outfitted with cameras to record all bills going in, except maybe those i
by spoonjim 6y ago
This isn't so far fetched. Cash registers already have Internet connections and can be outfitted with cameras to record all bills going in, except maybe those inserted in a stack. And ATMs might already be recording serial numbers of dispensed bills. Essentially they might/could do with currency what they do with license plates, which is track where everything goes and at what times.
- Eduard 6y agoLike 0 cash registers I have ever seen employ this.
- deftnerd 6y agoIt's a feature on some money counters, which seem like something banks might use at the end of the day to check the balances in the drawers.
- anonporridge 6y agoTruth is, most cash these days probably only has one or two transactions between bank withdrawal and bank deposit. If the banks track serial numbers, they could probably build a fairly complete picture of what kind of transactions are going on. With the vast amount of data, you could probably fill in a lot of the gaps.
- alcover 6y agoATMs might already be recording serial numbers I've been wondering about this forever. Say John gets bills from the ATM then pays dealer Dylan for weed. Dylan then buys a beer at a bar. If Dylan gets convicted, and banks collaborate with the police, then John gets subjected to - at least - parallel reconstruction.
- o-__-o 6y agoPlausible deniability wrecks that entire thesis (someone existing between John and Dylan such as a gas station)
- alcover 6y agoGas station isn't someone. It's an endpoint, as the bar in my story. If the gas station cashier takes from the register to get a bier, you're right. If not, my thesis still holds I think.
- miskin 6y agoWhat if I pay with 100 Euro bank note and get back "tainted" 50 Euro note and then pay in bar? Bank notes are not just collected and sent back to bank.
- alcover 6y agoYou're right but the higher the denomination, the smaller the chance it'll serve as change.
- o-__-o 6y agoDoesn’t matter, plausible deniability means a reasonable person might spend it. Without knowing who’s next, you may have circumstantial evidence but that’s not enough to hold up in court. You don’t punish someone based on chance.