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>This is financial fanfic lol, what you've described literally never happens in reality. Likely unbanked people working without any work authorization working
by quantumBerry 5y ago
>This is financial fanfic lol, what you've described literally never happens in reality.
Likely unbanked people working without any work authorization working for cash can be seen at the hardware store daily where I live. I invite you to come to any major city near a border and see it with your own two eyes. Or maybe they just looked and acted really mexican but didn't want to get a very easily gotten regular job and preferred shit wages by the side of the road? I don't need to "cite" something I have seen with my own two eyes. And do you seriously think illegal movement of hard cash across borders is fanfic? I understand if maybe you live in rich or ethnically homogeneous enclave or are otherwise not exposed to the poors and the illegal immigrants that I see every day; from that perspective maybe it does seem like a distant fiction. Do you really think people working for cash to remit abroad is not a thing? If you do, I admit defeat without so much as a citation.
>I'm gonna need to see some stats on all of this. Everything you've said is theoretical, hypothetical, and I'm going to need an understanding of exactly how often these scenarios play out. If it's just that, then it doesn't matter.
Here ya go![1] Most Salvadorans are unbanked. If your theory that the unbanked are just the people without money (which I dispute below), then it stands that the unbanked are probably most in need of remittance, and get the largest marginal utility from unbanked low transfer cost methods such as crypto (particularly such as LTC and BCH with have only pennies transaction fee).
>Unbanked people are un-banked because they don't have money
Or because they lack documents (even if they are legal citizens). Or because they are an American in a foreign country and no bank there wants to comply with FATCA reporting requirements. Or because they have money, but not _enough_. Or because they have some enemy in government, or lack a permanent address or proof of address. Recently I was rejected for a bank account because I was moving and had no address, despite having good income and assets and a valid passport recognized by the bank and our government as the authoritative identity document. Your view of the unbanked is naive and simplistic.
>Do you know wealthy people without bank accounts?
Not off hand, but there are plenty of Americans with large amounts of unbanked money. Such as this man who had 87k seized by the road side despite doing nothing wrong [3] (he did have a bank account but preferred not to store cash there). You won't have to dig long to find examples of truckers and other folk who keep large stores of cash outside the banking system, that we only know about because their money was seized by some overzealous thief in Blue by the side of the road.
>It actually doesn't, because if it did, you'd be right, and that law would be unconstitutional.
Actually it says the right of the people, not the right of the militia. I live in a state where I can conceal carry without a license. I do it everyday, and guess what -- no one has ever noticed because it makes zero difference to anyone else unless someone tries to fatally hurt me or my family. If I did it in Hawaii the only difference would be if I ever successfully defended myself or my family I would go to jail for exercising my constitutional rights.
>, I think the law should be respected until changed
And if you were in the US at the time of the American Revolution, you'd be left screaming about how it's against the law to fight the British and how we should all just solicit the King for a change. The law definitely doesn't "work" for the many victims of the drug war, the people in jail for having both a joint and a gun, or the many immigrants not quite as lucky as you that have been deported from the country after performing even military service [2].
I think crime is good when there is no victim and it expands liberty. I think crime is good when the law is unjust. I don't think all criminals are bad, and no I don't agree to your terms. There have been a number of successful, well respected, and honorable men who thought the same.
[1] https://www.statista.com/statistics/1011424/el- https://www.statista.com/statistics/1011424/el-
salvador-bank-account-ownership-rate-type/
[2] https://theconversation.com/deported-veterans-stranded-far-from-home-after-years-of-military-service-press-biden-to-bring-them-back-154320 https://theconversation.com/deported-veterans-stranded-far-f...
[3] https://www.reviewjournal.com/crime/courts/nevada-troopers-took-nearly-87k-from-a-retired-marine-during-a-traffic-stop-2431969/ https://www.reviewjournal.com/crime/courts/nevada-troopers-t...