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>Meanwhile physical cash is preferred for criminal acts. Would you similarly blame the issuer of cash for these crimes? Authorities (at least in the US) try to
by giaour 5y ago
>Meanwhile physical cash is preferred for criminal acts. Would you similarly blame the issuer of cash for these crimes?
Authorities (at least in the US) try to strike a balance between crime prevention and seamless use of cash. Depositing or withdrawing large sums in cash will attract regulatory attention. Currency entering the banking system is checked against a list of serial numbers known to have been used in or obtained through criminal activity. Crossing borders with large sums of cash requires a customs declaration. When cash denominations or cash-like instruments are shown to primarily enable criminal activity, their issue is discontinued (hence why we no longer have $1K bills or bearer bonds).
> What about footwear? Most criminals wear shoes or boots. Running shoes can be used to evade capture. Should we hold Nike accountable?
I mean, if there were some kind of shoe that primarily or uniquely enabled criminal activity, I'm pretty sure it would get banned? Or Nike would get pressured into no longer making them.