3 ms·

So you felt good about someone in the streets potentially killing you for the money but the government would need too? Maybe I am just not worried enough about

So you felt good about someone in the streets potentially killing you for the money but the government would need too? Maybe I am just not worried enough about my government.

notch656a 5y ago
I felt great no one could cowardly seize my account via some court order, but instead they'd have to kill me in the streets. If thieves are willing to kill you in the streets anyway, it doesn't much matter whether you have the money on you or not -- they'll just ransom you or kill you because you're broke. --------- >Well, actually, they could get a court order to seize whatever is in your pockets while some burly men hold you down. If people are going to come kill me in the street then come let it happen. Better than cowardly seizing it behind my back via locking a number in a database. And in the third world, it's typically a lot easier to find accounts than it is people. I can't say I know what would happen, I've only been attempted robbed at gunpoint once. I wish I could say I kicked their ass, but all I managed to do was hurt them enough that we stalemated and they went off to find some other victim.
- RandomLensman 5y ago
  Well, actually, they could get a court order to seize whatever is in your pockets while some burly men hold you down.
  - joe5150 5y ago
    no court order needed! there are plenty of places where police can and will just take your money (always with impunity and sometimes even with some degree of legitimate warrant.) I'd call "carrying thousands in cash around the world" a poor strategy for keeping the government's hands off your money.
    - danaris 5y ago
      ....Including the US. See: Civil Asset Forfeiture.
      - notch656a 5y ago
        And nothing makes civil asset forfeiture easier than keeping your money in a domestic bank that the government knows exactly how much, where, and how to seize at any moment. Asset forfeiture is literally the worst argument for the banking system and debit cards over cash.
        jjeaff 5y ago
        I don't think they can use civil asset forfeiture for a bank account. It can be locked up for a long time, but even that requires some sort of court order. Now, $10k in a suitcase, that now belongs to the police precinct unless you can sue and prove your cash is innocent.
        notch656a 5y ago
        > I don't think they can use civil asset forfeiture for a bank account. False [0]. [0] https://ij.org/wp-content/uploads/2015/03/seize-first-question-later.pdf https://ij.org/wp-content/uploads/2015/03/seize-first-questi... 'Federal civil forfeiture laws give the Internal Revenue Service the power to clean out bank accounts without charging their owners with any crime. [ goes on to give many examples of bank accounts subjected to civil asset forfeiture ]'
        danaris 5y ago
        There's a massive difference between drawing the attention of the IRS because you're making just-under-$10k transactions on a regular basis (which, first of all, requires you to even have $10k in a non-retirement account, which already puts you above most people), and happening to drive through a jurisdiction where the police like stealing from people, and having them confiscate your car and the contents of your wallet.

So you felt good about someone in the streets potentially killing you for the money but the government would need too? Maybe I am just not worried enough about my government.

notch656a 5y ago

I felt great no one could cowardly seize my account via some court order, but instead they'd have to kill me in the streets. If thieves are willing to kill you in the streets anyway, it doesn't much matter whether you have the money on you or not -- they'll just ransom you or kill you because you're broke. --------- >Well, actually, they could get a court order to seize whatever is in your pockets while some burly men hold you down. If people are going to come kill me in the street then come let it happen. Better than cowardly seizing it behind my back via locking a number in a database. And in the third world, it's typically a lot easier to find accounts than it is people. I can't say I know what would happen, I've only been attempted robbed at gunpoint once. I wish I could say I kicked their ass, but all I managed to do was hurt them enough that we stalemated and they went off to find some other victim.

RandomLensman 5y ago
Well, actually, they could get a court order to seize whatever is in your pockets while some burly men hold you down.
- joe5150 5y ago
  no court order needed! there are plenty of places where police can and will just take your money (always with impunity and sometimes even with some degree of legitimate warrant.) I'd call "carrying thousands in cash around the world" a poor strategy for keeping the government's hands off your money.
  - danaris 5y ago
    ....Including the US. See: Civil Asset Forfeiture.
    - notch656a 5y ago
      And nothing makes civil asset forfeiture easier than keeping your money in a domestic bank that the government knows exactly how much, where, and how to seize at any moment. Asset forfeiture is literally the worst argument for the banking system and debit cards over cash.
      - jjeaff 5y ago
        I don't think they can use civil asset forfeiture for a bank account. It can be locked up for a long time, but even that requires some sort of court order. Now, $10k in a suitcase, that now belongs to the police precinct unless you can sue and prove your cash is innocent.
        notch656a 5y ago
        > I don't think they can use civil asset forfeiture for a bank account. False [0]. [0] https://ij.org/wp-content/uploads/2015/03/seize-first-question-later.pdf https://ij.org/wp-content/uploads/2015/03/seize-first-questi... 'Federal civil forfeiture laws give the Internal Revenue Service the power to clean out bank accounts without charging their owners with any crime. [ goes on to give many examples of bank accounts subjected to civil asset forfeiture ]'
        danaris 5y ago
        There's a massive difference between drawing the attention of the IRS because you're making just-under-$10k transactions on a regular basis (which, first of all, requires you to even have $10k in a non-retirement account, which already puts you above most people), and happening to drive through a jurisdiction where the police like stealing from people, and having them confiscate your car and the contents of your wallet.