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You’re expanding way beyond what’s necessary to track significant amount of cash transactions; also, not claiming 100% of transactions are able to be tracked, j
by O__________O 4y ago
You’re expanding way beyond what’s necessary to track significant amount of cash transactions; also, not claiming 100% of transactions are able to be tracked, just that significant percentage of cash transactions are not anonymous and average person assumes they are.
My assumptions include:
- Knowing how cash is flowing is extremely valuable to governments for a number of reasons; economic, investigations, counterfeits, etc.
- Cash management businesses scan 100% of their cash received or distributed, voluntarily provide that data and meta data to governments, and majority of cash transactions are non recirculated, but withdrawn, used, deposited.
- Governments have a wide-spectrum of resources to trace cash on a bill by bill basis; likely key methods include face scans, serial numbers, and location data via apps/cell.
- Assumption that if you combined all the prior assumptions and fact that many governments have millions to research topic, often leverage their authority, etc — and it is not a stretch to believe governments are able to identify significant percentage cash transactions if prior assumptions are true.