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Cash has been considered de-facto evidence of illegal activity in the US for years. Banks are required to report cash transactions over $10,000. Not only are th
by sidewndr46 4y ago
Cash has been considered de-facto evidence of illegal activity in the US for years. Banks are required to report cash transactions over $10,000. Not only are the police allowed to confiscate cash as de-facto evidence of criminal activity, they get to keep some of it too.
https://en.wikipedia.org/wiki/Comprehensive_Crime_Control_Act_of_1984 https://en.wikipedia.org/wiki/Comprehensive_Crime_Control_Ac...
- college_physics 4y agoIn a cashless society the bracket $0-$10000 becomes de-facto illegal as well. Nobody can accept non-digital payment, no matter how small, even if they want to. Even in a perfect society that is not run by private rackets, captured governments, prone to drifting into authoritarianism etc, making the entire economic system contingent on particular electric/digital infrastructures seems absurdly cavalier and asking for deep trouble in the future.
- sidewndr46 4y agoI don't think you get the point. An officer can find a wad of 47 $1 bills in your wallet. They can claim that no one would carry around such a high number of one dollar bills unless they were making low level drug deals selling product on the street to end users of drugs. After all, wouldn't you just put a couple $20's in your wallet? So it is not "become" but is in fact already illegal.
- college_physics 4y agoYeah, ok, cant really verify those claims, but its a different issue really. If the police system is abusive then cash is just one of the countless other excuses it can find, as in: "Hey that Rolex of yours, it doesn't really fit your stand in society"