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There is a fight against cash; here, the govt forces private actors (banks, car dealerships, jewelry stores, casinos, etc) to report to the govt, any cash ente
by raincom 3y ago
There is a fight against cash; here, the govt forces private actors (banks, car dealerships, jewelry stores, casinos, etc) to report to the govt, any cash entering/exiting the system > $10K. Govt hates any untraceable monetary instruments, as people can use cash to do 'bad' things: tax evasion, paying under the table, evading child support payments, supporting bad people, etc. If some thing is used for both good and bad deeds, govt wants to make it hard for the good deeds.