3 ms·
Might as well ban cash transactions and any services that facilitate cash transactions.
by zoklet-enjoyer 3y ago
Might as well ban cash transactions and any services that facilitate cash transactions.
- JohnFen 3y agoThere have been laws requiring reporting cash transactions above a certain amount for a very, very long time. Engaging in such transactions without doing the proper reporting is already banned.
- arp242 3y agoYes, many jurisdictions have limits and rules for large cash transactions, and have for many years. Suddenly showing up with $1 million in cash that can't be traced to anything is more than a little suspicious, wouldn't you say? To what degree these laws should exist is something you can have an opinion on, but fact is that crypto is not being singled out here as is being implied.
- HDThoreaun 3y agoThe vast majority of cash is used for its intended legal purpose. The vast majority of tornado transactions were likely used to launder money.