3 ms·
> ...banks became mass surveillance devices for the different states disguised by fighting anti money-laundering. Yes they are, money surveillance. And? That i
by melenaboija 3y ago
> ...banks became mass surveillance devices for the different states disguised by fighting anti money-laundering.
Yes they are, money surveillance. And? That is one of the goals of banks in most countries.
Banks are businesses that need to make profit following the rules of each country, if you don't like it take the cash and put it under your mattress and take care of it. Then start wondering why are you worried about having cash at home and who is the responsible on the security of your house, city and country, how this security is funded and how it can be solved.
- seydor 3y agoActually you can't easily take all of your cash out. Yes i would if it was easy, also in the form of gold and even bitcoin. This would place me on a number of laundering lists. Where i live it is illegal to transact more than 500 euro in cash
- deleted 3y ago[deleted]
- HenryBemis 3y ago> That is one of the goals of banks in most countries That BECAME one of the goals. 40 years ago when majority of transactions were in cash, the bank's couldn't do this. Once we got credit/debit cards, the game changed and (we) by using cards instead of cash we freely hand them over the data. It doesn't help that countries have a €500 max cash limit for purchases etc. But for the everyday man/woman, and for their everyday lives, there are very few payments to that amount (laptop, phone, car, furniture). Most other payments can be done with cash, and then the bank has very little info on you.