Teandw

8 ms·

31.
by Teandw 4y ago
I'm not sure in a modern society why I would pull out $10k from my bank account to then pay a person $10k cash for a second hand car, so the answer is no.
32.
by Teandw 4y ago
"Cash is king. If you are buying a non running classic car and have a tow vehicle and trailer ready you can drive a hard bargain in the moment." If I send a 10k payment to someone via bank transfer it's in their bank account
33.
by Teandw 4y ago
It's not your money. It's partly mine and everyone else's in the country. Just like my money is partially yours. It's my business that you're paying your way in society in a correct manner so that I and others can b
34.
by Teandw 4y ago
"Bizarre how the EU is penalizing everyone in order to 'make it harder for criminals to launder dirty money'." This likely affects a number of people that is so small, that it's irrelevant. Not sure it makes sense t
35.
by Teandw 4y ago
The hassle is quite important as 1) It limits the business models it can be done through and 2) It means the business models you can still launder it through are much more noticeable. It's easy to launder $2 million selling gold bars.
36.
by Teandw 4y ago
Being flagged for money laundering and it actually being money laundering are two different things. Obviously it would then lead to them asking why he was choosing to pay the builder in such a manner, rather than just doing a bank transfer.
37.
by Teandw 4y ago
True but would you want it to be illegal if the vast majority people that did walk 200 miles on foot instead of driving, did it because they were doing it to get away with committing a crime?
38.
by Teandw 4y ago
There is no such thing as "already clean" money from a banks perspective. Money in a bank is constantly and always monitored as if it's potentially dirty.
39.
by Teandw 4y ago
I would make the bold assumption that people paying over €10,000 for a used car in cash is a very rare situation.
40.
by Teandw 4y ago
I very much doubt there are money people that walk into an apple store with 10k in their back pocket to pay for some computers. Same with farmers. How many farmers living in this modern age are walking around with 10k in their back pockets?
41.
by Teandw 4y ago
What happens when you limit the amount that can be made in a singular cash transaction, is that you then severely limit what businesses that you can use to launder it through. If you can pay $100k in cash for a gold bar, it only takes 20 tr
42.
by Teandw 4y ago
What I mean is that for that sort of money, it would be somewhat strange to "want" to pay in cash. You wouldn't walk 200 miles on foot to go meet a friend when you had a car on the driveaway?
43.
by Teandw 4y ago
In what circumstances have you or someone you known ever needed to pay for something over €10k in cash?
44.
by Teandw 4y ago
Let's be honest for a second. There are very few instances where a person would ever 'need' to pay for something over €10k in physical cash?
45.
by Teandw 4y ago
It's already done without you being involved. Governments know who's transacted with you already as the banks tell them.
46.
by Teandw 4y ago
If you're moving that much money around at some point that money has to flow into a legally operated financial provider/service for you to use it for any good means. You could launder $100k through the means you mentioned with Bit
47.
by Teandw 4y ago
Your friend is lying to you. If you do this enough times, the bank automatically flags the account for money laundering. It's very basic and standard money laundering procedures. "I don't believe it'd be realistically po
48.
by Teandw 4y ago
It's quite simple really. Because the vast majority of people that want to do those things, are wanting to get away with doing bad things and/or not paying their way correctly in society. You may be a rare outlier but there has to
49.
by Teandw 4y ago
This change would affect Monero too. If you buy Monero through any sort of company that is following the law, they will have to enforce this on their customers.
50.
by Teandw 4y ago
You've been watching too many movies and TV programmes. Things like using car washes to launder money are pretty much a dead thing because it's one of the worst ways to do it.
51.
by Teandw 4y ago
You open a bank account and start "selling an item/service valued at 1K to a thousand anonymous customers who paid with cash" and you'll come up against KYC and have your account flagged regardless. That's what woul
52.
by Teandw 4y ago
"...and looks like he's on the cusp of running a company that's been around for over a decade into the ground in the next few weeks." What do you base that on? There's no evidence to point the company is going downh
53.
by Teandw 4y ago
He did specify. He asked for most salient. Salient means "most noticeable or important." He hasn't played any mind games. He's asked for exactly what he wants.
54.
by Teandw 4y ago
There is literally no reason to think he means that. That seems more like a deep personal hatred of someone and just trying to find the worst in everything they say or do.
55.
by Teandw 4y ago
Where did he say that he will evaluate if the code is good or bad? He didn't. It's more likely just a way to see what employees think is their most important work.
56.
by Teandw 4y ago
He literally says if you can't, you're excused from needing to. It's important to not lie.
57.
by Teandw 4y ago
Might have all resigned because they knew the days of them riding the gravy train were over. It's hard to put any meaning to that without knowing more detail.
58.
by Teandw 4y ago
Then the email wasn't targeted to you. So all of what you said instantly becomes irrelevant.
59.
by Teandw 4y ago
I think you're misunderstanding the situation. It's not that ALL software engineers don't do anything. It's that Twitter has so much staff, you start to question what can they all actually be doing. If someone had 10 peo
60.
by Teandw 4y ago
Of course you can? It's basically asking to see what you consider your best work. If you're earning 100k a year and the most important code you show is how you turned a link colour from light blue to blue -- then your $100,000 a y

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