It’s been happening since the Patriot Act. Any checks written (back in the day when they still were) over $25 were reported to the IRS to ‘ensure terrorist orgs weren’t being funded’.
Aside from trying to operate on cash, any way around it if it passes? This is one of the worst things ever for self employed people and small businesses. Since the left already uses the IRS to target people as well, I can easily see them going after anybody that’s not a registered D more often for shit like this.
My mom and I were talking about it. She's been operating on cash for a while but I know I can't where I live. She said she will just make multiple payments on things and big purchases will need to be made privately.
My problem is that my rent is required to be paid online. I guess I'll see if I can knock it into multiple transactions, though I doubt it. I have no debt but do use a credit card that I pay off every month. I will just have to pay it over multiple days on smaller payments.
My big purchases are typically computer hardware and microphones and if I put those on the card and make smaller payments that might avoid the triggers. I know they spy on everything and it's frustrating.
My problem is that I think they’re just going to monitor everybody even if you don’t make $600 transactions on Venmo and such. I guess in theory I might be able to use Venmo and PayPal and such as a bank, and pay off credit cards directly with them. Think that could get around the flags too? I’ve had lots of money in those places anyway.
I’m not sure what people are afraid. You don’t need to use banks and to pay bills online you can get money cards and literally put whatever name you want on the card and it comes with a routing number. Also if the IRS ask me for anything ever I don’t acknowledge them. If I ever do taxes I write everything off and if they ever want to come by and see me I’ll gladly make that the last place they ever went. Stop complying to your enemies rules.
Crypto doesn't save you. The government at least needs to pass a law to monitor your bank transactions; they don't need to do shit to monitor the blockchain. With most, if not all, cryptos, all of your transactions are public record.
The only thing crypto has going for it is anonymity. But if you, you know, use your wallet for anything, it will be linked to you. If you get paid in crypto, it will be linked to you. If you spend crypto, it will be linked to you. If you get paid in one wallet, but send it to another wallet to spend, those two wallets will be linked and they might as well be the same wallet.
Sure, the government won't be able to seize your crypto, but they can do a whole lot worse. And as crypto becomes more and more mainstream, it becomes more and more centralized, so they'll even have control over that. They may not be able to take your crypto, but every business will use one of a few "processor" services, that they can prevent from allowing your wallet.
Exactly. Ironically, in many, many ways crypto currency is far less private. Put aside government surveillance for a moment. Let's say I send some money to a coworker or friend to buy a game from him. He goes home that night and gets bored, so he decides to look through my wallet's transaction history for the hell of it. He now can see that I sent some money to PornHub's wallet, the value of my weekly paychecks, and the money I'm sending to his sister's wallet for some reason.
Even if I transfer money to a separate wallet before paying him, all he has to do is look at that wallet's transactions to find my real wallet, then we're back at square one.
Then not only will they see every bank account but every transaction, decide who can trade with who, expire your FedCoins, set individual interest rates, pay UBI on "30 days spend it with approved partners or lose it" and things no one has imagined yet.
Is there a way to invest in crypto without using a bank?
The only reason I opened a bank account was to invest in crypto, and every time I buy crypto I can only do that by first depositing money into the bank account.
I guess by doing it in increments of $500 or less they'd never know?
It’s been happening since the Patriot Act. Any checks written (back in the day when they still were) over $25 were reported to the IRS to ‘ensure terrorist orgs weren’t being funded’.
Our enslavement began around the time we lost the Civil War to the Rothschilds.
Then they made up a story that it was all about white people wanting slaves when it was them who imported all the slaves (and were most of the slave owners) to begin with.
And if you spend money in unapproved ways, account closed fbi will take your leggos
Start bartering again. Get off the god damn Babylonian Money Magic system already.
For me it’s silver Mercury Dimes.
Aside from trying to operate on cash, any way around it if it passes? This is one of the worst things ever for self employed people and small businesses. Since the left already uses the IRS to target people as well, I can easily see them going after anybody that’s not a registered D more often for shit like this.
My mom and I were talking about it. She's been operating on cash for a while but I know I can't where I live. She said she will just make multiple payments on things and big purchases will need to be made privately.
My problem is that my rent is required to be paid online. I guess I'll see if I can knock it into multiple transactions, though I doubt it. I have no debt but do use a credit card that I pay off every month. I will just have to pay it over multiple days on smaller payments.
My big purchases are typically computer hardware and microphones and if I put those on the card and make smaller payments that might avoid the triggers. I know they spy on everything and it's frustrating.
My problem is that I think they’re just going to monitor everybody even if you don’t make $600 transactions on Venmo and such. I guess in theory I might be able to use Venmo and PayPal and such as a bank, and pay off credit cards directly with them. Think that could get around the flags too? I’ve had lots of money in those places anyway.
Isn't PayPal considered a bank?
Reading up on it, apparently not, but I’m not sure how the IRS will handle that.
good thing i took ALL my money out of the bank and put it in my house , in my big fire/waterproof safe ;)
i only keep a checking account open for every day things like shopping, my direct deposit from my job, gas and other shit lol
Vaccine mandate is the worst over reach possible.
My body is a temple. Gtfo.
No, the vax mandates are worse. This is just lowering the bar from the 10,000 dollar reporting threshold already in place.
Sure hope restaurant workers and those that make a living off cash tips are paying attention...
Pedo joe biden and his corrupt fascist administration is destroying the US.
I’m not sure what people are afraid. You don’t need to use banks and to pay bills online you can get money cards and literally put whatever name you want on the card and it comes with a routing number. Also if the IRS ask me for anything ever I don’t acknowledge them. If I ever do taxes I write everything off and if they ever want to come by and see me I’ll gladly make that the last place they ever went. Stop complying to your enemies rules.
source
Crypto doesn't save you. The government at least needs to pass a law to monitor your bank transactions; they don't need to do shit to monitor the blockchain. With most, if not all, cryptos, all of your transactions are public record.
The only thing crypto has going for it is anonymity. But if you, you know, use your wallet for anything, it will be linked to you. If you get paid in crypto, it will be linked to you. If you spend crypto, it will be linked to you. If you get paid in one wallet, but send it to another wallet to spend, those two wallets will be linked and they might as well be the same wallet.
Sure, the government won't be able to seize your crypto, but they can do a whole lot worse. And as crypto becomes more and more mainstream, it becomes more and more centralized, so they'll even have control over that. They may not be able to take your crypto, but every business will use one of a few "processor" services, that they can prevent from allowing your wallet.
Exactly. Ironically, in many, many ways crypto currency is far less private. Put aside government surveillance for a moment. Let's say I send some money to a coworker or friend to buy a game from him. He goes home that night and gets bored, so he decides to look through my wallet's transaction history for the hell of it. He now can see that I sent some money to PornHub's wallet, the value of my weekly paychecks, and the money I'm sending to his sister's wallet for some reason.
Even if I transfer money to a separate wallet before paying him, all he has to do is look at that wallet's transactions to find my real wallet, then we're back at square one.
Central Bank Digital Currency aka The Fed Coin.
Then not only will they see every bank account but every transaction, decide who can trade with who, expire your FedCoins, set individual interest rates, pay UBI on "30 days spend it with approved partners or lose it" and things no one has imagined yet.
Is there a way to invest in crypto without using a bank?
The only reason I opened a bank account was to invest in crypto, and every time I buy crypto I can only do that by first depositing money into the bank account.
I guess by doing it in increments of $500 or less they'd never know?
What bill is this in?