Methinks it has little to do with money laundering, and much to do with the eventual introduction of CBDC. Steel and lead are still liquid commodities, so get 'em while they're hot (and keep them hidden).
It's about taxes. They don't give a shit if you sell drugs and need to launder money. I'm half inclined to say that if a cocaine dealer sent the IRS a check for million bucks the feds would probably look the other way.
Kanga_pede tells me they have had that in AUS for some time. Bankwest closed or is closing all their branches and going to teller machines only. Previously if you wanted over the counter cash withdrawal it was limited to 3K and a litany of questions as to why. Always said AUS is a test bed.
AUS announced banks atms closing entirely for the last 3 years, and Canada is becoming strict about reasons for withdrawal. There are no test beds any more.. this is slow burn now
This is a good warning. I'm gonna do a quick prediction / writeup pertaining this and more.
Methinks it has little to do with money laundering, and much to do with the eventual introduction of CBDC. Steel and lead are still liquid commodities, so get 'em while they're hot (and keep them hidden).
It's about taxes. They don't give a shit if you sell drugs and need to launder money. I'm half inclined to say that if a cocaine dealer sent the IRS a check for million bucks the feds would probably look the other way.
Niger, the playground as you know, it's $300. "To stop corruption"
that will be the CBDC heartland
Kanga_pede tells me they have had that in AUS for some time. Bankwest closed or is closing all their branches and going to teller machines only. Previously if you wanted over the counter cash withdrawal it was limited to 3K and a litany of questions as to why. Always said AUS is a test bed.
AUS announced banks atms closing entirely for the last 3 years, and Canada is becoming strict about reasons for withdrawal. There are no test beds any more.. this is slow burn now