[woah]

Why do we still allow people to use cash? How much humanitarian good could we do by banning it once and for all? Gold is also a potent laundering tool, it can be re melted at a low temperature. It’s shocking that it’s still allowed.

[username444]

I still use cash for entirely legitimate daily transactions, and for the same reason criminals use cash. Same goes with Bitcoin and cryptography.

I don't need banks monitoring and selling my purchase history to their "affiliates", like insurance companies, so that they can build shadow profiles.

Maybe I'm buying vegan groceries, getting wheat grass enemas and giving my money to the poor. Or maybe I'm spending it on McDonald's, hookers and blow. Either way, it's nobody's business but my own.

[brmgb]

If you believe that expecting people to have a modicum of decency and some moral sense is akin to wanting cash banned, I feel bad for you.

The comment I was replying to was implying that in the absence of laws banks would have no incentive other than super humanitarianism for preventing obvious money laundering. That's beyond potential misuse. That's profiting of a crime out of pure greed. I know cynicism is currently fashionable but I would still expect most people to find that questionable.