[spurdoman77]

I can't wait until Bitcoin makes this kind of things easier. Carrying cash in plastic bags sounds such a boomer thing to do.

[ajkdhcb2]

Bitcoin is not private and the chain is becoming monitored more and more closely. Every exchange leaves a permanent record. Probably monero will start to fill the gap if cash starts becoming too difficult

[gruez]

Even though taking out a few million dollars in cash is suspicious, withdrawing a few million dollars to a cryptocurrency exchange is even more suspicious.

[Mauricebranagh]

Its very German a few years ago there where a number of people caught with bundles of 500 euro notes going tax havens.

[arbitrage]

how are you supposed to convert bitcoin to large amounts of cash? I have not found a way to do that.

[gruez]

A cryptocurrency exchange? I know of several that have withdraw limits in the hundreds of thousands per day if you're KYC verified (ie. passport scan + utility bill).

[ajkdhcb2]

That's fine if you have a legitimate source of profit to demonstrate, not necessarily easy to explain source of funds otherwise