[jshort]

I would hope that it applies to everyone or the law would be miss a portion of the illegal activity they are attempting to capture. Criminals will probably still operate in cash and those that are law-abiding now have to go through the hassle of documentation.

[JoeAltmaier]

So, the criminal is going to be caught because they documented their illegal activities?

I think this is a case of a law that catches only the innocent.

[hugh3]

Well, if it prevents thieves from selling their stolen goods to legitimate dealers and forces them to go to specialist "fences", then the law could certainly help achieve its objective of making life more difficult for thieves.

The question is whether the law does too much to hassle the innocent to make it worthwhile.

[JoeAltmaier]

Recording cash transactions seems like maybe not too much. Making them impossible/illegal certainly seems to be too much.