this post was submitted on 21 Aug 2023
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[–] Mubelotix@jlai.lu 12 points 1 year ago* (last edited 1 year ago) (2 children)

Bank notes have unique identifiers allowing the government to track the path of your money. Privacy is dead

[–] RealJoL@feddit.de 25 points 1 year ago (1 children)

That also assumes every bill you use will be immediately returned to a bank. You'd have no way of knowing where money comes from and belongs to after one hop. Just make a purchase at the supermarket to exchange a 50 for 45 and you've got anonymous cash.

[–] Mubelotix@jlai.lu -5 points 1 year ago (2 children)

This assumes the supermarket doesn't track everything

[–] db2@sopuli.xyz 16 points 1 year ago (1 children)

They don't. It wouldn't benefit the corporation in any way. They'll only do what makes money and that would cost money with no return.

[–] Kecessa@sh.itjust.works 10 points 1 year ago (1 children)

Eh... You think cashiers write down all bill numbers or something?

[–] Mubelotix@jlai.lu -4 points 1 year ago (2 children)

In my country, it happens that machines are handling paper money. Cashiers are just unauthorized to do it. I bet downvoters come from reddit

[–] Kecessa@sh.itjust.works 8 points 1 year ago (1 children)

No, downvoters are just not paranoiacs.

[–] DragonTypeWyvern@literature.cafe 3 points 1 year ago (1 children)

Also, everyone comes from Reddit.

This is a Reddit clone.

That said, they do broadly track movements of physical currency. It's one of, or was one of, their primary tools against counterfeiting, tracking large cash robberies, money laundering, etc.

They might not know "This bill was held by Person X and they spent it at Y which spent it at Z" but they do know "Person X had this bill, and it showed up again in region A. If more with associated numbers also show up in the area Person X is most likely there."

[–] Kecessa@sh.itjust.works 1 points 1 year ago (1 children)

Actual credible source please

[–] DragonTypeWyvern@literature.cafe 2 points 1 year ago* (last edited 1 year ago) (1 children)

Besides over a century's worth of public records of investigations into financial crimes and bank robberies?

https://carnation-inc.com/blogs/money-handling-blog/how-does-the-government-track-marked-bills

https://hiphopwired.com/playlist/pooh-shiesty-federal-indictment-robbery/

https://www.fox6now.com/news/brown-deer-bank-robbery-milwaukee-woman-charges

This must be some zoomer blind spot because this is just common knowledge to anyone that grew up in a cash economy and had a proper taste in fine art (aka heist movies and pulp fiction)

[–] Kecessa@sh.itjust.works 0 points 1 year ago (1 children)

GPS tracker, bunch of tweets, website that nobody knows...

I asked for a credible source and have yet to see one 🙂

[–] DragonTypeWyvern@literature.cafe -1 points 1 year ago (1 children)

Oh, you're not naive, you're just dumb and lazy.

Well, good luck with that.

[–] Kecessa@sh.itjust.works -1 points 1 year ago

At least I'm not paranoid delusional 🤷

[–] HubertManne@kbin.social 2 points 1 year ago

Yeah so cashiers still handle the cash in US with drawers and having to even out and everything. this is likely why you are getting so many u r crazy replies. I imagine the us will get like that eventually. Myself I almost exclusively use cc so im like an open book.

[–] Pinklink@lemm.ee 21 points 1 year ago (1 children)

That’s why I roam the streets trading bills with strangers

[–] Mubelotix@jlai.lu 16 points 1 year ago