News for hackers. Stuff that matters.
Re:90 percent of U.S. bills carry traces of cocaine (2009) by rl3 on Saturday March 12, 2016 @10:04PM (#11275980)
It's nice to see they recorded the denomination of each bill. Too bad the article didn't go into further detail in its summarization.

The abstract[0] says $1 and $100 denominations were less likely to test positive. The latter is curious. Perhaps it's because lower denominations are more likely to be used by street dealers, or that $20 bills make up the majority of triple-digit ATM transactions.

It's worth noting that currency has a lot more than just trace amounts of cocaine on it.[1] Trace amounts of any common narcotic can create problems if probable cause with fur happens to get a whiff of your cash.

>There is cocaine dust around the machines. These bank tellers breathe in cocaine.

Here I thought handling large amounts of cash was just intrinsically exhilarating.

[0] http://www.ncbi.nlm.nih.gov/pubmed/18646272

[1] https://en.m.wikipedia.org/wiki/Contaminated_currency#In_the...

Re:90 percent of U.S. bills carry traces of cocaine (2009) by simonebrunozzi on Sunday March 13, 2016 @03:11AM (#11276588)
Hmm... on [1], how can it be that they tested 10 banknotes, and "92%" tested positive?
Re:90 percent of U.S. bills carry traces of cocaine (2009) by bluenose69 on Sunday March 13, 2016 @08:42AM (#11277484)
Quoting from [1]: "ten randomly collected one-dollar bills from five cities"
Re:90 percent of U.S. bills carry traces of cocaine (2009) by mtanski on Sunday March 13, 2016 @12:05PM (#11278123)
> The abstract[0] says $1 and $100 denominations were less likely to test positive.

Most of the ATMs in NYC give me $20 notes. Sometimes for a larger withdrawal (300 or more) they mix $20 and $50 notes.

Re:90 percent of U.S. bills carry traces of cocaine (2009) by refurb on Sunday March 13, 2016 @01:22AM (#11276484)
I hate to sound like a broken record, but "traces" can mean amazingly small amounts these days due to testing sensitivity. Remember this when you read "traces of [insert toxic metal] were found in drinking water!!".

I don't know what the testing limits for cocaine are, but parts per billion wouldn't surprise me. For some metals, it can be parts per trillion. Ppt would he equivalent to one microgram in a cubic meter (one metric ton) of water.

Re:90 percent of U.S. bills carry traces of cocaine (2009) by glaberficken on Saturday March 12, 2016 @10:06PM (#11275987)
I wonder what they would find if they tested for fecal matter instead, for example...
Re:90 percent of U.S. bills carry traces of cocaine (2009) by matheweis on Saturday March 12, 2016 @06:04PM (#11275164)
Maybe this is the reason for the false positives from drug dogs ;)
Re:90 percent of U.S. bills carry traces of cocaine (2009) by iRobbery on Saturday March 12, 2016 @06:07PM (#11275177)
Perhaps this is how they find large amounts of hidden cash, with the same drug dog?
Re:90 percent of U.S. bills carry traces of cocaine (2009) by ZoeZoeBee on Saturday March 12, 2016 @06:17PM (#11275226)
Dogs can be trained to the scent of many items, some are trained to specifically smell for cash. The TSA black labs are designed to sniff out explosives and not drugs. Some dogs are even being trained to sniff out electronics.

http://www.dailymail.co.uk/news/article-197623/Dogs-help-sni...

Re:90 percent of U.S. bills carry traces of cocaine (2009) by drcongo on Saturday March 12, 2016 @08:46PM (#11275734)
It may be true, but the Daily Mail is definitely not a reputable news source.
Re:90 percent of U.S. bills carry traces of cocaine (2009) by desdiv on Sunday March 13, 2016 @01:27AM (#11276500)
>Dogs can be trained to the scent of many items

I heard there's been some breakthrough in reading digital data through scents:

https://en.wikipedia.org/wiki/Lucky_and_Flo

Re:90 percent of U.S. bills carry traces of cocaine (2009) by trhway on Saturday March 12, 2016 @08:15PM (#11275638)
Is it drug paraphernalia in your wallet?... 90% seems like a very satisfactory probability for probable cause
Re:90 percent of U.S. bills carry traces of cocaine (2009) by kristopolous on Saturday March 12, 2016 @10:48PM (#11276101)
But how can I extract and collect it for personal use?
Re:90 percent of U.S. bills carry traces of cocaine (2009) by oxide on Saturday March 12, 2016 @11:17PM (#11276184)
wash a stack of bills and drink the water?
Re:90 percent of U.S. bills carry traces of cocaine (2009) by kristopolous on Saturday March 12, 2016 @11:41PM (#11276244)
sounds like a party drug mix! can you believe people pay extra for such concoctions?!
Re:90 percent of U.S. bills carry traces of cocaine (2009) by iolothebard on Sunday March 13, 2016 @10:18AM (#11277760)
I just threw up a little in my mouth at the thought. Probably still tastes better than the bill brew you're suggesting :-)
Re:90 percent of U.S. bills carry traces of cocaine (2009) by acd on Sunday March 13, 2016 @12:16PM (#11278168)
How many persons does a US bill pass on average in circulation before its handed into a bank?

You are connected to with an average distance of 3.57 to every facebook user.

What is your average distance to a substance user?

Re:90 percent of U.S. bills carry traces of cocaine (2009) by JBReefer on Sunday March 13, 2016 @05:21PM (#11279408)
Probably a distance of 1 for basically everyone
Re:90 percent of U.S. bills carry traces of cocaine (2009) by quanium1337 on Saturday March 12, 2016 @08:04PM (#11275598)
Here we go, the war on cash begins...
Re:90 percent of U.S. bills carry traces of cocaine (2009) by justinjlynn on Saturday March 12, 2016 @09:13PM (#11275808)
begins? where have you been? the big push to debit cards and gradually making procurement of any reasonable quantity of cash (especially given inflation these days) almost impossible has been going on for ages.
Re:90 percent of U.S. bills carry traces of cocaine (2009) by jrockway on Sunday March 13, 2016 @01:30AM (#11276509)
I don't find it all that hard to procure cash.
Re:90 percent of U.S. bills carry traces of cocaine (2009) by jdblair on Sunday March 13, 2016 @03:09AM (#11276584)
I really don't understand this. What's a reasonable amount? I withdrew $2500 in cash from my bank last week. No questions other than "how would you like that?" and "would you like an envelope?"
Re:90 percent of U.S. bills carry traces of cocaine (2009) by justinjlynn on Sunday March 13, 2016 @06:34AM (#11277152)
Well, let's see... Living in San Francisco. If you paid for rent, groceries, and every thing in cash you could easily require 4k per month. That just so happens to be slightly below reporting amount. Do this enough and you'll be suspected of structuring your withdrawals to avoid the 5k withdrawal reporting threshold. I know the plural of anecdote is not data but it has been my experience that if you try to use cash for everything it gets you a nice little chat when you come in to make your monthly withdrawals and a threat to close your accounts that they will not give you in writing (I've asked). This is not just one institution and $deity save you if you have even so much have even looked at a bitcoin exchange let alone transacted with one. That was enough for US bank to threaten to close my accounts if I did any more business with them. If you want to transact in cash, just try to do it regularly and in volume, for everything. You'll only realise you're in a cage once you've run up against the invisible bars.
Re:90 percent of U.S. bills carry traces of cocaine (2009) by ianhawes on Sunday March 13, 2016 @08:13AM (#11277399)
The withdrawal reporting threshold is actually $10K. In my experience, banks typically won't prevent you from withdrawing over $10K either, though they do file a report. The report is just another datapoint though, and not evidence of a crime.

If I had to guess, you probably just irritated someone because of your withdrawal size combined with the fact that most banks do not hold more than $15-$20K in cash.

Re:90 percent of U.S. bills carry traces of cocaine (2009) by justinjlynn on Sunday March 13, 2016 @06:05PM (#11279575)
I believe it is 5k now: https://www.ffiec.gov/bsa_aml_infobase/pages_manual/OLM_015....

and I probably did irritate someone with the withdrawal size. They started making me request it a week in advance before they decide it was too much trouble for them.

Re:90 percent of U.S. bills carry traces of cocaine (2009) by toomanybeersies on Sunday March 13, 2016 @08:43AM (#11277489)
I'm really struggling to see why you'd want to pay everything in cash.

Personally, I don't even usually have any cash. New Zealand is a bit different in that there are increasingly few places that don't take cards. Even farmers markets and food trucks usually take cards these days. Hell, the parking machine also takes cards. I can go weeks without using actual physical money.

Re:90 percent of U.S. bills carry traces of cocaine (2009) by over on Sunday March 13, 2016 @08:50AM (#11277503)
Credit costs the vendor 3%, and even debit is still 50 cents. I don't care when it's big box stores, but local merchants always appreciate cash.
Re:90 percent of U.S. bills carry traces of cocaine (2009) by nowprovision on Sunday March 13, 2016 @09:25AM (#11277605)
How much does cash handling costs, counting/paying in, insurance, fake notes, transport to bank, uninsured risks, shotgun robberies, still be less than 3% but not far off imho, we need something smarter than cash but not from giant ripoffs such as mc/visa/amex
Re:90 percent of U.S. bills carry traces of cocaine (2009) by jdblair on Monday March 14, 2016 @01:31AM (#11281237)
It seems to me a more practical strategy for staying "under the radar" is to use cash for small daily purchases, for things where cash is more reliable (e.g., private sale of a used car), to help out a contractor I'm paying, and for purchases I don't want traced. Why draw attention to myself by paying my rent in cash?
Re:90 percent of U.S. bills carry traces of cocaine (2009) by blackoil on Sunday March 13, 2016 @07:29AM (#11277283)
What is the common ATMs limit in US? If it is 2000+, you can do couple of withdrawals a month to go by.
Re:90 percent of U.S. bills carry traces of cocaine (2009) by Avshalom on Sunday March 13, 2016 @11:14AM (#11277949)
As far as ATMs go it varies wildly. I've never hit the limit on ones attached to banks though I've never gone above 700. The free standing one like you might see in a 7-11 or a mall often have a limit in the low hundreds to make sure they don't run out.

But I just withdrew 3000 from the window last week, as far as I know there is no limit beyond what they have in the bank as far as that goes.

Re:90 percent of U.S. bills carry traces of cocaine (2009) by deelowe on Sunday March 13, 2016 @12:39PM (#11278262)
It varies, but anywhere from a couple hundred to around $800.
Re:90 percent of U.S. bills carry traces of cocaine (2009) by deelowe on Sunday March 13, 2016 @12:38PM (#11278252)
It's not as bad as the OP states, but I deal in real estate and 30k+ transactions aren't uncommon for me. There is certainly a process for transferring that much. Typically the process can take an hour or so and it's logged with the government (FBI IIRC). You have to fill out a form and get the requisite approvals.
Re:90 percent of U.S. bills carry traces of cocaine (2009) by hotpxl on Sunday March 13, 2016 @10:02PM (#11280592)
Dude. I gotta burn all my US dollars and smoke them.
Re:90 percent of U.S. bills carry traces of cocaine (2009) by muniri on Sunday March 13, 2016 @12:55AM (#11276420)
Great article. This is why I only carry $1 bills.
Re:90 percent of U.S. bills carry traces of cocaine (2009) by awqrre on Saturday March 12, 2016 @08:22PM (#11275662)
Therefor, if you have money, it's ok to do cocaine...
Re:90 percent of U.S. bills carry traces of cocaine (2009) by snsn2828 on Sunday March 13, 2016 @03:32AM (#11276631)
All I could hear in my head while reading this was the theme song for Narcos
Re:90 percent of U.S. bills carry traces of cocaine (2009) by b3h3moth on Sunday March 13, 2016 @08:49AM (#11277500)
Many years ago an Italian magazine[0] wrote that 100% banknotes of the city of Milan was highly polluted by cocaine.

[0] http://bit.ly/22d6yKX (ita)