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Re:Root – Programmable bank account for software developers by GrinningFool on Wednesday May 03, 2017 @01:01PM (#14257705)
That's why you always get a receipt when you pay in cash - it serves as proof that you paid.
Re:Root – Programmable bank account for software developers by palerdot on Thursday May 04, 2017 @09:46AM (#14264760)
You should be living in some other universe. Most of the corruption stems from the fact that cash transaction history can be spoofed easily. There is no way to link cash with your identity linked to the tax systems. With digital payment, all the payments to/from will be linked to a taxable entity.
Re:Root – Programmable bank account for software developers by GrinningFool on Thursday May 04, 2017 @01:58PM (#14267126)
True enough, but this wasn't in the context of taxes - it was about avoiding getting ripped of by paying cash then having an entity claim you never paid them. Receipts are still good for this - signed receipts even better.