Say No to the “Cashless Future” – and to Cashless Stores

Re:Say No to the “Cashless Future” – and to Cashless Stores by mullingitover on Tuesday August 13, 2019 @02:55AM (#20683402)

There's something like 2 trillion dollars laundered annually, and a lot of this happens through shops that use anonymous cash transactions to do it.

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Re:Say No to the “Cashless Future” – and to Cashless Stores by dredmorbius on Tuesday August 13, 2019 @08:11AM (#20684968)

Source?

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Re:Say No to the “Cashless Future” – and to Cashless Stores by mullingitover on Tuesday August 13, 2019 @10:20AM (#20686069)

> "The estimated amount of money laundered globally in one year is 2 - 5% of global GDP, or $800 billion - $2 trillion in current US dollars. Though the margin between those figures is huge, even the lower estimate underlines the seriousness of the problem governments have pledged to address."

https://www.unodc.org/unodc/en/money-laundering/globalizatio...

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Re:Say No to the “Cashless Future” – and to Cashless Stores by dredmorbius on Tuesday August 13, 2019 @10:31AM (#20686179)

I meant source for "a lot of this happens through shops that use anonymous cash transactions".

$2 trillion in $10 bodega transactions is 200 billion bodega transactions. Something tells me it's not the silver in the till that's the main problem. Or even the notes.

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