I think some states are offering workarounds for that dilemma now, but I really do wish the US federal would just legalize it already. We have 24 states that have already legalized it, as well as 3 territories and D.C… Around 33 states have for medical purposes.
When 2/3 of a country has legalized something in some form, it should become the de facto law of the land at the federal level. Those other states can continue keeping it illegal if their citizens so choose, but the Federal government should be forced to at least decriminalize it if it’s something that isn’t directly harming people against their will.
Now hold on, maybe they’re onto something. The highest levels of drug dealers most likely aren’t accepting cash, they’re laundering their money through legitimate fronts. Small time dealers setting up some simple LLC or something for a relatively small fee and funneling money through that could actually shield you better from local law enforcement. I’m pretty sure Cashapp and their ilk offer business accounts nowadays, haven’t checked myself.
Block, the company that owns Cash App, lost a court case and had to pay an $80m fine for failing to adhere to anti-money laundering laws. The Feds have been all over it for a year. Maybe 3 years ago it was possible to fake the KYC, but not a much so anymore.
The only truly non-tracable financial system is Monero, and many exchanges won’t touch it because it has such a close connection to crime.
I heard of some drug dealers not accepting cash where I live
Marijuana is legal here. Dispensaries can ONLY accept cash, because they’re locked out of the federal banking system.
I think some states are offering workarounds for that dilemma now, but I really do wish the US federal would just legalize it already. We have 24 states that have already legalized it, as well as 3 territories and D.C… Around 33 states have for medical purposes.
When 2/3 of a country has legalized something in some form, it should become the de facto law of the land at the federal level. Those other states can continue keeping it illegal if their citizens so choose, but the Federal government should be forced to at least decriminalize it if it’s something that isn’t directly harming people against their will.
What are they taking? Monero? Gift cards?
Cashapp I’d assume.
Lol, might as well hang a sign out front that says “I share data with cops.”
\_( ツ )_/
Now hold on, maybe they’re onto something. The highest levels of drug dealers most likely aren’t accepting cash, they’re laundering their money through legitimate fronts. Small time dealers setting up some simple LLC or something for a relatively small fee and funneling money through that could actually shield you better from local law enforcement. I’m pretty sure Cashapp and their ilk offer business accounts nowadays, haven’t checked myself.
Block, the company that owns Cash App, lost a court case and had to pay an $80m fine for failing to adhere to anti-money laundering laws. The Feds have been all over it for a year. Maybe 3 years ago it was possible to fake the KYC, but not a much so anymore.
The only truly non-tracable financial system is Monero, and many exchanges won’t touch it because it has such a close connection to crime.