German airport customs catches Ukrainian with 455.000 euros in his suitcase. So simple: 12 words
Discussion
Bitcoin aside, this has never made sense to me. Is it illegal to have cash? I know that the assumption is drugs or smuggling, but are there actually laws against carrying cash?
If you can't explain where the money is from, you'll never see it again. That's at the bottom of the article.
In #Italy, you can't even buy things with cash if it's over certain amount.
Now in Europe too. More than 10k cash payment not allowed. From 3K cash payment upwards direct KYC. All below no KYC. The fight against cash has started. Pay as much as you can with cash and safe in Bitcoin too.
They are making it far too easy for us bitcoiners... they are tearing down their own system by the day. Soon peer to peer btc will be the only option.
It's nuts. A few years ago I tried to take several thousand in cash out of my bank account. The teller wanted to know what I needed it for.
"Excuse me?!"
"It's for your protection."
"It protects ME for you to know what I'm going to do with my money?" 🤦♀️