“Bank secrecy act” was passed in 1970. One of the “Rules” was the $10,000 rule. Any cash transactions $10,000 or higher had to be reported to the IRS. In 1970, the median house price was $17,000, today it’s around $350,000. Why the hell has that not been adjusted for inflation?? Because politicians are mostly financially illiterate, want complete surveillance and zero privacy and mostly suck!!!