top | item 26916304

(no title)

spurdoman77 | 4 years ago

I can't wait until Bitcoin makes this kind of things easier. Carrying cash in plastic bags sounds such a boomer thing to do.

discuss

order

ajkdhcb2|4 years ago

Bitcoin is not private and the chain is becoming monitored more and more closely. Every exchange leaves a permanent record. Probably monero will start to fill the gap if cash starts becoming too difficult

gruez|4 years ago

Even though taking out a few million dollars in cash is suspicious, withdrawing a few million dollars to a cryptocurrency exchange is even more suspicious.

Mauricebranagh|4 years ago

Its very German a few years ago there where a number of people caught with bundles of 500 euro notes going tax havens.

arbitrage|4 years ago

how are you supposed to convert bitcoin to large amounts of cash? I have not found a way to do that.

gruez|4 years ago

A cryptocurrency exchange? I know of several that have withdraw limits in the hundreds of thousands per day if you're KYC verified (ie. passport scan + utility bill).