HereWeGoAgain
Diamond Member
Cash transactions with no paper trail are more confidential and discreet.That may well be true and wise.Me personally? I would never travel with large sums of money if I was engaging in a legitimate transaction.
I want a paper trail in those instances.
However others will still have valid reasons for not wanting a paper trail and for using large sums of cash
I have done so myself and not doe anything illegal.
I simply find that in certain select circumstances it is best to use cash and leave no record
Either way as long as the money is legal tender for all debts public and private the state should be banned from seizing or before one is convicted
I cant conceive of a situation where large sums of money need to be in cash for a transaction.
Maybe you can enlighten me.
Let's say for example you are under a legit threat of a law suit. Meaning none has been filed against you but it probably will be by someone.
A paper trail leaves something doe the courts to look at and establish how much money you have and therefore how much they can take.
Cash leaves no such record.
The same might be true for people facing divorce.
Granted this is all a little dishonest as what you are doing is hiding your money from the government. But that would imply that the government should be allowed to know everything about you.
Another reason might be the need to get a transaction accomplished very quickly.
Checks take time to process and credit/ debit cards often charge large fees and banks often have funny restrictions on electronic transfers.
The point is some have found they can save a few dollars and get business done faster but laying cash.
So when you're doing something nefarious or underhanded.
You're actually sitting here telling us monetary currency is "nefarious or underhanded"?
I got a C-note here that says you're full of shit.
I dont care if you want to pay cash for big ticket items.
I dont because I want a record and a paper trail if things end up in litigation for whatever reason and I dont like carrying large sums in cash because of the potential of being robbed.
Do I agree with the confiscation of large sums of cash by the police?
Of course not,unless there is ample proof of wrongdoing.
I've just never came across a situation where I felt the need to pay cash simple as that.