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bucolic_frolic

(43,128 posts)

6. Ideas have been floated to eliminate cash

Reply to oldsoftie (Reply #5)

Fri May 21, 2021, 06:58 AM

May 2021

Drive it out of circulation. Enact a % fee to deposit it. But it's just ideas as pundits ponder what the government could do to eliminate cash.

I don't understand crypto. Vaguely.

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17 replies

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Highlight:

Treasury Calls for Crypto Transfers Over $10,000 to Be Reported to IRS [View all] swag May 2021 OP

There wasn't such a rule in place already? Eugene May 2021 #1

I think there has been an attempt to ignore it hoping not to legitimize crypto ColinC May 2021 #2

Wait... Dopers_Greed May 2021 #3

If you sold it, you do. ColinC May 2021 #4

Their cash withdrawal rules should be unconstitutional oldsoftie May 2021 #5

Ideas have been floated to eliminate cash bucolic_frolic May 2021 #6

They want to do that so they can see EVERYTHING. oldsoftie May 2021 #8

As for crypto, I still feel like its a huge Ponzi oldsoftie May 2021 #11

Same here, I feel like it's where they're hiding the QE cabbage bucolic_frolic May 2021 #13

Cons said trump was going to solve all of these problems? RandiFan1290 May 2021 #7

when did trump ever say anything about cash rules? oldsoftie May 2021 #9

Thought filing would be as easy as sending in a post card? RandiFan1290 May 2021 #10

Oh THAT. Well we've been hearing that since '84 oldsoftie May 2021 #12

Word to the wise. 10k withdrawals is what they put out but... brush May 2021 #14

That's the law for any overseas transfer, cash-carrying traveler, or any foreign bank account. Martin68 May 2021 #15

It's funny how that rule has been misinterpreted into urban legend. Ursus Rex May 2021 #16

It doesn't matter how much you carry (although the DEA and others might take interest) as long as Martin68 May 2021 #17