Message from @EndangeredProdigy
Discord ID: 531226671467200533
When they sold the postal service, they removed the law that gave them monopoly on mail
To day letters are being delivered by the paper advertisement company, neswpaper boy or other service
I wouldn't call it a right
Certainly is a feature of a free society
the ability to transfer your own property around?
Money is not property
well..... sort of....
what is it then?
under U.S. law it sort of is
Banks own it
You just use it
in the U.S. the federal reserve owns the note
but you own the money
Not if it's in a bank account
sure, but I'm talking about cash here
Once you transfer it to a bank, it's theirs
My confidence is high in the stable electric grid, (i helped built it) last power outage was in 1998 and only affected the capital area for 4 hours
Cash doesn't need laundering
lol yes it does
it's all serialed
at least, these days it is
beyond that, a lot of it is marked with dyes or other chemicals
which are used to trace it in addition to the serials
That's why you use old notes
If you are doing something like that
they don't survive that long
it has recently become more important with crypto
i think blockchain.info implements automatic money laundering mechanisms for economic privacy
Old notes get hoarded
Thats why they are disappearing
there really is not much printed currency from before the mid 1930s
I wonder how it's in Russia/China ? does mastercard also have power there ?
The only way you can trace money is from Bank to bank
in fact, the serials predate the federal reserve
Normal stores don't examine that
sure, but you can investigate from that
money goes to banks pretty quickly
dude
You can't determine who used it though
like seriously people do this for a living
I'm aware