To: SeekAndFind
In other words, financial institutions will report any flows in and out of business and personal accounts of more than $600.That's gonna be one big daily data dump.
15 posted on
09/15/2021 8:22:47 AM PDT by
1Old Pro
(Let's make crime illegal again!)
To: 1Old Pro
They’ll only look through it when you become a target.
16 posted on
09/15/2021 8:25:18 AM PDT by
Lurkinanloomin
(Natural Born Citizens Are Born Here of Citizen Parents)(Know Islam, No Peace - No Islam, Know Peace)
To: 1Old Pro
How many people making automatic payments from one of their accounts to another daily would it take to overwhelm the reporting system?
28 posted on
09/15/2021 8:39:27 AM PDT by
seowulf
(Civilization begins with order, grows with liberty, and dies with chaos...Will Durant)
To: 1Old Pro
that is not that large of an amount
People’s weekly paychecks are bigger than that!
Rent payments bigger than that, mortgages, car payments and some cases cable bills, cellphones etc.
This is the balloon to float how difficult it would be unless everything goes fully digital. This is about the push for digital currency.
57 posted on
09/15/2021 10:32:28 AM PDT by
EBH
(Never trust the government or a politician . 1776-2021 May God Save Us.)
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