Cash is not a crime, and simply carrying your money in cash does not give law enforcement probable cause to seize it;
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Yes it is.
People don’t understand how government looks at them.
They don’t care if you don’t have means or even motive, NOR EVEN IF YOU COMMITTED A CRIME... they still don’t want you to have the the opportunity.
Cash can’t be readily tracked.
This poses at least two major problems for the government. First of all, you may be buying and selling things without them knowing. This has been a big no-no for the IRS in particular for a very long time.
Secondly, you “could” be buying and selling things that they don’t know about, and In particular illicit goods, although they like knowing everything, not just the potential crimes.
And there-in lies the problem. The not knowing.
If you even just have the opportunity to make transactions off the books, that’s enough of a crime as far as they are concerned. It’s not good enough if you don’t make the transactions, or even if you report them when you do.
All this, of course, only counts for legal US citizens. If you are here illegally, you can do everything you want off the books. In fact, it almost seems to be encouraged.
“Cash can’t be readily tracked.”
actually it can. it is just quite a bit more difficult than the new digital currency they want to impose.
every dollar you have has a unique identifying number and is scanned when going through banks or casinos.