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21

I just want to correct a myth. US dollars are currently and always have been trackable.

submitted by Crackinjokes to TellUpgoat 2.7 yearsAug 30, 2022 08:49:17 ago (+22/-1)     (TellUpgoat)

I just want to correct a myth. US dollars are currently and always have been trackable. Each dollar has a serial number. Butch Cassidy and the Sundance kid and the Butch Cassidy gang were captured after they used banknotes which were traced by the banks who were looking for that. They had robbed a train. They used banknotes from the train. Banks all over the United States had been tracking serial numbers of the bank notes deposited in their Banks by retailers and customers and when some of the matching ones came up from the Butch Cassidy robbery it gave them a location for Butch Cassidy's gang and that's how were they were tracked.

Today all banks run their cash through optical counters which easily can record the serial number of every Bill run through the counter in a microsecond. Every serial number of every Bill and then be put into a database and recorded by the bank as having passed through their bank.

Edit: People keep saying facilities aren't set up to do this

This quick search shows that most cash counting machines are already set up to track the serial numbers of the bills they're counting

https://search.brave.com/search?q=Cash+counters+that+optically+tracked+serial+numbers


53 comments block

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[ - ] Thatguy 4 points 2.7 yearsAug 30, 2022 08:51:47 ago (+4/-0)

The Panama papers says otherwise. Thank god the controlled media buried the story.

[ - ] deleted 3 points 2.7 yearsAug 30, 2022 11:32:25 ago (+3/-0)

deleted

[ - ] GoldenAgeWhen 1 point 2.7 yearsAug 30, 2022 10:08:39 ago (+1/-0)

That isn't the plebs

[ - ] s23erdctfvyg 0 points 2.7 yearsAug 30, 2022 12:05:51 ago (+0/-0)

I missed what this is about. Do you have any links to the story?

[ - ] Thatguy -2 points 2.7 yearsAug 30, 2022 12:14:07 ago (+1/-3)

Do your own research. It happened, what you find on a general internet research is all lies. Its worse than you think. And it’s still going on, just hidden better. The 1% hate you.

[ - ] observation1 1 point 2.7 yearsAug 30, 2022 14:09:51 ago (+1/-0)*

Old adage:

If you can't explain something in 2 sentences its because you don't understand it.

New adage:

If you can't be bothered to explain something, its because you don't know about it.

[ - ] Thatguy 1 point 2.7 yearsAug 30, 2022 14:50:15 ago (+1/-0)

Ouch!

I’ll take my licks.

I don’t know…

[ - ] FreeinTX 4 points 2.7 yearsAug 30, 2022 08:53:34 ago (+4/-0)

If I hand $100 to someone, then they give it to someone, then they give it to someone, where's the tracking?

[ - ] NeonGreen 2 points 2.7 yearsAug 30, 2022 09:48:44 ago (+2/-0)

In the Cellular network.

[ - ] diggernicks 0 points 2.7 yearsAug 30, 2022 10:28:55 ago (+0/-0)

Flip phone

Off yourself if u can't live w out a smart phone

[ - ] NeonGreen 0 points 2.7 yearsAug 30, 2022 17:56:54 ago (+0/-0)

You think they don't track flip phones? Yeah right.

Sure you can, but all the people in the chain of custody can't. It paints a very clear map to the source regardless.

[ - ] Teefinyomouf 1 point 2.7 yearsAug 30, 2022 09:54:05 ago (+1/-0)

But you don't. You give it to a business who puts it in the bank that evening.

[ - ] FreeinTX 5 points 2.7 yearsAug 30, 2022 11:23:06 ago (+5/-0)

Or, gives it to a customer later that day, or uses it to pay for something else, etc.

Yes, when the cash hits the bank, it can be tracked, but between banks, there is no tracking. That bill could change hands 1 time or 1000 times, with no way to know. It's certainly less scrutinized than a CC or debit transaction.

[ - ] ZeudesJesucifer 1 point 2.7 yearsAug 30, 2022 11:46:15 ago (+1/-0)*

Stolen money can be traced back to you quite easily. Say you have 10k stolen cash. What are you going to buy, and from who? Chances are the bill is only going to change hands once or twice before it hits the bank, unless you've set up a laundering facility to spread the money over 1000 hands, most of that money will be banked within 2 or 3 people. Easily tracked back to you in that case.

[ - ] FreeinTX 2 points 2.7 yearsAug 30, 2022 12:54:54 ago (+2/-0)

Don't straw man me. I didn't say anything about spreading money over 1000 hands. And you're missing the point. If money changes hands more than once between banks, there is no way to know who has any certain bill. If I get a bill from a bank, they can know I got the money. If I give it to someone and he doesn't put it in a bank, there is no way of knowing who has that bill. If he gives it to a 3rd person, there is no way to know that the 2nd person ever had that cash. And if that 3rd person puts it in the bank, it is tracked again but there is no way to know if that bill passed through 2 hands, 10 hands, or a 1000 hands, and certainly no way to know which hands.

[ - ] PearofAnguishJuniorManager 1 point 2.7 yearsAug 30, 2022 15:07:23 ago (+1/-0)

You and I are making the same argument in different threads.

The reason the government is pushing for digital currency is because they can’t track cash.

[ - ] ZeudesJesucifer 1 point 2.7 yearsAug 30, 2022 15:44:08 ago (+1/-0)*

OK I get your point but for every type of sales activity involving criminal money of any kind, laundering fronts or operations are necessary for a reason. Police gather intel on potential suspects, any and all prints or sales records all and everything they can for a reason. Fwiw I do support cash over digital currency as it is harder to track.

[ - ] Crackinjokes [op] 0 points 2.7 yearsAug 30, 2022 16:34:36 ago (+0/-0)

The same way counterfeiters are traced. A bunch of counterfeit bills or bills with serial numbers they're tracking show up in a certain area. Unless you're driving to a different city every day and only spending one bill in each City in which case they would still be able to track it to the movements of your car or your airplane tickets or whatever the hell you're using. So all these groups of bills are going to show up in some path that's coincident with your location. And all they're going to have to do is go to the last person to deposit it in the bank and say where'd you get this bill and they're going to say well I did business with the following people in the last week. One of those people is going to be somebody who did business directly with you. This is not hard. The only reason I post this is if anybody thinks that cash is somehow untraceable they're really being ridiculous. The only reason all the drug money and everything else from the cocaine 80s wasn't traced was because the banks themselves were in on it. And obviously the feds probably were as well.

[ - ] Crackinjokes [op] 0 points 2.7 yearsAug 30, 2022 16:32:28 ago (+0/-0)

When someone spends it at a retailer who deposits his daily receipts in his bank.

If you were just making deals People to People then you don't even need cash. You can barter.

[ - ] Shitheel 0 points 2.7 yearsAug 30, 2022 16:40:15 ago (+0/-0)

When one of those people uses the money in a way other than handing to another person. Why do you think that the tracking needs to be 100% to be effective? That's a small minded thought

[ - ] FreeinTX 0 points 2.7 yearsAug 30, 2022 17:04:30 ago (+0/-0)

100%? Cash changes hands randomly in mass. You couldn't guarantee 10% effectiveness. That's why they want to get rid of cash. Its virtually untraceable.

[ - ] Shitheel 0 points 2.7 yearsAug 30, 2022 19:25:08 ago (+0/-0)

You can guarantee at least 80% effective. It's not a matter of finding an exact location but rather a pattern. None of the criminals who were caught by tracking were caught by a single bill.

How many dollars do you think actually change hands amongst individuals without ever coming into contact with a corporation?

[ - ] FreeinTX 0 points 2.7 yearsAug 30, 2022 22:53:38 ago (+0/-0)

Corporations don't track cash and when a Corporation deposits cash, you're name isn't attached to that cash unless you withdrew it from a bank.

Finding patterns is a meaningless and undefined endeavor. You can find patterns in clouds.

[ - ] Shitheel 0 points 2.7 yearsAug 31, 2022 06:54:53 ago (+0/-0)

I know that you are incapable of understanding how it works and I don't care.

[ - ] domains 6 points 2.7 yearsAug 30, 2022 09:06:00 ago (+6/-0)

Bitcoin is not fungible

[ - ] Boardallday3 5 points 2.7 yearsAug 30, 2022 10:04:12 ago (+5/-0)

But can be turned off. Wait until quantum computing really ramps up. Bitcoin will be worthless overnight.

[ - ] RobertJHarsh 2 points 2.7 yearsAug 30, 2022 11:47:53 ago (+2/-0)

I have the six pack, lawn chair, and popcorn at the ready when these scamcoins go under when someone with authority signs an executive order. I cannot wait to hear the crying of these coinfags.

[ - ] HowDoYouDoFellowNiggers 0 points 2.7 yearsAug 30, 2022 13:29:02 ago (+1/-1)

Stop having faith in retarded shit. Get your dumbass into church.

Buy the dip so we don't have to hear you cry when we make our next million dollars, loser

See here for further pownage of your stupid mentality https://www.voat.xyz/viewpost?postid=630e074d3cc13&commentid=630e487d1b8ac

[ - ] RobertJHarsh 2 points 2.7 yearsAug 30, 2022 14:10:36 ago (+2/-0)

Yeah....China has already banned the shit. As soon as the US introduces their own scam coin you'll be broke as a joke because the very next thing signed into law will be banning all other scam coins since they will be considered counterfeit money.

[ - ] HowDoYouDoFellowNiggers 0 points 2.7 yearsAug 30, 2022 20:22:27 ago (+0/-0)

Boohoo you didn't get rich off shit coin. I've already realized gains worth more than your life. Die crying faggot or buy the dip

[ - ] RobertJHarsh 0 points 2.7 yearsAug 30, 2022 20:24:18 ago (+0/-0)

Whatever fag.

[ - ] GoldenAgeWhen 1 point 2.7 yearsAug 30, 2022 10:12:09 ago (+1/-0)

when that happens then there will be a fork. It isn't just bitcoin that will have to make a major change when that line gets crossed.

[ - ] usedoilanalysis 1 point 2.7 yearsAug 30, 2022 11:31:06 ago (+1/-0)

If it ever ramps up. There's a reason futurism petered out from the mainstream, that reason being all the promises of future tech never really petered out.

[ - ] Hadza 2 points 2.7 yearsAug 30, 2022 12:59:27 ago (+2/-0)

No, the future stopped being exciting because of jewish instability and culture death. You can't plan even 2 years ahead and everything that waits you in the jewish future sucks.

I was excited about the future where we colonize Mars, send gas tankers to Jupiter and build solar mirrors to do all kinds of crazy shit. Now I yearn for a down-to-Earth future where we simply gas all the kikes.

[ - ] HowDoYouDoFellowNiggers 0 points 2.7 yearsAug 30, 2022 13:27:25 ago (+1/-1)*

Wait until quantum computing really ramps up

Such a gay ominous thing to say. Everyone should completely ignore this "possibility" until it's already happening.

You're one of those people preaching the fallacy that if something isn't bulletproof from every angle it's worthless. This isn't true and never will be true. And nothing will ever fit that criteria

Buy the dip you retarded fag.

[ - ] VoatGoat 1 point 2.7 yearsAug 30, 2022 13:32:53 ago (+1/-0)

Exactly. Also quantum computing isn't going to ramp up if STEM is filled with groids.

[ - ] GoldenAgeWhen 0 points 2.7 yearsAug 30, 2022 10:08:03 ago (+0/-0)

What do you mean by this? Unless you have dirty coins I would say it is fungible.

[ - ] SilentByAssociation 0 points 2.7 yearsAug 30, 2022 09:39:19 ago (+0/-0)

Silver dollars don't have serial numbers. Although they'll cost you $30-40 Fed notes apiece.

[ - ] GoldenAgeWhen 1 point 2.7 yearsAug 30, 2022 13:19:56 ago (+1/-0)

if you wanted to use the dollar coins those would be good as well.

[ - ] GoldenAgeWhen 3 points 2.7 yearsAug 30, 2022 10:06:54 ago (+3/-0)

You can "tumble" usd by either getting cash change from a retail store or using a debit card with cash back. That cash could have come from another customer or from the retailer's accounts, but it has nothing to do with you except how you are tied to the transaction itself (depending on the cash handling this could be pretty anonymous).

[ - ] PearofAnguishJuniorManager 2 points 2.7 yearsAug 30, 2022 10:09:21 ago (+2/-0)

I suppose if you stole money from a bank, and the bank knew the serial numbers, they would be on the look out for those digits.

They have no idea how many hands a bill has passed thru when it’s in circulation. Long ago there was a site, maybe it’s still around, where you could input a number off a bill in your wallet and you could see it’s journey around the US over the years as it went in and out of the banks. But they didn’t know how it bounced around before it got to the bank.

[ - ] Crackinjokes [op] 1 point 2.7 yearsAug 30, 2022 16:36:24 ago (+1/-0)

The site was wheresgeorge.com

[ - ] GoldenAgeWhen 0 points 2.7 yearsAug 30, 2022 10:19:46 ago (+1/-1)

the point is the "in and out of banks" part. I would also include some major retail stores might contribute to the crap.

- person1 takes out known currency from a bank
- person1 spends it at store1
- store1 deposits cash at bank
- government knows that person1 spent money at store1

that it then goes to other people doesn't matter, it is all known. It is possible to sidestep this, but there is a market force to not do that. If I wanted to be semi-anonymous I would withdraw a large amount in $100 bills from a bank (and do the paperwork and BS one time), then I would spend these every purchase and keep the change separate as 1-cycle bills. You could then spend the $20 bills from 1-cycle and have 2-cycle bills as change.

[ - ] PearofAnguishJuniorManager 2 points 2.7 yearsAug 30, 2022 12:57:16 ago (+2/-0)*

Naw. Dude… you are anonymous when you pay cash. The cash given to a vendor could go out of the drawer as change a hundred times before it is deposited in a bank.

Grandma puts a 20 in a birthday card, sends it halfway across the country, that kid spends it at a lemonade stand, that kid give it to a bum that buys a big Mac where it’s given as change to a long haul trucker that spends it 5 states over on a whore. The whore puts it in the bank. All they can track is withdrawals and deposits, and nothing that happens in between. The logistics of tracking a freely circulating piece of paper is impossible, and not worth the effort of the kikes. If it worked, every money launderer would be in jail.

[ - ] Crackinjokes [op] 0 points 2.7 yearsAug 30, 2022 16:38:20 ago (+0/-0)

Think for a minute. Most retailers give far less cash change than they take in. For a retailer to give the same amount of cash change as they take in they would have to all have their prices at something like I don't know $2. Then they would get $5 bills and they would give somebody three in change. So they would technically giving more cash Bill's out than they are receiving. But no retailer has prices like that. Instead prices are $18.99 or $8.99 or something like that. So they're going to be taking in a lot of twenties and a lot of singles and a lot of $5 bills and they might give somebody $1 back. This is why I retailers always end up with the cash surplus at the end of the day. And that surplus goes into the bank usually every night. That's what those cash deposit still doors are on the side of your bank.

[ - ] GoldenAgeWhen -2 points 2.7 yearsAug 30, 2022 13:19:29 ago (+0/-2)

It is a data issue, while your situation "could" happen, it isn't what normally happens. Even if it is what normally happened though, there would still be information to analyze.

Think of it like this "PoAJM withdraws 40x $20 bills on these days. These are the businesses who deposited his bills. This bar ended up with 15 of them on these days. There is a high likelihood that PoAJM goes to this bar and that he was there on these nights."

They can do all of this retroactively, if you are being investigated they can look and see where every bill you have ever withdrawn was eventually deposited, and build up a story of your life from it.

[ - ] Stonkmar 1 point 2.7 yearsAug 30, 2022 10:27:22 ago (+1/-0)

Couldn't you just sharpie the serial number?

[ - ] TheViciousMrPim 3 points 2.7 yearsAug 30, 2022 11:36:22 ago (+3/-0)

This is about like saying your 1970 Challenger is trackable. Yes, it is. Its isn't trackable like a brand new electric smart car is.

[ - ] HowDoYouDoFellowNiggers 0 points 2.7 yearsAug 30, 2022 13:25:46 ago (+1/-1)

Good refresher, but some of us remembered that. It was brought up when people were talking about Bitcoin being traceable.

But you have to be careful about how you talk about this because you might convince some people that cards are equal to cash.

Cash is still king

[ - ] observation1 0 points 2.7 yearsAug 30, 2022 14:07:30 ago (+0/-0)

Capacity of tracking it and actually putting the effort in to track it are 2 different things. Nobody is set up to do this.

The cash I have in my pocket, for example, nobody knows the serial numbers.

[ - ] PostWallHelena 0 points 2.7 yearsAug 30, 2022 17:14:29 ago (+0/-0)

Trackable but generally not tracked. Theres a difference.

[ - ] NaturalSelectionistWorker 1 point 2.7 yearsAug 30, 2022 18:18:27 ago (+1/-0)

On the one hand, the trackability is a good thing as it prevents theft and counterfeiting.

On the other hand, the biggest thieves and counterfeiters are the ones in charge of the money supply.