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Police Union Defends Forfeiture By Saying Anyone Carrying A Bunch Of Cash Is Probably A Criminal

Law @lemmy.world

Police Union Defends Forfeiture By Saying Anyone Carrying A Bunch Of Cash Is Probably A Criminal

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19 comments
  • Yet if you're not carrying any you're a criminal vagrant, so you're screwed either way

  • I know everyone likes to hate on cryptocurrency, but I think there is something beautiful about cash you can carry entirely in a series of words you've memorized that no one can prove you even have.

    • Unless you use something like Monero it's still useless since blockchain is neither anonymous, not private and since all exchanges requires KYC (Know Your Customer), your identity will be tied to that money.

      • Unless you use something like Monero

        So just do that? I don't get this argument that lack of anonymity is a fatal flaw when various effective anonymizing solutions exist.

        But anyway that talking point isn't even relevant in this circumstance. It doesn't matter if it is possible in theory for someone with access to exchange records to uncover a link between you and your crypto holdings. Cops looking to mug you at a traffic stop or the airport are not going to find it practical to do that, and even if they did they have no way to take it from you simply because it isn't a physical object. It's an objective fact that cryptocurrency is massively more resistant to civil forfeiture than physical cash.

19 comments