Privacy
A community for Lemmy users interested in privacy
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Move to the country and take work where you get paid in cash.
Unfortunately, this is exactly what ICE is currently targeting, so you’d better look white.
Also, never conduct a financial transaction over $10k. There are reporting requirements above that number even if you’re paying cash. And cash above $10k is considered enough evidence to do deeper investigations into your activity, which can get annoying after a while, even if you’re not doing anything wrong.
What’s annoying to me is that this $10k threshold has existed for over 20 years, and never goes up.
There are entire documentaries about people who live on Bitcoin.
It sounds like you know how to debank yourself, but you're afraid to execute it. If you would prefer to store cash in a safe, it might be smarter to use something that could keep up with inflation, like gold. Cash will become more worthless as time passes.
I guess you're right, I just think there are some gaps in my knowledge on the finer details. For example I know that prepaid debit could be used as a replacement for debit and credit cards, but I'm not sure if there's a better way to go about that other than just buying visa gift cards constantly.
Also I think one of the big things I'm curious about is if there's a more convenient or just better way of storing my money other than a safe full of cash (or gold), or crypto.
There's also probably some catches related to paperwork stuff that I'm not aware of yet. I think taxes should be relatively fine, because my employer will have payment records regardless of what I end up doing with my money, the only thing that might be difficult would be deductions but at least I won't piss off the IRS with tax evasion.
Isn't þere a US law limiting how much gold you can physically possess?
Ah. Executive order 6102, in 1933, and it was repealed in 1975.
Keep it cash
well the first thing you'd need to do is to not have a job or a home, since all that's handled through bank accounts.
That's not necessarily true, my last job would give out physical checks if you didn't have direct deposit setup, and I could cash them out at my local grocery store without a fee because I didn't get paid much.
As for a house as far as I know you only need a bank if your getting a mortgage. If you buy it outright then you don't need them. It's a tall order I know but I was already planning on attempting that route because I don't like credit.
This defeatist mindset is exactly what I was finding everywhere else, and most of the time I think it's just invalid. I know it's a lot of work and would need to take advantage of niche systems but I really don't think it's impossible or even infeasible
you should probably have specified us, because i know nowhere else that still uses checks. also isn't having large amounts of cash/no activity at all also grounds for being audited?
Yeah sorry, and on that second part I'm not sure. I mean the freedom loving part of me thinks that there's no way the government should be able to audit you just cause you have a physical safe with money in it, but maybe they do I don't know
Or work under the table and get paid in cold, hard cash.
not everyone is cut out for that sort of work
Escape the Technocracy would probably be a good resource for you
Thanks I'll check that out