[GNC] Bitcoin is legal currency in El Salvador - why notadd BTC?

[Adrien Monteleone]

That'll get you a court date in the U.S.! (it is a specific crime, 
called 'structuring')

It isn't 'illegal' here to use any amount of cash, as far as I'm aware, 
but over $10K and you have to fill out paperwork. (I think there is a 
lower limit around $3K where a bank reports on you, and isn't even 
allowed to tell you they did so)

But don't get 'caught' with any amount of cash any random officer deems 
'excessive' or they can claim it is 'illicit' and just take it with 
little practical recourse.

Regards,
Adrien

On 12/10/21 4:33 AM, Liz Dodd wrote:
> On Fri, 10 Dec 2021 18:58:40 +1000
> Peter West <pbw at pbw.id.au> wrote:
> 
>> BTW, if you don’t actively use and support cash, it won’t be
>> available to you for very much longer. In Australia, it is illegal to
>> use cash for transactions greater than $10,000. This amount can be
>> readily reduced, and it will be.
> 
> The Australian way is $9,999 this week, $9,999 paid next time, and so on
> as we work hard to avoid the effects of the bureaucrats.
> 
> 
> why this number? because if it is $10.000 it has to be reported
> 
> Liz