In cash/notes? How do you keep that safe from fire and theft?I always have about 10k at home
Floor safe... Fire proof.In cash/notes? How do you keep that safe from fire and theft?
What's the point of having €10k in cash?I like the phrase "cash has no memory"
While I'm not up to anything.. I always have about 10k at home.
Depending where you leave the sum it can do wonders for avoiding getting caught shortWhat's the point of having €10k in cash?
Where do you live?I like the phrase "cash has no memory"
While I'm not up to anything.. I always have about 10k at home.
I like the phrase "cash has no memory"
While I'm not up to anything.. I always have about 10k at home.
there is no such thing as a fire proof safe, there are fire resistant safes and depending on the standard, they can restrict damage for a lengthy period of time but eventually, the chances are that some damage will occur.Floor safe... Fire proof.
A place on Dame Street fits them. Bunch of 50 notes.
Am I naive to think that serial numbers from notes are being recorded everytime cash passes through a bank? So you're at most two or three hops away from a systematic audit trail.I like the phrase "cash has no memory"
While I'm not up to anything.. I always have about 10k at home.
An audit trail of the history of a £5 note found on a victim in 1977 was a major plank of the operation to catch the Yorkshire Ripper, and it came remarkably close to apprehending Peter Sutcliffe. https://metro.co.uk/2020/12/21/netf...e-nearly-caught-peter-sutcliffe-out-13784583/Am I naive to think that serial numbers from notes aren't being recorded everytime cash passes through a bank? So you're at most two or three hops away from a systematic audit trail.
In general, they don't record it, too many pieces of paper coming in from too many sources to make it effective. It might be different in the North where banks literally print their own cash and they would have some record of what they issued and destroyed.Am I naive to think that serial numbers from notes aren't being recorded everytime cash passes through a bank? So you're at most two or three hops away from a systematic audit trail.
But tracking serial numbers from bills is trivial to automate. Machines already count and scan the bills as they're loaded into ATM trays, dispensed from ATMs, and scanned on deposit. So this idea that 'cash has no memory' seems like wishful thinking, apart from bills that solely circulate in the shadow economy (and as fistophobia knows, for that we use USDIn general, they don't record it, too many pieces of paper coming in from too many sources to make it effective. It might be different in the North where banks literally print their own cash and they would have some record of what they issued and destroyed.
Not just the serial number that needs to be tracked, you also need to track who withdrew/deposited it. In addition, that trail will be incomplete, you can track that a shop lodged the cash in a branch, you can't record where the shop got it from.But tracking serial numbers from bills is trivial to automate. Machines already count and scan the bills as they're loaded into ATM trays, dispensed from ATMs, and scanned on deposit. So this idea that 'cash has no memory' seems like wishful thinking, apart from bills that solely circulate in the shadow economy (and as fistophobia knows, for that we use USD).
I like the phrase "cash has no memory"
While I'm not up to anything.. I always have about 10k at home.
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