decentrian on Nostr: I get what you guys are saying but we can’t control what people do with the cash ...

I get what you guys are saying but we can’t control what people do with the cash once it’s in their hands and it is more likely they will spend it in a business that reports earnings to the IRS or worse deposit it in a bank. The scenario you guys are bringing up only works if you are spending small amounts at like a mexican hot dog stand. It’s not many businesses that can justify bringing in large amounts of cash at a time. IMO, from the governments perspective, both cash and BTC can be traced so what matters is how it is obfuscated and how difficult it would be for an individual to do it themselves. Thats why i say for cash you need a business like a strip club or something to justify bringing in so much cash and you’d need multiple because eventually they are going to ask themselves how is it that all this dirty money is mostly being spent on this one strip club. You need a lot of money or people you trust that have these businesses which is not ideal. I get that bitcoin has a long way to go and needs more tools for privacy but i still believe you are more likely to succeed cleaning a ton of money at once with BTC than with cash and thus making it more fungible.