Good point, but after a while someone would still want to know where the gold came from. Unless you sell it so slowly that it’d be barely useful to you.
“after a while someone would still want to know where the gold came from”, five minutes after the cash has been exchanged, you’ll be quickly forgotten about. You don’t live in a damn csi episode
I do, however, live in the real world. Where anyone giving you a decent price for your gold is subject to AML laws.
Cash is honestly easier for your average person to deal with. Either way you’re either going to pay a ton of taxes or you’re going to hide everything. Gold is great if you have a trustworthy buyer that’s not operating legally, in which case you can… Turn it into cash. Woops.
Good point, but after a while someone would still want to know where the gold came from. Unless you sell it so slowly that it’d be barely useful to you.
“after a while someone would still want to know where the gold came from”, five minutes after the cash has been exchanged, you’ll be quickly forgotten about. You don’t live in a damn csi episode
I do, however, live in the real world. Where anyone giving you a decent price for your gold is subject to AML laws.
Cash is honestly easier for your average person to deal with. Either way you’re either going to pay a ton of taxes or you’re going to hide everything. Gold is great if you have a trustworthy buyer that’s not operating legally, in which case you can… Turn it into cash. Woops.