The juveniles, ages 11, 12 and 16, were caught on camera robbing a Wells Fargo bank March 14, the FBI said.
Three boys dubbed the “little rascals” for allegedly robbing a Texas bank were behind bars Thursday, the FBI said.
The juveniles, ages 11, 12 and 16, have each been charged with robbery by threat, a spokesperson for the Harris County Sheriff’s Office in Houston said in an email.
“Because they are juveniles, their names, and no additional details will be released,” the spokesperson said.
They don’t want you to have control of your own money.
No it’s not that, cash is so marginally used today, that any greater amount of cash is de-facto suspect, and potentially illegal.
Even most old people and teens use electronic payments.
We got universal electronic/card payments in the 80’s that quickly became dominant, because it was a cooperation between state and banks, so trust was high, and price was zero, because banks paid the cost through administrative savings. Now there’s a small fee per transaction paid by the shop. Private as in personal transactions are free.
We simply don’t need cash for anything anywhere. So most people don’t even bother with cash at all anymore.
Apart from the cash restrictions that were introduced a few years back, we have very liberal money/investment regulation.
Ironically all shops have to still accept cash, because is still legal payment. But you can’t for buying a car, because that’s above the legal amount for a dealer to receive. I have no idea how that’s supposed to work legally, because I’m not a lawyer, and cash is almost obsolete here anyway.
That last paragraph basically reads as “outlawed it without outlawing it”
I’m not going to down vote you. Not sure who did or why.
I think it’s people who by “control”, mean able to hide where their money is coming from, or ion other words mean control is the ability to cheat.
It’s 100% because they want it to be traceable. I’m not sure, but I think I’m OK with that. Although it will make it hard to hide away a bit of money for a rainy day, when you are on social benefits. As it is, if you have more than $12k USD, you have to spend the above first, before getting any benefits.
That may be a factor too, making it harder to cheat on social benefits. 12k doesn’t get you far if you need a roof repaired. But at least the value of a house isn’t counted.