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A huge part of the rational for all these types of rules is the war on drugs. Which is what most of the so called money laundering prevention is targeting. My guess is that these rules only catch the dumb criminals. Like most freedom restricting laws they mostly affect normal people just living their lives.
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I had my biz bank account shutdown and was due to employee "error" that I got thrown under the bus for.
But the good news is this (well besides existence of bitcoin):
The $10K limitation was put into effect in 1970. At the time, $10K was conservatively about $90K today....so it was a rather "large cash transaction"
Point being: more and more bank customers are going to encounter this as the currency devalues to the point of $10K being a new iPhone in coming years....and this is going to force these customers into looking for other solutions....