Maybe banks will loose all their customers.

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SlugSlinger

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If you haven’t noticed, if you do a in person withdrawal of any material amount, the teller, in what seems polite conversation, will ask are you buying a car. Most people will say, no, I’m buying an xxx. I’ve noticed that the last few times I withdrew any cash.
They are already tracking a lot of transactions we don’t know about.
Hell, they are listening to us through our phones, TVs, computers and anything else connected to the internet.
 

Boehlertaught

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Its ridiculous to track $600. I know folks that pay cash for everything. Always have because it's just what they do. Car payments and house payments can easily top 600. Student loans. Tractor loans. Good grief it goes on and on. And pay for work. Im guessing most folks make more than 600 every 2 weeks.
 

El Pablo

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So, you just get many bank accounts and manage them as one via an app. I smell opportunity .

Like the irs could do anything with the amount of info the would be flooded with.
 

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