Is there a risk to getting physical cash at banks or ATMs?

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  • StackinGreen
    SBR Posting Legend
    • 10-09-10
    • 12140

    #1
    Is there a risk to getting physical cash at banks or ATMs?
    Cash is hated, yes governments eventually want to track you by making everything digital ... but my question is that if you want to get your own cold hard cash out of your bank account, are you monitored more by taking out several thousand at a time (where they ID you etc) or just going to get somewhat smaller amounts at ATMs, but more trips

    It's pathetic how some banks like B of A only have 1k withdrawals per day - what a joke

    It's a new version of anti-freedom and similar to the CTR not changing since the 1970s so the government can spy even more on you, or retrospectively look into you

    "Land of the Free"

  • SamsNCharge99
    SBR Aristocracy
    • 10-22-08
    • 41242

    #2
    Covid risks. Are they sanitizing those buttons
    Comment
    • Orbison
      SBR MVP
      • 09-07-20
      • 4691

      #3
      in these times the risk probably has more to do with whether someone or a team of people has been scoping out the ATM to rob you shortly thereafter
      Comment
      • The Kraken
        BARRELED IN @ SBR!
        • 12-25-11
        • 28918

        #4
        I went down on street meat the other day, you think i give a fukk about atm buttons
        Comment
        • KnuckleHeadz
          SBR Hall of Famer
          • 12-11-19
          • 8194

          #5
          Originally posted by The Kraken
          I went down on street meat the other day, you think i give a fukk about atm buttons
          Did you swallow?
          Comment
          • 19th Hole
            SBR Posting Legend
            • 03-22-09
            • 18925

            #6
            Originally posted by The Kraken
            I went down on street meat the other day, you think i give a fukk about atm buttons
            It's all about perspective.
            Reassuring to see Kraken maintains equilibrium and keeps his
            priorities in order.
            Keep your withdrawals under 10k per pop and more importantly
            keep the blisters off of your tongue.
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 61206

              #7
              BkofAma only allows $1000 a day cash withdrawals??

              Really? Since when? Why?
              .
              Comment
              • TheGoldenGoose
                SBR MVP
                • 11-27-12
                • 3745

                #8
                Originally posted by Optional
                BkofAma only allows $1000 a day cash withdrawals??

                Really? Since when? Why?
                Talking about ATM withdrawals being limited to $1K a day. Prevents somebody who steals your banking card and has your PIN # from completely wiping out your account.
                Comment
                • BOA12
                  SBR Posting Legend
                  • 02-19-12
                  • 20622

                  #9
                  Originally posted by StackinGreen
                  Cash is hated, yes governments eventually want to track you by making everything digital ... but my question is that if you want to get your own cold hard cash out of your bank account, are you monitored more by taking out several thousand at a time (where they ID you etc) or just going to get somewhat smaller amounts at ATMs, but more trips

                  It's pathetic how some banks like B of A only have 1k withdrawals per day - what a joke

                  It's a new version of anti-freedom and similar to the CTR not changing since the 1970s so the government can spy even more on you, or retrospectively look into you

                  "Land of the Free"

                  Banking industry a scam.
                  Comment
                  • LongBall52
                    SBR MVP
                    • 06-14-20
                    • 1319

                    #10
                    Originally posted by Optional
                    BkofAma only allows $1000 a day cash withdrawals??

                    Really? Since when? Why?
                    That's for ATM machine only, which is my guess. They have to refill the machines manually maybe.. How many people taking out more than $1000 per day all $100's could the machine survive.
                    Comment
                    • StackinGreen
                      SBR Posting Legend
                      • 10-09-10
                      • 12140

                      #11
                      Originally posted by TheGoldenGoose
                      Talking about ATM withdrawals being limited to $1K a day. Prevents somebody who steals your banking card and has your PIN # from completely wiping out your account.
                      Have an inside machine like Chase does with at least 2k withdrawals rather than waiting in line and filling out forms, showing ID, all that BS jazz. It's 2020, they act like this is 1970 still, I don't buy those "security" references. I have friends with other banks like the Bank of Montreal, not exactly small, that have like $300 ATM limits. Unreal.
                      Comment
                      • StackinGreen
                        SBR Posting Legend
                        • 10-09-10
                        • 12140

                        #12
                        Originally posted by BOA12
                        Banking industry a scam.
                        This is what I'm getting at. With that news today of crypto stablecoins allowed now also, the steps are being taken to wipe out local banks and just leave the Fed. Get ready for your digital currency and tracking state.
                        Comment
                        • LongBall52
                          SBR MVP
                          • 06-14-20
                          • 1319

                          #13
                          I think the small banks will become extinct at some point.
                          Comment
                          • dlowilly
                            SBR Posting Legend
                            • 11-09-16
                            • 13862

                            #14
                            Eventually it will be back to gold, weapons, food, and pussy being the only currencies
                            Comment
                            • StackinGreen
                              SBR Posting Legend
                              • 10-09-10
                              • 12140

                              #15
                              Originally posted by LongBall52
                              I think the small banks will become extinct at some point.
                              This is the plan, and it's not a conspiracy theory (unless you think the Fed is conspiring which they sort of do), there are many economists that know banking very well that have said as much.
                              Comment
                              • LongBall52
                                SBR MVP
                                • 06-14-20
                                • 1319

                                #16
                                My worry is that probably sooner rather than later, I'll be forced to buy an SUV or whatever those tall cars or named to drive even half way safely. It's damn close now!
                                Comment
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