War5oldier

joined 4 weeks ago
[–] War5oldier@lemmy.world 7 points 1 day ago* (last edited 1 day ago) (1 children)

I've heard cases regarding civil asset forfeiture with citizens traveling domestically having large amounts still got it confiscated by DEA agents due to suspicion of criminal activity. So in knowing that, will they still seize non-USD currency: 30,000,000 Rials (~$78,125,000) in cash even though it's being withdrawn from an Omani bank and it's the individual's own money just carried out in multiple stacks.

 

Most countries have a cap at 10,000 USD (or foreign currency equivalent) for undeclared amounts of cash or other monetary assets, as amounts larger than that have to be declared upon travel. Crypto (like BTC or Monero) isn't counted since it's not considered as "valid currency" by the world bank.

The limit not only applies to cash since they count any assets worth of value (gold, checks, bonds, jewelery, artworks, luxury goods, high end electronics, etc). since those have been used and exploited for laundering money, I guess. So, even if he has 500 Rolexes fitted into suitcases worth over $100,000 will that still be taken?

It's like if some one has 800 Chanel Handbags & 200 Hermès watches and mens footwear combined totalling to $50,000 in value stuffed onto mutiple huge suitcases and attempts to travel with that since huge stacks of cash will be flagged, so accessories are used to bring in money.

[–] War5oldier@lemmy.world 1 points 2 days ago* (last edited 2 days ago) (1 children)

To put into perspective: there’s Beluga (a type of caviar) in Switzerland that costs Fr. 1000 or over 1.2k USD, so a Fr. 1000 bill will be accepted at luxury or high end stores.

I’ve seen a video where a German woman wanted to buy flowers with that bill but was told they don’t have enough change to hand back hence why they politely refused despite the fact this bill exists and is legal tender.

[–] War5oldier@lemmy.world 4 points 2 days ago (5 children)

Just have this instead, it's much more compact (~$1.2k in your pocket) -

 

I mean, the 100 USD bill is NOT the highest valued bill in the world, that belongs to the former B$10000 bill (withdrawn) from Brunei (I'm serious, this exists) which is worth $7874 and yes it's a single bill, also converting to around £5803 & 6677€ respectively. Like why does this bill even exist when it's hard to encounter, given that Brunei is a petro-state, it comes as no surprise.

The second highest valued bill is Fr. 1000 ($1278) or £942 & 1084€ which isn't a surprise for Switzerland to have that due to how expensive it is over there. But, it's difficult to obtain even in Switzerland and has advanced security features making hard to counterfeit due to its high value (x12 times of $100) but they sell stuff that's over Fr. 1000 anyway so it makes sense for them to have that.

The reason why they are barely featured in crime movies or mentioned in real crimes relating to counterfeit money is because of their obscurity and the fact that they don't know both exist (but it does, although either really hard to get your hands on it or ceases to circulate) however still retains their face value. The Swiss Franc is deemed a "safe haven" currency while the US Dollar isn't.

[–] War5oldier@lemmy.world 1 points 3 days ago* (last edited 3 days ago) (1 children)

It's a typo, sorry. Anyway, even though the 500€ note is considered obscure: can high end stores accept that as payment? Euros makes USD look cheap since most of their physical notes from the USD are the same size & look bland. Euro bank notes look colorful in comparison. I would say it's difficult to counterfeit Euro than US Dollars (especially the $100 bill is prone to fakes).

[–] War5oldier@lemmy.world 3 points 3 days ago* (last edited 3 days ago) (3 children)

whats with these Euros? Why cant they just accept dollars here

Little did they know, Euro is WORTH MORE than US Dollars at face value as reflected by the exchange rate. A 200€ (~$235) note is higher than $100, and there is a 500€ (~$589) note (although no longer in circulation) but nevertheless, it still exists & definitely more than $100.

[–] War5oldier@lemmy.world 8 points 3 days ago (2 children)

From what I've heard, he traveled via a cruise ship bound for Britain by putting that into luggage in a concealed compartment.

 

Short answer: he or she has passed away. Cameras only capture what is physically present within its lens, the only thing it can capture is the final moments of the individual prior to death but won't negate the fact he or she's dead after the footage was recorded.

Like this: the son is dead but the focus shifts on spying on his mother or brother right after his death. Unless they both perished in an unreleated accident or due to unforseen circumstances, target is replaced on finding any living relatives within the family tree.

This individual may have committed suicide or died in an accident to escape being tracked since a dead person can't be tracked, but could they just shift their focus on another person who lives in the same property as the deceased target?

 

You've won 10,000,000 Rials from a lottery in Oman upon purchasing a lucky ticket by chance, but it's given to you all in cash (each stack is worth around 5000 Rials, given to you via 2 travel sized suitcases). It's a lot more money when you factor in currency exchange.

That amount is equal to ~$26,041,666 but are you allowed to import that much into the United States tax free? All you have at the airport is 2 suitcases, each one containing 5m Rials in hard cash. However, the stress is on CBP declaration of 10,000 USD or greater.

Even if you disclosed & declared that you possess the equivalent of 26m USD in face value worth of lottery winnings from another country, would they let you keep it or seize all that money? Is it still going to be subjected to taxation despite it NOT being in Dollars?

 

The answer is subjective, depends on the nations one has for each passport and their diplomatic ties. There are also complications on who takes jurisdiction during crisis (like disaster or war) since one country will argue on who should take control of repatriation. For example, when the Iranian conflict started: evacuation flights issued by let's say by Germany for German citizens, what happens if an British person also has a German passport (a dual citizen of a EU and a non-EU country), wouldn't the UK also say they're also a citizen.

This is what I mean, during certain situations or a crisis: who takes charge if the individual is from 2 nationalities which may cause a dispute between both sides? Like, if Britain said "This guy is British" (refering to being stranded in UAE during a drone attack) but Germany recants "He's also ours". Although the repatriation flights are intended to be for German nationals stuck there, despite the individual also having a British passport even though Germany considers this person a German citizen by their second passport.

 

Despite Scotland being considered as part of the United Kingdom, they print their own currency which issued by the Bank of Scotland (but the confusing part is that there's no separate currency code for Scottish Pounds) and the fact it is "legal currency" but not officially legal tender (even in Scotland itself), it's weird.

I would say that using GBP is better than Scottish Pound to not confuse cashiers since it's up to their discretion whether they'll accept Scottish money in Britain & vice versa. I've heard most will refuse Scottish Pound due to unfamiliarity, even worse there are three banks printing their own version of Scottish Pounds.

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submitted 2 weeks ago* (last edited 2 weeks ago) by War5oldier@lemmy.world to c/nostupidquestions@lemmy.world
 

Whenever you hear news about the Iranian conflict, it concentrates a lot more on what's happening in the UAE, Bahrain, Kuwait, Saudi Arabia or Qatar but for some reason not much updates from Oman about that despite them being a GCC member state. Does that mean Oman is spared from the conflict despite being adjacent to Iran regarding their geography?

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submitted 2 weeks ago* (last edited 2 weeks ago) by War5oldier@lemmy.world to c/australia@aussie.zone
 

In both physical & digital copies of video games: when I've visited an store, upon looking at the price tag (they range at 90 AUD or more for a copy, seriously?!) I've also browsed through their Steam store front which isn't any better, 110-30 AUD for a digital license?! When you consider regional pricing, they end up costing more than USD (depends, like a +20% increase which is insane to me). To put it into perspective, games are cheaper in my country than they are in Australia.

 

For instance: boyfriend invested a lot and managed to secure them (they never devalued as he kept them stable for a while) but one day he passed away, the thing is that he is the main shareholder who owns said corporate entity when he was still alive (so he's the only signatory noted on paper) so what happens then? Most of the legal framework and bureaucracy are all under his name.

It definitely won't his girlfriend who'll taking over as it's not even under her name nor was she delegated that responsibility prior as the title and experience of shareholding is under her boyfriend's name. I mean, shareholders are human beings (corporations are formed by people). In this case, he is the founder of the company that managed to take off financially that succeeded.

[–] War5oldier@lemmy.world 2 points 2 weeks ago* (last edited 2 weeks ago)

romaji

Relying too much on romaji is bad, try to read using furigana (which is a hiragana transliteration on top of Kanji).

[–] War5oldier@lemmy.world 2 points 2 weeks ago (1 children)

Have you ever read subtitles (日本語字幕) without pausing? Whenever I watch a non-Japanese movie, I just enable JP subs and you need a very good grasp on reading Kanji in real time since you're reading translated dialog, and sometimes you can notice translation mistakes if you know where to look based on visual context within the scene. For Japanese movies: I sometimes enable closed captions to understand clearly what they're saying.

 

I mean, think of it this way: it comes down to how often you come across words in any language including English (even in ENG: you may forget how to spell words correctly if you don't use or encounter them often), kind of the same logic with Kanji: a Japanese person doesn't know all Kanji in the same way English speakers doesn't know every single word that exists in ENG.

There are over 5000 Kanji but only about half of that is used in Japanese or closer to 2136 while the remainder consist of ones only present within technical jargon (medicine, science, politics, etc.). or certain Kanji only has limited uses in some words (but mostly written in kana). That is also accounting for grammar being "straight forward" more than English or Euro languages.

The "real" hard part is numerous readings (depending whether it's paired with kana or another kanji, reflected from kunyomi & onyomi plus nanori when applied in people's names). What I hate about most online translators is that it often gets lost in translation (like words used in the wrong context but on their own it's correct, however not right for the situation or topic at hand).

 

I've seen this video where GOOGOL gear is depicted (it takes 10^100^ years on reaching the final gear) but how many generations will it take? The 5th gear takes about 10 hours in real time, by the time the 10th one starts spinning (you're probably already dead).

The entire thing consists of 100 gears. However, even if you record or livestream a video of the entire thing: would you still be alive by the time the final gear starts spinning? The common life span of a human is around 72-73 median but some can reach 100+ up to 125.

 

The reason why American prisons carry a shit reputation is due to the big issue regarding their prison industrial complex, meaning it's more akin to a private firm (some contractor manages the prison monetizing every aspect) than a state owned government insitution.

In most nations: the prisons are owned and operated by the judiciary or a justice department (which both are governmental entities). But NOT in America it seems, as there are cases of prisons profiting off inmates whilst treating them like a animal confined to a cage.

The corruption in that is ridiculous from:

  • Guards are overprotected (military gear) in prison
  • Guards being handed military grade weaponry (in jail!)
  • Guards accept bribes (cash) from some third party
  • Inmates fed slop (not made for human consumption)
  • No effort on rehabilitating the inmates at all
  • Monetize family visitations by the hour or minute
  • Officials are bribed by those contractors to stay silent

It plays a key reason as to why their recidivism rate is high: the inmates who served their time just commit crime again right after they are on the street, then return back to prison again (it's a cycle). There's zero effort on trying to make them readjust back to society.

There's a case were a guy was beaten to death in a holding cell by the GUARDS despite him begging for medical attention as he's peeing blood and vomiting due to his illness. His family sued the police as what they did to him is unforgivable.

It's bad for ex-cons: no jobs are willing to hire someone with a record, or openly display prejudice. Even for those who were in jail for minor offenses (for them, the thought of "being behind bars" makes them sick) rather than knowing their full circumstances.

Now, in terms of prisons in your (EU) country:

  • How well are they funded to maintain it's upkeep?
  • How does society view ex-cons in your country?
  • How are inmates treated at prisons in your country?
  • What is the overall recidivism rate in your country?
  • Who owns & operates the prisons in your country?
[–] War5oldier@lemmy.world 3 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

I've heard from a friend of mine who works in the service industry over there: it's a pain in the ass for businesses due to how taxes work in Japan, as they're required to disclose the tipped money (otherwise it may be tagged as tax evasion) alongside it being divided amongst employees. What makes it worse, is that in most cases they place either ¥5000 or ¥10000 bills inside the tip jar.

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