Why couldn't he just buy gold instead?

this

Why not?

Wouldn't pawn shops, dealerships and others be able to sell him gold and other stuff paid in cash without declaring it on taxes?
It doesn't have to be a one time transaction, just have some guys going to stores in the region, sometimes other states, things like that.
Escobar was famous and had too much heat on him, Walt never had the same logistics as the Colombians have, even tho they got Escobar the cartels are stronger now than ever before, with many actively changing into legitimate businesses, same happened in Mexico and other Latin American countries. If anything they're an example of what Gus was trying to do.

You can, however, buy a ton of gold that it's not traceable, never mention it to anyone, pay everything else by cash, and ocasionally sell some, report it on tax return and never buy a car wash which needs a background story and raises suspicion.

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>There were plenty of better ways to launder his money while keeping the IRS happy
yeah but then the show would be boring as fuck if walter - and everyone else on the show - made good decisions. one of the major themes of the show is that people who become criminals end up becoming criminals because they have bad judgement and decision making skills and typically respond to crisis emotionally(like a woman) instead of with reason and logic like a man. People who make good judgements and wise decisions don't have to become criminals to survival or become successful. they learn how to scam other people out of their money "legally" and how to invest it "legally" and become "donors" to people who make laws they want to change.

you know how almost every episode of COPS starts the same way? with some guy getting pulled over and immediately making some stupid bad decision to lie, run, or attack the cops? because criminals are stupid and make bad decisions. even the "master mind" criminals are all retards. look at the clintons, bidens, bushes, etc. all retarded tools of much more rich, competent people

they shoulda put all their money into the metaverse.

>Wouldn't pawn shops, dealerships and others be able to sell him gold and other stuff paid in cash without declaring it on taxes?
>It doesn't have to be a one time transaction, just have some guys going to stores in the region, sometimes other states, things like that.
they would need a whole network of people to do this for the amount of cash they were making and would take a loss on each person added.

what he really should have done is killed everyone who knew his identity, then cut off his own face, get on a boat with all his money and sail off into the deep blue yonder.

>Even crypto was already a thing in 2012
Breaking Bad takes place between 2008 and 2010

>Same and especially with CRYPTO because that's digital so the cash would have to hit a bank.

By 2010 there were quite a few ways to get ahold of crypto. It would not be hard to reason that any of Saul or Walt's connections would have been able to do it. Maybe not at the quantities that he wanted, but he still could've probably gotten a few million that way.

After he bought the crypto, he could've easily just said he "mined it on an old PC" back in 2008, like most current bitcoin billionaires did.

That guy who set up the laundering "donation" page using a network of compromised computers could've done that, for sure, and it would've been less suspicious.

I have a better question. Why are people so terrified of using cash? Are you so addicted to credit cards that you would risk using the banking system? Unless you're buying a house or a car, just use fucking cash. How hard is that?

honestly he should've just used it all on gold-pressed latinum

>go to gold store
>I'd like $20,000,000 in bullion please
>where'd you get that money son?

theres not much gold in the world and all monopolized by jews. places that try to stockpile gold get invaded for democracy reasons and stolen. most gold bought and sold is just imaginary promisary type shit and never physically sold to people or moved. buying gold would leave massive paper trails and impossible to sell or cash in without explaining away the way you got the gold and money in first place.

>buy house to flip
>pay contractors in cash only to renovate
>have contractors buy all materials

You can't spend cash on lots of nice expensive shit without being a giant target for the IRS
The entire point of laundering money is so you can live a lavish life style

why didnt that asshole pay his medical bills and quit?
hate this dumbass show

They have a mandate to usually not show gold as valuable in movies.

You go to the coin store and buy it there. They don’t charge taxes too

>i'll give you 5 million if you stfu and give me my gold

He would go more than once over a spaced out period

transactions under $10k dont raise any flags. just open a fake landscaping business and structure deposits.
for a chemistry/gang politics genius he sure is a dumbass

Today I went to buy bread, I got 2 for 1 real, 15 years ago I used to get 10 for 1 real. Which means that in 15 years I have seen my currency going down to 20% of what it used to be. If I had 1 million back then, and kept that money on a big pile such as Walt's, I'd have 200k by now, instead of 5 million. That's accounting for Brazil's inflation, Walt would be having a similar problem but in 20 years instead of 15, so by the time he's 70 and his daughter is in college.
I mean now you're just being silly. I'm not saying to do it all at the same time.

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>I have a better question. Why are people so terrified of using cash?
because businesses have to report all cash transactions over certain amounts and since large cash transactions are so rare these days ALL large cash transactions get red flagged. check/bank card/credit card, etc fraud is all infinitely easier to get away with than throwing around large chunks of hard cash. getting a pallet of cash "into" the digital banking system as legitimate is what money laundering is all about.

instead of buying a business that has a steady income and an income ceiling(max number of cars it can service in a day) they should have done something like buy a half empty strip mall. you get some legitimate, existing tenants and a few empty units. you put some family/friends fake front businesses in the empty units and wash cash through them and maybe even have some of them become profitable on their own. feel out the existing tenants and see if they want to "increase their businesses" too. expand to more shopping centers as needed to reasonable wash the money. maybe make chains of your existing businesses in the other shopping malls.

know all those shopping malls you see with a chinese nail salon, chinese food take out restaurant, and chinese massage parlor with a crummy "smoke shop" or "convenience" store in the same lot? those are money laundering businesses for the chinese-american mafia. notice how all the businesses deal in services where they can easily fill up their books with fake transactions(what proof do you need that X number of massages or hair cuts happened and how much they cost?) THATS how you do it. not a fucking carwash where all your business activity is outside and cop can literally count your customers and guesstimate your business.

Because tv shows are propaganda they can’t have the characters be smart and get away with something otherwise that would give people ideas

All he had to do was go to a casino, buy chips, then cash out again. It would take like an hour a week tops as opposed to running an entire fucking second business.

They wanted a way to spend large sums of money, like the money for Walter's treatments, without raising suspicion. With your system, unless I'm mistaken, you wouldn't be able to spend much more than the family takes in income-wise for things you can't just pay for with cash and no paperwork. You might as well not even bother with the gold. Unless you're buying property, cars, or other things you need to fill out paperwork for, the IRS would never know if you were spending outrages sums of money every week.

structure deposits and pay the fucking taxes. its not hard.

Are there any movies about not paying income tax?

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>>buy house to flip
>>pay contractors in cash only to renovate
>>have contractors buy all materials
this could maybe work if your contractors themselves were also illicit and had access to illicit sources of materials because all contractors who go through big box stores basically have to have accounts and have all their purchases tracked and tied to a "job number/account" and all this other bullshit to be legitimate contractors. there is a lot of regulation and oversight of contracting work precisely because it has historically been used to not just wash money but avoid taxes and other benefits. its definitely do-able but you need illicit source of materials.

It's like he's never read a John Grisham book before.

Why would I use cash when I would miss out on thousands of dollars in rewards I’ve accumulated (never spent a cent on interest) and I’d have a credit score and would be paying a higher interest on my mortgage costing me thousands of dollars.

>go in with cash
>come out with cash

i think OP wants to hide the cash somewhere

>transactions under $10k dont raise any flags.
this isnt true anymore. the way accounts are tracked is no longer as simple as 'over/under this amount. they algorithmically analyze for patterns, trends, abnormalities, etc. If you constantly put in $9,999 every X days or X times a year you will be flagged. even 9,999 itself is probably flagged as well as 9000 and so on. the financial tracking system is way more complex than you think. its not even just about spying or looking for criminals but for tracking trends to make predictions about credit, the market at large, what to advertise to you, who to sell your data to, and good stuff too like preventing fraud on your account from happening. to wash cash you really need legitimate businesses you can was the money through that you can reasonable explain the increase in revenue with a good believable story with doctored facts/evidence to back it up.

>A former Yale administrator admitted to stealing over $40 million from the school, which she used to purchase travel, a slew of luxury cars, and multiple homes
> For a decade, a Yale School of Medicine administrator used university funds to buy computer equipment, which she resold

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A bank. You don't need to hide winnings from a casino. They don't give you back the same money. Once you exchange it its no longer traceable.

what are the rules with western union?
could send the money to someone in switzerland

>buy chips
I would be surprised if casinos don't keep track of cash-ins.

breaking bad didn't take place in 2012

$40,000,000 in computer equipment unnoticed. thats over 10,000 $3500 macbook pros.

the other part is you pay your taxes. nobody is going to waste time investigating cash transactions unless taxes are short. and they sure as fuck arent going to set up a sting and catch you running a fake business before you get an audit notice.

There is a "polish market" down the street from me that maybe gets 2 customers a day, and is only open 3 days a week for 4 hours a day.
I don't have any idea how they make money. I'm guessing its something to do with tax fuckery or laundering.

They stock polish coca cola, though, which has real sugar.

who was tracing the drug money?
and the casino thing might work for a few times only i would think.

>Why couldn't he just buy gold instead?
What the fuck am I reading?

How does buying gold launder the money? The IRS are just gonna be like "How did you get enough money to buy 80 million dollars worth of gold?" and it's over.

What the hell user?

does a mexico bank give a shit where the money comes from? smuggle it down there and deposit

>Once you exchange it its no longer traceable

Why do you think cash is "traceable"? Who told you that?

>gold
he found enough in the streets he didn't need more

>"How did you get enough money to buy 80 million dollars worth of gold?"
uh, i dug it up myself

>know all those shopping malls you see with a chinese nail salon, chinese food take out restaurant, and chinese massage parlor with a crummy "smoke shop" or "convenience" store in the same lot?
There is one of these exact places about 1/3rd of a mile from me.
The chinese place actually makes decent, cheap food, but there are never any customers actually in there.

He should have taken out a loan to start a business which services customers and requires very little supplies, and transactions of good like a barber shop, where the customer walks in, sits ina chair, gets their hair cut, and leaves. A laundromat would be really good too. Then when those first businesses are “successful” you open up a few more locations. That’s what I would do.

All bills have a number on them that could theoretically be traced. However the issue is explaining how you came into possession of it in the first place. Claiming it as casino winnings solves that problem.

>does a mexico bank give a shit where the money comes from? smuggle it down there and deposit
>putting your american money in a mexican bank
top zozzle

until after 10 times saying that they check with the casino and see you walk in then walk out 5 minutes later

>casino winnings solves the problem
the only problem is unpaid taxes and casino winnings are taxable income.
PAY THE TAXES
nobody cares where the money comes from if the taxes are paid
FUCK

why not

fine, exchange it at the airport for mexican dollars first

There's a video store near me, actual vcr videos, they also have a couple of washing machines

silverfish

>gold
good luck buying tens of millions of dollars in gold without raising any flags
>crypto
money still needed to be in a bank account for onramping and the OTC alternative wouldn't work either as it has its own negative aspects to it, BTC is traceable anyways so good luck explaining where those tens of millions of dollars of initial purchase come from

I knew a person that bought winning lottery tickets at a +50% markup per dollar.

Yeah I wouldn't recommend immediately handing the chips back and asking for your cash. Moron. You fuck around for an hour and play a few hands.

Form 8300 says hi. Anything bought with over $10k cash is reported by the bullion dealer or they get fined. They're not risking their business to help some idiot drug dealer.
Winnings from gambling is taxable income. Putting it in a bank lets the feds know about it. Constant, huge deposits attributed to gambling winnings are blatantly fraudulent. You will get audited, they will ask for casino receipts, then what do you do?

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You should know that while you were describing someone as retarded you were misusing "to". You should have used "too".

rent a private jet and fly a pallet of cash to switzerland.

find one flaw with this plan

Yeah there's this chinese restaurant on my commute that I don't think I've ever seen open, but there's always someone in there because a car is parked there. There's no way it isn't some laundering operation or front.

It's a lakefront property too so they must be fucking rolling in cash to be able to hang on to that building. Lakefront property aint cheap. Kind of a shame really it would be a really nice restaurant with a view like it has.

>number on them that could theoretically be traced

Wrong, not even "theoretically". No store in the world records bill numbers. You are trying to solve a "problem" that doesn't exist.